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GitLab Tops Q2 Estimates and Lifts Guidance on Robust AI-Driven Bookings

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The Story

News Summary

  • GitLab reported strong Q2 FY27 revenue of $286.3 million, up 21% year-over-year, topping guidance with record gross bookings.
  • Management raised full-year revenue guidance to $1.129–$1.133 billion, driven by rapid customer adoption of its new Flex consumption pricing and expanding AI agent integrations.
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