Strong Year-over-Year Revenue Growth
Fourth quarter revenue increased by 29% year over year to $211 million, exceeding expectations. Fiscal year revenue grew 31% to $759.2 million.
Record Non-GAAP Operating Margin
Non-GAAP operating margin reached a record 18% in Q4, which is an increase of 960 basis points year over year.
Significant Customer Wins and Expansions
Secured notable deals with Anthropic, AWS Professional Services, and Delta Airlines, among others. Ultimate has reached 50% of total ARR.
GitLab Duo and AI Strategy
Continued traction with GitLab Duo, particularly Duo Enterprise, with key wins including Barclays and Capgemini. Customers are actively evaluating AI tools.
Growth in GitLab Dedicated
GitLab Dedicated grew approximately 90% year over year in Q4, with notable adoption by large enterprise customers like Delta Airlines and NatWest.