KALTURA INC Financials
KALTURA INC (KLTR) reported $180.9M in revenue for fiscal year 2025, up 1.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Kaltura’s recent improvement comes less from revenue growth than from cost discipline and better cash conversion.
Between FY2023 and FY2025, revenue added only$5.7M , yet the operating loss improved by$33.7M and free cash flow swung by$24.8M to positive. That pairing, alongside nearly breakeven EBITDA in FY2025, shows the business is being repaired mainly through margin expansion and spending restraint rather than top-line acceleration.
Gross margin rose from
Eliminating long-term debt from
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of KALTURA INC's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
KALTURA INC scores -2.46, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($234.9M) relative to total liabilities ($158.4M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
KALTURA INC passes 7 of 9 financial strength tests. 3 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
KALTURA INC reported a net loss of $12.1M while generating $14.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
KALTURA INC reported an operating loss of $5.0M against $2.2M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
KALTURA INC generated $180.9M in revenue in fiscal year 2025. This represents an increase of 1.2% from the prior year.
KALTURA INC's EBITDA was -$460K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 97.6% from the prior year.
KALTURA INC reported -$12.1M in net income in fiscal year 2025. This represents an increase of 61.4% from the prior year.
KALTURA INC earned -$0.08 per diluted share (EPS) in fiscal year 2025. This represents an increase of 61.9% from the prior year.
Cash & Balance Sheet
KALTURA INC generated $13.9M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 18.5% from the prior year.
KALTURA INC held $27.5M in cash against $0 in long-term debt as of fiscal year 2025, with $126.5M of liabilities due within a year.
Not reported for fiscal year 2025.
Margins & Returns
KALTURA INC's gross margin was 70.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 3.9 percentage points from the prior year.
KALTURA INC's operating margin was -2.7% in fiscal year 2025, reflecting core business profitability. This is up 10.7 percentage points from the prior year.
KALTURA INC's net profit margin was -6.7% in fiscal year 2025, showing the share of revenue converted to profit. This is up 10.8 percentage points from the prior year.
KALTURA INC's ROE was -190.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 62.2 percentage points from the prior year.
Capital Allocation
KALTURA INC invested $46.0M in research and development in fiscal year 2025. This represents a decrease of 7.0% from the prior year.
KALTURA INC spent $26.2M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 797.4% from the prior year.
KALTURA INC invested $661K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 26.9% from the prior year.
KLTR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $180.9M | $180.9M+1.2% | $178.7M+2.0% | $175.2M+3.8% | $168.8M+2.3% | $165.0M+37.0% | $120.4M+23.7% | $97.3M |
