Kaltura Reports Record Revenue and Improved Net Loss

Kaltura, Inc. ( (KLTR) ) has released its Q1 earnings. Here is a breakdown of the information Kaltura, Inc. presented to its investors.

Kaltura, Inc. is a company specializing in AI-infused video experience solutions, offering a cloud platform for enterprise and TV content management across various sectors, including education, technology, and media.

In its first quarter of 2025, Kaltura reported surpassing its financial guidance with record-setting total and subscription revenue, alongside a notable improvement in net loss on a GAAP basis. The company also achieved record annualized recurring revenue (ARR) and the highest net dollar retention rate since 2022.

Key financial highlights include a 5% increase in total revenue to $47 million and a 9% rise in subscription revenue to $44.9 million compared to the previous year. The company reported a GAAP net loss of $1.1 million, a significant improvement from the $11.1 million loss in the same quarter of 2024. Non-GAAP net income reached $3.5 million, and adjusted EBITDA was $4.1 million, up from $0.6 million in the prior year.

Kaltura’s strategic focus includes growth through customer consolidation, new product maturity, and the adoption of generative AI capabilities. The company closed several high-value deals and noted growing interest in its Gen AI products, which could drive future upsell opportunities.

Looking ahead, Kaltura anticipates continued growth in new bookings and expects subscription revenue to range between $170.4 million and $173.4 million for the full year 2025, with total revenue projected between $179.9 million and $182.9 million. The company remains optimistic about its growth potential within its existing customer base and gradual expansion of its sales force.