Kaltura Announces Financial Results for Second Quarter 2026

(NASDAQ:KLTR) Kaltura, Inc. announced financial results for the second quarter ended June 30, 2026, reporting total revenue of $46.9 million and subscription revenue of $45.6 million. The company recorded a net loss of $5.5 million and Adjusted EBITDA of $5.9 million for the quarter. Kaltura achieved a record non-GAAP gross margin of 75% and its highest second-quarter adjusted EBITDA to date. The company signed a record fourteen new deals that included its AI offerings, doubling its previous record, and achieved its strongest gross retention quarter since the fourth quarter of 2022. Annualized Recurring Revenue (ARR) for the second quarter of 2026 was $184.6 million, up 8% from $170.4 million in the second quarter of 2025. The company projects third quarter 2026 subscription revenue between $43.9 million and $44.6 million, total revenue between $45.8 million and $46.5 million, and adjusted EBITDA between $2.0 million and $3.0 million. For the full year 2026, Kaltura expects subscription revenue between $176.6 million and $178.6 million, total revenue between $183.0 million and $185.0 million, and adjusted EBITDA in the range of $15.8 million to $17.2 million.