KRNT
Kornit Digital Ltd.
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Latest Quote
$16.84
| Previous Close | $16.72 |
| Open | $16.71 |
| Day High | $16.90 |
| Day Low | $16.65 |
| Volume | 309,316 |
Stock Information
| Shares Outstanding | 42.97M |
| Total Debt | $18.31M |
| Cash Equivalents | $429.73M |
| Revenue | $215.85M |
| Net Income | $-20.32M |
| Sector | Industrials |
| Industry | Specialty Industrial Machinery |
| Market Cap | $723.56M |
| EPS (TTM) | $-0.47 |
| Exchange | NMS |
Recent Price History
About Kornit Digital Ltd.
Kornit Digital Ltd. develops, designs, and markets digital printing solutions for the fashion, apparel, and home decor segments of printed textile industry in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. Its solutions include digital printing systems, ink and other consumables, associated software, and value-added services for printing scale short and long runs of images and designs directly on garments and fabrics. The company also offers direct-to-garment printing platform for smaller industrial operators to mass producers; direct-to-fabric printing; NeoPigment ink and other consumables; QuickP production software embedded; and system upgrade kits, maintenance and support, consulting, and professional services. In addition, it provides Apollo, a digital mass production platform; K-RIP, Raster Image Processor (RIP) solution that is integrated into the Apollo which enables to print spot colors and specific Pantones; Rapid Size Shifter (RSS) Pallet, a single adjustable pallet for multiple applications and product sizes; and Atlas MAX Plus system which uses the company's Atlas MAX platform to increase productivity of up to 150 garments per hour. The company also serves decorators, online businesses, brand owners, and contract printers. Kornit Digital Ltd. was incorporated in 2002 and is headquartered in Rosh Haayin, Israel.
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $115,934,000 | $112,063,000 | $152,829,000 | $175,018,000 |
| Cost Of Revenue | $115,934,000 | $112,063,000 | $152,829,000 | $175,018,000 |
| Total Revenue | $208,200,000 | $203,825,000 | $219,786,000 | $271,518,000 |
| Operating Revenue | $208,200,000 | $203,825,000 | $219,786,000 | $271,518,000 |
| Expenses | ||||
| Total Expenses | $242,772,000 | $241,140,000 | $307,317,000 | $341,400,000 |
| Other Income Expense | $800,000 | $-864,000 | $-3,203,000 | $596,000 |
| Net Non Operating Interest Income Expense | $21,119,000 | $23,214,000 | $27,353,000 | $12,786,000 |
| Total Other Finance Cost | $864,000 | $247,000 | $236,000 | $265,000 |
| Operating Expense | $126,838,000 | $129,077,000 | $154,488,000 | $166,382,000 |
| Selling And Marketing Expense | $58,722,000 | $58,413,000 | $66,836,000 | $71,067,000 |
| General And Administrative Expense | $30,385,000 | $29,086,000 | $37,592,000 | $39,289,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-13,518,000 | $-16,800,000 | $-64,351,000 | $-79,065,000 |
| Net Interest Income | $21,119,000 | $23,214,000 | $27,353,000 | $12,786,000 |
| Interest Income | $21,983,000 | $23,461,000 | $27,589,000 | $13,051,000 |
| Normalized Income | $-13,397,130 | $-15,810,130 | $-62,416,290 | $-80,973,640 |
