Couchbase, Inc. ( (BASE) ) reported its third quarter results. Here’s a look at the information Couchbase, Inc. presented to its investors.
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Couchbase, Inc., a company specializing in development data platforms for critical AI applications, operates in the AI industry, providing scalable and flexible solutions to businesses across various platforms. In its latest financial report for the third quarter of fiscal 2025, Couchbase reported revenue of $51.6 million, reflecting a 13% year-over-year increase in subscription revenue being in the majority at $49.3 million. The company also announced a major milestone in its Capella product line, which now represents 15.1% of its annual recurring revenue (ARR). Key financial highlights include a gross margin of 87.3% and a non-GAAP operating loss of $3.5 million, which represents an improvement over the prior year’s figure. Couchbase also made notable progress with the introduction of Capella AI services and major platform updates, demonstrating its continued innovation in the AI space. Looking ahead, Couchbase management remains optimistic about achieving its fiscal 2025 goals, with total revenue expected to be between $207.2 million and $208.0 million, and a ARR expected between $236.5 million and $239.5 million.