Kaltura Q2 revenue rises on strong segment performance

Kaltura

05/08/2026 12:17

Overview
Digital experience platform's Q2 revenue rose 5% yr/yr to $46.9 mln
Adjusted EPS for Q2 improved to $0.01 from a loss a year earlier
Enterprise, Education and Technology segment revenue grew, while Media & Telecom declined on prior-year churn

Outlook
Kaltura sees Q3 total revenue between $45.8 mln and $46.5 mln
Company expects full-year 2026 total revenue of $183 mln to $185 mln
Kaltura expects stronger bookings momentum in H2 and new product revenue in 2027

Result Drivers
AI DEAL MOMENTUM - Co signed a record fourteen new deals including AI offerings, doubling its previous record, with nine involving agentic avatars and eight with new customers
SUBSCRIPTION BOOKINGS - Co grew new subscription bookings sequentially, including thirteen six-digit total contract value deals, five with new customers in financial services, healthcare and education
SEGMENT PERFORMANCE - Enterprise, Education and Technology segment revenue increased 11% yr/yr, while Media & Telecom declined 10% yr/yr due to elevated churn in 2025

Company press release: ID:nGNX81S3By

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$46.90 mln
$45.60 mln (2 Analysts)
Q2 Adjusted EPS
Beat
$0.01
-$0.01 (2 Analysts)
Q2 Adjusted Net Income
Beat
$2.30 mln
-$1.05 mln (2 Analysts)
Q2 Net Loss
 
$5.50 mln
 
Q2 Adjusted Operating Income
Beat
$4.80 mln
$1.45 mln (2 Analysts)
Q2 Adjusted Gross Margin
 
75.00%
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Kaltura Inc is $3.50, about 150% above its August 4 closing price of $1.40
The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 38 three months ago

Reuters Recommended Reads
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Aug 4 - Israel's AudioCodes Q2 revenue rises on strong demand in Voice AI and managed services segments
Aug 4 - Workiva Q2 revenue beats analyst estimates on subscription growth 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)