| Net Income From Continuing And Discontinued Operation | $-13,518,000 | $-16,800,000 | $-64,351,000 | $-79,065,000 |
| Total Operating Income As Reported | $-34,572,000 | $-37,315,000 | $-87,531,000 | $-69,882,000 |
| Net Income Common Stockholders | $-13,518,000 | $-16,800,000 | $-64,351,000 | $-79,065,000 |
| Net Income | $-13,518,000 | $-16,800,000 | $-64,351,000 | $-79,065,000 |
| Net Income Including Noncontrolling Interests | $-13,518,000 | $-16,800,000 | $-64,351,000 | $-79,065,000 |
| Net Income Continuous Operations | $-13,518,000 | $-16,800,000 | $-64,351,000 | $-79,065,000 |
| Pretax Income | $-12,653,000 | $-14,965,000 | $-63,381,000 | $-56,500,000 |
| Interest Income Non Operating | $21,983,000 | $23,461,000 | $27,589,000 | $13,051,000 |
| Operating Income | $-34,572,000 | $-37,315,000 | $-87,531,000 | $-69,882,000 |
| Gross Profit | $92,266,000 | $91,762,000 | $66,957,000 | $96,500,000 |
| Per Share | ||||
| Diluted EPS | $-0.30 | $-0.35 | $-1.31 | $-1.58 |
| Basic EPS | $-0.30 | $-0.35 | $-1.31 | $-1.58 |
| Other | ||||
| Tax Effect Of Unusual Items | $-32,130 | $-263,130 | $-514,290 | $507,360 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-22,522,000 | $-23,015,000 | $-70,382,000 | $-58,733,000 |
| Total Unusual Items | $-153,000 | $-1,253,000 | $-2,449,000 | $2,416,000 |
| Total Unusual Items Excluding Goodwill | $-153,000 | $-1,253,000 | $-2,449,000 | $2,416,000 |
| Reconciled Depreciation | $11,897,000 | $13,047,000 | $14,700,000 | $13,565,000 |
| EBITDA (Bullshit earnings) | $-22,675,000 | $-24,268,000 | $-72,831,000 | $-56,317,000 |
| EBIT | $-34,572,000 | $-37,315,000 | $-87,531,000 | $-69,882,000 |
| Diluted Average Shares | $45,244,517 | $47,482,820 | $49,160,266 | $50,104,342 |
| Basic Average Shares | $45,244,517 | $47,482,820 | $49,160,266 | $50,104,342 |
| Diluted NI Availto Com Stockholders | $-13,518,000 | $-16,800,000 | $-64,351,000 | $-79,065,000 |
| Tax Provision | $865,000 | $1,835,000 | $970,000 | $22,565,000 |
| Securities Amortization | $-953,000 | $-389,000 | $754,000 | $1,820,000 |
| Gain On Sale Of Security | $-153,000 | $-1,253,000 | $-2,449,000 | $2,416,000 |
| Research And Development | $37,731,000 | $41,578,000 | $50,060,000 | $56,026,000 |
| Selling General And Administration | $89,107,000 | $87,499,000 | $104,428,000 | $110,356,000 |
| Other Gand A | $30,385,000 | $29,086,000 | $37,592,000 | $39,289,000 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $673,980,000 | $692,014,000 | $758,856,000 | $829,768,000 |
| Total Assets | $770,510,000 | $787,484,000 | $865,580,000 | $957,666,000 |
| Total Non Current Assets | $174,994,000 | $172,095,000 | $343,193,000 | $378,827,000 |
| Other Non Current Assets | $16,018,000 | $10,542,000 | $8,209,000 | $5,927,000 |
| Investmentin Financial Assets | $33,332,000 | $48,086,000 | $223,203,000 | $245,970,000 |
| Goodwill And Other Intangible Assets | $38,593,000 | $34,885,000 | $36,811,000 | $39,054,000 |
| Other Intangible Assets | $9,429,000 | $5,721,000 | $7,647,000 | $9,890,000 |
| Current Assets | $595,516,000 | $615,389,000 | $522,387,000 | $578,839,000 |
| Other Current Assets | $29,661,000 | $25,714,000 | $28,546,000 | $22,054,000 |
| Inventory | $47,211,000 | $60,342,000 | $67,712,000 | $89,415,000 |
