Story perspectives
GitLab Stock Drops Despite Strong Earnings and Growth
12/3/2025
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Story summary
- GitLab Inc. (NASDAQ:GTLB) stock fell 7.86% to $39.96 after reporting third-quarter earnings that exceeded expectations.
- Revenue reached $244.35 million, surpassing estimates, and fiscal 2026 adjusted EPS guidance rose to 95–96 cents.
- Jessica Ross was appointed chief financial officer, effective January 15, 2026, to support growth.
- GitLab strengthened its DevSecOps position with 25% year-over-year revenue growth and improved operating margins.
