Kaltura, Inc. (KLTR), a leading provider of rich, agentic digital experience platforms, announced its financial results for the fourth quarter and full year ended December 31, 2025, showcasing significant growth and operational momentum. The company reported total revenue of $45.5 million for Q4 2025, surpassing the midpoint of its guidance range, with subscription revenue reaching $42.7 million, exceeding expectations. Adjusted EBITDA for the quarter was $6.3 million, marking the tenth consecutive quarter of profitability in this metric.

For the full year, Kaltura achieved total revenue of $180.9 million, reflecting a 1% year-over-year growth, and an impressive 150% increase in Adjusted EBITDA to $18.6 million, significantly exceeding the company's initial guidance. CEO Ron Yekutiel expressed optimism about the company's trajectory, highlighting the successful integration of AI capabilities through recent acquisitions, including eSelf.ai and the newly announced acquisition of PathFactory for approximately $22 million. This strategic move is expected to enhance Kaltura's offerings in AI-driven content and user engagement solutions.

The company also announced the appointment of Greg Dracon to its Board of Directors, effective March 16, 2026. Dracon, a general partner at Point 406 Ventures, brings extensive experience in data and AI investing, having previously served on Kaltura's board from 2015 to 2021. His return is anticipated to strengthen the company's strategic direction as it continues to evolve in the digital experience market.

Kaltura's outlook for Q1 2026 includes projected subscription revenue between $41.2 million and $42.0 million, with total revenue expected between $42.6 million and $43.4 million. The company aims to maintain its growth trajectory while navigating the evolving landscape of digital engagement and AI technologies.

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