GitLab publishes investor Business Update, reports CRR now >$20M and Q1 FY27 results

GitLab published investor slides showing consumption run rate now above $20 million and reaffirming Q1 FY27 operating and cash-flow metrics.

Key Highlights:

• Filed Business Update slides on July 8, 2026 to be used in investor presentations; slides furnished as Exhibit 99.1.
• Paid Consumption Run Rate (CRR) metric refined to include Flex and exclude certain one-time credits; updated Q1 paid CRR ~ $15M (adjusted) and surpassed $20M as of June 30, 2026.
• Flex consumption-based buying program launched in Q2 FY27 with initial agreements closed and pipeline of additional DAP + Flex opportunities.
• Reported Q1 FY27 results: Revenue $264M, 23% YoY growth, non‑GAAP operating margin 14% and adjusted free cash flow $147M (56% margin).

Original SEC Filing:

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