Kaltura | 10-Q: FY2025 Q3 Revenue Beats Estimate at USD 43.87 M

LB filings

2025.11.10 21:34

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Revenue: As of FY2025 Q3, the actual value is USD 43.87 M, beating the estimate of USD 43.25 M.

EPS: As of FY2025 Q3, the actual value is USD -0.02.

EBIT: As of FY2025 Q3, the actual value is USD -1.728 M.

Subscription Revenue: $31.8 million for Q3 2025, up from $31.5 million in Q3 2024, a 1% increase.
Professional Services Revenue: $0.5 million for Q3 2025, down from $0.8 million in Q3 2024, a 37% decrease.
Total Revenue: $32.4 million for Q3 2025, up from $32.3 million in Q3 2024.

Subscription Gross Profit: $26.2 million for Q3 2025, up from $25.8 million in Q3 2024, a 1% increase.
Professional Services Gross Loss: -$1.7 million for Q3 2025, up from -$1.3 million in Q3 2024, a 29% increase in loss.
Total Gross Profit: $24.5 million for Q3 2025, consistent with $24.5 million in Q3 2024.

Subscription Revenue: $10.1 million for Q3 2025, down from $10.6 million in Q3 2024, a 4% decrease.
Professional Services Revenue: $1.4 million for Q3 2025, consistent with $1.4 million in Q3 2024.
Total Revenue: $11.5 million for Q3 2025, down from $12.0 million in Q3 2024, a 4% decrease.

Subscription Gross Profit: $5.9 million for Q3 2025, up from $5.8 million in Q3 2024, a 2% increase.
Professional Services Gross Profit: $0.3 million for Q3 2025, up from -$0.8 million in Q3 2024, a 134% increase.
Total Gross Profit: $6.2 million for Q3 2025, up from $5.0 million in Q3 2024, a 24% increase.

Core Business Focus: The company is focused on expanding its platform capabilities, acquiring new customers across key verticals, and increasing revenue from existing customers through cross-selling and upselling additional solutions. The introduction of generative AI is expected to further amplify demand and drive growth.
Non-Core Business: The company has implemented a reorganization plan to increase efficiency and productivity, including downsizing approximately 10% of its workforce. This plan is expected to result in annualized cost reductions of approximately $8.5 million.
Priority: The company aims to continue enhancing its platform’s capabilities, integrating generative AI features, and expanding its customer base across industries and geographies.