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Couchbase, Inc. (BASE) Financials

BASE
Trailing 12 months to July 31, 2025
Revenue $220.6M +11.0% YoY
Net Income -$75.2M +4.2% YoY
EPS (Diluted) -$1.40 +11.9% YoY
Free Cash Flow -$29.5M -9.5% YoY
Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jul 31, 2025 Reported Currency USD FYE January

Newest figures come from the 10-Q for Q2 FY2026, filed Sep 4, 2025. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BASE SEC filings page.

Couchbase, Inc. (BASE) reported $220.6M in revenue over the twelve months to Jul 31, 2025, up 11.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 6 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BASE FY2025

High gross margins are being absorbed by R&D and selling costs, while narrowing cash losses point to improving operating efficiency.

Across FY2023-FY2025, revenue expanded while operating margin improved from -44.8% to -37.6%, indicating more gross profit is reaching operations even though scale has not produced breakeven. Operating cash flow also improved from -$41.2M to -$15.8M, while gross margin held broadly steady; this points to expense absorption and cash discipline rather than a gross-margin lift.

FY2025 R&D and SG&A totaled $121.2M, consuming roughly 58% of revenue; that spending base explains why high gross profit has not yet translated into operating profit. Gross profit was $184.5M, yet operating loss was -$78.7M, so the constraint sits below gross profit rather than in product-level costs.

The latest liquidity comparison equaled 111.6 months of the latest annual operating outflow, indicating reported cash and investments were large relative to that year's cash-use measure. Yet current ratio fell from 2.4x in FY2023 to 1.8x in FY2025; the narrower working-capital cushion means the balance sheet is becoming less loose as liabilities rise.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Cash Runway Dilution R&DIntensity Revenue Progress BurnTrend BalanceSheet 64 / 100
Financial Health Score 64/100
Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Couchbase, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway
75

Couchbase, Inc. held $147.2M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations used $15.8M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Couchbase, Inc. scores 75/100 among other emerging companies.

Dilution
52

Couchbase, Inc. had 53M shares outstanding at the end of fiscal year 2025, against 49M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Couchbase, Inc. scores 52/100 among other emerging companies.

R&D Intensity
56

Couchbase, Inc. spent $70.6M on research and development in fiscal year 2025, which was 24.5% of its operating costs that year. R&D Intensity ranks emerging companies on the share of operating costs that goes into research, and Couchbase, Inc. scores 56/100 among other emerging companies.

Revenue Progress
62

Couchbase, Inc. reported revenue of $209.5M in fiscal year 2025, against $180.0M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Couchbase, Inc. scores 62/100 among other emerging companies.

Burn Trend
75

Couchbase, Inc.'s operations used $15.8M of cash in fiscal year 2025, against $26.9M used in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Couchbase, Inc. scores 75/100 among other emerging companies.

Balance Sheet
61

Couchbase, Inc.'s cash, cash equivalents and investments came to $147.2M at the end of fiscal year 2025, against $133.0M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Couchbase, Inc. scores 61/100 among other emerging companies.

Altman Z-Score Safe
3.35

Couchbase, Inc. scores 3.35, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($1.4B) relative to total liabilities ($133.0M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial
4/8

Couchbase, Inc. passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality No Cash Backing
N/A

Couchbase, Inc. reported a net loss of $74.7M while operations used $15.8M of cash. With neither figure positive, the ratio between the two carries no quality signal.

Interest Coverage At Risk
N/A

Couchbase, Inc. reported an operating loss of $78.7M against $60K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

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Earnings & Revenue

Revenue
$57.6M
YoY+11.6%
QoQ+1.8%

Couchbase, Inc. generated $57.6M in revenue in Q2 2026. This represents an increase of 11.6% from the same quarter a year earlier. Against the prior quarter it is up 1.8%.

EBITDA
-$24.3M
YoY-17.7%
QoQ-35.1%

Couchbase, Inc.'s EBITDA was -$24.3M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 17.7% from the same quarter a year earlier. Against the prior quarter it is down 35.1%.

Net Income
-$23.8M
YoY-19.6%
QoQ-34.5%

Couchbase, Inc. reported -$23.8M in net income in Q2 2026. This represents a decrease of 19.6% from the same quarter a year earlier. Against the prior quarter it is down 34.5%.

EPS (Diluted)
-$0.43
YoY-10.3%
QoQ-30.3%

Couchbase, Inc. earned -$0.43 per diluted share (EPS) in Q2 2026. This represents a decrease of 10.3% from the same quarter a year earlier. Against the prior quarter it is down 30.3%.

