Profitelligence Profitelligence · Filing Ledger Open GTLB research →

Form 8-K · Current Report · Filed 2026-09-01

GitLab Reports Q2 FY2027 Financial Results and Announces Key Executive Change

GitLab Inc. reported its financial results for the second quarter of fiscal year 2027, showing a 21% year-over-year increase in total revenue to $286.3 million. The company also announced that Simon Mundy, its Chief Accounting Officer, will resign effective September 16, 2026, and Jessica Ross, the Chief Financial Officer, will assume the additional role of principal accounting officer. The company's non-GAAP operating margin was 15%, and it generated $9.8 million in non-GAAP adjusted free cash flow. GitLab also introduced new commercial models and expanded its AI capabilities during the quarter.

Filer
GitLab Inc. GTLB · NASDAQ
Filed
Accession
0001628280-26-059820
CIK
0001653482
Signal
High impactTechnology

Items reported

Item events

Reported Item

Earnings Beat Key Executive Departure Key Executive Appointment

Market reaction

Close before filing

$46.54

Next session

+6.5%

Since filing

+6.5%

Latest close

$49.58

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from GTLB reporting the same item, with the next session's move:

GitLab Updates Business Performance and Introduces New Flex Pricing Model+3.9%
GitLab Announces Resignation of Chief Legal Officer and 2026 Annual Meeting Results+1.8%
GitLab Reports Q1 FY2027 Earnings and Announces Restructuring Plan-8.5%
GitLab Inc. Executive Chair Converts Class B to Class A Common Stock+7.6%
GitLab Announces Major Restructuring Plan-11.2%

Insider tape

Within 45 days of this filing, GTLB insiders reported 3 Form 4 transactions — net selling of $332K.

Full GTLB insider history →

About GitLab Inc.

GitLab Inc., a leading technology company, focuses on providing a comprehensive DevOps platform to streamline software development and operations. The company enables teams to collaborate more efficiently by integrating various stages of the software development lifecycle into a single application, covering everything from project planning to code management and monitoring. GitLab’s platform significantly enhances workflow efficiency across different sectors, especially in technology, telecom, and financial services, where software development is crucial. Offering both open-source and enterprise solutions, GitLab supports a range of users from individual developers to large-scale organizations. As the demand for digital transformation rises, GitLab plays a pivotal role in the market by helping organizations to accelerate their software delivery processes while maintaining high standards of quality and security. The company operates on a global scale, fostering innovation with a remote-first workforce spread across multiple countries.

Exchange NASDAQ Industry Software - Infrastructure Company website ↗

Never miss another GTLB filing

Profitelligence watches EDGAR around the clock and alerts you within seconds.

Set up free alerts