GitLab Q4 Revenue Up 23.2% to $260.4M, EPS Beats but Cuts Guidance
GitLab delivered Q4 CY2025 revenue of $260.4 million, up 23.2% year-on-year, and non-GAAP EPS of $0.30, beating estimates by 3.4% and 30% respectively. The board authorized a $400 million share repurchase while Q1 revenue guidance $254 million and FY2027 EPS forecast $0.78 per share fell short of analyst expectations.
1. Q4 Earnings Beat and Key Metrics
GitLab reported Q4 CY2025 revenue of $260.4 million, up 23.2% year-on-year, beating expectations by 3.4%. Non-GAAP EPS reached $0.30 per share, a 30% beat, while adjusted operating income rose to $53.4 million with a 20.5% margin. Free cash flow margin improved to 16% and net revenue retention was 118%.
2. Forecast Shortfalls and Market Reaction
Management guided Q1 revenue at $254 million, missing consensus by 0.8%, and forecast FY2027 EPS at $0.78 per share, 24% below estimates. Following the report, shares dipped about 5% in extended trading as investors weighed the slower growth outlook against operational strengths.
3. Share Repurchase Program
GitLab’s board approved a $400 million share repurchase, reflecting confidence in long-term value and aiming to offset dilution. This program represents roughly 9% of current market capitalization, potentially providing support to the share price.