NASDAQ : KRNT
Kornit Digital Ltd. — Financial statements
Industrials · Specialty Industrial Machinery · Israel
Last price 18.17 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 842.01M
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Financial statements
Kornit Digital Ltd. (KRNT) reported revenue of 215.85M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 215.85M | 208.20M | 203.82M | 219.79M | 271.52M | 322.01M |
| Cost of Revenue | 120.48M | 114.88M | 110.08M | 141.24M | 175.02M | 170.09M |
| Gross Profit | 95.37M | 93.32M | 93.74M | 78.55M | 96.50M | 151.91M |
| Selling, General & Admin | 93.94M | 87.97M | 86.87M | 97.52M | 110.36M | 95.39M |
| Research & Development | 37.96M | 37.69M | 41.34M | 49.18M | 56.03M | 43.73M |
| Operating Expenses | 131.91M | 125.66M | 128.22M | 146.70M | 166.38M | 139.12M |
| Operating Income | -36.54M | -32.34M | -34.47M | -68.16M | -69.88M | 12.79M |
| Interest & Investment Income | 19.56M | 21.98M | 23.46M | 27.59M | 13.05M | 5.37M |
| Currency Exchange Gain (Loss) | 840.00K | -211.00K | -1.42M | -2.31M | 2.43M | -1.24M |
| Other Non Operating Income (Expenses) | -864.00K | -864.00K | -247.00K | -236.00K | -265.00K | -286.00K |
| EBT Excluding Unusual Items | -17.00M | -11.43M | -12.68M | -43.12M | -54.67M | 16.64M |
| Merger & Restructuring Charges | -3.48M | -2.23M | -2.84M | -19.38M | ||
| Gain (Loss) on Sale of Investments | 1.01M | 1.01M | 553.00K | -888.00K | -1.83M | -1.25M |
| Pretax Income | -19.47M | -12.65M | -14.96M | -63.38M | -56.50M | 15.39M |
| Income Tax Expense | 852.00K | 865.00K | 1.83M | 970.00K | 22.57M | -135.00K |
| Net Income | -20.32M | -13.52M | -16.80M | -64.35M | -79.06M | 15.53M |
| Net Income to Common | -20.32M | -13.52M | -16.80M | -64.35M | -79.06M | 15.53M |
| Shares Outstanding (Basic) | 44.28M | 45.24M | 47.48M | 49.16M | 49.79M | 47.08M |
| Shares Outstanding (Diluted) | 44.28M | 45.24M | 47.48M | 49.16M | 49.79M | 48.60M |
| EPS (Basic) | -0.46 | -0.30 | -0.35 | -1.31 | -1.59 | 0.33 |
| EPS (Diluted) | -0.46 | -0.30 | -0.35 | -1.31 | -1.59 | 0.32 |
| Free Cash Flow | 5.81M | 3.17M | 33.59M | -41.69M | -117.39M | 39.17M |
| Free Cash Flow Per Share | 0.13 | 0.07 | 0.71 | -0.85 | -2.36 | 0.81 |
| Gross Margin | 44.19% | 44.82% | 45.99% | 35.74% | 35.54% | 47.18% |
| Operating Margin | -16.93% | -15.53% | -16.91% | -31.01% | -25.74% | 3.97% |
| Profit Margin | -9.42% | -6.49% | -8.24% | -29.28% | -29.12% | 4.82% |
| Free Cash Flow Margin | 2.69% | 1.52% | 16.48% | -18.97% | -43.23% | 12.16% |
| EBITDA | -23.93M | -20.44M | -21.43M | -51.06M | -56.32M | 19.89M |
| EBITDA Margin | -11.09% | -9.82% | -10.51% | -23.23% | -20.74% | 6.18% |
