Kaltura (KLTR) Q2 FY26 earnings call

Kaltura delivered a strong second quarter, surpassing revenue and adjusted EBITDA guidance, driven by record non-GAAP gross margins and significant traction in AI product adoption. The company is actively integrating PathFactory and expanding its agentic digital experience platform, with a growing AI-related pipeline indicating future revenue contributions. While some legacy contracts and the M&T segment face headwinds, management remains confident in its strategic transition and long-term growth trajectory.