Couchbase, Inc. (NASDAQ:BASE) Q3 2025 Earnings Conference Call December 3, 2024 4:30 PM ET

Company Participants

Edward Parker - ICR for Couchbase
Matt Cain - Chair, President and Chief Executive Officer
Greg Henry - Chief Financial Officer

Conference Call Participants

Raimo Lenschow - Barclays Capital
Mike Cikos - Needham & Company
Brent Bracelin - Piper Sandler
Matthew Hedberg - RBC Capital Markets
Rob Oliver - Baird

Operator

Greetings, and welcome to the Couchbase Third Quarter 2025 Earnings Conference Call.

At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions]

It is now my pleasure to introduce your host, Edward Parker. Thank you. You may begin.

Edward Parker

Good afternoon, and welcome to Couchbase’s third quarter 2025 earnings call. We will be discussing the results announced in our press release issued after the market closed today. With me are Couchbase’s Chair, President and CEO, Matt Cain; and CFO, Greg Henry.

Today’s call will contain forward-looking statements, which include statements concerning financial and business trends and strategies, market size, product capabilities and development, our expected future business and financial performance and financial condition and our guidance for future periods. These statements reflect our views as of today only and should not be relied upon as representing our views at any subsequent date, and we do not undertake any duty to update these statements.

Forward-looking statements by their nature address matters that are subject to risks and uncertainties that could cause actual results to differ materially from expectations. For a discussion of our material risks and other important factors that could affect our actual results, please refer to the risks discussed in today’s press release and our most recent annual report on Form 10-K or quarterly report on Form 10-Q filed with the SEC.

During the call, we will also discuss certain non-GAAP financial measures, which are not prepared in accordance with Generally Accepted Accounting Principles. A reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures as well as how we define these metrics and other metrics is included in our earnings press releases, which are available on our Investor Relations website.

With that, let me turn the call over to Matt.

Matt Cain

Thanks, Edward, and good afternoon, everyone.

I’m pleased with our performance in the third quarter, highlighted by strong new customer growth, continued growth in Capella consumption and ARR mix and continued progress on our full-year objectives, which allowed us to deliver top and bottom line results that exceeded our outlook.