Couchbase Announces Second Quarter Fiscal 2026 Financial Results

Core Insights - Couchbase, Inc. reported strong financial results for the second quarter of fiscal 2026, with all metrics exceeding expectations [1][2] - The company is in the process of being acquired by Haveli Investments, which has influenced its financial reporting and guidance [4] Financial Highlights - Total revenue for the quarter was $57.6 million, representing a 12% year-over-year increase [6] - Subscription revenue was $55.4 million, also a 12% increase year-over-year [6] - Annual recurring revenue (ARR) reached $260.5 million, a 22% increase year-over-year [6] - Gross margin for the quarter was 87.2%, slightly down from 87.5% in the same quarter last year [6] - Loss from operations was $25.4 million, compared to $21.0 million in the prior year [6] - Cash flow used in operating activities was $3.5 million, an improvement from $4.9 million in the same quarter last year [6] Business Developments - Couchbase introduced Enterprise Analytics for self-managed customers, enhancing real-time analytics capabilities [6] - The company expanded partnerships with AWS and Google to promote AI agent adoption [6] - A partnership with K2view was announced to generate synthetic data for AI applications, addressing data privacy and compliance challenges [6] - The Couchbase Connector for Confluent Cloud was launched, simplifying data movement between platforms [6] - Couchbase received multiple industry recognitions, including being listed among "100 Companies That Matter Most in Data" by Database Trends and Applications [6]