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 April 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECT ...

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-K ____________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 31, 2023 OR o TRANSITION REPORT PURSU ...

Couchbase, Inc. (NASDAQ:BASE) Q4 2023 Earnings Conference Call March 7, 2023 5:00 PM ET Company Participants Edward Parker - ICR Capital Matthew Cain - Chairman, President & CEO Gregory Henry - SVP & CFO Conference Call Participants Raimo Lenschow - Barclays Bank Matthew Hedberg - RBC Capital Markets Kasthuri Rangan - Goldman Sachs Group Robert Oliver - Robert W. Baird & Co. Rudy Kessinger - D.A. Davidson & Co. Howard Ma - Guggenheim Securities Robert Galvin - Stifel, Nicolaus & Company Operator Greetings. ...

Financial Performance - For the nine months ended October 31, 2022, revenue was $113.2 million, representing a 28% increase from $88.5 million in the same period of 2021[128]. - Annual recurring revenue (ARR) as of October 31, 2022, was $151.7 million, up 24% from $122.3 million in 2021[128]. - The company reported a net loss of $51.9 million for the nine months ended October 31, 2022, compared to a net loss of $45.0 million in the same period of 2021, as it continues to invest in growth[128]. - Total revenue for the three months ended October 31, 2022, was $38,557 thousand, a 25.5% increase from $30,824 thousand in the same period of 2021[144]. - The net loss for the three months ended October 31, 2022, was $16.7 million, compared to a net loss of $15.9 million in the same period of 2021[166]. - For the nine months ended October 31, 2022, the company reported a net loss of $51.9 million, compared to a net loss of $29.1 million for the same period in 2021, reflecting an increase in losses of 78.5%[186]. Revenue Composition - Subscription sales accounted for 93% of total revenue for the nine months ended October 31, 2022, with the majority derived from the Enterprise Edition of the Couchbase platform[129]. - Revenue from services represented 7% of total revenue for the nine months ended October 31, 2022, highlighting the importance of professional services in customer success[129]. - Subscription revenue increased by $6.7 million, or 23%, during the three months ended October 31, 2022, driven by growth from existing customers and an increase in the customer base from 568 to 658[170]. - Services revenue rose by $1.0 million, or 56%, during the three months ended October 31, 2022, primarily due to an increase in professional services hours performed[171]. Customer Growth - The total number of customers increased to 658 as of October 2022, up from 568 in October 2021, representing a growth of approximately 15.8%[140]. - The dollar-based net retention rate has been over 115% in seven of the past eight quarters, indicating strong expansion within existing customers[134]. Expenses and Losses - Total operating expenses for the three months ended October 31, 2022, were $50.3 million, compared to $42.6 million in the same period of 2021, reflecting an 18% increase[166]. - General and administrative expenses increased to $8.8 million for the three months ended October 31, 2022, from $6.7 million in the same period of 2021[161]. - Sales and marketing expenses rose to $27.4 million for the three months ended October 31, 2022, compared to $22.8 million in the same period of 2021[166]. - Research and development expenses were $14.0 million for the three months ended October 31, 2022, up from $13.1 million in the same period of 2021[166]. Cash Flow and Liquidity - Cash used in operating activities for the nine months ended October 31, 2022, was $30.98 million, an improvement from $38.92 million used in the same period in 2021[185]. - Cash provided by financing activities for the nine months ended October 31, 2022, was $8.5 million, significantly lower than $190.8 million in the same period in 2021, primarily due to the IPO proceeds in 2021[189]. - The company incurred cash used in investing activities of $33.6 million for the nine months ended October 31, 2022, compared to $47.6 million for the same period in 2021[187]. - As of October 31, 2022, the company had cash and cash equivalents of $38.8 million and short-term investments of $138.5 million[198]. Future Outlook - Couchbase Capella, the fully-managed DBaaS, is expected to gain popularity due to its compelling pricing model and flexibility, contributing to future revenue growth[133]. - The company plans to continue investing in research and development to enhance its platform and expand its geographic presence[136]. - The company expects sales and marketing expenses to increase in absolute dollars as it expands its efforts to attract new customers[160]. - The company may pursue acquisitions of businesses, technologies, assets, and talent to support its growth strategy in the future[183]. Market Conditions - Macroeconomic conditions, including inflation and recession fears, have led to customers opting for shorter deals, impacting revenue predictability[132]. - The company is exposed to market risks primarily from fluctuations in interest rates and foreign currency exchange rates[197]. Internal Controls and Legal Matters - The company believes its disclosure controls and procedures are effective at the reasonable assurance level, but they cannot prevent or detect all errors and fraud[203]. - There were no changes in the internal control over financial reporting that materially affected the company during the reporting period[202]. - The company is not currently involved in any legal proceedings that would have a material adverse effect on its business or financial condition[205].

Couchbase, Inc. (NASDAQ:BASE) Q3 2023 Earnings Conference Call December 6, 2022 8:30 AM ET Company Participants Edward Parker - Head of Investor Relations Matt Cain - President and CEO Greg Henry - CFO Conference Call Participants Jason Ader - William Blair Raimo Lenschow - Barclays Rob Oliver - Baird Brad Reback - Stifel Kash Rangan - Goldman Sachs Ittai Kidron - Oppenheimer Matt Hedberg - RBC Capital Markets Sanjit Singh - Morgan Stanley Rudy Kessinger - D.A. Davidson Operator Hello and welcome to the Cou ...

Couchbase, Inc. (NASDAQ:BASE) Q2 2023 Results Conference Call September 7, 2022 5:00 PM ET Company Participants Edward Parker - Head of Investor Relations Matt Cain - President and CEO Greg Henry - CFO Conference Call Participants Sanjit Singh - Morgan Stanley Raimo Lenschow - Barclays Rob Oliver - Baird Param Singh - Oppenheimer Rudy Kessinger - D.A. Davidson Operator Thank you for standing by, and welcome to the Couchbase Second Quarter Fiscal 2023 Earnings Conference Call. [Operator Instructions] As a re ...

Couchbase, Inc. (NASDAQ:BASE) Q1 2023 Earnings Conference Call June 8, 2022 5:00 PM ET Company Participants Edward Parker - Head of Investor Relations Matt Cain - President and CEO Greg Henry - CFO Conference Call Participants Matt Hedberg - RBC Capital Markets Kash Rangan - Goldman Sachs Jason Ader - William Blair Sanjit Singh - Morgan Stanley Raimo Lenschow - Barclays Brad Reback - Stifel Operator Ladies and gentlemen, thank you for standing by, and welcome to Couchbase's First Quarter 2023 Earnings Call. ...