Earnings Releases·Nov 9, 2026, 4:05 PM ET

Kaltura — Third Quarter 2026 Earnings Summary

Total revenue rose 8% year-over-year to $47.3 million, with subscription revenue up 9% to $45.9 million; GAAP net loss narrowed to $1.5 million ($0.01/share) from $2.6 million in Q3 2025, while Non-GAAP net profit increased to $3.1 million ($0.02/share).
Adjusted EBITDA surged 45% year-over-year to $6.0 million, and the company raised full-year 2026 guidance for subscription revenue, total revenue, and adjusted EBITDA for the third time, projecting record annual results.
Enterprise, Education and Technology (EE&T) revenue grew 14% year-over-year, offsetting a 10% decline in the Media & Telecom segment driven by elevated gross churn; Annualized Recurring Revenue (ARR) reached $184.7 million, a 9% increase.
New subscription bookings more than doubled sequentially to the strongest quarter since 2024, with 15 transactions signed including AI offerings totaling $3.8 million, while remaining performance obligations rose to $161.6 million.
Management expects meaningful revenue contribution from new offerings in 2027 and highlighted strong commercial traction in agentic digital experiences, supported by Kaltura's role in the 2026 FIFA World Cup with 1.3 billion playback sessions.