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KALTURA (KLTR)

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Earnings summaries and quarterly performance for KALTURA.

Recent press releases and 8-K filings for KLTR.

Kaltura Shifts Focus to Immersive Virtual Agents Amidst Flattened Video Market
KLTR
Product Launch
New Projects/Investments
Revenue Acceleration/Inflection
  • Kaltura (KLTR) is strategically shifting from a flattened video management platform market to focus on immersive virtual agents and conversational avatars, aiming for a return to double-digit growth and a "Rule of 30" by 2028 or before.
  • The company has established a $180 million business with a strong enterprise customer base, including 30% of top 50 tech companies, and is currently profitable, generating cash from operations with $30 million in net cash.
  • Kaltura positions itself as the only public company in the immersive virtual agent space, entering a significantly larger Customer Experience (CX) and Employee Experience (EX) market with its new offerings.
  • The new agentic avatars are highlighted as photorealistic, multilingual, and hyper-personalized, designed to integrate deeply into enterprise workflows for diverse applications such as sales, training, and support.
Jan 21, 2026, 1:30 PM
Kaltura Shifts Focus to Immersive Virtual Agents Amidst Flattened Video Market
KLTR
Product Launch
New Projects/Investments
Revenue Acceleration/Inflection
  • Kaltura (KLTR) is transitioning from its traditional, flattened $180 million video management business to focus on immersive virtual agents and experiences, aiming to re-accelerate growth.
  • The company is developing and launching AI-powered conversational avatars that are photorealistic, multilingual, and integrate with enterprise workflows for various applications like sales, training, and support.
  • Financially, Kaltura has returned to profitability, generating cash from operations and free cash flow, with $30 million in net cash as of the document date.
  • Management anticipates achieving double-digit growth and a "Rule of 30" by 2028 or before, driven by the new agentic offerings and an expanded Total Addressable Market (TAM).
Jan 21, 2026, 1:30 PM
Kaltura (KLTR) Announces Strategic Pivot to Immersive Virtual Agents
KLTR
New Projects/Investments
Revenue Acceleration/Inflection
Demand Weakening
  • Kaltura (KLTR) has built a $180 million profitable business as a leading enterprise video platform, but the traditional video industry has flattened, leading to single-digit growth.
  • The company is making a strategic shift into the immersive virtual agents market with conversational avatars, aiming to return to double-digit growth and a "Rule of 30" by 2028 or before.
  • Kaltura is currently generating cash from operations and free cash flow, with $60 million in gross cash and $30 million in debt, resulting in $30 million net cash.
  • Kaltura is positioned as the only public company in the immersive virtual agent space, leveraging its existing customer base and technology.
Jan 21, 2026, 1:30 PM
Kaltura Pivots to Immersive Virtual Agents and CX/EX Platform
KLTR
Product Launch
New Projects/Investments
  • Kaltura (KLTR) is strategically pivoting from its traditional video technology business into immersive virtual agents and a full-blown Customer Experience (CX) and Employee Experience (EX) platform, leveraging its existing AI capabilities and large enterprise customer base.
  • The company is launching new offerings, including agentic avatars, generative personalized UI, and an SDK for integration, with plans for VOD-based avatars, aiming to expand its Total Addressable Market (TAM) beyond the historical $13-13.13 billion video market.
  • Kaltura operates on a revenue base of $181 million, primarily from subscription and recurring sources, experiencing low single-digit growth in recent years within a flat video industry, but has returned to profitability on an adjusted EBITDA and cash flow basis, with gross margins improving from 61% to 71% over five years.
Jan 14, 2026, 4:45 PM
Kaltura (KLTR) Announces Strategic Expansion into Immersive Virtual Agents
KLTR
Product Launch
New Projects/Investments
Revenue Acceleration/Inflection
  • Kaltura (KLTR) is strategically expanding its offerings from traditional video technology into AI-infused immersive virtual agents, known as Agentic Avatars, aiming to become a leading customer experience (CX) and employee experience (EX) platform.
  • This move is intended to transition the company from a "lukewarm" video industry, which has seen low single-digit growth in recent years, into a new market with a significantly expanded total addressable market (TAM).
  • The company reported $181 million in revenue, predominantly from subscriptions, and has returned to profitability on an adjusted EBITDA and cash flow basis, with gross margins improving from 61% to 71% over the past five years.
  • Kaltura plans to leverage its established large enterprise customer relationships and API-first platform to upsell these new Agentic Avatar products, which include conversational avatars, advanced generative UI, and an SDK for integration with other large language models.
Jan 14, 2026, 4:45 PM
Kaltura Pivots to Immersive AI Agents Amidst Flat Video Market
KLTR
Product Launch
New Projects/Investments
Revenue Acceleration/Inflection
  • Kaltura (KLTR) is undergoing a strategic pivot, moving from a flat video technology market into AI-infused video experiences and immersive virtual agents, which CEO Ron Yekutiel describes as a "watershed moment" for the company.
