Filing Flows › Kaltura (KLTR) › Q1 2026
Kaltura (KLTR) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 11, 2026
Kaltura (KLTR) reported revenue of $44.6M for the first quarter 2026 (Q1 2026), -5% from a year earlier and -2% from the quarter before. Operating margin was -2.7%, net loss $3.8M (8.4% of revenue).
Kaltura, Q1 2026: revenue $44.6M (-5% year over year), operating margin -2.7%, net loss $3.8M, operating cash flow $656K. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $44.6M | -2% | -5% |
| Operating profit | −$1.2M | -240% | — |
| Net earnings | −$3.8M | — | — |
| Operating cash flow | $656K | -82% | — |
| Free cash flow | $595K | -83% | — |
What changed
Revenue was $44.6M in Q1 2026, down 5% year over year and down 2% from the previous quarter. Subscription was the largest line at 97% of revenue. Subscription lost $1.7M year over year (down 4%), 73% of the total change.
Gross margin was 71.9%, up 2.3 points from Q1 2025. Operating costs exceeded revenue by $1.2M, an operating margin of -2.7%. Operating expenses fell 3% while revenue fell 5%. The quarter ended with a net loss of $3.8M, wider than the previous quarter's $575K loss.
Operating cash flow was $656K. Non-cash charges added back $1.2M of depreciation and amortization and $3.8M of share-based compensation. Working capital and other items used $525K. Capital expenditures of $61K left free cash flow of $595K.
Questions
What was Kaltura's revenue in the first quarter 2026?
Kaltura (KLTR) reported revenue of $44.6M for the first quarter 2026 (Q1 2026), -5% from a year earlier and -2% from the quarter before.
Was Kaltura profitable in the first quarter 2026?
Operating loss was $1.2M (-2.7% of revenue) and net loss $3.8M.
Source: Kaltura 10-Q on SEC EDGAR.