GitLab (GTLB) reported fiscal second-quarter 2027 revenue of $286.3 million, up 21% from $236.0 million a year earlier. GAAP net loss attributable to GitLab was $36.8 million, or $0.22 per basic and diluted share, for the quarter ended July 31, 2026.
GAAP operating loss was $56.9 million, while operating cash flow was negative $3.1 million. The company issued third-quarter revenue guidance of $281 million to $283 million and fiscal-year guidance of $1.129 billion to $1.133 billion.
- GAAP operating margin was negative 20%, compared with negative 8% a year earlier.
- Dollar-based net retention rate was 117%.
- Customers with more than $100,000 of ARR increased 17% year over year to 1,571.
- Total remaining performance obligations rose 16% year over year to $1.2 billion; current RPO increased 20% to $744.7 million.
- GitLab repurchased approximately 3.5 million shares during the quarter.
$GTLB Insider Trading Activity
$GTLB insiders have traded $GTLB stock on the open market 27 times in the past 6 months. Of those trades, 3 have been purchases and 24 have been sales.
Here’s a breakdown of recent trading of $GTLB stock by insiders over the last 6 months:
- MATTHEW JACOBSON has made 0 purchases and 16 sales selling 1,159,908 shares for an estimated $26,350,369.
- SYTSE SIJBRANDIJ has made 0 purchases and 5 sales selling 348,600 shares for an estimated $8,606,161.
- SUSAN L BOSTROM has made 0 purchases and 2 sales selling 32,500 shares for an estimated $661,700.
- SIMON MUNDY (Chief Accounting Officer) sold 8,725 shares for an estimated $331,550
- WILLIAM STAPLES (Chief Executive Officer) has made 3 purchases buying 10,198 shares for an estimated $251,302 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$GTLB Hedge Fund Activity
We have seen 235 institutional investors add shares of $GTLB stock to their portfolio, and 276 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- EMINENCE CAPITAL, LP removed 7,702,226 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $166,676,170
- SLATE PATH CAPITAL LP removed 5,973,800 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $129,273,032
- D. E. SHAW & CO., INC. added 4,109,672 shares (+5108.3%) to their portfolio in Q2 2026, for an estimated $125,468,286
- CHAMPLAIN INVESTMENT PARTNERS, LLC removed 3,406,436 shares (-89.4%) from their portfolio in Q2 2026, for an estimated $103,998,491
- ATREIDES MANAGEMENT, LP added 3,373,169 shares (+inf%) to their portfolio in Q2 2026, for an estimated $102,982,849
- MARSHALL WACE, LLP removed 3,054,888 shares (-79.8%) from their portfolio in Q2 2026, for an estimated $93,265,730
- MENORA MIVTACHIM HOLDINGS LTD. added 2,975,033 shares (+inf%) to their portfolio in Q2 2026, for an estimated $90,827,757
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