| D&A For EBITDA | 12.61M | 11.90M | 13.05M | 17.09M | 13.56M | 7.10M |
| EBIT | -36.54M | -32.34M | -34.47M | -68.16M | -69.88M | 12.79M |
| EBIT Margin | -16.93% | -15.53% | -16.91% | -31.01% | -25.74% | 3.97% |
| Revenue as Reported | 215.85M | 208.20M | 203.82M | 219.79M | 271.52M | 322.01M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 33.81M | 35.48M | 35.00M | 39.60M | 104.60M | 611.55M |
| Short-Term Investments | 395.93M | 422.37M | 428.87M | 292.89M | 295.41M | 37.28M |
| Cash & Short-Term Investments | 429.73M | 457.85M | 463.87M | 332.50M | 400.01M | 648.84M |
| Accounts Receivable | 52.32M | 60.80M | 65.46M | 93.63M | 67.36M | 49.80M |
| Other Receivables | 35.69M | |||||
| Receivables | 88.01M | 60.80M | 65.46M | 93.63M | 67.36M | 49.80M |
| Inventory | 54.16M | 47.21M | 60.34M | 67.71M | 89.42M | 63.02M |
| Prepaid Expenses | 29.66M | 25.71M | 27.95M | 21.05M | 13.38M | |
| Other Current Assets | 595.00K | 1.00M | 317.00K | |||
| Total Current Assets | 571.90M | 595.52M | 615.39M | 522.39M | 578.84M | 775.34M |
| Property, Plant & Equipment | 88.33M | 86.67M | 78.28M | 74.69M | 87.60M | 70.20M |
| Long-Term Investments | 21.15M | 33.33M | 48.09M | 223.20M | 245.97M | 149.27M |
| Goodwill | 32.83M | 29.16M | 29.16M | 29.16M | 29.16M | 25.45M |
| Other Intangible Assets | 18.40M | 9.43M | 5.72M | 7.65M | 9.89M | 10.06M |
| Long-Term Deferred Tax Assets | 9.34M | |||||
| Other Long-Term Assets | 18.75M | 16.40M | 10.85M | 8.49M | 6.20M | 1.21M |
| Total Assets | 751.35M | 770.51M | 787.48M | 865.58M | 957.67M | 1.04B |
| Accounts Payable | 18.05M | 6.06M | 9.02M | 6.94M | 14.83M | 46.45M |
| Accrued Expenses | 15.81M | 28.85M | 27.37M | 33.45M | 37.23M | 33.95M |
| Current Portion of Leases | 4.25M | 3.89M | 3.31M | 5.07M | 4.99M | 5.06M |
| Current Unearned Revenue | 1.64M | 1.53M | 2.34M | 2.16M | 5.70M | 5.40M |
| Other Current Liabilities | 25.20M | 1.67M | 2.29M | 2.49M | 2.62M | 5.82M |
| Total Current Liabilities | 64.95M | 41.99M | 44.33M | 50.10M | 65.37M | 96.68M |
| Long-Term Leases | 14.06M | 14.73M | 15.06M | 18.53M | 21.04M | 21.90M |
| Other Long-Term Liabilities | 4.78M | 1.22M | 1.19M | 1.28M | 2.44M | 2.75M |
| Total Liabilities | 85.58M | 57.94M | 60.59M | 69.91M | 88.84M | 121.32M |
| Common Stock | 665.78M | 134.00K | 134.00K | 134.00K | 134.00K | 133.00K |
| Additional Paid-In Capital | 1.01B | 966.06M | 958.45M | 921.70M | 875.37M | |
| Retained Earnings | -130.25M | -116.73M | -99.93M | -35.58M | 43.48M | |
| Treasury Stock | -166.88M | -121.69M | -55.77M | |||
| Comprehensive Income & Other | 2.62M | -868.00K | -7.21M | -17.42M | 571.00K | |
