GitLab Shares Rise After Better-Than-Expected Q4 Report: Details

GitLab, Inc. GTLB reported its fourth-quarter results after Thursday's closing bell. Here's a look at the details from the quarter. 

The Details: GitLab reported quarterly earnings of 33 cents per share which beat the analyst consensus estimate of 23 cents. Quarterly revenue came in at $211.43 million which beat the analyst consensus estimate of $206.12 million.

Read Next: Tesla Rebounds While Tariffs Weigh On Manufacturing: What’s Driving Markets Monday?

“This quarter’s results demonstrate the power of GitLab’s innovative DevSecOps platform,” said Bill Staples, GitLab CEO.

“AI is fundamentally changing the software development landscape. With the GitLab platform and GitLab Duo, customers can leverage AI that fully takes advantage of the GitLab platform which ensures their software quality, security, privacy, compliance, and governance requirements are met to deliver secure software faster.”

Outlook: GitLab sees first-quarter adjusted earnings of between 14 cents and 15 cents per share, versus the 15 cent estimate, and revenue in a range of $212 million to $213 million, versus the $212.33 million estimate.

The company expects fiscal 2026 earnings of between 68 cents and 72 cents per share, versus the 79-cent estimate, and revenue in a range of $936 million to $942 million, versus the $939.1 million estimate.

Price Action: According to data from Benzinga Pro, GitLab shares are up 3.11% after hours at $58 after falling 6.58% in Monday’s regular trading session.  

Read Next: 

• Pending Home Sales Crash To Record Low, Jobless Claims Soar: Wall Street Reacts

Image: Shutterstock