Kaltura reports adjusted EBITDA up 44.00 percent. Kaltura stock gains 4.13 percent

Published on 10/20/2026 at 18:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached USD 46.90 million, up 5.00 percent. Kaltura stock costs EUR 1.26 on October 20, 2026, 4.13 percent above Frankfurt close.

Adjusted EBITDA and market move

Kaltura reported adjusted EBITDA of USD 5.90 million, up 44.00 percent, on October 8, 2026.
Second-quarter subscription revenue rose 8.00 percent to USD 45.60 million.
Kaltura stock costs EUR 1.26 at Lang & Schwarz on October 20, 2026 at 6:33 p.m. CEST, up 4.13 percent versus the Frankfurt close.
Management scheduled a Needham Tech Week event for November 18, 2026.

KLTR, US4834671061, Illustration mit AI erstellt.

Kaltura (ISIN US4834671061) posted adjusted EBITDA of USD 5.90 million in the second quarter of 2026, up 44.00 percent from USD 4.10 million, as Benzinga reported on October 8, 2026. The result was the company's highest second-quarter adjusted EBITDA to date. At Lang & Schwarz, Kaltura was trading at EUR 1.26 on October 20, 2026 at 6:33 p.m. CEST, up 4.13 percent versus the Frankfurt close of October 19, 2026 at EUR 1.21.

Subscription revenue led the quarter

Total revenue reached USD 46.90 million in the second quarter of 2026, up 5.00 percent from USD 44.70 million a year earlier. Subscription revenue rose 8.00 percent to USD 45.60 million, while the non-GAAP gross margin reached 75.00 percent, according to Benzinga.

The operating mix remained uneven. Enterprise, Education, and Technology revenue rose 11.00 percent year over year to USD 36.80 million, while Media and Telecom revenue fell 10.00 percent to USD 10.10 million in the same quarter.

What does the margin say?

The adjusted EBITDA margin was 12.00 percent in the second quarter of 2026, 3.00 percentage points above the year-earlier level. Kaltura also reported a GAAP net loss of USD 5.50 million, or USD 0.04 per diluted share, compared with a USD 7.80 million loss and USD 0.05 per diluted share in the second quarter of 2025.

Price position and upcoming dates

The Nasdaq-listed stock had a USD 1.05 to USD 2.05 52-week range as of October 20, 2026. Its USD 1.42 Nasdaq price at 12:39 p.m. ET was 30.73 percent above the yearly low and 30.73 percent below the yearly high. Kaltura's market capitalization was USD 215.9 million and its trailing P/E ratio was negative 15.79.

Kaltura scheduled a 1x1 meeting during Needham Virtual Tech Week for November 18, 2026, followed by the Needham Growth Conference on January 12, 2027.

Comparison with peers

Kaltura: up 4.13 percent, P/E negative 15.79, market capitalization USD 215.9 million.

Zoom Communications (Nasdaq, USD): up 0.35 percent, P/E 9.09, market capitalization USD 28.6 billion.

RingCentral (NYSE, USD): up 3.50 percent, P/E 65.54, market capitalization USD 6.0 billion.

Investors weigh growth against execution

Kaltura's second-quarter figures show improving profitability alongside modest revenue growth. Management guided to full-year 2026 subscription revenue of USD 176.60 million to USD 178.60 million and adjusted EBITDA of USD 15.80 million to USD 17.20 million, while the Media and Telecom segment remains a drag on the consolidated growth rate.

The stock was trading at EUR 1.26 at Lang & Schwarz on October 20, 2026 at 6:33 p.m. CEST, 4.13 percent above the Frankfurt close of October 19, 2026 at EUR 1.21. The further course of trading is shown by the continuously updated real-time quote of Kaltura stock.