Kaltura (KLTR) Operating Margin (2020 - 2026)
Kaltura (KLTR) recorded quarterly Operating Margin of 2.74% in Q1 2026, down 242.92% quarter-over-quarter from 1.92% in Q4 2025, and up 61.0% on a YoY basis from 1.7% in Q1 2025.
Kaltura (KLTR) Operating Margin (2020 - 2026) Analysis & Trends
Kaltura's Operating Margin history runs 7 years deep, the most recent figure standing at 2.74% for Q1 2026.
- In Q1 2026, Operating Margin rose 61.0% year-over-year to 2.74%; the TTM figure through Mar 2026 stood at 2.58% (up 758.0% YoY), while the FY2025 annual figure was 2.74%, up 1074.0% from the prior year.
- Operating Margin was 2.74% for Q1 2026 at Kaltura, down from 1.92% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 1.92% in Q4 2025 to a low of 36.94% in Q2 2022.
- Historically, Operating Margin has averaged 17.08% across 5 years, with a median of 19.09% in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Margin slumped 2307 bps in 2022, then soared 1709 bps in 2023.
- A 5-year view of Operating Margin shows it stood at 25.79% in 2022, then rose by 23 bps to 19.83% in 2023, then soared by 58 bps to 8.32% in 2024, then surged by 123 bps to 1.92% in 2025, then sank by 243 bps to 2.74% in 2026.
- The last three Operating Margin figures came in at 2.74% (Q1 2026), 1.92% (Q4 2025), and 3.43% (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn | 28.69% |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - | - |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn | 21.08% |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn | 14.56% |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn | 12.05% |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn | 13.34% |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn | 29.26% |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn | 37.79% |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn | -22.99% |
| 10 | Kaltura | 204.18 Mn | 142.37 Mn | 32.11 Mn | -2.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -13.87% |