GitLab's Trading Volume Surges 94% to $493 Million, Ranking 198th in Market Activity

On June 10, 2025, GitLab's trading volume reached $493 million, marking a 94.34% increase from the previous day and ranking 198th in the day's stock market activity. However, the stock price of GitLab (GTLB) fell by 0.27%, marking the second consecutive day of decline, with a total decrease of 0.53% over the past two days.

GitLab reported its financial results for the first quarter of fiscal year 2026, highlighting a total revenue of $214.5 million, representing a 27% year-over-year increase. The company also noted improvements in operating margins and free cash flow, with a GAAP operating margin of (16%) and a non-GAAP operating margin.

During the earnings call, GitLab Inc. surpassed earnings expectations with an EPS of $0.17, compared to the forecasted $0.15. The company also launched GitLab 18, featuring new AI and DevOps capabilities, further enhancing its product offerings.

GitLab's revenue for the first quarter of fiscal year 2026 was $214.5 million, exceeding Wall Street's expectations. The company's non-GAAP profit of $0.17 per share was 11.8% above analysts' consensus estimates. GitLab also reconfirmed its revenue guidance for the full year, with a midpoint of $939 million, and raised its full-year Adjusted EPS guidance to $0.75 at the midpoint, a 6.4% increase.

GitLab's operating margin improved to -16.1%, up from -31.7% in the same quarter last year. The free cash flow margin increased to 49.1%, up from 29.4% in the previous quarter. The net revenue retention rate was 122%, down from 123% in the previous quarter.