Kaltura (KLTR) Operating Margin (2020 - 2026)
Kaltura's Operating Margin was -1.65% in Q2 2026, up 4.55 percentage points from -6.20% a year earlier and up 1.09 percentage points from the prior quarter.
Kaltura (KLTR) Operating Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Kaltura's Operating Margin was -1.45% through Jun 30, 2026, up 5.49 percentage points year-over-year; for FY2025, it came in at -2.74%, up 10.74 percentage points from FY2024.
- Operating Margin has now increased for three consecutive years, with a five-year change of +4.30 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was -13.48% in FY2024 (+8.58 pp), -22.07% in FY2023 (+11.33 pp), -33.40% in FY2022 (-13.60 pp) and -19.80% in FY2021 (-12.75 pp).
- Quarterly Operating Margin has moved between -36.94% (Q2 2022) and 1.92% (Q4 2025) over five years.
- Compared with a year earlier, Operating Margin has increased for 15 straight quarters, with an average year-over-year change of +8.59 percentage points over the last eight quarters.
- The best year-over-year quarter for Operating Margin over five years was Q3 2023 (a gain of 17.09 percentage points); the worst was Q4 2021 (a drop of 25.47 percentage points).
- Per Business Quant data, KLTR's Operating Margin in the three quarters before Q2 2026 was -2.74% (Q1 2026), 1.92% (Q4 2025) and -3.43% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 30.88% |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 33.38% |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 5.64% |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 13.62% |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 13.32% |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 34.00% |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 24.71% |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 77.68% |
| 10 | Kaltura | 197.28 Mn | -19.90 Mn | 34.54 Mn | -1.65% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.65% |
| Mar 31, 2026 | -2.74% |
| Dec 31, 2025 | 1.92% |
| Sep 30, 2025 | -3.43% |
| Jun 30, 2025 | -6.20% |
| Mar 31, 2025 | -3.36% |
| Dec 31, 2024 | -8.32% |
| Sep 30, 2024 | -10.08% |
| Jun 30, 2024 | -19.42% |
| Mar 31, 2024 | -16.28% |
| Dec 31, 2023 | -19.83% |
| Sep 30, 2023 | -19.09% |
| Jun 30, 2023 | -21.79% |
| Mar 31, 2023 | -27.64% |
| Dec 31, 2022 | -25.79% |
| Sep 30, 2022 | -36.18% |
| Jun 30, 2022 | -36.94% |
| Mar 31, 2022 | -35.14% |
| Dec 31, 2021 | -29.10% |
| Sep 30, 2021 | -13.66% |
Kaltura Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=KLTR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "KLTR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=KLTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();