NASDAQ$KLTR

Kaltura Inc. · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Kaltura Inc. reported financial results for the second quarter ended June 30, 2025.

Kaltura reported total revenue of $44.5 million for Q2 2025, with subscription revenue of $42.4 million and professional services of $2.1 million. The company posted a net loss of $7.8 million and an operating loss of $2.8 million. Annualized recurring revenue grew to $170.4 million with a net dollar retention rate of 101%.

  • Total revenue increased 1% year-over-year to $44.5 million, driven by 9% growth in Enterprise, Education & Technology subscription revenue.
  • Net loss narrowed to $7.8 million from $10.0 million in Q2 2024, with improved gross margins of 70%.
  • Annualized recurring revenue reached $170.4 million, up 3% from the prior year, supported by a 101% net dollar retention rate.
  • Remaining performance obligations stood at $188.1 million, with 61% expected to be recognized over the next 12 months.

Headline financials

Total Revenue

$44.5M

Previous: $44M+1.0%
EPS (adj)

$0.05

Previous: -$0.07+171.4%
Annualized Recurring Revenue

$170M

No prior period
Net Dollar Retention Rate

101.0%

Previous: 98.0%+3.1%
Remaining Performance Obligations

$188M

Previous: $178M+5.8%
Capital Expenditures

-$423K

Previous: -$327K-29.4%
Net Income

-$7.75M

Previous: -$10M+22.5%
Operating Income

-$2.76M

Previous: -$8.55M+67.8%
Gross Profit

$31.2M

Previous: $28.7M+8.9%
Cash & Equivalents

$35.4M

Previous: $34.3M+3.4%
Total Assets

$169M

Previous: $171M-1.1%

Revenue & EPS history

Kaltura · Revenue · Quarterly

$44.5M

Q2 2025+1%vs Q2 2024
Beat estimate in 12 of 14 quarters(86%)
ActualEstimate

Revenue by segment

Kaltura · $44.5M total across 2 segments · Q2 2025

  • Enterprise, Education & Technology
    $33.2M—
  • Media & Telecom
    $11.2M—

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports

Historical avg

+1.2%

Avg return

Earnings day

+1.8%

Avg return

5 days after

-4.1%

Avg return

30 days after

59%

13 / 22 earnings

Positive

+33.1%

Q3 2024

Best reaction

-38.3%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
Q1 2026-2.2%+5.8%+2.2%
Q4 2025-9.4%-11.5%-18.7%
Q3 2025+24.7%+13.6%+14.3%
Q1 2025-0.5%+4.5%+1.4%
Q4 2024-2.0%-18.4%-25.2%
Q3 2024+33.1%+46.1%+57.7%
Q2 2024+3.5%+7.0%-5.2%
Q1 2024-3.1%-6.2%-36.4%
Q4 2023+2.1%-3.4%-8.3%
Q3 2023+1.1%-2.3%+2.3%
Q2 2023+4.0%+5.1%-2.5%
Q1 2023+5.1%+5.7%+2.3%
Q4 2022-2.0%-4.0%-1.0%
Q3 2022+11.4%+16.2%+10.2%
Q2 2022-1.9%-6.8%-18.4%
Q1 2021+2.7%+11.4%+20.8%
Q1 2022+1.4%+9.9%+28.4%
Q4 2021-38.3%-27.3%-39.9%
Q3 2021-35.2%-34.4%-58.1%
Q2 2020+9.8%+4.5%-7.6%
Q4 2020+9.8%+4.5%-7.6%
Q2 2021+12.1%+20.6%-0.6%
Q3 2020———
Q1 2020———

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