Cash & Balance Sheet

Free Cash Flow
-$7.3M
YoY-23.7%
QoQ+15.3%

Couchbase, Inc. recorded an outflow of $7.3M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 23.7% from the same quarter a year earlier. Against the prior quarter it is up 15.3%.

Cash & Debt
$44.1M
YoY-29.5%
QoQ+57.3%
5Y CAGR-10.1%

Couchbase, Inc. held $44.1M in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding
55M
YoY+7.7%
QoQ+2.2%

Couchbase, Inc. had 55M shares outstanding in Q2 2026. This represents an increase of 7.7% from the same quarter a year earlier. Against the prior quarter it is up 2.2%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin
87.3%
YoY-0.2pp
QoQ-0.6pp

Couchbase, Inc.'s gross margin was 87.3% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 0.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.6 percentage points.

Operating Margin
-44.1%
YoY-3.3pp
QoQ-10.8pp

Couchbase, Inc.'s operating margin was -44.1% in Q2 2026, reflecting core business profitability. This is down 3.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 10.8 percentage points.

Net Margin
-41.3%
YoY-2.8pp
QoQ-10.0pp

Couchbase, Inc.'s net profit margin was -41.3% in Q2 2026, showing the share of revenue converted to profit. This is down 2.8 percentage points from the same quarter a year earlier. Against the prior quarter it is down 10.0 percentage points.

Return on Equity
-19.2%
YoY-3.5pp
QoQ-5.2pp

Couchbase, Inc.'s ROE was -19.2% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is down 3.5 percentage points from the same quarter a year earlier. Against the prior quarter it is down 5.2 percentage points.

Capital Allocation

R&D Spending
$19.0M
YoY+9.2%
QoQ+2.6%

Couchbase, Inc. invested $19.0M in research and development in Q2 2026. This represents an increase of 9.2% from the same quarter a year earlier. Against the prior quarter it is up 2.6%.

Capital Expenditures
$3.8M
YoY+260.7%
QoQ+106.9%

Couchbase, Inc. invested $3.8M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 260.7% from the same quarter a year earlier. Against the prior quarter it is up 106.9%.

Share Buybacks

Not reported for Q2 2026.

BASE Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BASE quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Revenue$57.6M+11.6%$56.5M+10.1%$54.9M+9.6%$51.6M+12.7%$51.6M+19.6%$51.3M+25.2%$50.1M+20.3%$45.8M+18.8%
Cost of Revenue$7.3M+13.6%$6.9M+20.7%$6.3M+21.8%$6.6M+28.3%$6.5M+9.4%$5.7M-4.1%$5.1M-13.6%$5.1M+4.8%
Gross Profit$50.2M+11.3%$49.7M+8.8%$48.7M+8.3%$45.1M+10.7%$45.1M+21.2%$45.6M+30.1%$44.9M+26.0%$40.7M+20.8%
R&D Expenses$19.0M+9.2%$18.5M+3.6%$17.9M+8.4%$17.5M+10.0%$17.4M+6.6%$17.8M+16.0%$16.5M+9.9%$15.9M+13.6%
SG&A Expenses$11.3M-10.5%$11.2M-11.3%$12.8M+8.2%$12.6M+17.6%$12.6M+20.8%$12.6M+30.7%$11.8M+44.3%$10.7M+21.6%
Operating Income-$25.4M-20.7%-$18.8M+16.4%-$15.8M+29.9%-$19.2M-9.6%-$21.0M+3.8%-$22.5M0.0%-$22.6M-22.1%-$17.5M-5.7%
EBITDA-$24.3M-17.7%-$18.0M+18.7%-$15.2M+31.6%-$18.4M-7.5%-$20.6M+2.5%-$22.1M-2.3%-$22.2M-25.4%-$17.1M-8.5%
Interest Expense$15K-48.3%$15K$14K$17K$29K+61.1%$0-100.0%$0-100.0%$0-100.0%
Income Tax$0-100.0%$871K+6321.4%$566K-1.6%$691K+6181.8%$559K+2842.1%-$14K-101.9%$575K+2200.0%$11K-97.1%
Net Income-$23.8M-19.6%-$17.7M+15.8%-$15.6M+27.1%-$18.2M-11.7%-$19.9M+3.7%-$21.0M+4.0%-$21.4M-28.8%-$16.3M+2.5%
EPS (Basic)-$0.43-10.3%-$0.33+21.4%-$0.29+34.1%-$0.35-2.9%-$0.39+11.4%-$0.42+12.5%-$0.44-18.9%-$0.34+8.1%
EPS (Diluted)-$0.43-10.3%-$0.33+21.4%-$0.29+34.1%-$0.35-2.9%-$0.39+11.4%-$0.42+12.5%-$0.44-18.9%-$0.34+8.1%
Diluted Shares (Avg)55M+7.6%54M+7.7%N/A52M+8.9%51M+8.8%50M+8.6%N/A48M+5.9%

