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BASE stock ticker logo

Couchbase, Inc.

NASDAQ•BASE
CEO: Mr. Matthew M. Cain
Sector: Technology
Industry: Software - Infrastructure
Listing Date: 2021-07-22
Couchbase, Inc. provides cloud database platform for enterprise applications in the United States and internationally. Its database works in multiple configurations, ranging from cloud to multi- or hybrid-cloud to on-premise environments to the edge. The company offers Couchbase Capella, an automated and secure Database-as-a-Service that simplifies database management by deploying, managing, and operating Couchbase Server across cloud environments; and Couchbase Server, a multi-service NoSQL database, which provides SQL-compatible query language and SQL++ that allows for a various array of data manipulation functions. It also provides Couchbase Mobile, an embedded NoSQL database for mobile and edge devices that enables an always-on experience with high data availability, even without internet connectivity, as well as synchronization gateway that allows for secure data sync between mobile devices and the backend data store. The company sells its platform through direct sales force and an ecosystem of partners. It serves governments and organizations, as well as enterprises in various industries, including retail and e-commerce, travel and hospitality, financial services and insurance, software and technology, gaming, media and entertainment, and industrials. The company was formerly known as Membase, Inc. and changed its name to Couchbase, Inc. in February 2011. Couchbase, Inc. was incorporated in 2008 and is headquartered in Santa Clara, California.
Contact Information
3250 Olcott Street, Santa Clara, CA, 95054, United States
650-417-7500
www.couchbase.com
Market Cap
$1.35B
P/E (TTM)
-17.8
44.5
Dividend Yield
--
52W High
$25.16
52W Low
$12.78
52W Range
95%
Rank53Top 76.1%
2.8
F-Score
Modified Piotroski Analysis
Based on 6-year fundamentals
Weak • 2.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2020-2025

Financial Dashboard

Q2 2026 Data

Revenue

$57.57M+11.59%
4-Quarter Trend

EPS

-$0.43+10.26%
4-Quarter Trend

FCF

-$7.32M+23.68%
4-Quarter Trend

2026 Q2 Earnings Highlights

Key Highlights

Subscription Revenue Growth Six months total revenue reached $114.1M, growing 11% from $102.9M reported previously, driven by subscription strength.
Annual Recurring Revenue Strong ARR reached $260.5M as of July 31, 2025, reflecting robust period-over-period growth of 22% year-over-year.
Non-GAAP Loss Narrows Non-GAAP operating loss significantly improved to $(6.8M) for six months, down from $(10.8M) last year period.
Customer Base Expansion Total customer count increased to 952 customers as of July 31, 2025, up from 869 customers last year.

Risk Factors

Pending Merger Uncertainty Merger pendency creates business uncertainty and exposes the company to costly litigation risks regarding proxy statement disclosures.
History of Net Losses Incurred net losses of $41.5M for six months; continued investment may prevent near-term profitability achievement.
Macroeconomic Spending Pressure Macro conditions cause longer deal cycles, increased budget scrutiny, and slower expansion rates for customers globally.
Competition and Innovation Intense competition requires continuous investment in R&D to maintain platform relevance against established and new rivals.

Outlook

Continued Growth Investment Expects continued investment in offerings, personnel, and infrastructure to drive future growth and pursue adjacent opportunities.
Capella DBaaS Adoption Will continue offering Couchbase Capella DBaaS, leveraging its compelling pricing model for new customer acquisition.
Merger Closing Timeline Merger is expected to close by the end of calendar year 2025, upon which the company will be delisted.
Sufficient Liquidity Position Cash and short-term investments total $142.2M, deemed sufficient for projected operating requirements for next 12 months.

Peer Comparison

Revenue (TTM)

BASE stock ticker logoBASE
$220.64M
+11.0%

Gross Margin (Latest Quarter)

BASE stock ticker logoBASE
87.2%
-0.2pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
BASE$1.35B-17.8-59.6%3.3%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
3.7%
Moderate Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
25%
Cash Flow Needs Attention

Deep Research

Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement
LTM
No Data