This company has been acquired
The company may no longer be operating, as it has been acquired. Find out why through their latest events.
Couchbase Management
Management criteria checks 3/4
Couchbase's CEO is Matt Cain, appointed in Apr 2017, has a tenure of 8.42 years. total yearly compensation is $8.69M, comprised of 6.2% salary and 93.8% bonuses, including company stock and options. directly owns 1.44% of the company’s shares, worth $19.45M. The average tenure of the management team and the board of directors is 3.3 years and 6.1 years respectively.
Key information
Matt Cain
Chief executive officer
US$8.7m
Total compensation
| CEO salary percentage | 6.16% |
| CEO tenure | 8.4yrs |
| CEO ownership | 1.4% |
| Management average tenure | 3.3yrs |
| Board average tenure | 6.1yrs |
Recent management updates
Recent updates
Seeking Alpha • Jun 04
Couchbase Sees Capella Demand But Macro Concerns Continue
Summary Couchbase continues to see demand for its Capella platform, but its topline revenue growth rate is slowing, and operating losses remain substantial. Capital allocation has been dilutive, with significant stock-based compensation and negative free cash flow, creating concerns for shareholders. The company trades at a discount to SaaS peers, but faces intense competition and lacks clear capital allocation plans. Despite incremental improvements and raised guidance, I maintain a neutral Hold rating due to persistent losses and an uncertain growth trajectory. Read the full article on Seeking AlphaAnalysis Article • May 23
We Think The Compensation For Couchbase, Inc.'s (NASDAQ:BASE) CEO Looks About Right
Key Insights Couchbase's Annual General Meeting to take place on 29th of May Total pay for CEO Matt Cain includes...Analysis Article • May 04
Subdued Growth No Barrier To Couchbase, Inc. (NASDAQ:BASE) With Shares Advancing 25%
Those holding Couchbase, Inc. ( NASDAQ:BASE ) shares would be relieved that the share price has rebounded 25% in the...Analysis Article • Apr 05
Is Couchbase, Inc. (NASDAQ:BASE) Expensive For A Reason? A Look At Its Intrinsic Value
Key Insights Couchbase's estimated fair value is US$10.54 based on 2 Stage Free Cash Flow to Equity Couchbase's...
New Narrative • Mar 25
Capella Adoption And NVIDIA Partnership Will Open Future Markets
Strategic expansions, including AI services and partnerships, improve competitive positioning, driving revenue growth and attracting enterprise customers with AI-driven demands.Analysis Article • Mar 14
More Unpleasant Surprises Could Be In Store For Couchbase, Inc.'s (NASDAQ:BASE) Shares After Tumbling 26%
Couchbase, Inc. ( NASDAQ:BASE ) shareholders won't be pleased to see that the share price has had a very rough month...Seeking Alpha • Mar 02
Couchbase: Stabilizing Growth Indicators Have Me Enthusiastic Again (Rating Upgrade)
Summary Couchbase's Q4 results showed revenue stabilization and growth, boosting the stock by ~10% post-earnings, despite being down ~30% over the past year. The company benefits from a massive $150 billion market for non-relational databases, driven by the exponential growth of unstructured data. Couchbase's fully managed Capella offering supports hybrid cloud strategies, enhancing its appeal and driving top-line expansion. The company is expecting Capella to drive revenue acceleration in FY27 to 20%+. With a large ARR base that covers its near-term guidance, Couchbase is well-positioned for sustained growth, making it a good re-entry point at ~3x forward revenue. Read the full article on Seeking AlphaSeeking Alpha • Feb 21
Couchbase Looks To Agentic AI For Further Growth Opportunities
Summary Couchbase, Inc.'s fiscal year-end results on February 25, 2025, are crucial for evaluating its new Agentic AI feature uptake and any new cost optimization plans. Despite rising revenues, Couchbase faces high operating losses, heavily impacting its stock performance in a higher cost of capital environment. The company operates in the competitive DBaaS market, with significant competition from larger players, and its Capella platform's growth is essential. My outlook remains a Hold for BASE stock until greater visibility into its new Agentic AI features' success and management's expense discipline is achieved. Read the full article on Seeking AlphaAnalysis Article • Dec 22
Couchbase, Inc.'s (NASDAQ:BASE) 26% Cheaper Price Remains In Tune With Revenues
Couchbase, Inc. ( NASDAQ:BASE ) shares have retraced a considerable 26% in the last month, reversing a fair amount of...Seeking Alpha • Dec 05
Couchbase: All Eyes On The Fourth Quarter Results Now
Summary My hold rating on Couchbase remains due to concerns about meeting FY25 ARR growth targets despite positive developments in 3Q25 results. 3Q25 results showed revenue growth of ~13% y/y and improved adj EBITDA margin, but ARR growth decelerated, raising doubts about achieving 4Q25 guidance. Positive traction in Capella adoption and strong product innovation and partnerships are encouraging but insufficient to turn bullish without growth acceleration. The stock trades at a cheap valuation, but I'll only turn bullish if BASE reports acceleration in growth metrics for 4Q25. Read the full article on Seeking AlphaAnalysis Article • Nov 15
Here's Why We're Not At All Concerned With Couchbase's (NASDAQ:BASE) Cash Burn Situation
We can readily understand why investors are attracted to unprofitable companies. For example, although...Seeking Alpha • Oct 29
Couchbase: Tremendous Salvage Value In This Discarded Database Play
Summary I’m initiating Couchbase at a Buy rating as the stock’s ~20% YTD fall has dropped the company's market cap below $1 billion. The stock is also trading at ~3x forward revenue, well below of its direct competitor MongoDB (which is trading at more than 9x revenue). The company’s new fully managed solution, Couchbase Capella, is helping to drive new customers to the platform. Couchbase also enjoys sky-high gross margins that are helping the company to scale to near breakeven on a pro forma basis. Read the full article on Seeking AlphaAnalysis Article • Oct 20
After Leaping 27% Couchbase, Inc. (NASDAQ:BASE) Shares Are Not Flying Under The Radar
Those holding Couchbase, Inc. ( NASDAQ:BASE ) shares would be relieved that the share price has rebounded 27% in the...Analysis Article • Aug 20
Is There An Opportunity With Couchbase, Inc.'s (NASDAQ:BASE) 36% Undervaluation?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Couchbase fair value estimate is US$28.39 Couchbase is...Seeking Alpha • Jun 19
Couchbase, Inc.: Rating Downgrade On Lowered Growth Expectations
Summary Investment rating downgraded from buy to hold due to concerns about competitive landscape and demand environment. 1Q25 results showed revenue growth, but ARR growth decelerated, and Capella customer additions slowed significantly. Valuation adjusted downwards to $14 in the near term, with a new multiple expectation of 2.3x due to increased competitive pressure and tough macro environment. Read the full article on Seeking AlphaAnalysis Article • Jun 07
Couchbase, Inc. (NASDAQ:BASE) Shares Slammed 29% But Getting In Cheap Might Be Difficult Regardless
Couchbase, Inc. ( NASDAQ:BASE ) shareholders that were waiting for something to happen have been dealt a blow with a...Seeking Alpha • Jun 06
Couchbase Q1 Earnings: Strong Growth With A Step Towards Profitability
Summary We recap the Q1 earnings report from Couchbase. The company beat expectations while operating cash flow turned positive. Data-intensive AI applications have added a growth tailwind for the company's market opportunity. Read the full article on Seeking AlphaAnalysis Article • May 30
Here's Why We're Not At All Concerned With Couchbase's (NASDAQ:BASE) Cash Burn Situation
We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...Analysis Article • Apr 11
With Couchbase, Inc. (NASDAQ:BASE) It Looks Like You'll Get What You Pay For
When close to half the companies in the IT industry in the United States have price-to-sales ratios (or "P/S") below...Seeking Alpha • Mar 22
Couchbase: Possible Beat And Raise In FY25
Summary Couchbase's recent performance demonstrated strong revenue growth and improved profitability. The company operates in an attractive industry with room for growth. Management's guidance for FY25 is conservative, and a potential macro recovery could lead to surpassing expectations, which could lead to a beat-and-raise scenario. Read the full article on Seeking AlphaAnalysis Article • Feb 02
Is Couchbase, Inc. (NASDAQ:BASE) Trading At A 27% Discount?
Key Insights Using the 2 Stage Free Cash Flow to Equity, Couchbase fair value estimate is US$35.62 Couchbase's US$26.18...Analysis Article • Jan 03
Couchbase, Inc. (NASDAQ:BASE) Not Flying Under The Radar
When you see that almost half of the companies in the IT industry in the United States have price-to-sales ratios (or...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jul 31 2025 | n/a | n/a | -US$75m |
| Apr 30 2025 | n/a | n/a | -US$71m |
| Jan 31 2025 | US$9m | US$535k | -US$75m |
| Oct 31 2024 | n/a | n/a | -US$80m |
| Jul 31 2024 | n/a | n/a | -US$79m |
| Apr 30 2024 | n/a | n/a | -US$79m |
| Jan 31 2024 | US$11m | US$510k | -US$80m |
| Oct 31 2023 | n/a | n/a | -US$75m |
| Jul 31 2023 | n/a | n/a | -US$76m |
| Apr 30 2023 | n/a | n/a | -US$71m |
| Jan 31 2023 | US$2m | US$485k | -US$68m |
| Oct 31 2022 | n/a | n/a | -US$65m |
| Jul 31 2022 | n/a | n/a | -US$64m |
| Apr 30 2022 | n/a | n/a | -US$65m |
| Jan 31 2022 | US$6m | US$450k | -US$61m |
| Oct 31 2021 | n/a | n/a | -US$59m |
| Jul 31 2021 | n/a | n/a | -US$55m |
| Apr 30 2021 | n/a | n/a | -US$49m |
| Jan 31 2021 | US$2m | US$400k | -US$44m |
Compensation vs Market: Matt's total compensation ($USD8.69M) is above average for companies of similar size in the US market ($USD5.50M).
Compensation vs Earnings: Matt's compensation has been consistent with company performance over the past year.
CEO
Matt Cain (47 yo)
8.4yrs
Tenure
US$8,685,250
Compensation
Mr. Matthew M. Cain, also known as Matt, has been the Chief Executive Officer at Couchbase, Inc. since April 12, 2017 and serves as its President since April 2017 and Chair since November 2022. Mr. Cain ha...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chair, President & CEO | 8.4yrs | US$8.69m | 1.44% $ 19.5m | |
| Senior VP | 5.5yrs | US$2.08m | 0.35% $ 4.7m | |
| Senior VP & Chief Revenue Officer | 3.3yrs | US$3.17m | 0.073% $ 983.1k | |
| Co-Founder | no data | no data | no data | |
| Co-Founder | no data | no data | no data | |
| VP, Interim CFO and Chief Accounting Officer | 2.4yrs | no data | 0.035% $ 477.9k | |
| Senior VP & Chief Information Officer | 1.5yrs | no data | no data | |
| SVP & Chief Marketing Officer | 1.7yrs | no data | no data | |
| Senior VP & Chief People Officer | 2.6yrs | no data | no data | |
| Senior Vice President of Cloud | 8.3yrs | no data | no data | |
| Senior Vice President of Product | no data | no data | no data | |
| Senior Vice President of Engineering | 3.5yrs | no data | no data |
3.3yrs
Average Tenure
47.5yo
Average Age
Experienced Management: BASE's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chair, President & CEO | 8.4yrs | US$8.69m | 1.44% $ 19.5m | |
| Member of Advisory Board | no data | no data | no data | |
| Independent Non-Employee Director | 4.3yrs | US$237.65k | 0.031% $ 422.1k | |
| Independent Non-Employee Director | 7yrs | US$239.15k | 0.051% $ 686.6k | |
| Member of Advisory Board | no data | no data | no data | |
| Lead Independent Non-Employee Director | 5.3yrs | US$268.90k | 0.076% $ 1.0m | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data | |
| Member of Advisory Board | no data | no data | no data |
6.1yrs
Average Tenure
59yo
Average Age
Experienced Board: BASE's board of directors are considered experienced (6.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/09/23 00:58 |
| End of Day Share Price | 2025/09/23 00:00 |
| Earnings | 2025/07/31 |
| Annual Earnings | 2025/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Couchbase, Inc. is covered by 7 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kasthuri Rangan | Goldman Sachs |
| Sanjit Singh | Morgan Stanley |
| Michael Cikos | Needham & Company |