GitLab Announces Q1 FY 2024 Financial Growth

Jun 5th, 2023Milestone
  • Reported a 45% year-over-year revenue increase to $126.9 million.

  • Significant improvement in non-GAAP operating margin by approximately 1,700 basis points.

  • GitLab's AI-powered DevSecOps platform emphasized as a key factor in the company's success.

  • Company's strong focus on AI capabilities to enhance the entire software development lifecycle.

  • Poised to capitalize on an estimated $40 billion total addressable market.