GitLab Inc. (NASDAQ:GTLB) is one of the high growth low debt stocks to invest in right now. On June 10, GitLab expanded its collaboration with Google Cloud to deliver a fully managed DevSecOps platform using the latest Gemini and Gemma models. The partnership gives enterprise customers a way to run GitLab on Google Cloud with managed service providers, while keeping control over code, pipelines, security data, data residency, and compliance requirements. For GitLab, the announcement strengthens its position as software development moves toward AI-assisted and agentic workflows.
The company’s latest results also support its place on the list. On June 2, GitLab reported first-quarter fiscal 2027 revenue of $264.2 million, up 23% year over year. Non-GAAP operating margin reached 14%, while operating cash flow was $149.2 million and adjusted free cash flow was $146.7 million. The balance sheet was also clean for a growth software company, with $335.4 million in cash and cash equivalents and $1.02 billion in short-term investments against total liabilities of $674.1 million.
GitLab Inc. (NASDAQ:GTLB) provides an intelligent DevSecOps orchestration platform that helps organizations manage software development, security, compliance, CI/CD, and AI-assisted workflows across the software lifecycle.
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