Couchbase Inc. reported its first quarter fiscal 2026 financial results, highlighting a 10% year-over-year increase in total revenue, reaching $56.5 million. Subscription revenue for the quarter also experienced growth, rising 12% year-over-year to $54.8 million. The company reduced its loss from operations to $18.8 million, compared to $22.5 million in the first quarter of fiscal 2025, while the non-GAAP operating loss decreased to $4.2 million from $6.7 million in the same period the previous year. Cash flow used in operating activities was $6.8 million, contrasting with the $1.6 million provided in the first quarter of fiscal 2025. Couchbase's remaining performance obligations as of April 30, 2025, totaled $239.6 million, marking a 9% increase year-over-year. The company also relocated to a new global corporate headquarters in San Jose to support its strategic goals and enhance collaboration. Looking ahead, Couchbase provided its financial outlook for the second quarter and full year of fiscal 2026. The company expects total revenue for the second quarter to be between $54.4 million and $55.2 million, with the full-year revenue projected to range from $228.3 million to $232.3 million. Total ARR is anticipated to be between $255.8 million and $258.8 million for the second quarter and $279.3 million to $284.3 million for the full year. The non-GAAP operating loss is expected to be in the range of $5.1 million to $4.1 million for the second quarter and $15.5 million to $10.5 million for the full year.
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