| Cost of Revenue | $50.6M | $53.2M-10.8% | $59.6M-5.3% | $62.9M+1.7% | $61.9M-0.7% | $62.3M+30.7% | $47.7M+33.8% | $35.6M |
| Gross Profit | $130.4M | $127.7M+7.2% | $119.1M+6.1% | $112.2M+5.0% | $106.9M+4.1% | $102.7M+41.1% | $72.8M+17.9% | $61.7M |
| R&D Expenses | $45.8M | $46.0M-7.0% | $49.4M-5.7% | $52.4M-8.7% | $57.4M+18.6% | $48.4M+63.6% | $29.6M+22.1% | $24.2M |
| SG&A Expenses | $38.9M | $40.8M-11.2% | $46.0M-5.6% | $48.7M+7.3% | $45.4M+15.0% | $39.5M+77.7% | $22.2M+50.4% | $14.8M |
| Operating Income | -$2.6M | -$5.0M+79.4% | -$24.1M+37.7% | -$38.7M+31.4% | -$56.4M-72.5% | -$32.7M-284.9% | -$8.5M-205.5% | -$2.8M |
| Interest Expense | $2.1M | $2.2M-16.4% | $2.7M-15.6% | $3.2M+38.1% | $2.3M-22.8% | $3.0M-27.2% | $4.1M-4.8% | $4.3M |
| Income Tax | $6.2M | $3.1M-60.0% | $7.7M-14.2% | $8.9M+13.3% | $7.9M+19.8% | $6.6M+84.9% | $3.6M+121.5% | $1.6M |
| Net Income | -$12.5M | -$12.1M+61.4% | -$31.3M+32.5% | -$46.4M+32.3% | -$68.5M-15.4% | -$59.4M-1.0% | -$58.8M-277.4% | -$15.6M |
| EPS (Diluted) | — | -$0.08+61.9% | -$0.21+38.2% | -$0.34 | N/A | N/A | N/A | N/A |
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
KLTR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Total Assets | $164.7M-9.2% | $181.3M-1.3% | $183.7M-10.9% | $206.2M-7.7% | $223.3M+145.5% | $91.0M | N/A |
| Current Assets | $90.7M-25.4% | $121.6M+8.8% | $111.7M-16.0% | $133.0M-24.3% | $175.6M+228.5% | $53.5M | N/A |
| Cash & Equivalents | $27.5M-16.8% | $33.1M-9.9% | $36.7M-17.8% | $44.6M-69.0% | $143.9M+419.5% | $27.7M+4.4% | $26.5M |
| Accounts Receivable | $16.4M-18.1% | $20.0M-14.3% | $23.3M-19.0% | $28.8M+64.4% | $17.5M+2.2% | $17.1M | N/A |
| Goodwill | $25.4M+129.6% | $11.1M0.0% | $11.1M0.0% | $11.1M0.0% | $11.1M0.0% | $11.1M+18.0% | $9.4M |
| Total Liabilities | $158.4M+0.9% | $156.9M+2.3% | $153.4M-5.8% | $162.8M+18.0% | $138.0M-60.7% | $351.6M | N/A |
| Current Liabilities | $126.5M+24.4% | $101.7M+1.8% | $99.9M-8.2% | $108.8M+11.0% | $98.1M+18.2% | $83.0M | N/A |
| Long-Term Debt | $0-100.0% | $29.2M-11.8% | $33.0M+10.1% | $30.0M-16.2% | $35.8M-24.1% | $47.2M | N/A |
| Total Equity | $6.3M-74.0% | $24.4M-19.6% | $30.3M-30.1% | $43.3M-49.2% | $85.3M+132.7% | -$260.7M-24.0% | -$210.3M |
| Retained Earnings | -$480.9M-2.6% | -$468.8M-7.2% | -$437.5M-11.9% | -$391.1M-21.2% | -$322.6M-22.5% | -$263.3M | N/A |
Not reported in any period shown, so not listed: Inventory.
KLTR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $11.6M | $14.5M+18.9% | $12.2M+247.3% | -$8.3M+82.3% | -$46.8M-111.8% | -$22.1M-480.9% | $5.8M+1468.6% | $370K |
| Capital Expenditures | $420K | $661K+26.9% | $521K-80.0% | $2.6M+114.0% | $1.2M-35.1% | $1.9M+67.8% | $1.1M-50.1% | $2.2M |
| Free Cash Flow | $11.2M | $13.9M+18.5% | $11.7M+207.4% | -$10.9M+77.3% | -$48.0M-100.3% | -$24.0M-611.9% | $4.7M+350.7% | -$1.9M |
| Investing Cash Flow | -$490K | $9.1M+172.9% | -$12.4M-684.2% | -$1.6M+96.8% | -$49.8M-849.2% | -$5.2M-90.9% | -$2.7M-0.5% | -$2.7M |
| Financing Cash Flow | -$20.7M | -$29.7M-739.0% | -$3.5M-3342.2% | $109K+120.6% | -$529K-100.4% | $143.4M+7862.2% | -$1.8M-715.7% | $300K |
| Share Buybacks | $16.6M | $26.2M+797.4% | $2.9M | $0 | $0 | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Dividends Paid.
