Other Events ·
On July 8, 2026, GitLab provided a business update regarding its consumption-based products and the paid Consumption…
GTLBGitlab Inc.
On July 8, 2026, GitLab provided a business update regarding its consumption-based products and the paid Consumption Run Rate (CRR) metric. The company refined its CRR calculation to include its new Flex buying program and exclude one-time credit incentives. Consequently, the Q1 FY27 CRR was adjusted to approximately $15 million, down from the nearly $20 million previously discussed on the June 2, 2026, earnings call. However, the company reported that CRR surpassed $20 million as of June 30, 2026, citing continued positive traction in paid consumption revenue. GitLab operates in the software industry and provides a complete DevOps platform.