BASE Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BASE quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$250.4M+6.1%$247.0M+1.8%$260.6M+5.2%$222.5M-4.1%$235.9M-3.2%$242.6M-2.8%$247.8M-2.1%$232.0M-4.3%
Current Assets$212.1M+0.7%$214.3M-1.8%$228.4M+1.8%$194.3M-6.3%$210.7M-3.8%$218.3M-3.2%$224.3M-2.3%$207.4M-5.6%
Cash & Equivalents$44.1M-29.5%$28.0M-46.0%$30.5M-26.2%$33.0M-29.6%$62.6M+51.1%$52.0M+12.4%$41.4M+2.2%$46.9M+21.0%
Short-Term Investments$98.1M+4.9%$113.8M+5.1%$116.6M+3.9%$108.9M-0.7%$93.5M-24.8%$108.2M-7.8%$112.3M-12.2%$109.7M-20.8%
Accounts Receivable$42.6M+36.4%$43.8M+26.6%$49.2M+9.8%$28.5M-6.5%$31.3M-3.7%$34.6M-18.1%$44.8M+12.6%$30.5M+35.3%
Long-Term Investments$0$0$0$0$0$0$0$0
Total Liabilities$126.4M+15.7%$120.8M+6.4%$133.0M+13.3%$95.7M-1.1%$109.3M+1.1%$113.5M+4.6%$117.3M+14.2%$96.7M+14.9%
Current Liabilities$116.9M+9.2%$114.6M+4.6%$127.3M+13.2%$91.2M+1.1%$107.1M+5.4%$109.5M+7.6%$112.5M+18.5%$90.2M+17.2%
Non-Current Liabilities$9.5M+331.2%$6.2M+56.3%$5.7M+17.2%$4.5M-30.8%$2.2M-66.1%$4.0M-41.3%$4.8M-38.3%$6.5M-9.9%
Total Equity$124.0M-2.1%$126.2M-2.3%$127.6M-2.2%$126.8M-6.3%$126.6M-6.6%$129.1M-8.4%$130.4M-13.2%$135.3M-14.4%
Retained Earnings-$606.8M-14.2%-$583.0M-13.9%-$565.3M-15.2%-$549.7M-17.1%-$531.5M-17.3%-$511.7M-18.3%-$490.7M-19.5%-$469.3M-19.1%

Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.

BASE Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BASE quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow-$3.5M+28.5%-$6.8M-535.1%$4.4M+167.6%-$16.9M-32.6%-$4.8M-834.5%$1.6M+121.7%-$6.5M+36.8%-$12.7M+13.4%
Depreciation & Amortization$1.1M+175.0%$851K+112.8%$760K+94.9%$800K+100.0%$400K-42.9%$400K-55.1%$390K-55.0%$400K-50.0%
Stock-Based Compensation$14.1M-12.7%$13.4M-8.5%N/A$15.3M+30.1%$16.2M+33.3%$14.6M+57.7%N/A$11.8M+74.1%
Capital Expenditures$3.8M+260.7%$1.9M+86.9%$375K-70.8%$583K-45.3%$1.1M-0.4%$995K-22.7%$1.3M-17.3%$1.1M-34.1%
Free Cash Flow-$7.3M-23.7%-$8.6M-1632.4%$4.0M+151.5%-$17.5M-26.6%-$5.9M-272.1%$564K+106.7%-$7.7M+34.2%-$13.8M+15.5%
Investing Cash Flow$11.8M-18.7%$1.4M-62.6%-$7.7M-190.1%-$15.4M-205.1%$14.6M+312.3%$3.7M-64.2%-$2.7M-126.1%$14.6M+163.7%
Financing Cash Flow$7.6M+806.8%$2.6M-48.1%$1.2M-67.3%$2.8M-26.5%$842K-69.2%$5.1M+84.1%$3.6M+201.1%$3.9M+137.3%

Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.

