GitLab Accelerates Customer Success with Record-Breaking Q4 Results
GitLab, a leading platform for software development, DevSecOps, and collaboration, has announced its fourth-quarter fiscal year 2025 financial results, showcasing a strong finish to the year. The company reported revenue of $211 million, representing a 29% increase year-over-year, exceeding expectations.
In a recent conference call, Bill Staples, CEO of GitLab, highlighted the significance of Q4's performance, stating that it was "a strong finish in FY '25 and continuing the momentum GitLab has built throughout the year." He attributed this success to the company's comprehensive platform approach, which drives productivity and efficiency improvements with clear return on investment (ROI).
"The key themes emerged from those conversations," Staples explained. "First, GitLab's comprehensive platform approach drives enormous productivity and efficiency improvements with very clear ROI. Second, the momentum around DevSecOps and specifically, the need for security responsibilities to shift left." He emphasized that every engineer needs to understand and be part of delivering secure software, and that artificial intelligence (AI) will only accelerate this trend.
Staples also noted that nearly every customer he spoke with believes that generative AI will have a significant impact on the software development process. "With the power of generative AI for co-creation," he said, "we're almost certainly going to see a significant increase in both software creators and code in the coming years." He predicted that organizations won't just have more developers but also more production-ready code generated by AI and more applications built and deployed by agents.
The company's non-GAAP operating margin reached 18%, an increase of 960 basis points year-over-year. This demonstrates GitLab's commitment to responsible growth, according to Staples.
During the conference call, Brian Robbins, CFO of GitLab, provided a deeper dive into the quarter and offered guidance for Q1 and fiscal year FY '26. The company's results demonstrate its ability to drive customer success and revenue growth, solidifying its position as a leader in the software development and collaboration market.
GitLab's recent appointment of Ian Steward as Chief Revenue Officer (CRO) further underscores the company's commitment to driving revenue growth and expanding its customer base. Steward brings a wealth of experience in helping developers and IT organizations realize value, and his leadership will help drive GitLab through its next growth stage.
The strong finish to FY '25 sets the stage for an exciting year ahead for GitLab. With its comprehensive platform approach, commitment to responsible growth, and focus on driving customer success, the company is well-positioned to continue delivering value to its customers and investors alike."