| Receivables | $60,796,000 | $65,459,000 | $93,632,000 | $67,360,000 |
| Accounts Receivable | $60,796,000 | $65,459,000 | $93,632,000 | $67,360,000 |
| Allowance For Doubtful Accounts Receivable | $-9,746,000 | $-9,243,000 | $-5,227,000 | $-738,000 |
| Gross Accounts Receivable | $70,542,000 | $74,702,000 | $98,859,000 | $68,098,000 |
| Cash Cash Equivalents And Short Term Investments | $457,848,000 | $463,874,000 | $332,497,000 | $400,010,000 |
| Cash And Cash Equivalents | $35,476,000 | $35,003,000 | $39,605,000 | $104,597,000 |
| Non Current Deferred Assets | - | - | - | $0 |
| Non Current Deferred Taxes Assets | - | - | - | $0 |
| Non Current Prepaid Assets | - | - | - | - |
| Other Receivables | - | - | - | - |
| Debt | ||||
| Total Debt | $18,613,000 | $18,376,000 | $23,606,000 | $26,024,000 |
| Long Term Debt And Capital Lease Obligation | $14,727,000 | $15,065,000 | $18,533,000 | $21,035,000 |
| Current Debt And Capital Lease Obligation | $3,886,000 | $3,311,000 | $5,073,000 | $4,989,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $57,937,000 | $60,585,000 | $69,913,000 | $88,844,000 |
| Total Non Current Liabilities Net Minority Interest | $15,944,000 | $16,254,000 | $19,811,000 | $23,474,000 |
| Other Non Current Liabilities | $62,000 | $138,000 | $198,000 | $1,216,000 |
| Current Liabilities | $41,993,000 | $44,331,000 | $50,102,000 | $65,370,000 |
| Other Current Liabilities | $3,225,000 | $3,477,000 | $3,014,000 | $4,984,000 |
| Current Deferred Liabilities | $1,529,000 | $2,339,000 | $2,158,000 | $5,701,000 |
| Payables And Accrued Expenses | $18,469,000 | $19,808,000 | $25,247,000 | $32,826,000 |
| Payables | $6,059,000 | $9,019,000 | $6,936,000 | $14,833,000 |
| Accounts Payable | $6,059,000 | $9,019,000 | $6,936,000 | $14,833,000 |
| Equity | ||||
| Common Stock Equity | $712,573,000 | $726,899,000 | $795,667,000 | $868,822,000 |
| Total Equity Gross Minority Interest | $712,573,000 | $726,899,000 | $795,667,000 | $868,822,000 |
| Stockholders Equity | $712,573,000 | $726,899,000 | $795,667,000 | $868,822,000 |
| Gains Losses Not Affecting Retained Earnings | $2,623,000 | $-868,000 | $-7,210,000 | $-17,424,000 |
| Other Equity Adjustments | $2,623,000 | $-868,000 | $-7,210,000 | $-17,424,000 |
| Retained Earnings | $-130,252,000 | $-116,734,000 | $-99,934,000 | $-35,583,000 |
| Other | ||||
| Treasury Shares Number | $5,626,182 | $4,984,877 | $2,652,051 | - |
| Ordinary Shares Number | $46,290,822 | $46,051,461 | $47,719,633 | $49,952,942 |
| Share Issued | $51,917,004 | $51,036,338 | $50,371,684 | $49,952,942 |
| Tangible Book Value | $673,980,000 | $692,014,000 | $758,856,000 | $829,768,000 |
| Invested Capital | $712,573,000 | $726,899,000 | $795,667,000 | $868,822,000 |
| Working Capital | $553,523,000 | $571,058,000 | $472,285,000 | $513,469,000 |
| Capital Lease Obligations | $18,613,000 | $18,376,000 | $23,606,000 | $26,024,000 |
| Total Capitalization | $712,573,000 | $726,899,000 | $795,667,000 | $868,822,000 |
| Treasury Stock | $166,875,000 | $121,691,000 | $55,770,000 | $0 |
| Additional Paid In Capital | $1,006,943,000 | $966,058,000 | $958,447,000 | $921,695,000 |
| Capital Stock | $134,000 | $134,000 | $134,000 | $134,000 |
| Common Stock | $134,000 | $134,000 | $134,000 | $134,000 |