BASE Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

BASE quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Gross Margin87.3%-0.2pp87.9%-1.1pp88.6%-1.1pp87.3%-1.5pp87.5%+1.2pp88.9%+3.4pp89.7%+4.0pp88.8%+1.5pp
Operating Margin-44.1%-3.3pp-33.3%+10.6pp-28.8%+16.3pp-37.3%+1.0pp-40.8%+9.9pp-43.9%+11.0pp-45.1%-0.7pp-38.3%+4.7pp
Net Margin-41.3%-2.8pp-31.3%+9.6pp-28.4%+14.3pp-35.2%+0.3pp-38.6%+9.3pp-40.9%+12.5pp-42.7%-2.8pp-35.5%+7.8pp
Return on Equity-19.2%-3.5pp-14.0%+2.3pp-12.2%+4.2pp-14.3%-2.3pp-15.7%-0.5pp-16.3%-0.8pp-16.4%-5.4pp-12.0%-1.5pp
Return on Assets-9.5%-1.1pp-7.2%+1.5pp-6.0%+2.7pp-8.2%-1.2pp-8.4%+0.1pp-8.7%+0.1pp-8.6%-2.1pp-7.0%-0.1pp
Current Ratio1.81-0.2x1.87-0.1x1.79-0.2x2.13-0.2x1.97-0.2x1.99-0.2x1.99-0.4x2.30-0.6x
Debt-to-Equity1.02+0.2x0.96+0.1x1.04+0.1x0.750.0x0.86+0.1x0.88+0.1x0.90+0.2x0.71+0.2x
Asset Turnover0.230.0x0.230.0x0.210.0x0.230.0x0.220.0x0.210.0x0.200.0x0.200.0x
FCF Margin-12.7%-1.2pp-15.3%-16.4pp7.2%+22.7pp-33.9%-3.7pp-11.5%-7.8pp1.1%+21.8pp-15.4%+12.8pp-30.1%+12.2pp

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company Fiscal year Revenue Net income Net margin Market cap Health score
Couchbase, Inc. BASE FY2025 $209.5M -$74.7M -35.6% $1.4B 64/100
A10 NETWORKS INC ATEN FY2025 $290.6M $42.1M 14.5% $1.8B 69/100
Rapid7, Inc. RPD FY2025 $859.8M $23.4M 2.7% $694.9M 39/100
Verint Systems Inc VRNT FY2025 $909.2M $82.3M 9.0% $1.2B 52/100
Tuya Inc. American TUYA FY2025 $321.8M $57.9M 18.0% $1.1B 67/100
TELUS International (Cda) Inc. Subordinate Voting Shares TIXT FY2024 $2.7B -$61.0M -2.3% $1.2B 30/100

Frequently Asked Questions

What is Couchbase, Inc.'s annual revenue?

Couchbase, Inc. (BASE) reported $209.5M in total revenue for fiscal year 2025. This represents a 16.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Couchbase, Inc.'s revenue growing?

Couchbase, Inc. (BASE) revenue grew by 16.3% year-over-year, from $180.0M to $209.5M in fiscal year 2025.

Is Couchbase, Inc. profitable?

No, Couchbase, Inc. (BASE) reported a net income of -$74.7M in fiscal year 2025, with a net profit margin of -35.6%.

Couchbase, Inc. (BASE) reported diluted earnings per share of -$1.45 for fiscal year 2025. This represents a 14.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Couchbase, Inc. (BASE) had EBITDA of -$76.4M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Couchbase, Inc. (BASE) had a gross margin of 88.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Couchbase, Inc. (BASE) had an operating margin of -37.5% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Couchbase, Inc. (BASE) had a net profit margin of -35.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Couchbase, Inc. (BASE) has a return on equity of -58.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Couchbase, Inc. (BASE) recorded an outflow of $18.8M in free cash flow during fiscal year 2025. This represents a 40.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Couchbase, Inc. (BASE) recorded an outflow of $15.8M in operating cash flow during fiscal year 2025, representing cash used by core business activities.

Couchbase, Inc. (BASE) had $260.6M in total assets as of fiscal year 2025, including both current and long-term assets.

Couchbase, Inc. (BASE) invested $3.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Couchbase, Inc. (BASE) invested $70.6M in research and development during fiscal year 2025.

Couchbase, Inc. (BASE) had 53M shares outstanding as of fiscal year 2025.

Couchbase, Inc. (BASE) had a current ratio of 1.79 as of fiscal year 2025, which is generally considered healthy.

Couchbase, Inc. (BASE) had a debt-to-equity ratio of 1.04 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Couchbase, Inc. (BASE) had a return on assets of -28.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

At the end of fiscal year 2025, Couchbase, Inc. (BASE) held $147.2M in cash, cash equivalents and investments, and reported an operating cash outflow of $15.8M over that year. Dividing the one by the other, the reported balance equals about 112 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.

Couchbase, Inc. (BASE) has an Altman Z-Score of 3.35, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Couchbase, Inc. (BASE) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Couchbase, Inc. (BASE) reported a net loss of $74.7M while operations used $15.8M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Couchbase, Inc. (BASE) reported an operating loss of $78.7M against $60K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Couchbase, Inc. (BASE) scores 64 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.

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