Quarterly ResultAug 5, 2026, 07:07 AM
Kaltura Q2 Revenue $46.9M, Adj. EBITDA $5.9M, Exceeds Guidance
AI Summary
Kaltura, Inc. announced strong financial results for the second quarter ended June 30, 2026, exceeding the high end of its guidance for both revenue and Adjusted EBITDA. Total revenue increased 5% year-over-year to $46.9 million, with subscription revenue growing 8% to $45.6 million. The company achieved a record non-GAAP gross margin of 75% and its highest second-quarter Adjusted EBITDA to date at $5.9 million. Kaltura also reported significant commercial traction with its AI offerings, signing a record fourteen new deals, and provided an optimistic outlook for the third quarter and full year 2026.
Key Highlights
- Total revenue for Q2 2026 increased 5% year-over-year to $46.9 million.
- Subscription revenue grew 8% year-over-year to $45.6 million in Q2 2026.
- Adjusted EBITDA for Q2 2026 was $5.9 million, up from $4.1 million in Q2 2025.
- GAAP net loss improved to $5.5 million ($0.04 per diluted share) from $7.8 million in Q2 2025.
- Non-GAAP gross margin reached a record 75% in Q2 2026, up from 70% in Q2 2025.
- Signed a record fourteen new deals including AI offerings, doubling the previous record.
- Annualized Recurring Revenue (ARR) increased 8% year-over-year to $184.6 million.
- Forecasts Q3 2026 total revenue between $45.8 million and $46.5 million.
Price Impact
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