people · May 21, 2026
GitLab CEO Bill Staples Discusses Duo Agent Platform and $400 Million Share Buyback
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GitLab reported Q4 FY26 results with adjusted EPS of $0.30 beating estimates of $0.23 and revenue of $260.4 million exceeding $252.21 million on 23% year-over-year growth. The GitLab Duo Agent Platform launched with general availability in mid-January 2026 and carries hybrid pricing. GitLab's board authorized a $400 million share repurchase program. Dollar-based net retention reached 118% with gross retention above 90%. CEO Bill Staples noted AI shifts developer bottlenecks to post-code tasks such as reviews, security, and pipelines. GitLab scheduled Q1 FY27 earnings for June 2, 2026.
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