GitLab Q3 Earnings Assessment

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The earnings results for GitLab GTLB for Q3 were made public on Thursday, December 5, 2024 at 04:06 PM.

Here's a comprehensive overview of the announcement.

Earnings

GitLab beat estimated earnings by 44.0%, reporting an EPS of $0.23 versus an estimate of $0.16.

Revenue was up $46.38 million from the same period last year.

Overview of Past Earnings

The company beat on EPS by $0.05 in the last quarter, resulting in a 22.0% increase share price change the following day.

Here's a look at GitLab's past performance:

Quarter Q2 2025 Q1 2025 Q4 2024 Q3 2024
EPS Estimate 0.10 -0.04 0.08 -0.01
EPS Actual 0.15 0.03 0.15 0.09
Revenue Estimate 176.89M 165.89M 158.21M 141.49M
Revenue Actual 182.58M 169.19M 163.78M 149.67M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

GitLab management provided guidance for Q4 2025, expecting earnings between $0.22 and $0.23 per share.

To track all earnings releases for GitLab visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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