GitLab Accelerates Growth with 23% Revenue Increase, Embracing Structural Tailwinds in DevSecOps
GitLab, a leading provider of DevSecOps platforms, has reported a strong start to its fiscal year 2027, driven by a 23% increase in revenue to $264 million. The company's first quarter results, announced on June 2, also saw operating profit reach $38 million at a 14% non-GAAP operating margin.
"The opportunity ahead is massive, and speed matters," said Bill Staples, CEO of GitLab. "Our core enterprise DevSecOps business remains strong, with gross bookings growth rate hitting its highest level in four quarters."
One of the key highlights from the quarter was the performance of GitLab Dedicated, which crossed another milestone of $70 million in ARR (Annual Recurring Revenue). The company's Ultimate offering now represents 57% of ARR and is attached to seven of its top 10 deals.
GitLab's strategic bets on unlocking DevSecOps advantages are also paying off. DAP (Developer Application Platform) contributed more net new ARR in its first quarter than Duo Pro and Duo Enterprise combined in any prior quarter, with four out of the company's top 10 deals featuring DAP.
In a bid to consolidate its AI portfolio into a single agentic platform and onto the consumption business model, GitLab intends to transition Duo Pro and Duo Enterprise subscriptions into DAP over the course of FY 2027. This move is expected to further boost the company's growth trajectory.
Platform activity is also surging at GitLab, with code pushes across its paid SaaS customer base up 49% year-over-year. CI pipeline growth accelerated from the mid-20s in late FY 2026 to 38% in April, demonstrating the structural tailwinds that DevSecOps platforms are experiencing.
"The agentic era is creating structural tailwinds for DevSecOps platforms," said Bill Staples. "GitLab is on the critical path to scaling agentic engineering in the enterprise."
As part of its growth initiatives, Gitlab has been accelerating first-order growth, with new logo growth up 30% versus the same period last year. The company's dedicated first order team is ramping ahead of schedule, and product-led growth has produced the highest absolute first order count in 10 quarters.
Looking ahead, GitLab expects to see the benefits from its FY 2026 quota-carrying headcount investments in the second half of the year, further driving revenue growth. With a strong start to fiscal 2027 under its belt, the company is well-positioned to capitalize on the structural tailwinds in DevSecOps."
