chbase(US:BASE)2025-02-26 01:07Financial Highlights - Couchbase's Annual Recurring Revenue (ARR) reached $238 million, demonstrating a 17% year-over-year growth[11] - The company boasts a strong customer base with 947 total customers, including 29% from the Fortune 100[11] - Non-GAAP gross margin stands at 89%[11] - Dollar-based Net Retention Rate (NRR) is at 114%+[11] Business Model and Growth - Subscription revenue shows a 10% year-over-year growth, indicating a predictable model[11] - ARR per customer is $251,000, reflecting a land and expand strategy[11] - The company has 305 customers with ARR greater than $100,000 and 50 customers with ARR exceeding $1 million, showcasing a scalable business model[11] Future Expectations - Couchbase anticipates delivering 20%+ growth with positive Free Cash Flow (FCF) and Non-GAAP Operating Income by fiscal year 2027[92] - The company projects fiscal year 2026 revenue to reach $230 million[91]