GitLab's Mixed Q3 Results: Strong Sales, Stock Drop
Update: 2025-12-03
Description
GitLabs Q3 2025 financial results showcased a 24.6% year-over-year sales increase to $244.4 million, surpassing analyst predictions. Despite this, their stock dropped post-announcement. GitLab forecasts $251.5 million in Q4 revenue, aligning with analyst estimates, and reported a 24% higher non-GAAP profit per share at $0.25. The companys all-remote workforce and single-platform approach for development, security, and operations have driven growth, with a 47% CAGR over the past five years. However, the stocks 10% drop to $39.33 indicates investor expectations for more significant positive news.
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