GitLab (GTLB) Expected to Announce Quarterly Earnings on Tuesday

GitLab (NASDAQ:GTLB) is projected to issue its Q3 2026 results after the market closes on Tuesday, December 2nd. Analysts expect the company to announce earnings of $0.20 per share and revenue of $239.3140 million for the quarter. GitLab has set its FY 2026 guidance at 0.820-0.830 EPS. Q3 2026 guidance at 0.190-0.200 EPS.Individuals are encouraged to explore the company’s upcoming Q3 2026 earningoverview page for the latest details on the call scheduled for Tuesday, December 2, 2025 at 4:30 PM ET.

GitLab (NASDAQ:GTLB) last posted its earnings results on Wednesday, September 3rd. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.19). GitLab had a negative net margin of 0.55% and a negative return on equity of 2.71%. The company had revenue of $236.00 million for the quarter, compared to the consensus estimate of $227.20 million. During the same quarter in the prior year, the company posted $0.15 EPS. GitLab’s revenue was up 29.2% on a year-over-year basis. On average, analysts expect GitLab to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

GitLab Stock Down 0.1%

Shares of GTLB stock opened at $41.45 on Tuesday. The company has a 50 day moving average price of $46.57 and a 200-day moving average price of $46.03. GitLab has a 52 week low of $37.90 and a 52 week high of $74.18. The firm has a market capitalization of $6.91 billion, a PE ratio of -1,036.25 and a beta of 0.74.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Barclays dropped their target price on shares of GitLab from $47.00 to $44.00 and set an “equal weight” rating on the stock in a report on Friday, September 5th. BTIG Research dropped their price target on GitLab from $67.00 to $57.00 and set a “buy” rating on the stock in a research note on Thursday, September 4th. UBS Group cut their price objective on GitLab from $73.00 to $60.00 and set a “buy” rating for the company in a report on Thursday, September 4th. FBN Securities raised GitLab to a “strong-buy” rating in a report on Thursday, September 4th. Finally, KeyCorp cut their price target on GitLab from $60.00 to $53.00 and set an “overweight” rating for the company in a research note on Thursday, September 4th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $57.87.

Insider Buying and Selling

In related news, Director Sytse Sijbrandij sold 108,600 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $43.17, for a total transaction of $4,688,262.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Simon Mundy sold 5,191 shares of the firm’s stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $43.99, for a total transaction of $228,352.09. Following the sale, the chief accounting officer owned 53,507 shares in the company, valued at approximately $2,353,772.93. The trade was a 8.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 1,329,712 shares of company stock worth $64,154,795. Company insiders own 21.36% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Atreides Management LP increased its stake in GitLab by 867.3% in the 2nd quarter. Atreides Management LP now owns 3,938,198 shares of the company’s stock worth $177,652,000 after buying an additional 3,531,070 shares in the last quarter. Manchester Global Management UK Ltd purchased a new position in shares of GitLab in the second quarter valued at about $26,254,000. Bank of America Corp DE boosted its stake in shares of GitLab by 55.0% in the second quarter. Bank of America Corp DE now owns 1,598,382 shares of the company’s stock worth $72,103,000 after acquiring an additional 567,464 shares during the period. Value Aligned Research Advisors LLC bought a new position in shares of GitLab in the third quarter worth about $22,178,000. Finally, Two Sigma Investments LP grew its position in shares of GitLab by 189.1% during the third quarter. Two Sigma Investments LP now owns 715,703 shares of the company’s stock worth $32,264,000 after purchasing an additional 468,171 shares in the last quarter. Hedge funds and other institutional investors own 95.04% of the company’s stock.

About GitLab

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.