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GitLab reports record Q2 growth, raises FY27 outlook on AI demand

GitLab said Q2 delivered record revenue, bookings, and net ARR growth driven by execution, AI adoption, and Flex launch. It raised FY27 guidance; Flex expected as a key growth driver despite timing effects in reported metrics.

GTLB

Q2 delivered record revenue, bookings, and net ARR growth, driven by strong execution, AI adoption, and the launch of the Flex model.

Guidance for FY27 was raised, with Flex expected to become a key growth driver despite introducing timing effects in reported metrics.Based on GitLab Inc. [GTLB] Q2…