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GitLab Q2 Revenue Jumps 21% as Enterprise AI Adoption Surges

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The Story

News Summary

  • GitLab reported strong Q2 revenue of $286.3 million, up 21% year-over-year, beating guidance.
  • Net ARR growth accelerated 42%, large enterprise deals surged, and the company raised its full-year outlook to $1.129–$1.133 billion driven by robust AI Duo and Flex platform adoption.
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