BASE (Couchbase) Net Margin %: -41.32% (As of Jul. 2025)


BASE Couchbase Inc BASE
17 GF Score
Price $24.51
GF Value $19.01
! 7 Warning Signs
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What is Couchbase Net Margin %?

Couchbase BASE 17 Net Margin % is -41.32% as of Jul. 2025. GuruFocus rates BASE with a GF Score™ of 17/100 and a GF Value™ of $19.01. The stock has 7 warning signs investors should review.

Net margin is calculated as Net Income divided by its Revenue. Couchbase's Net Income for the three months ended in Jul. 2025 was $-23.8 Mil. Couchbase's Revenue for the three months ended in Jul. 2025 was $57.6 Mil. Therefore, Couchbase's net margin for the quarter that ended in Jul. 2025 was -41.32%.

The historical rank and industry rank for Couchbase's Net Margin % or its related term are showing as below:

BASE' s Net Margin % Range Over the Past 10 Years
Min: -47.13   Med: -41.48   Max: -34.1
Current: -34.1


BASE's Net Margin % is not ranked
in the Software industry.
Industry Median: 2.54 vs BASE: -34.10

Couchbase  (NAS:BASE) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Couchbase Net Margin % Related Terms


Couchbase Net Margin % Historical Data

* Premium members only.

The historical data trend for Couchbase's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Couchbase Net Margin % Chart

Couchbase Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Net Margin %
Get a 7-Day Free Trial -38.71 -47.13 -44.24 -44.54 -35.64

Couchbase Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -38.56 -35.16 -28.42 -31.28 -41.32

BASE vs ATEN, SUPX, RPD: Net Margin % Comparison

For the Software - Infrastructure subindustry, Couchbase's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Couchbase Net Margin % vs Software Industry

For the Software industry and Technology sector, Couchbase's Net Margin % distribution charts can be found below:

* The bar in red indicates where Couchbase's Net Margin % falls into.


BASE
17GF Score
Couchbase Inc BASE
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Couchbase Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Couchbase's Net Margin for the fiscal year that ended in Jan. 2025 is calculated as

Net Margin=Net Income (A: Jan. 2025 )/Revenue (A: Jan. 2025 )
=-74.653/209.466
=-35.64 %

Couchbase's Net Margin for the quarter that ended in Jul. 2025 is calculated as

Net Margin=Net Income (Q: Jul. 2025 )/Revenue (Q: Jul. 2025 )
=-23.786/57.566
=-41.32 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of -41.32% mean?
Couchbase (BASE) has a Net Margin % of -41.32% as of Jul. 2025. Net margin is the ratio of total net income to net sales. View historical data on Couchbase and its competitors.
Is Couchbase's Net Margin % too high?
Couchbase's current Net Margin % is -41.32%. Overall, Couchbase has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Couchbase's Net Margin % compare to ATEN and SUPX?
Couchbase's Net Margin % of -41.32% can be compared against companies in the Software industry. The industry median Net Margin % is 2.54. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Software company?
The median Net Margin % among Software companies is 2.54, based on 2,827 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Couchbase and its competitors. For the Software industry, the median Net Margin % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Couchbase's current Net Margin % is -41.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Couchbase stock overvalued right now?
Couchbase (BASE) has a current Net Margin % of -41.32%. The stock's GF Value™ is $19.01, compared to a current price of $24.51 — trading 28.9% above its estimated fair value. The current Net Margin % is -41.32%. Couchbase's overall GF Score™ is 17/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Couchbase (BASE), the current Net Margin % is -41.32% as of Jul. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Couchbase (BASE) Overvalued in 2026?

Based on GuruFocus' analysis, Couchbase stock appears to be overvalued. The current stock price of $24.51 is trading 28.9% above its estimated GF Value™ of $19.01.

Key valuation signals for BASE:

  • Net Margin %: -41.32%
  • GF Value™: $19.01 vs. price of $24.51 (28.9% above fair value)
  • GF Score™: 17/100 with 7 warning signs

No single metric tells the full story. See the BASE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Couchbase Business Description

Address 3250 Olcott Street, Santa Clara, CA, USA, 95054
Couchbase Inc provides a modern cloud database that offers the robust capabilities required for business-critical applications on a scalable and available platform. It empower developers and architects to build, deploy and run mission-critical applications. Couchbase delivers a high-performance, flexible and scalable modern database that runs across the data center and any cloud. Geographically, the company generates a majority of its revenue from the United States.
17GF Score

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Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.51
Price
$19.01
GF Value