Gitlab Inc. - GTLB STOCK NEWS

GitLab has been awarded the 2025 Google Cloud Technology Partner of the Year Award in the Application Development - DevOps category for the fifth consecutive year. The company has strengthened its partnership with Google Cloud through several product improvements and expanded platform integrations.

The integrations combine GitLab's comprehensive DevSecOps platform capabilities with Google services including Identity Access Management, Workload Identity Federation, Cloud Artifact Registry, and Compute Engine. Joint customers can access complete visibility across the software development lifecycle without switching between systems.

The partnership, which began in 2018, has proven successful for customers like Airwallex, whose technology chief of staff Andy Chow praised the platforms' combined capabilities in developing scalable payment infrastructure. Nick Cayou, VP of Global Ecosystem at GitLab, emphasized their commitment to helping customers ship secure software faster while providing an excellent developer experience.

GitLab (NASDAQ: GTLB) reported strong Q4 FY2025 financial results with total revenue reaching $211.4 million, up 29% year-over-year, and full fiscal year revenue of $759.2 million, a 31% increase. The company achieved a non-GAAP operating margin of 18% in Q4.

Key metrics show robust growth with 1,229 customers contributing over $100,000 in Annual Recurring Revenue (ARR), up 29% year-over-year, and 123 customers with over $1M ARR, increasing 28%. The Dollar-Based Net Retention Rate stood at 123%, while total RPO grew 40% to $945.0 million.

The company announced two key leadership changes: Ian Steward will join as Chief Revenue Officer effective May 3, 2025, and David Henshall was appointed to the board of directors. GitLab also highlighted the general availability of GitLab Duo Self-Hosted and the private beta of GitLab Duo Workflow.

GitLab (NASDAQ: GTLB) has announced that Chief Financial Officer Brian Robins will participate in the 2025 Cantor Fitzgerald Global Technology Conference. The presentation will take place in New York on Wednesday, March 12, 2025, at 1:00 p.m. Eastern Time.

The fireside chat will be accessible through a live webcast, with the recording remaining available for one year on GitLab's investor relations website. GitLab, recognized as the most comprehensive AI-powered DevSecOps platform, will provide investors and interested parties the opportunity to gain insights into the company's financial perspective and strategic direction.

GitLab Inc. (NASDAQ: GTLB) has announced that CEO Bill Staples and CFO Brian Robins will participate in the Morgan Stanley Technology, Media & Telecom Conference in San Francisco. The executives will engage in a fireside chat scheduled for 1:50 p.m. Pacific Time on Wednesday, March 5, 2025.

The presentation will be accessible through a live webcast, and both the live stream and replay will be available on GitLab's investor relations website for one year. GitLab, which operates as an AI-powered DevSecOps platform, provides interested parties the opportunity to follow the discussion through a dedicated webcast link.

GitLab Inc. (NASDAQ: GTLB) has announced it will release its fourth quarter and full fiscal year 2025 financial results on Monday, March 3, 2025, after U.S. markets close. The company will host a conference call and webcast at 4:30 p.m. EST / 1:30 p.m. PST on the same day to discuss the financial results.

A webcast replay of the conference call will be available on the investor relations website for one year. The company utilizes its Investor Relations website ir.gitlab.com and X feed (@gitlab) for disclosing material nonpublic information and complying with Regulation FD obligations.

GitLab Inc. (NASDAQ: GTLB), provider of an AI-powered DevSecOps platform, has announced that CFO Brian Robins will participate in the 27th Annual Needham Growth Conference in New York. The presentation will take place on Tuesday, January 14, 2025, at 11:45 a.m. Eastern Time.

The fireside chat will be accessible through a live webcast, and both the live stream and replay will be available on GitLab's investor relations website for one year following the event. Interested parties can access the webcast directly through the provided link.

GitLab Inc. (NASDAQ: GTLB) reported strong financial results for Q3 FY2025, with revenue reaching $196.0 million, up 31% year-over-year. The company demonstrated significant improvements in operating margins, with non-GAAP operating margin reaching 13% compared to 3% in the previous year.

Key metrics showed robust growth with customers having >$100,000 ARR increasing 31% to 1,144, and a Dollar-Based Net Retention Rate of 124%. Total RPO grew 48% to $811.8 million. The company announced a leadership transition, with Bill Staples appointed as CEO, succeeding co-founder Sid Sijbrandij who will become Executive Chair.

For Q4 FY2025, GitLab projects revenue of $205.0-$206.0 million and non-GAAP operating income of $28.0-$29.0 million.

GitLab (NASDAQ: GTLB) has appointed Bill Staples as its new CEO and board member, succeeding co-founder Sid Sijbrandij, who is transitioning to executive chair to focus on his health and cancer treatment. Sijbrandij's cancer is non-metastatic, and his treatments are progressing well.

GitLab currently serves over 10,000 customers with more than $750M in run-rate revenue. Staples brings nearly 30 years of experience in building developer platforms, having previously served as CEO at New Relic where he significantly increased the company's enterprise value. His prior experience includes executive leadership roles at Microsoft and Adobe.

GitLab and AWS have announced an integrated offering combining GitLab Duo with Amazon Q, creating an AI-powered developer experience to accelerate software innovation and productivity. The integration aims to streamline software development workflows and enhance security across the development lifecycle.

According to the GitLab Global DevSecOps Report, 54% of individual contributors report their teams use up to 14 tools for software development, while only 17% of organizations have started tool consolidation efforts. The new integrated offering addresses this fragmentation by helping developers complete complex multi-step tasks from GitLab's unified DevSecOps platform.

The solution enables developers to transform feature ideas into merge-ready code, generate unit tests, provide AI-driven code quality and security reviews, and modernize Java codebases. The integrated offering is currently in preview for GitLab Ultimate tier customers on Self-Managed.