Kaltura Q2 revenue rises on strong segment performance
KLTR•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
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
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
