Kaltura beats revenue estimates, hitting record as subscription bookings more than doubled in Q3
KLTR•Kaltura's Q3 revenue rose 8% year over year to a record $47.3 million, beating the $46.1 million estimate, as new subscription bookings more than doubled sequentially. The company raised its 2026 revenue guidance to $185 million-$185.7 million.
1. Revenue and profit
Kaltura reported Q3 revenue of $47.3 million, up 8% year over year and above the $46.1 million estimate. Adjusted net income was $3.1 million, compared with an estimated $1.1 million loss, while adjusted operating income was $4.9 million. The company reported a net loss of $1.5 million.
2. Bookings and segments
New subscription bookings more than doubled sequentially, including three transactions valued at seven figures each. Kaltura signed a record 15 transactions involving AI products, with combined contract value of $3.8 million, up from $1.0 million in the prior quarter. EE&T revenue rose 14% year over year, while Media & Telecom revenue fell 10% due to prior elevated churn.
3. Guidance
Kaltura expects Q4 revenue of $46.2 million-$46.9 million and adjusted EBITDA of $2 million-$3 million. It raised its 2026 full-year revenue guidance to $185 million-$185.7 million.
