Couchbase, Inc. (BASE) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 100%. A quarter ago, it was expected that this company would post a loss of $0.08 per share when it actually produced a loss of $0.05, delivering a surprise of 37.50%.Over the last four quarters, the company has surpassed c ...

Financial Performance - Total revenue for Q4 FY2025 was $54.9 million, a 10% increase year-over-year[5] - Total revenue for FY2025 was $209.5 million, a 16% increase year-over-year[8] - Total revenue for the three months ended January 31, 2025, was $54,922 thousand, an increase of 9% compared to $50,089 thousand for the same period in 2024[27] - Subscription revenue for the year ended January 31, 2025, reached $200,410 thousand, up 17% from $171,554 thousand in 2024[27] - Total revenue for the three months ended January 31, 2025, was $54.9 million, an increase of 9.4% compared to $50.1 million for the same period in 2024[33] Profitability Metrics - Gross margin for Q4 FY2025 was 88.6%, down from 89.7% in Q4 FY2024[5] - Non-GAAP gross profit for the year ended January 31, 2025, was $186.3 million, up from $159.3 million in 2024, reflecting a growth of 16.9%[33] - The gross margin for the three months ended January 31, 2025, was 88.6%, slightly down from 89.7% in the same period of 2024[33] - Non-GAAP operating margin for the three months ended January 31, 2025, was -0.3%, an improvement from -8% in the same period of 2024[34] Operating Loss and Cash Flow - Loss from operations for Q4 FY2025 was $15.8 million, improved from $22.6 million in Q4 FY2024[5] - Non-GAAP operating loss for FY2025 was $14.4 million, significantly improved from $31.3 million in FY2024[8] - The net loss for the three months ended January 31, 2025, was $15,611 thousand, a decrease from a net loss of $21,402 thousand in the same period of 2024[27] - The company reported a net loss of $15.6 million for the three months ended January 31, 2025, an improvement from a net loss of $21.4 million in the same period of 2024[34] - Free cash flow for Q4 FY2025 was $4.0 million, compared to negative free cash flow of $7.7 million in Q4 FY2024[5] - Free cash flow for the three months ended January 31, 2025, was $4.0 million, compared to a negative free cash flow of $7.7 million in the same period of 2024[34] Future Projections - For Q1 FY2026, Couchbase expects total revenue between $55.1 million and $55.9 million[9] - Couchbase aims for total ARR of $242.9 million to $245.9 million in Q1 FY2026[9] Assets and Liabilities - Cash and cash equivalents as of January 31, 2025, were $30,536 thousand, down from $41,351 thousand as of January 31, 2024[29] - Total assets increased to $260,598 thousand as of January 31, 2025, compared to $247,752 thousand as of January 31, 2024[29] - Deferred revenue increased to $94,252 thousand as of January 31, 2025, from $81,736 thousand as of January 31, 2024, indicating strong future revenue potential[29] Research and Development - Operating expenses for the year ended January 31, 2025, totaled $263,162 thousand, an increase from $242,492 thousand in 2024, primarily driven by higher research and development costs[27] - GAAP research and development expenses for the year ended January 31, 2025, were $70.6 million, an increase from $64.1 million in 2024[33] Stock and Shares - Stock-based compensation expense for the year ended January 31, 2025, was $61,297 thousand, compared to $45,774 thousand in 2024, reflecting increased equity incentives[31] - The weighted average shares outstanding for the three months ended January 31, 2025, were 52.8 million, compared to 48.5 million in the same period of 2024[34] New Initiatives - Couchbase launched the private preview of Capella AI Services to enhance application development and reduce operational costs[8]

Core Insights - Couchbase, Inc. reported strong financial results for the fourth quarter and fiscal year 2025, achieving the highest quarterly free cash flow and net new ARR in company history [2][6][7] - The company experienced significant growth in total revenue and subscription revenue, with a year-over-year increase of 10% and 17% respectively for the fourth quarter [6][26] - Annual recurring revenue (ARR) reached $237.9 million, marking a 17% increase year-over-year, with a constant currency basis ARR of $239.8 million [6][26] Financial Highlights - **Fourth Quarter Fiscal 2025**: - Total revenue was $54.9 million, a 10% increase year-over-year - Subscription revenue was $52.8 million, also a 10% increase year-over-year - Gross margin was 88.6%, down from 89.7% in Q4 fiscal 2024 - Loss from operations was $15.8 million, improved from $22.6 million in Q4 fiscal 2024 - Free cash flow was $4.0 million, compared to negative free cash flow of $7.7 million in Q4 fiscal 2024 [6][26] - **Full Year Fiscal 2025**: - Total revenue was $209.5 million, a 16% increase year-over-year - Subscription revenue was $200.4 million, a 17% increase year-over-year - Gross margin was 88.1%, up from 87.7% in fiscal 2024 - Loss from operations was $78.7 million, improved from $84.5 million in fiscal 2024 - Negative free cash flow was $18.8 million, an improvement from negative $31.6 million in fiscal 2024 [6][26] Business Developments - Couchbase launched the private preview of Capella AI Services, aimed at simplifying the development of secure agentic applications [6][12] - The company announced integration with NVIDIA AI, enhancing the development of AI applications through Capella AI Model Services [6][12] - Capella Analytics Services were made available on Google Cloud, allowing enterprises to analyze operational JSON data at scale [12] Financial Outlook - For Q1 FY2026, Couchbase expects total revenue between $55.1 million and $55.9 million, and total ARR between $242.9 million and $245.9 million [7] - For the full year FY2026, total revenue is projected to be between $228.0 million and $232.0 million, with total ARR expected to be between $273.6 million and $278.6 million [7]

