Kaltura Inc Q4 adjusted profit rises sharply, driven by new bookings
Overview
Digital experience platform's Q4 revenue nearly flat yr/yr, slightly above company guidance midpoint
Adjusted net income and adjusted operating income rose sharply from prior year
Company closed eSelf.ai acquisition in Q4
Co to buy PathFactory to expand AI capabilities
Outlook
Kaltura sees Q1 2026 total revenue between $42.6 mln and $43.4 mln
Company expects full-year 2026 total revenue between $181.2 mln and $184.2 mln
Result Drivers
NEW BOOKINGS AND RETENTION - Co said Q4 saw highest level of new bookings in 2025 and highest gross retention, with notable AI-related deals across multiple industries
SEGMENT PERFORMANCE - Enterprise, Education and Technology revenue rose 4% yr/yr, while Media & Telecom revenue declined 12% due to churn
Company press release: ID:nGNX9mdVHc
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Revenue | Slight Beat* | $45.5 mln | $45.35 mln (2 Analysts) |
Q4 Adjusted Net Income | Beat | $5.2 mln | $50,000 (2 Analysts) |
Q4 Net Income |
| -$600,000 |
|
Q4 Adjusted Operating Income | Beat | $5.2 mln | $3.55 mln (2 Analysts) |
Q4 Adjusted Gross Margin |
| 73% |
|
Q4 Operating Income |
| $900,000 |
|
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the software peer group is "buy"
Wall Street's median 12-month price target for Kaltura Inc is $3.50, about 159.3% above its March 13 closing price of $1.35
The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 30 three months ago
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