  • The company reported $180 million in revenue with low single-digit growth in recent years but has returned to profitability on an adjusted EBITDA and cash flow basis, with gross margins improving from 61% to 71% over five years.
  • This strategic shift aims to expand Kaltura's Total Addressable Market (TAM) into the vast CX/EX sectors, contrasting with the video industry's current low valuation (around 1x revenue) and highlighting significant market potential seen in recent high-value acquisitions in the agentic space.
  • Kaltura plans to upsell its new agentic products to its existing large enterprise customer base, which boasts an average ARPU of $200K, while also introducing a product-led growth self-serve model.
Jan 14, 2026, 4:45 PM
Kaltura appoints interim Principal Financial Officer and Principal Accounting Officer
KLTR
Management Change
CFO Change
Hiring
  • Kaltura, Inc. announced the resignation of its Chief Financial Officer, John Doherty, effective December 5, 2025.
  • Ms. Liron Sharon was appointed as interim Principal Financial Officer (PFO), and Ms. Claire Rotshten was appointed as interim Principal Accounting Officer (PAO), both effective December 6, 2025.
  • Ms. Sharon and Ms. Rotshten will jointly assume the duties typically assigned to the Chief Financial Officer until a permanent replacement is appointed.
  • The company has retained an external search firm to identify successor candidates for the Chief Financial Officer position.
Dec 8, 2025, 2:21 PM
Kaltura Reports Q3 2025 Results, Announces ESOF.ai Acquisition and Share Repurchase
KLTR
Earnings
M&A
Share Buyback
  • Kaltura reported Q3 2025 total revenue of $43.9 million and subscription revenue of $42 million. The company achieved a record adjusted EBITDA of $4.2 million and non-GAAP net profit of $2 million, marking its ninth consecutive quarter of adjusted EBITDA profitability and fifth consecutive quarter of non-GAAP profitability.
  • On November 5th, Kaltura signed a definitive agreement to acquire ESOF.ai, a GenAI lab developing conversational agentic AI technology, for an estimated total deal value of approximately $27 million assuming all earn-out milestones and retention targets are achieved. The acquisition is expected to close in Q4 2025 and aims to transform Kaltura into an AI-infused CX and EX company, with incremental revenue expected by the second half of 2026.
  • The company repurchased 14.4 million shares from Goldman Sachs on November 7 for $16.6 million, representing 9.2% of outstanding shares at a 25% discount to the 30-day VWAP.
  • For Q4 2025, Kaltura guides for total revenue between $45 million and $45.7 million and adjusted EBITDA between $4.2 million and $5.2 million. The full-year 2025 adjusted EBITDA guidance was raised for the third time to between $16.6 million and $17.6 million.
Nov 10, 2025, 10:00 PM
Kaltura Reports Q3 2025 Results, Announces ESOF.ai Acquisition and Share Repurchase
KLTR
Earnings
M&A
Share Buyback
  • Kaltura reported Q3 2025 total revenue of $43.9 million and subscription revenue of $42 million. The company achieved a record adjusted EBITDA of $4.2 million, marking its ninth consecutive quarter of adjusted EBITDA profitability, with a non-GAAP gross margin of 70%. Non-GAAP net profit was $2 million, and cash flow from operations was $9.3 million.
  • The company signed a definitive agreement on November 5th to acquire ESOF.ai, a deep tech GenAI lab, for an approximate total deal value of $27 million, with the acquisition expected to close in Q4 2025. This move is central to Kaltura's strategic evolution from a video company to a rich media-powered, AI-infused customer and employee experience (CX and EX) company.
  • Kaltura repurchased 14.4 million shares from Goldman Sachs for $16.6 million on November 7, representing 9.2% of outstanding shares at a 25% discount to the 30-day VWAP. Following this and the ESOF.ai acquisition, Kaltura forecasts closing the year with approximately $60 million in gross cash and $30 million in net cash.
  • For Q4 2025, Kaltura expects total revenue between $45 million and $45.7 million and adjusted EBITDA between $4.2 million and $5.2 million. The company also raised its full-year 2025 adjusted EBITDA guidance for the third time to between $16.6 million and $17.6 million.
Nov 10, 2025, 10:00 PM
Kaltura Reports Strong Q3 2025 Results, Announces ESOF.ai Acquisition and Share Repurchase
KLTR
Earnings
M&A
Share Buyback
  • Kaltura reported strong Q3 2025 financial results, including $43.9 million in total revenue, a record $4.2 million in adjusted EBITDA, and $2 million in non-GAAP net profit, with $9.3 million in cash flow from operations. The company forecasts a sequential increase in total revenue and another record adjusted EBITDA for Q4 2025, aiming for double-digit revenue growth and a rule of 30 combination by 2028 or sooner.
  • The company signed a definitive agreement on November 5th to acquire ESOF.ai for approximately $27 million, expected to close in Q4 2025, to accelerate its transformation into a rich media-powered, AI-infused customer and employee experience (CX&EX) company.
  • Kaltura repurchased 14.4 million shares (9.2% of outstanding shares) from Goldman Sachs for $16.6 million on November 7th, at a 25% discount to the 30-day VWAP, which is expected to result in a 6.2% antedilutive accretive effect on the outstanding share base when combined with the ESOF acquisition.
Nov 10, 2025, 10:00 PM