Couchbase, Inc. reported a revenue of $209.5 million for the fiscal year ending January 31, 2025, marking a 16% increase from $180.0 million in the previous fiscal year. The company's subscription revenue, which constitutes the majority of its income, rose to $200.4 million, up from $171.6 million in fiscal 2024. Despite this growth, Couchbase continued to experience net losses, reporting a loss of $74.7 million for fiscal 2025, slightly improved from a loss of $80.2 million in fiscal 2024. The accumulated deficit as of January 31, 2025, stood at $565.3 million.
The company saw a significant increase in its customer base, growing from 749 customers in fiscal 2024 to 947 customers by the end of fiscal 2025. This growth was primarily driven by existing customers expanding their use of Couchbase's products, which accounted for approximately 95% of the revenue increase. The annual recurring revenue (ARR) also grew by 17% year-over-year, reaching $237.9 million. Couchbase's strategic focus on its fully-managed database-as-a-service (DBaaS) offering, Couchbase Capella, has contributed to this growth, with 310 customers utilizing the service as of January 31, 2025.
Operationally, Couchbase has continued to invest in its research and development, with expenses increasing by 10% to $70.6 million in fiscal 2025. Sales and marketing expenses also rose by 9% to $141.9 million, reflecting the company's efforts to expand its market presence and customer engagement. The total headcount increased to 792 employees, with a significant portion dedicated to sales and marketing roles. The company has also made strides in geographic expansion, with operations in multiple countries, including the United States, Israel, India, and the United Kingdom.
Looking ahead, Couchbase anticipates continued investment in its platform and services to capture growth opportunities in the evolving data management market, particularly as enterprises increasingly adopt AI-driven applications. The company acknowledges the potential impact of macroeconomic conditions on its business, including longer sales cycles and increased budget scrutiny from customers. Despite these challenges, Couchbase remains committed to enhancing its product offerings and expanding its customer base, aiming to achieve sustained revenue growth and improved profitability in the future.
About Couchbase, Inc.
About 10-K Filings
A 10-K form is a comprehensive annual report that public companies in the United States must file with the SEC, providing a detailed overview of the company's financial condition, performance, and business strategies.
Key points about the 10-K:
- Frequency: Filed annually, typically within 60 to 90 days after the end of the company's fiscal year.
-
Content: It includes:
- Detailed financial statements audited by an independent accounting firm
- Management's Discussion and Analysis (MD&A) of financial condition and results
- Description of the company's business, properties, and legal proceedings
- Risk factors and market risks
- Executive compensation and corporate governance information
- Importance: Considered the most comprehensive and important document a public company files with the SEC.
- Length: Often exceeds 100 pages due to its extensive and detailed nature.
Our Methodology
AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.
Our method:
- Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
- AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
- Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
- Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
- Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Feedback & Corrections
Spot an error or have a suggestion? Contact us.