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Gitlab (GTLB) Q3 FY26 earnings results (third quarter fiscal 2026)

10-Q filed Dec 3, 2025

Gitlab (GTLB) reported revenue of $244M for the third quarter fiscal 2026 (Q3 FY26), +25% from a year earlier and +4% from the quarter before. Operating margin was -5.1%, net loss $8.8M (3.6% of revenue).

Revenue$244M
Year over year+25%
Quarter over quarter+4%
Operating margin-5.1%
Net earnings−$8.8M

Gitlab, Q3 FY26: revenue $244M (+25% year over year), operating margin -5.1%, net loss $8.8M, operating cash flow $31.4M. The chart follows the revenue to costs, profit and cash.

Q3 FY26AmountQ/QY/Y
Revenue$244M+4%+25%
Operating profit−$12.4M——
Net earnings−$8.8M——
Operating cash flow$31.4M-36%—
Free cash flow$28.4M-39%—

What changed

Revenue was $244.4M in Q3 FY26, up 25% year over year and up 4% from the previous quarter. Subscription—self-managed was the largest line at 60% of revenue. Subscription—self-managed added $27.9M year over year (up 24%), 58% of the total change. License—self-managed declined 7%.

Gross margin was 86.8%, down 1.9 points from a year earlier. Operating costs exceeded revenue by $12.4M, an operating margin of -5.1%. Operating expenses grew 11% against revenue growth of 25%. The fastest-growing cost line was Research & development (+12%). The quarter ended with a net loss of $8.8M, narrower than the previous quarter's $10.0M loss. Minority interests bore $521K of it: to shareholders the quarter was a loss of $8.3M. Non-operating items added $5.4M, -77% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was $31.4M. Non-cash charges added back $869K of depreciation and amortization and $51.7M of share-based compensation. Working capital and other items used $12.3M. Capital expenditures of $3.0M left free cash flow of $28.4M.

Questions

What was Gitlab's revenue in the third quarter fiscal 2026?

Gitlab (GTLB) reported revenue of $244M for the third quarter fiscal 2026 (Q3 FY26), +25% from a year earlier and +4% from the quarter before.

Was Gitlab profitable in the third quarter fiscal 2026?

Operating loss was $12.4M (-5.1% of revenue) and net loss $8.8M.

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Source: Gitlab 10-Q on SEC EDGAR.