| Employee Benefits | $1,155,000 | $1,051,000 | $1,080,000 | $1,223,000 |
| Non Current Pension And Other Postretirement Benefit Plans | $1,155,000 | $1,051,000 | $1,080,000 | $1,223,000 |
| Long Term Capital Lease Obligation | $14,727,000 | $15,065,000 | $18,533,000 | $21,035,000 |
| Current Deferred Revenue | $1,529,000 | $2,339,000 | $2,158,000 | $5,701,000 |
| Current Capital Lease Obligation | $3,886,000 | $3,311,000 | $5,073,000 | $4,989,000 |
| Pensionand Other Post Retirement Benefit Plans Current | $13,214,000 | $13,101,000 | $12,121,000 | $14,255,000 |
| Current Provisions | $1,670,000 | $2,295,000 | $2,489,000 | $2,615,000 |
| Current Accrued Expenses | $12,410,000 | $10,789,000 | $18,311,000 | $17,993,000 |
| Defined Pension Benefit | $385,000 | $306,000 | $283,000 | $274,000 |
| Investments And Advances | $33,332,000 | $48,086,000 | $223,203,000 | $245,970,000 |
| Available For Sale Securities | $33,332,000 | $48,086,000 | $223,203,000 | $245,970,000 |
| Goodwill | $29,164,000 | $29,164,000 | $29,164,000 | $29,164,000 |
| Net PPE | $86,666,000 | $78,276,000 | $74,687,000 | $87,602,000 |
| Accumulated Depreciation | $-66,925,000 | $-58,554,000 | $-48,652,000 | $-34,176,000 |
| Gross PPE | $153,591,000 | $136,830,000 | $123,339,000 | $121,778,000 |
| Leases | $25,770,000 | $25,715,000 | $24,946,000 | $21,373,000 |
| Other Properties | $50,229,000 | $33,676,000 | $23,782,000 | $27,139,000 |
| Machinery Furniture Equipment | $57,449,000 | $57,311,000 | $54,520,000 | $53,319,000 |
| Buildings And Improvements | $20,143,000 | $20,128,000 | $20,091,000 | $19,947,000 |
| Properties | $0 | $0 | $0 | $0 |
| Finished Goods | $18,261,000 | $27,867,000 | $39,381,000 | $41,678,000 |
| Raw Materials | $28,950,000 | $32,475,000 | $28,331,000 | $47,737,000 |
| Other Short Term Investments | $422,372,000 | $428,871,000 | $292,892,000 | $295,413,000 |
| Other Investments | - | - | - | $245,970,000 |
| Other Inventories | - | - | - | - |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $3,175,000 | $33,585,000 | $-41,688,000 | $-117,697,000 |
| Operating Activities | ||||
| Operating Cash Flow | $24,629,000 | $48,725,000 | $-34,682,000 | $-99,347,000 |
| Cash Flow From Continuing Operating Activities | $24,629,000 | $48,725,000 | $-34,682,000 | $-99,347,000 |
| Operating Gains Losses | $395,000 | $3,109,000 | $13,976,000 | $22,935,000 |
| Investing Activities | ||||
| Capital Expenditure | $-21,454,000 | $-15,140,000 | $-7,006,000 | $-18,350,000 |
| Investing Cash Flow | $2,953,000 | $31,488,000 | $26,212,000 | $-407,275,000 |
| Cash Flow From Continuing Investing Activities | $2,953,000 | $31,488,000 | $26,212,000 | $-407,275,000 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-26,050,000 | $-84,055,000 | $-55,770,000 | $0 |
| Financing Cash Flow | $-27,109,000 | $-84,815,000 | $-56,522,000 | $-332,000 |
| Cash Flow From Continuing Financing Activities | $-27,109,000 | $-84,815,000 | $-56,522,000 | $-332,000 |
| Net Other Financing Charges | $-1,867,000 | $-1,476,000 | $-1,045,000 | $-951,000 |
| Net Common Stock Issuance | $-26,050,000 | $-84,055,000 | $-55,770,000 | $0 |
| Issuance Of Capital Stock | - | - | $0 | $0 |
| Common Stock Issuance | - | - | $0 | $0 |
| Other | ||||