Core Insights - Couchbase, Inc. has announced the integration of NVIDIA NIM microservices into its Capella AI Model Services, enhancing the deployment of AI-powered applications for enterprises [1][2][3] Group 1: Capella AI Model Services - Capella AI Model Services provide managed endpoints for large language models (LLMs) and embedding models, enabling enterprises to meet privacy, performance, scalability, and latency requirements [2][4] - The services minimize latency by colocating AI models with data, combining GPU-accelerated performance with enterprise-grade security [2][5] - Capella AI Model Services streamline agent application development and operations, addressing challenges such as agent reliability and compliance [4][5] Group 2: Collaboration with NVIDIA - The integration of NVIDIA NIM microservices allows customers to run preferred AI models securely while improving performance for AI workloads [3][6] - NVIDIA's rigorously tested NIM microservices are optimized for reliability and tailored to specific business needs, enhancing the overall deployment process [5][6] - Access to NVIDIA NIM microservices accelerates AI deployment, delivering low-latency performance and security for real-time applications [6] Group 3: Market Position and Strategy - Couchbase aims to lead in the AI space by providing a unified data platform that supports the full application lifecycle, from development to optimization [3][8] - The Capella platform is designed to meet the rising demands for versatility, performance, and affordability in AI applications [8][9] - By integrating various workloads into a seamless solution, Couchbase empowers organizations to innovate and accelerate AI transformation [9]

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SANTA CLARA, Calif., Feb. 4, 2025 /PRNewswire/ -- Couchbase, Inc. (NASDAQ: BASE), the developer data platform for critical applications in our AI world, today announced that it will report financial results for its fourth quarter and full fiscal year ended January 31, 2025 on Tuesday, February 25, 2025 after market close.Couchbase will host a conference call and webcast at 1:30 p.m. Pacific Time (or 4:30 p.m. Eastern Time) on the same day to discuss its financial results. The conference call can be accessed ...

Group 1 - Couchbase, Inc. will present at the 27th Annual Needham Growth Conference on January 14, 2025, at 12:00 p.m. PT / 3:00 p.m. ET [1] - The company’s Chief Financial Officer, Greg Henry, will lead the presentation, and management will also engage in investor meetings [1] - A live webcast and replay of the presentation will be available on Couchbase's investor relations website [1] Group 2 - Couchbase is positioned to lead in the AI-driven market with its Capella platform, which integrates transactional, analytical, mobile, and AI workloads [2] - The platform offers a fully-managed solution that enhances performance, scalability, and cost-efficiency for developers and enterprises [2] - Over 30% of the Fortune 100 companies trust Couchbase to drive innovation and accelerate AI transformation [2]

Group 1 - The Q3 earnings season has been favorable for tech stocks, particularly for rebound plays that had previously fallen out of favor [1] - Strong results were reported by several technology companies, indicating a positive trend in the sector [1] - The insights provided by Gary Alexander, who has extensive experience in both Wall Street and Silicon Valley, highlight the current themes shaping the technology industry [1]

My previous investment thought on Couchbase, Inc. (NASDAQ: BASE ) (published on 5th Sept) was a hold rating, as I had concerns about its ability to meet the FY25 ARR growth target. Overall, after looking at the 3Q25 results. My viewI focus on long-term investments while incorporating short-term shorts to uncover alpha opportunities. My investment approach revolves around bottom-up analysis, delving into the fundamental strengths and weaknesses of individual companies. My investment duration is the medium to ...

Table of Contents Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, par value $0.00001 per share BASE Nasdaq Global Select Market UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 __________________________________ FORM 10-Q __________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 31, 2024 OR o TRANSITION REPORT PURSUANT TO SE ...