| Shareholders' Equity | 665.78M | 712.57M | 726.90M | 795.67M | 868.82M | 919.55M |
| Total Liabilities & Equity | 751.35M | 770.51M | 787.48M | 865.58M | 957.67M | 1.04B |
| Total Debt | 18.31M | 18.61M | 18.38M | 23.61M | 26.02M | 26.96M |
| Net Cash (Debt) | 432.57M | 472.57M | 493.58M | 532.09M | 619.96M | 771.15M |
| Net Cash Per Share | 9.77 | 10.44 | 10.39 | 10.82 | 12.45 | 15.87 |
| Filing Date Shares Outstanding | 42.87M | 46.34M | 46.05M | 47.72M | 50.00M | 49.68M |
| Total Common Shares Outstanding | 42.87M | 45.06M | 46.05M | 47.72M | 49.95M | 49.62M |
| Working Capital | 506.95M | 553.52M | 571.06M | 472.29M | 513.47M | 678.67M |
| Book Value Per Share | 15.53 | 15.81 | 15.78 | 16.67 | 17.39 | 18.53 |
| Tangible Book Value | 614.56M | 673.98M | 692.01M | 758.86M | 829.77M | 884.04M |
| Tangible Book Value Per Share | 14.33 | 14.96 | 15.03 | 15.90 | 16.61 | 17.82 |
| Buildings | 20.14M | 20.13M | 20.09M | 19.95M | 12.74M | |
| Machinery | 90.50M | 71.93M | 54.52M | 53.32M | 39.83M | |
| Leasehold Improvements | 25.77M | 25.71M | 24.95M | 21.37M | 16.06M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -20.32M | -13.52M | -16.80M | -64.35M | -79.06M | 15.53M |
| Depreciation & Amortization | 12.61M | 11.90M | 13.05M | 17.09M | 13.56M | 7.10M |
| Loss (Gain) From Sale of Assets | 319.00K | 453.00K | 425.00K | |||
| Asset Writedown & Restructuring Costs | 2.12M | 856.00K | 1.17M | 16.68M | 708.00K | |
| Loss (Gain) From Sale of Investments | -720.00K | -1.01M | -553.00K | 890.00K | 1.83M | 1.25M |
| Stock-Based Compensation | 20.69M | 21.94M | 21.76M | 22.59M | 22.65M | 15.13M |
| Other Operating Activities | 3.27M | 13.84M | 22.50M | 25.42M | ||
| Change in Accounts Receivable | 12.88M | 4.66M | 28.17M | -19.22M | -15.89M | 1.78M |
| Change in Inventory | -4.66M | 9.68M | 3.00M | 11.03M | -29.00M | -14.08M |
| Change in Accounts Payable | 6.51M | -3.79M | 2.15M | -6.49M | -26.95M | 12.87M |
| Change in Unearned Revenue | -1.24M | -810.00K | 181.00K | -4.99M | -1.43M | -21.67M |
| Change in Other Net Operating Assets | 286.00K | -5.73M | -6.68M | -21.21M | -17.22M | 12.38M |
| Operating Cash Flow | 28.46M | 24.63M | 48.73M | -34.68M | -99.35M | 53.64M |
| Capital Expenditures | -22.66M | -21.45M | -15.14M | -7.01M | -18.04M | -14.48M |
| Sale of Property, Plant & Equipment | 71.00K | |||||
| Cash Acquisitions | -5.82M | -14.65M | -14.99M | |||
| Sale (Purchase) of Intangibles | -308.00K | -130.00K | ||||
| Investment in Securities | 46.78M | 24.41M | 46.63M | 33.22M | -374.34M | 119.35M |
| Investing Cash Flow | 18.30M | 2.95M | 31.49M | 26.21M | -407.27M | 89.75M |