TTM is the trailing twelve months, Q3 FY2025 through Q2 FY2026, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
KLTR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|---|
| Gross Margin | 70.6%+3.9pp | 66.6%+2.6pp | 64.1%+0.7pp | 63.3%+1.1pp | 62.2%+1.8pp | 60.4%-3.0pp | 63.4% |
| Operating Margin | -2.7%+10.7pp | -13.5%+8.6pp | -22.1%+11.3pp | -33.4%-13.6pp | -19.8%-12.8pp | -7.0%-4.2pp | -2.9% |
| Net Margin | -6.7%+10.8pp | -17.5%+8.9pp | -26.5%+14.1pp | -40.6%-4.6pp | -36.0%+12.8pp | -48.8%-32.8pp | -16.0% |
| Return on Equity | -190.7%-62.2pp | -128.4%+24.5pp | -152.9%+5.1pp | -158.0%-88.4pp | -69.6% | N/A | N/A |
| Return on Assets | -7.3%+9.9pp | -17.3%+8.0pp | -25.2%+8.0pp | -33.2%-6.6pp | -26.6%+38.0pp | -64.6% | N/A |
| Current Ratio | 0.72-0.5x | 1.20+0.1x | 1.12-0.1x | 1.22-0.6x | 1.79+1.1x | 0.64 | N/A |
| Debt-to-Equity | 0.00-1.2x | 1.20+0.1x | 1.09+0.4x | 0.69+0.3x | 0.42 | N/A | N/A |
| FCF Margin | 7.7%+1.1pp | 6.6%+12.8pp | -6.2%+22.2pp | -28.5%-13.9pp | -14.5%-18.4pp | 3.9%+5.8pp | -1.9% |
Note: The current ratio is below 1.0 (0.72), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Where KALTURA INC Ranks
Frequently Asked Questions
What is KALTURA INC's annual revenue?
KALTURA INC (KLTR) reported $180.9M in total revenue for fiscal year 2025. This represents a 1.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is KALTURA INC's revenue growing?
KALTURA INC (KLTR) revenue grew by 1.2% year-over-year, from $178.7M to $180.9M in fiscal year 2025.
Is KALTURA INC profitable?
No, KALTURA INC (KLTR) reported a net income of -$12.1M in fiscal year 2025, with a net profit margin of -6.7%.
What is KALTURA INC's EBITDA?
KALTURA INC (KLTR) had EBITDA of -$460K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does KALTURA INC have?
As of fiscal year 2025, KALTURA INC (KLTR) had $27.5M in cash and equivalents against $0 in long-term debt.
What is KALTURA INC's gross margin?
KALTURA INC (KLTR) had a gross margin of 70.6% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is KALTURA INC's operating margin?
KALTURA INC (KLTR) had an operating margin of -2.7% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is KALTURA INC's net profit margin?
KALTURA INC (KLTR) had a net profit margin of -6.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is KALTURA INC's return on equity (ROE)?
KALTURA INC (KLTR) has a return on equity of -190.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is KALTURA INC's free cash flow?
KALTURA INC (KLTR) generated $13.9M in free cash flow during fiscal year 2025. This represents a 18.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is KALTURA INC's operating cash flow?
KALTURA INC (KLTR) generated $14.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are KALTURA INC's total assets?
KALTURA INC (KLTR) had $164.7M in total assets as of fiscal year 2025, including both current and long-term assets.
What are KALTURA INC's capital expenditures?
KALTURA INC (KLTR) invested $661K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does KALTURA INC spend on research and development?
KALTURA INC (KLTR) invested $46.0M in research and development during fiscal year 2025.
What is KALTURA INC's current ratio?
KALTURA INC (KLTR) had a current ratio of 0.72 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is KALTURA INC's debt-to-equity ratio?
KALTURA INC (KLTR) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is KALTURA INC's return on assets (ROA)?
KALTURA INC (KLTR) had a return on assets of -7.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is KALTURA INC's Altman Z-Score?
KALTURA INC (KLTR) has an Altman Z-Score of -2.46, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is KALTURA INC's Piotroski F-Score?
KALTURA INC (KLTR) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are KALTURA INC's earnings high quality?
KALTURA INC (KLTR) reported a net loss of $12.1M while generating $14.5M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can KALTURA INC cover its interest payments?
KALTURA INC (KLTR) reported an operating loss of $5.0M against $2.2M in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is KALTURA INC?
KALTURA INC (KLTR) scores 67 out of 100 on our Financial Health Score, indicating strong standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.