Filing Flows › Kaltura (KLTR) › Q3 2025
Kaltura (KLTR) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 10, 2025
Kaltura (KLTR) reported revenue of $43.9M for the third quarter 2025 (Q3 2025), -1% from a year earlier and -1% from the quarter before. Operating margin was -3.4%, net loss $2.6M (6.0% of revenue).
Kaltura, Q3 2025: revenue $43.9M (-1% year over year), operating margin -3.4%, net loss $2.6M, operating cash flow $9.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $43.9M | -1% | -1% |
| Operating profit | −$1.5M | — | — |
| Net earnings | −$2.6M | — | — |
| Operating cash flow | $9.3M | +249% | -13% |
| Free cash flow | $9.2M | +262% | -13% |
What changed
Revenue was $43.9M in Q3 2025, down 1% year over year and down 1% from the previous quarter. Subscription was the largest line at 96% of revenue. Professional services lost $320K year over year (down 14%), 75% of the total change.
Gross margin was 70.0%, up 3.4 points from a year earlier. Operating costs exceeded revenue by $1.5M, an operating margin of -3.4%. Operating expenses fell 5% while revenue fell 1%. The quarter ended with a net loss of $2.6M, narrower than the previous quarter's $7.8M loss.
Operating cash flow was $9.3M (down 13% year over year). Non-cash charges added back $1.1M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items added $6.8M. Capital expenditures of $111K left free cash flow of $9.2M.
Questions
What was Kaltura's revenue in the third quarter 2025?
Kaltura (KLTR) reported revenue of $43.9M for the third quarter 2025 (Q3 2025), -1% from a year earlier and -1% from the quarter before.
Was Kaltura profitable in the third quarter 2025?
Operating loss was $1.5M (-3.4% of revenue) and net loss $2.6M.
Source: Kaltura 10-Q on SEC EDGAR.