Filing Flows › Gitlab (GTLB) › Q2 FY27 › vs Q2 FY26
Gitlab (GTLB) Q2 FY27 vs Q2 FY26 (year over year)
Gitlab's revenue rose $50.3M (+21%) from $236M in Q2 FY26 to $286M in Q2 FY27. The biggest changes: Subscription—self-managed and SaaS +$45.6M (+21%); License—self-managed and other +$4.7M (+20%).
Gitlab, Q2 FY27: revenue $286M (+21% year over year), operating margin -19.9%, net loss $36.1M, operating cash flow −$3.1M. The chart draws each line against Q2 FY26, the increases inside each band.
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Subscription—self-managed | $161M | $141M | $20.1M | +14% |
| SaaS | $97.6M | $72.0M | $25.6M | +36% |
| License—self-managed | $20.7M | $18.1M | $2.5M | +14% |
| Professional services and other | $7.3M | $5.1M | $2.1M | +42% |
| Subscription—self-managed and SaaS | $258M | $213M | $45.6M | +21% |
| License—self-managed and other | $27.9M | $23.3M | $4.7M | +20% |
| Revenue | $286M | $236M | $50.3M | +21% |
| Other income, net | $17.6M | $10.6M | $7.0M | +66% |
| Income tax benefit | $3.2M | −$2.2M | $5.4M | — |
| Net loss | $36.1M | $10.0M | $26.1M | +261% |
| Costs & expenses | $343M | $257M | $86.6M | +34% |
| Operating costs | $343M | $254M | $88.9M | +35% |
| Cost of revenue | $45.6M | $28.5M | $17.1M | +60% |
| Research & development | $95.0M | $71.5M | $23.5M | +33% |
| Sales & marketing | $134M | $110M | $24.8M | +23% |
| General & admin | $68.2M | $44.7M | $23.5M | +52% |
| Operating cash sources | $79.4M | $5.7M | $73.8M | 14× |
| Depreciation & amortization | $1.3M | $759K | $586K | +77% |
| Share-based compensation | $75.0M | $54.3M | $20.7M | +38% |
| Cash used in operations | $3.1M | −$49.4M | $52.5M | — |
| Net loss absorbed | $36.1M | $10.0M | $26.1M | +261% |
| Working capital & other | $43.3M | −$4.3M | $47.6M | — |
Questions
How much did Gitlab's revenue grow year over year in Q2 FY27?
Gitlab's revenue rose $50.3M (+21%) from $236M in Q2 FY26 to $286M in Q2 FY27.
What drove Gitlab's revenue change in Q2 FY27?
Subscription—self-managed and SaaS +$45.6M (+21%); License—self-managed and other +$4.7M (+20%).