GitLab Inc. (NASDAQ: GTLB) has seen a significant increase in the value of its shares since the release of its most recent earnings report. The most recent pre-market check indicates that GitLab’s shares are now at $52.13, up 16.67%.
GitLab Shared Exceptional Financial Results and Customer Growth
The 2025 fiscal second-quarter results highlight the substantial benefits GitLab’s integrated platform offers to its customers. The business saw remarkable top-line growth of more than 30%, with $182.6 million in revenue.
Furthermore, GitLab has seen an astounding 10% increase in its operating margin year over year. GitLab is well-positioned to not just meet but surpass client expectations as we approach the later half of fiscal 2025, especially by utilizing AI to provide more measurable business outcomes.
Customers with annual recurring revenue (ARR) above $5,000 climbed by 19% to 9,314 over the previous year, while those with ARR over $100,000 jumped by 33% to 1,076.
GTLB offering AI Combination with Increased Security
Organizations are under pressure to expedite software delivery in the current competitive landscape in order to improve performance and effectively handle competition. GitLab’s combination of its comprehensive platform and AI-driven solutions has proven instrumental in aligning with business objectives, delivering measurable benefits, and bolstering security.
This approach has contributed to a Dollar-Based Net Retention Rate of 126%. Additionally, the company’s Total Remaining Performance Obligations (RPO) surged by 51% year-over-year to $747.9 million, with Committed RPO (cRPO) growing 42% to $475.0 million.
Industry Recognition and New Offerings
After being compared to 12 manufacturers, GitLab has been ranked as a Leader in the first Gartner Magic Quadrant for AI Code Assistants for 2024. GitLab was given this recognition because of its “Completeness of Vision” and “Ability to Execute.”
GitLab also unveiled GitLab Duo Enterprise, an end-to-end AI add-on that supports DevSecOps teams at every stage of the software development lifecycle and costs $39 per user each month.
The company also achieved an “In Process” designation at the Moderate impact level from the Federal Risk and Authorization Management Program (FedRAMP), facilitating compliance with stringent security and regulatory standards for public sector agencies and regulated industries.
Additionally, GitLab released its 8th annual Global DevSecOps Report, highlighting advancements in security, AI, and automation that are enhancing developer experiences and addressing critical areas such as AI risk and software supply chain security.
