GitLab Inc. Revenue in 2025

GitLab Inc. reported $735M in revenue for fiscal year 2025. This represents a growth of 26.9% compared to the 2024 figure of $579M.

Processing over 1.5 million active monthly users and orchestrating the complete software development lifecycle for more than 100,000 organizations globally, the enterprise generated $735 million in total consolidated revenue for the fiscal year ended January 31, 2025, fundamentally restructuring how engineering teams build, secure, and deploy code by replacing fragmented, multi-vendor toolchains with a single, unified application architecture. GitLab Inc. is a publicly traded software development platform company that generated $735 million in total consolidated revenue for the fiscal year ended January 31, 2025, operating as the definitive, single-application platform for the complete software development lifecycle. GitLab's financial discipline has resulted in the generation of significant free cash flow and a net revenue retention rate consistently exceeding 115%, demonstrating the extreme stickiness of the platform and its successful transition to a sustainable, high-margin growth trajectory. The foundational pillar of this model is Subscription Revenue, which accounted for $698 million, or 95% of total FY2025 revenue, derived from the recurring licensing of the company's comprehensive DevSecOps platform. In FY2025, GitLab's non-GAAP gross margin reached 84%, a massive improvement from the lower margins of its early self-managed days, driven by the successful migration of the vast majority of its customer base to the cloud-hosted SaaS offering, which eliminates the costs associated with physical media, on-premises support, and complex custom deployments. GitLab Inc. Generated $735 million in FY2025 revenue by operating the definitive, single-application platform for the complete software development lifecycle, executing a strategic pivot that now derives over 95% of its revenue from highly predictable, recurring Software-as-a-Service (SaaS) subscriptions. The company's current operational reality is defined by its successful navigation of the macroeconomic contraction and startup funding crisis, having stabilized its net revenue retention rate at 116% for its largest customers and expanded its non-GAAP gross margin to 84%, demonstrating the extreme operating leverage of its cloud-native software infrastructure. The company's financial discipline under CEO Sid Sijbrandij has resulted in the generation of $85 million in free cash flow in FY2025, positioning GitLab to aggressively invest in the expansion of GitLab Duo and advanced security capabilities, as the company explicitly bets on the irreversible macroeconomic shift of enterprise software development toward AI-assisted, automated, and comprehensively governed workflows that can handle the complexity and scale of the modern digital economy. GitLab Inc. Closed its fiscal year ended January 31, 2025, with total consolidated revenues of $735 million, representing a 27% increase from the $579 million reported in FY2024, driven primarily by a 28% year-over-year increase in subscription revenue to $698 million and the continued expansion of its customer base, which now includes over 1,800 customers generating more than $100,000 in annual recurring revenue, a 35% increase from the prior year. Subscription revenue, which is derived from the recurring licensing of the company's comprehensive DevSecOps platform across its Free, Premium, and Ultimate tiers, grew by 28% to $698 million, reflecting the successful navigation of the macroeconomic headwinds and startup funding contraction that depressed software spending in the broader technology market, as the company's net revenue retention rate remained strong at 116% for its largest customers, indicating that existing enterprises are continuing to expand their seat counts, adopt the Ultimate tier, and increase their consumption of CI/CD compute minutes despite budget constraints. The company's capital allocation strategy in FY2025 was strictly disciplined, prioritizing operating leverage and free cash flow generation above aggressive headcount expansion; GitLab generated $85 million in free cash flow, representing a strong free cash flow margin of 11.5%, providing ample liquidity to fund the company's $250 million in annual research and development expenditures, which were strategically directed toward the development of GitLab Duo AI capabilities, the expansion of its advanced security scanning features, and the enhancement of the company's cloud infrastructure reliability and performance. This focus on profitability improved GitLab's GAAP net loss to -$55 million, a significant reduction from the -$150 million net loss reported in FY2023, and positioned the company to achieve sustained GAAP profitability in the near term as its revenue base scales and its stock-based compensation expense as a percentage of revenue continues to decline. The company's remaining performance obligations (RPO), a critical leading indicator of future financial performance, reached $850 million at the end of FY2025, with current RPO (cRPO) at $550 million, providing unparalleled revenue visibility and ensuring that even if new customer acquisitions temporarily slow due to macroeconomic uncertainty, the company's top-line revenue remains highly resilient and predictable.