GitLab Projects $1.129B-$1.133B Revenue for FY 2027
GitLab reported strong financial performance in Q2 FY 2027, with revenue reaching $286.3 million—a 21% year-over-year increase—and non-GAAP operating income of $42.6 million, translating to a 15% margin. CEO William Staples described the quarter as 'exceptional.' The company is projecting total FY 2027 revenue between $1.129 billion and $1.133 billion. GitLab also aims for over $100 million in paid Customer Retention Revenue (CRR), signaling confidence in its ability to maintain strong customer engagement and recurring income streams. The results reflect the company's ongoing growth trajectory, driven by demand for its DevOps platform solutions.
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Topics: management_commentary non-gaap_operating_income revenue