AISaaStrabout 2 hours ago
GitLab Q2 Revenue Up 21% on Flex, AI Costs
12 min read
GitLab reported Q2 FY27 revenue of $286.3 million, up 21%, with calculated billings up 24% and its largest gross bookings quarter. Flex, its new consumption-based commitment, drew over 130 customers and $20 million in six weeks. Subscription cost of revenue jumped 76% as AI inference costs cut gross margin to 86% from 90%.
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