$GTLB Surges 25% Premarket Following Triple Beat and Strong AI Monetization

GitLab ($GTLB) shares jumped 25% premarket after reporting a strong triple beat, driven by a 22% year-over-year increase in revenue and guidance that came in better than feared.
The standout development was artificial intelligence monetization, with Flex ARR growing at a triple-digit rate year-over-year as the company shifts toward consumption-based AI revenue streams.
Management's forward guidance assumes no material contribution from Flex, leaving potential upside if adoption continues to accelerate.