Couchbase Inc
NASDAQ:BASE

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Couchbase Inc
NASDAQ:BASE
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Price: 23.87 USD 2.31%
Market Cap: 1.3B USD

Couchbase Inc
Investor Relations

Couchbase, Inc. engages in the development of document database management solutions. The company is headquartered in Santa Clara, California and currently employs 646 full-time employees. The company went IPO on 2021-06-02. The firm is a database platform that offers integrated data access to enable enterprise architects and application developers to address the requirements of enterprise applications and cloud infrastructure. The company allows enterprises to build, manage and operate mission-critical applications. Its cloud-native platform provides a database that serves the enterprise architects and application developers. Its database works in multiple configurations, from cloud to multi- or hybrid-cloud to on-premise environments. Its products include Couchbase Capella, Couchbase Server and Couchbase Mobile. Couchbase Cloud is an automated and secure database-as-a-service that simplifies database management. Couchbase Server is a multi-service NoSQL database that provides a SQL-compatible query language and SQL++, which allows a range of data manipulation functions. Couchbase Mobile is an embedded NoSQL database for mobile and edge devices.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
Jun 3, 2025
AI Summary
Q1 2026

Strong Start: Couchbase delivered a strong Q1, with ARR, revenue, and operating loss all exceeding the high end of guidance.

ARR Acceleration: Total ARR reached $252.1 million, up 21% year-over-year, driven by significant growth in large strategic accounts and Capella adoption.

Capella Momentum: Capella ARR grew 84% year-over-year and now makes up 17.4% of total ARR, with robust credit consumption growth from migrations and new applications.

Guidance Raised: Full-year 2026 revenue and ARR guidance were raised, while the operating loss outlook was lowered, reflecting confidence in ongoing momentum.

Strategic Accounts & Innovation: Continued focus on large strategic customers, new application growth, and rapid product innovation—including AI and edge capabilities—are supporting expansion.

Pipeline & Macro: Management noted no material macro impact on Q1 execution, with a healthy and growing pipeline of large opportunities.

Customer Churn: Customer count decline was attributed to churn in low-value starter pack customers, with some converting into high-value accounts.

Key Financials
Total ARR
$252.1M
Net New ARR
$14.2M
Capella ARR
$44M
Revenue
$56.5M
Software Revenue
$54.8M
Professional Service Revenue
$1.7M
Gross Margin
88.7%
Operating Loss
$4.2M
Operating Margin
-7.4%
Net Loss per Share
-$0.06
Customers
937
ARR per Customer
$269,000
Dollar-Based Net Retention Rate
greater than 114%
Cash, Cash Equivalents, and Short-Term Investments
$141.8M
RPO (Remaining Performance Obligations)
$239.6M
Operating Cash Flow
-$6.8M
Free Cash Flow
-$8.6M
Free Cash Flow Margin
-15.3%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Matthew M. Cain
Chair, President & CEO
No Bio Available
Mr. Gregory N. Henry
Senior VP & CFO
No Bio Available
Mr. Huw Owen
Senior VP & Chief Revenue Officer
No Bio Available
Mr. James M. Phillips
Co-Founder and Senior Vice President of Products
No Bio Available
Mr. Dustin Sallings
Co-Founder and Chief Architect
No Bio Available
Mr. Jan Lehnardt
Co-Founder
No Bio Available
Mr. William Carey
Chief Accounting Officer
No Bio Available
Ms. Julie Irish
Senior VP & Chief Information Officer
No Bio Available
Ms. Margaret Chow
Senior VP, Chief Legal Officer & Corporate Secretary
No Bio Available

Contacts

Address
CALIFORNIA
Santa Clara
3250 Olcott Street, Suite 101
Contacts