| Income Tax Paid Supplemental Data | $940,000 | $1,841,000 | $1,947,000 | $13,171,000 |
| End Cash Position | $35,476,000 | $35,003,000 | $39,605,000 | $104,597,000 |
| Beginning Cash Position | $35,003,000 | $39,605,000 | $104,597,000 | $611,551,000 |
| Changes In Cash | $473,000 | $-4,602,000 | $-64,992,000 | $-506,954,000 |
| Proceeds From Stock Option Exercised | $808,000 | $716,000 | $293,000 | $619,000 |
| Common Stock Payments | $-26,050,000 | $-84,055,000 | $-55,770,000 | $0 |
| Net Investment Purchase And Sale | $24,407,000 | $46,628,000 | $33,218,000 | $-374,342,000 |
| Sale Of Investment | $247,145,000 | $109,301,000 | $67,195,000 | $29,843,000 |
| Purchase Of Investment | $-222,738,000 | $-62,673,000 | $-33,977,000 | $-404,185,000 |
| Net PPE Purchase And Sale | $-21,454,000 | $-15,140,000 | $-7,006,000 | $-17,971,000 |
| Purchase Of PPE | $-21,454,000 | $-15,140,000 | $-7,006,000 | $-18,042,000 |
| Change In Working Capital | $3,984,000 | $26,882,000 | $-41,280,000 | $-81,722,000 |
| Change In Other Working Capital | $-810,000 | $181,000 | $-5,534,000 | $7,104,000 |
| Change In Other Current Liabilities | $-1,469,000 | $-4,842,000 | $-5,826,000 | $-2,905,000 |
| Change In Other Current Assets | $3,510,000 | $4,280,000 | $5,173,000 | $-4,251,000 |
| Change In Payables And Accrued Expense | $-1,571,000 | $-4,414,000 | $-18,127,000 | $-28,140,000 |
| Change In Accrued Expense | $2,216,000 | $-6,564,000 | $-11,636,000 | $-1,192,000 |
| Change In Payable | $-3,787,000 | $2,150,000 | $-6,491,000 | $-26,948,000 |
| Change In Account Payable | $-3,787,000 | $2,150,000 | $-6,491,000 | $-26,948,000 |
| Change In Prepaid Assets | $-10,016,000 | $499,000 | $-8,774,000 | $-12,886,000 |
| Change In Inventory | $9,677,000 | $3,005,000 | $11,028,000 | $-29,004,000 |
| Change In Receivables | $4,663,000 | $28,173,000 | $-19,220,000 | $-15,891,000 |
| Changes In Account Receivables | $4,663,000 | $28,173,000 | $-19,220,000 | $-15,891,000 |
| Other Non Cash Items | $881,000 | $1,120,000 | $18,928,000 | $471,000 |
| Stock Based Compensation | $21,943,000 | $21,756,000 | $22,589,000 | $22,649,000 |
| Amortization Of Securities | $-953,000 | $-389,000 | $756,000 | $1,820,000 |
| Depreciation Amortization Depletion | $11,897,000 | $13,047,000 | $14,700,000 | $13,565,000 |
| Depreciation And Amortization | $11,897,000 | $13,047,000 | $14,700,000 | $13,565,000 |
| Amortization Cash Flow | $1,776,000 | $1,926,000 | - | $2,982,000 |
| Amortization Of Intangibles | $1,776,000 | $1,926,000 | - | $2,982,000 |
| Depreciation | $10,121,000 | $11,121,000 | - | $10,583,000 |
| Gain Loss On Investment Securities | $-58,000 | $3,109,000 | $13,976,000 | $22,510,000 |
| Gain Loss On Sale Of PPE | $453,000 | $0 | $0 | $425,000 |
| Net Income From Continuing Operations | $-13,518,000 | $-16,800,000 | $-64,351,000 | $-79,065,000 |
| Net Business Purchase And Sale | - | $0 | $0 | $-14,654,000 |
| Purchase Of Business | - | $0 | $0 | $-14,654,000 |
| Net Intangibles Purchase And Sale | - | $0 | $0 | $-308,000 |
| Purchase Of Intangibles | - | $0 | $0 | $-308,000 |
| Sale Of PPE | - | $0 | $0 | $71,000 |
| Effect Of Exchange Rate Changes | - | - | - | $0 |
| Net Foreign Currency Exchange Gain Loss | - | - | - | $0 |