GitLab (GTLB) Projected to Post Earnings on Tuesday

Key Points

• GitLab is expected to announce its Q2 2026 earnings on Tuesday, September 2nd, projecting earnings of $0.16 per share and revenue of $227.2 million.
• In the last quarter, GitLab reported earnings of $0.17 per share, exceeding estimates, with a year-over-year revenue increase of 26.8%.
• The company has seen significant insider trading activity, with Director Matthew Jacobson selling 129,400 shares recently, reflecting a 18.99% decrease in his position.

GitLab (NASDAQ:GTLB - Get Free Report) will likely be posting its Q2 2026 results before the market opens on Tuesday, September 2nd. Analysts expect GitLab to post earnings of $0.16 per share and revenue of $227.2010 million for the quarter. GitLab has set its FY 2026 guidance at 0.740-0.750 EPS. Q2 2026 guidance at 0.160-0.17 EPS.Individuals may visit the the company's upcoming Q2 2026 earningresults page for the latest details on the call scheduled for Wednesday, September 3, 2025 at 4:30 PM ET.

GitLab (NASDAQ:GTLB - Get Free Report) last released its quarterly earnings results on Tuesday, June 10th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.02. The business had revenue of $214.51 million for the quarter, compared to the consensus estimate of $213.21 million. GitLab had a net margin of 2.17% and a negative return on equity of 4.07%. The company's quarterly revenue was up 26.8% on a year-over-year basis. During the same period last year, the firm earned $0.03 earnings per share. On average, analysts expect GitLab to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

GitLab Price Performance

Shares of GTLB stock opened at $45.23 on Tuesday. The company has a market capitalization of $7.47 billion, a price-to-earnings ratio of 452.30 and a beta of 0.73. GitLab has a one year low of $37.90 and a one year high of $74.18. The company's fifty day moving average price is $44.04 and its 200-day moving average price is $48.48.

Insider Buying and Selling at GitLab

In other GitLab news, Director Matthew Jacobson sold 129,400 shares of GitLab stock in a transaction on Wednesday, June 25th. The shares were sold at an average price of $42.32, for a total value of $5,476,208.00. Following the sale, the director directly owned 551,997 shares in the company, valued at approximately $23,360,513.04. The trade was a 18.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Karen Blasing sold 3,250 shares of the business's stock in a transaction dated Monday, August 18th. The stock was sold at an average price of $45.00, for a total transaction of $146,250.00. Following the completion of the sale, the director owned 103,889 shares in the company, valued at approximately $4,675,005. This trade represents a 3.03% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 464,950 shares of company stock worth $20,025,356. Insiders own 21.36% of the company's stock.

Institutional Trading of GitLab

A number of large investors have recently made changes to their positions in GTLB. Rakuten Securities Inc. boosted its stake in shares of GitLab by 316.4% during the 2nd quarter. Rakuten Securities Inc. now owns 2,761 shares of the company's stock worth $125,000 after purchasing an additional 2,098 shares during the period. Vident Advisory LLC purchased a new position in shares of GitLab during the 2nd quarter worth about $240,000. QVT Financial LP purchased a new position in shares of GitLab during the 2nd quarter worth about $263,000. Woodline Partners LP purchased a new position in shares of GitLab during the 1st quarter worth about $314,000. Finally, Russell Investments Group Ltd. boosted its stake in shares of GitLab by 31.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 7,112 shares of the company's stock worth $321,000 after purchasing an additional 1,709 shares during the period. 95.04% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

GTLB has been the topic of several recent analyst reports. Cowen restated a "buy" rating on shares of GitLab in a research report on Friday, June 6th. Capital One Financial downgraded shares of GitLab from an "overweight" rating to an "equal weight" rating and set a $46.00 price objective on the stock. in a research report on Wednesday, July 16th. Macquarie restated an "outperform" rating and set a $75.00 price objective on shares of GitLab in a research report on Wednesday, June 25th. Zacks Research upgraded shares of GitLab to a "strong sell" rating in a research report on Monday, August 11th. Finally, Truist Financial restated a "buy" rating and set a $75.00 price objective (down from $80.00) on shares of GitLab in a research report on Wednesday, June 11th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, GitLab presently has a consensus rating of "Moderate Buy" and an average target price of $62.83.

GitLab Company Profile

GitLab Inc, through its subsidiaries, develops software for the software development lifecycle in the United States, Europe, and the Asia Pacific. It offers GitLab, a DevOps platform, which is a single application that leads to faster cycle time and allows visibility throughout and control over various stages of the DevOps lifecycle.

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