| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 44.63 | 5.0% |
| Total Income | 44.63 | 5.0% |
| Expenditure | 45.85 | 5.6% |
| PBT | -1.31 | 669.6% |
| Net Profit | -3.77 | 236.6% |
| OPM | -2.74% | 0.61pp |
| NPM | -8.45% | 6.06pp |
| EPS | -0.03 | 200.0% |
Kaltura Announces Q1 2026 Financial Results; Revenue $44.6M
12 May 2026 · 12 May, 1:44 am
Summary
Kaltura, Inc. announced its financial results for the first quarter ended March 31, 2026. Total revenue for the quarter was $44.6 million, with subscription revenue reaching $43.2 million. Adjusted EBITDA was reported at $5.7 million, exceeding the high end of the company's guidance. The company also achieved positive cash flow from operations for the first time in a first quarter. For the second quarter of 2026, the company expects subscription revenue to grow 2-4% year-over-year to between $43.3 million and $44.1 million.
Key Highlights
- 1
Kaltura's total revenue for the first quarter of 2026 was $44.6 million.
- 2
Subscription revenue for the first quarter of 2026 reached $43.2 million.
- 3
Adjusted EBITDA for the quarter was $5.7 million, exceeding the high end of the guidance range.
- 4
The company achieved positive cash flow from operations in a first quarter for the first time in its history.
- 5
Annualized Recurring Revenue (ARR) for the first quarter of 2026 was $168.8 million.
- 6
GAAP Gross profit for the first quarter of 2026 was $32.1 million, representing a gross margin of 72%.
Management Comments
Ron Yekutiel
We are off to a strong start in 2026, exceeding the high end of our guidance across all key metrics and delivering our first Q1 with positive operating cash flow. During the quarter, we launched new avatar-based products and signed the PathFactory acquisition, which closed shortly after quarter end. We’ve made meaningful progress over the quarter in our transition to powering rich, agentic digital experiences across organizational journeys, with growing customer engagement, expanding use cases, and early signs of momentum across our new offerings. We look forward to engaging with customers and partners at our upcoming Kaltura Connect on the Road events.
Informational and educational content only. Not investment advice.