KLTRNasdaqServices-Prepackaged SoftwareFiscal year ends December 31
KALTURA INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026
$1.40+0.02 (+1.45%)
Close on Oct 19, 2026
- Market cap
- $206.62M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2025
Gross margin
70.6%+10.2 pts over 5 years
Operating margin
-2.7%+4.3 pts over 5 years
Net margin
-6.7%+42.1 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1.2% | +2.3% | +8.5% | – | |
| Gross profit | +7.2% | +6.1% | +11.9% | – | |
| Free cash flow | +18.5% | – | +24.3% | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 25.0% | -78.6% | |
| Return on assets | – | – | -7.0% | |
| Current ratio | – | 0.64 | 0.72 | |
| Debt to equity | – | -0.18 | 4.59 | |
| Net debt to EBITDA | – | -24.39× | -3.29× | |
| Interest coverage | – | -2.1× | -2.2× | |
| Capex to revenue | – | 0.9% | 0.4% | |
| Diluted shares | – | 25M | 153M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Kaltura generated $104.02M from operations and spent $36.01M on capital expenditure, dividends and share buybacks. 19% of that went back into the business.
Generated
$104.02M
Used
$36.01M
Capital expenditure$6.88M19%Dividends$00%Share buybacks$29.13M81%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-6.7%
×Asset turnover1.05×
×Equity multiplier11.26×
=Return on equity, FY2025-78.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -6.7% | 1.05× | 11.26× | -78.6% |
| FY2024 | -17.5% | 0.98× | 6.67× | -114.5% |
| FY2023 | -26.5% | 0.90× | 5.29× | -125.9% |
| FY2022 | -40.6% | 0.79× | 3.34× | -106.5% |
| FY2021 | -36.0% | 1.05× | -1.79× | 67.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$12.07M
- Cash generatingOperating cash flow above zero$14.54M
- Return on assets improvedROA up on the prior year-17.0% → -6.7%
- Earnings backed by cashOperating cash flow above net income$14.54M vs -$12.07M
- Less leverageLong-term debt to assets fell16.1% → 0.0%
- Better liquidityCurrent ratio rose1.20 → 0.72
- No dilutionShare count did not rise148M → 153M
- Gross margin improvedGross margin up on the prior year66.65% → 70.59%
- More efficientAsset turnover rose0.97 → 1.00