Gitlab (GTLB) Reports Q1 Earnings: What Key Metrics Have to Say

For the quarter ended April 2026, GitLab Inc. (GTLB) reported revenue of $264.16 million, up 23.1% over the same period last year. EPS came in at $0.23, compared to $0.17 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $253.9 million, representing a surprise of +4.04%. The company delivered an EPS surprise of +12.58%, with the consensus EPS estimate being $0.20.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Gitlab performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Revenue- License-self-managed and other: $24.85 million versus the seven-analyst average estimate of $21.81 million. The reported number represents a year-over-year change of +24.1%.Revenue- Subscription-self-managed and SaaS: $239.31 million compared to the $231.98 million average estimate based on seven analysts. The reported number represents a change of +23.1% year over year.Revenue- SaaS: $88.22 million versus the two-analyst average estimate of $83.54 million. The reported number represents a year-over-year change of +37.5%.Revenue- License-self-managed: $18.19 million versus the two-analyst average estimate of $14.65 million. The reported number represents a year-over-year change of +21%.Revenue- Subscription-self-managed: $151.08 million versus $149.44 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +16% change.Revenue- Professional services and other: $6.66 million versus the two-analyst average estimate of $5.51 million. The reported number represents a year-over-year change of +33.2%.View all Key Company Metrics for Gitlab here>>>Shares of Gitlab have returned +37.4% over the past month versus the Zacks S&P 500 composite's +5.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks