Gitlab Inc-A 2025年度报告

GitLab Inc.Annual Stockholder LetterFiscal Year 2026 Dear Fellow Stockholders, Fiscal year 2026 was a significant year for GitLab. We surpassed $1 billion in ARR, grewrevenue 26% to $955 million, and generated $220 million in free cash flow — an increase ofover 80% year over year. We delivered our highest net new ARR year and quarter ever, andnow serve 155 million-dollar plus customers. I share these results not simply as markers offinancial progress, but as evidence of something more fundamental: as companies race todefine the future of software development, our customers signaled their confidence in us withtheir budgets and their trust. GitLab is more mission-critical to them today than it has ever been. As AI-generated code floods into enterprise codebases, the bottleneck in software developmentis shifting decisively away from writing code and toward everything that follows: reviewing it,testing it, securing it, deploying it, and governing it against the complex standards of realbusinesses operating in the real world. That is precisely where GitLab lives, and it is a positionthat becomes harder to replicate with every commit, pipeline, and security scan that flowsthrough our platform. The longer a customer runs on GitLab, the richer the context we hold andthe smarter their software factory becomes. This year we leaned into that reality. We launched the GitLab Duo Agent Platform, repositioningGitLab as an intelligent orchestration platform where software teams and AI agents collaborateat enterprise scale. GitLab Ultimate, the tier that embeds security, compliance, and governancedirectly into the development workflow, grew to 56% of total ARR, a clear signal that customersview these capabilities as non-negotiable. Platform engagement measured in CI pipelines run,deployments executed, releases shipped, and security scans completed continues to grow wellin excess of revenue. As the only pure-play, cloud-agnostic, model-neutral independent public company deliveringDevSecOps, we stand for something our customers value deeply: the freedom to build softwarein the cloud of their choice, with the AI tools and vendors of their choice. We enter fiscal year 2027 with clear eyes about the work ahead. We are growing go-to-marketcapacity, introducing new monetization vectors, and converting early Duo Agent Platform pilotsinto production deployments. The more software the world produces, the more essential GitLabbecomes. Our Board of Directors shares this view. I’m pleased that our Board of Directors has authorizedGitLab'sfirst share repurchase program at$400 million,reflecting confidence in ourfundamentals and the growth plan ahead. None of this is possible without the people and partners who make GitLab what it is. I want tothank our customers for their trust, our investors and shareholders for their conviction, our BoardofDirectors for their counsel,our partners for extending our reach,the broader GitLabcommunity for its contributions, and above all, our team members — for living our values,advancing our mission, and delivering results for customers every day. I am excited about the year ahead. Sincerely, Bill StaplesChief Executive OfficerGitLab Inc. UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549FORM 10-K (Mark One)[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the fiscal year ended January 31, 2026or[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from toCommission File Number: 001-40895GITLAB INC. (Exact name of registrant as specified in its charter) Not Applicable(Former name, former address and former fiscal year, if changed since last report) Securities registered pursuant to Section 12(b) of the Act: Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. YesxNo☐ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes☐Nox Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file suchreports), and (2) has been subject to such filing requirements for the past 90 days.xYes☐No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period thatthe registrant was required to submit such files).xYesoNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,”