Filing Flows › Kaltura (KLTR) › Q4 2025
Kaltura (KLTR) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 16, 2026
Kaltura (KLTR) reported revenue of $45.5M for the fourth quarter 2025 (Q4 2025), -0.1% from a year earlier and +4% from the quarter before. Operating margin was 1.9%, net loss $575K (1.3% of revenue).
Kaltura, Q4 2025: revenue $45.5M (-0.1% year over year), operating margin 1.9%, net loss $575K, operating cash flow $3.6M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $45.5M | +4% | -0.1% |
| Operating profit | $874K | — | — |
| Net earnings | −$575K | — | — |
| Operating cash flow | $3.6M | -61% | -15% |
| Free cash flow | $3.5M | -62% | -16% |
What changed
Revenue was $45.5M in Q4 2025, roughly flat year over year and up 4% from the previous quarter. Subscription was the largest line at 94% of revenue.
Gross margin was 72.4%, up 1.7 points from Q4 2024. Operating profit was $874K, a 1.9% margin (up 10.2 points year over year). Operating expenses fell 11% while revenue was flat. The quarter ended with a net loss of $575K, narrower than the previous quarter's $2.6M loss. Net interest and other expense of $1.4M was the main reason.
Operating cash flow was $3.6M (down 15% year over year). Non-cash charges added back $1.1M of depreciation and amortization and $3.8M of share-based compensation. Working capital and other items used $714K. Capital expenditures of $127K left free cash flow of $3.5M.
Questions
What was Kaltura's revenue in the fourth quarter 2025?
Kaltura (KLTR) reported revenue of $45.5M for the fourth quarter 2025 (Q4 2025), -0.1% from a year earlier and +4% from the quarter before.
Was Kaltura profitable in the fourth quarter 2025?
Operating profit was $874K (1.9% of revenue) and net loss $575K.
Source: Kaltura 10-K on SEC EDGAR.