04:32 PM EDT, 06/10/2025 (MT Newswires) -- Gitlab ( GTLB ) reported fiscal Q1 non-GAAP earnings Tuesday of $0.17 per diluted share, up from $0.03 a year earlier.

Analysts polled by FactSet expected $0.15

Revenue for the quarter ended April 30 was $214.5 million, up from $169.2 million a year earlier.

Analysts surveyed by FactSet expected $213 million.

The company expects Q2 non-GAAP EPS between $0.16 and $0.17 and revenue between $226 million and $227 million.

Analysts polled by FactSet expect $0.16 and $226.6 million.

The company expects fiscal 2026 non-GAAP EPS between $0.74 and $0.75 and revenue between $936 million and $942 million.

The previous guidance was non-GAAP EPS between $0.68 and $0.72 and revenue between $936 million and $942 million.

Analysts polled by FactSet expect $0.72 and $939.7 million.

The company's shares were falling past 12% in recent after-hours activity.