Filing Flows › Kaltura (KLTR) › Q2 2025
Kaltura (KLTR) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Kaltura (KLTR) reported revenue of $44.5M for the second quarter 2025 (Q2 2025), +1% from a year earlier and -5% from the quarter before. Operating margin was -6.2%, net loss $7.8M (17.4% of revenue).
Kaltura, Q2 2025: revenue $44.5M (+1% year over year), operating margin -6.2%, net loss $7.8M, operating cash flow $2.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $44.5M | -5% | +1% |
| Operating profit | −$2.8M | — | — |
| Net earnings | −$7.8M | — | — |
| Operating cash flow | $2.7M | — | — |
| Free cash flow | $2.5M | — | — |
What changed
Revenue was $44.5M in Q2 2025, up 1% year over year and down 5% from the previous quarter. Subscription was the largest line at 95% of revenue. Subscription added $1.4M year over year (up 3%), 319% of the total change. Professional services declined 31%.
Gross margin was 70.2%, up 5.1 points from a year earlier. Operating costs exceeded revenue by $2.8M, an operating margin of -6.2%. Operating expenses fell 9% while revenue rose 1%. The quarter ended with a net loss of $7.8M, wider than the previous quarter's $1.1M loss. Net interest and other expense of $4.6M was the main reason.
Operating cash flow was $2.7M. Non-cash charges added back $1.1M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items added $5.2M. Capital expenditures of $126K left free cash flow of $2.5M.
Questions
What was Kaltura's revenue in the second quarter 2025?
Kaltura (KLTR) reported revenue of $44.5M for the second quarter 2025 (Q2 2025), +1% from a year earlier and -5% from the quarter before.
Was Kaltura profitable in the second quarter 2025?
Operating loss was $2.8M (-6.2% of revenue) and net loss $7.8M.
Source: Kaltura 10-Q on SEC EDGAR.