Kaltura (NASDAQ:KLTR) Issues Quarterly Earnings Results

Kaltura (NASDAQ:KLTR) posted its earnings results on Monday. The company reported $0.03 earnings per share (EPS) for the quarter, FiscalAI reports. Kaltura had a negative net margin of 6.68% and a negative return on equity of 17.82%. The firm had revenue of $45.54 million during the quarter, compared to analysts’ expectations of $45.35 million.

Here are the key takeaways from Kaltura’s conference call:

• Q4 and full‑year 2025 showed improved profitability with a record adjusted EBITDA of $6.3M in Q4 and $18.6M for 2025 (150% YoY increase), while Q4 total revenue was $45.5M and FY revenue was $180.9M.
• Kaltura entered a definitive agreement to acquire PathFactory for approximately $22M in cash, adding AI‑driven journey orchestration, intent intelligence, and a customer base (100+ enterprises) that management expects will expand its TAM and cross‑sell opportunities.
• Product momentum includes general availability of agentic avatars, an avatar SDK, and a beta for an avatar video creation studio, with management expecting revenue from these new offerings beginning in H2 2026 and self‑serve versions to drive down‑market expansion.
• 2026 guidance is cautious—subscription revenue guided to $172.5M–$175.5M and adjusted EBITDA to $12.7M–$14.7M (same annual EBITDA range as prior guidance)—as the company plans to taper near‑term profitability and cash flow to fund the PathFactory integration, product commercialization, and to absorb FX and M&T headwinds (M&T revenue expected to decline in 2026).

Kaltura Price Performance

NASDAQ:KLTR opened at $1.26 on Wednesday. The company has a debt-to-equity ratio of 1.43, a current ratio of 1.12 and a quick ratio of 1.12. Kaltura has a one year low of $1.16 and a one year high of $2.33. The company has a fifty day moving average price of $1.46 and a 200 day moving average price of $1.54. The stock has a market cap of $196.98 million, a P/E ratio of -15.75 and a beta of 1.06.

Institutional Investors Weigh In On Kaltura

Several hedge funds have recently made changes to their positions in KLTR. BNP Paribas Financial Markets grew its position in Kaltura by 70.3% during the third quarter. BNP Paribas Financial Markets now owns 17,409 shares of the company’s stock worth $25,000 after buying an additional 7,184 shares in the last quarter. Qube Research & Technologies Ltd bought a new stake in shares of Kaltura during the second quarter valued at approximately $28,000. Citadel Advisors LLC acquired a new position in shares of Kaltura in the third quarter valued at $35,000. EntryPoint Capital LLC bought a new position in Kaltura in the fourth quarter worth $38,000. Finally, Franklin Resources Inc. bought a new position in Kaltura in the third quarter worth $40,000. Institutional investors own 30.79% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Kaltura in a report on Monday, December 29th. Needham & Company LLC restated a “buy” rating and set a $3.00 target price on shares of Kaltura in a report on Tuesday. Finally, Wall Street Zen raised Kaltura from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. One research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat, Kaltura presently has an average rating of “Hold” and an average target price of $3.00.

About Kaltura

Kaltura, Inc (NASDAQ: KLTR) is a leading provider of video technology solutions designed to empower organizations to create, manage, distribute and monetize video content at scale. The company’s cloud-native platform supports an array of use cases including enterprise communications, online learning, virtual events, media delivery and over-the-top (OTT) television services. By combining open-source roots with software-as-a-service (SaaS) flexibility, Kaltura offers organizations the ability to tailor their video workflows and integrate seamlessly with existing collaboration, learning management and content management systems.

Key offerings from Kaltura include a comprehensive video management system, live streaming and video conferencing capabilities, lecture capture for educational institutions, virtual events and webinars, and turnkey OTT solutions.