GitLab (GTLB) Reports Earnings Tomorrow: What To Expect

DevSecOps platform provider GitLab (NASDAQ:GTLB) will be reporting earnings tomorrow after market hours. Here’s what investors should know.

GitLab beat analysts’ revenue expectations last quarter, reporting revenues of $244.4 million, up 24.6% year on year. It was a satisfactory quarter for the company, with an impressive beat of analysts’ EBITDA estimates but a significant miss of analysts’ billings estimates.

This quarter, the market is expecting GitLab’s revenue to grow 19.1% year on year, slowing from the 29.1% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. GitLab has a history of exceeding Wall Street’s expectations.

Looking at GitLab’s peers in the software development segment, some have already reported their Q4 results, giving us a hint as to what we can expect. JFrog delivered year-on-year revenue growth of 25.2%, beating analysts’ expectations by 5.2%, and Fastly reported revenues up 22.8%, topping estimates by 6.9%. JFrog traded down 3% following the results while Fastly was up 72.3%.

The outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. While some of the software development stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 8.1% on average over the last month. GitLab is down 25.5% during the same time and is heading into earnings with an average analyst price target of $45.96 (compared to the current share price of $26.21).

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares.