Couchbase BASE
Infrastructure Software Data & Analytics Enterprise Software DevOps/Dev Tools

Couchbase trades at 4.9x EV/NTM revenue on a $1.21B enterprise value. Revenue grew 11.6% year over year to $57.6M in the quarter ending July 2025, an annual run rate of $230.0M. Couchbase reports net dollar retention of 115%, a 87.2% gross margin, and 79.1-month CAC payback.

ARR ($M)
260.5
Net Dollar Retention
115%
ARR Growth
21.7%
EV / NTM Revenue
4.9x
Payback Period
79.1
EV / Run Rate
5.3x
Price & Key Metrics
Price Performance
Company Details
Share Price: 24.51
Last Filing Date: 2025-07-31
Fiscal Year End: 01-31
Last Filing: Form
Founding Year: 2011
IPO Year: 2022
% of 52 wk High: 100%
Description
Couchbase develops and provides commercial packages and support for Couchbase Server and Couchbase Lite both of which are open-source, NoSQL, multi-model, document-oriented database software packages that store JSON documents or a pure key-value database.
Reporting Notes
Categories
Infrastructure Software Data & Analytics Enterprise Software DevOps/Dev Tools
Valuation
Market Cap: 1,354.276
Enterprise Value: 1,212.054
EV / Revenue Run Rate: 5.3x
EV / NTM Revenue: 4.9x
EV / 2026 Revenue Estimates: 4.7x
EV / 2027 Revenue Estimates: 4.1x
EV / 2028 Revenue Estimates: --
Key Business Metrics
Net Dollar Retention: 115%
Customers: --
ARR: 260.5
ARR Growth %: 22%
ARR/Customer ($K): --
ARR/Employee ($K): 313
Revenue
Revenue Run Rate: 230
ARR: 260.5
2026 Revenue Estimates: 259
2027 Revenue Estimates: 295
2028 Revenue Estimates: --
LTM Revenue: 220
Last Year Run Rate: 206
Growth
Revenue Growth: 12%
ARR Growth: 22%
Growth Persistence: 59%
2026 Revenue Growth Estimates: 14%
2027 Revenue Growth Estimates: 14%
2028 Revenue Growth Estimates: --
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is Couchbase growing?

Couchbase grew revenue 11.6% year over year, reaching $57.6M in the quarter ending July 2025.

What multiple does Couchbase trade at?

Couchbase trades at 4.9x EV/NTM revenue and 5.3x EV/run-rate, on an enterprise value of $1.21B.

Is Couchbase profitable?

For Couchbase, operating income was -$25.4M last quarter and LTM free cash flow margin is -13.6%.

What is Couchbase's net dollar retention?

Couchbase reports net dollar retention of 115%, measuring revenue expansion within its existing customer base.

How long does it take Couchbase to pay back CAC?

Couchbase recovers customer acquisition cost in about 79.1 months.

What sector is Couchbase in?

Public Comps classifies Couchbase under Infrastructure Software, Data & Analytics, Enterprise Software, and DevOps/Dev Tools.

Where does Public Comps get Couchbase's data?

Figures come from Couchbase's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.