GitLab beats Q4 profit estimates, issues better-than-feared guidance; shares up

Investing.com -- Gitlab Inc (NASDAQ:GTLB) reported fiscal Q4 2025 earnings above Wall Street expectations on Monday, but its full-year profit forecast fell short of estimates. The company's shares climbed more than 1% in premarket trading Tuesday. 

The DevOps platform provider posted adjusted quarterly earnings per share (EPS) of $0.33, beating analysts' estimates of $0.23.

Revenue rose to $211.4 million for the quarter ended Jan. 31, also surpassing expectations of $206.15 million.

GitLab expects adjusted earnings per share of $0.14 to $0.15, for the first quarter of fiscal 2026, which is in line with the consensus estimate of $0.15. It forecast revenue of $212 million to $213 million, compared with analysts' average estimate of $212.4 million.

However, the company’s full-year fiscal 2026 earnings guidance of $0.68 to $0.72 per share came in below analysts' expectation of $0.81. It projected revenue between $936 million and $942 million, compared to the consensus projection of $941.8 million.

"After two of the cleanest quarters in our coverage, F4Q was a little mixed as the outperformance to revenue ticked down but the revenue guidance for next year was better than feared," Wolfe Research analysts said in a post-earnings note.

"However, with the potential for high-20s growth this year and shares trading at a discount to growth peers, we reiterate our OP rating but lower our PT to $69 (from
$78 prior)," they added.

Separately, Barclays analysts noted that while GitLab's Q4 revenue beat was slightly below investor expectations, the company's fiscal 2026 guidance came in slightly better than the more bearish investor projections ahead of the print. 

"The FY26 guide was the main pain point for investors, and we believe investors leave this earnings feeling better about mid-to-high 20% rev. growth for GTLB," analysts led by Ryan MacWilliams said.

"That said, we believe the investor debate is on FY26 upside from here as GTLB begins to lap more material pricing comps and faces stronger competition from old (GitHub) and new competitors."

Pratyush Thakur contributed to this report.