| Issuance of Common Stock | 230.00K | 808.00K | 716.00K | 293.00K | 619.00K | 344.61M |
| Repurchase of Common Stock | -40.09M | -27.92M | -85.53M | -56.81M | -951.00K | -2.23M |
| Other Financing Activities | 1.48M | |||||
| Financing Cash Flow | -38.38M | -27.11M | -84.81M | -56.52M | -332.00K | 342.38M |
| Net Cash Flow | 8.39M | 473.00K | -4.60M | -64.99M | -506.95M | 485.77M |
| Free Cash Flow | 5.81M | 3.17M | 33.59M | -41.69M | -117.39M | 39.17M |
| Free Cash Flow Margin | 2.69% | 1.52% | 16.48% | -18.97% | -43.23% | 12.16% |
| Free Cash Flow Per Share | 0.13 | 0.07 | 0.71 | -0.85 | -2.36 | 0.81 |
| Levered Free Cash Flow | 7.99M | 3.11M | 32.48M | -36.33M | -109.37M | 8.29M |
| Unlevered Free Cash Flow | 7.99M | 3.11M | 32.48M | -36.33M | -109.37M | 8.29M |
| Cash Income Tax Paid | 940.00K | 940.00K | 1.84M | 1.95M | 13.17M | 435.00K |
| Change in Working Capital | 13.77M | 4.01M | 26.83M | -41.43M | -81.96M | -10.78M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 822.54M | 661.09M | 1.47B | 942.24M | 1.15B | 7.38B |
| Enterprise Value | 389.97M | 189.98M | 929.45M | 399.75M | 483.43M | 6.94B |
| Last Close Price | 17.52 | 14.38 | 30.95 | 19.16 | 22.97 | 152.25 |
| PE Ratio | 475.25 | |||||
| Forward PE | 98.28 | 57.96 | 79.52 | 47.49 | 47.49 | 134.90 |
| PS Ratio | 3.83 | 3.17 | 7.22 | 4.29 | 4.22 | 22.92 |
| PB Ratio | 1.13 | 0.93 | 2.02 | 1.18 | 1.32 | 8.03 |
| P/TBV Ratio | 1.34 | 0.98 | 2.13 | 1.24 | 1.38 | 8.35 |
| P/FCF Ratio | 142.16 | 208.22 | 43.82 | 188.40 | ||
| P/OCF Ratio | 29.01 | 26.84 | 30.20 | 137.56 | ||
| PEG Ratio | 5.80 | 3.98 | 45.18 | 1.46 | 4.15 | |
| EV/Sales Ratio | 1.82 | 0.91 | 4.56 | 1.82 | 1.78 | 21.57 |
| EV/EBITDA Ratio | 349.19 | |||||
| EV/EBIT Ratio | 542.87 | |||||
| EV/FCF Ratio | 67.69 | 59.84 | 27.67 | 177.32 | ||
| Debt / Equity Ratio | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 |
| Debt / EBITDA Ratio | 1.07 | |||||
| Debt / FCF Ratio | 3.15 | 5.86 | 0.55 | 0.69 | ||
| Net Debt / Equity Ratio | -0.65 | -0.66 | -0.68 | -0.67 | -0.71 | -0.84 |
| Net Debt / EBITDA Ratio | 18.08 | 23.12 | 23.04 | 10.42 | 11.01 | -38.77 |
| Net Debt / FCF Ratio | -74.47 | -148.84 | -14.70 | 12.76 | 5.28 | -19.69 |
| Asset Turnover | 0.28 | 0.27 | 0.25 | 0.24 | 0.27 | 0.39 |
| Inventory Turnover | 2.31 | 2.14 | 1.72 | 1.80 | 2.30 | 2.94 |
| Quick Ratio | 7.97 | 12.35 | 11.94 | 8.51 | 7.15 | 7.23 |
| Current Ratio | 8.81 | 14.18 | 13.88 | 10.43 | 8.86 | 8.02 |
| Return on Equity (ROE) | -2.97% | -1.88% | -2.21% | -7.73% | -8.84% | 2.16% |
| Return on Assets (ROA) | -3.01% | -2.59% | -2.61% | -4.67% | -4.37% | 0.96% |
| Return on Invested Capital (ROIC) | -14.31% | -11.66% | -8.97% | -13.89% | -17.64% | 5.39% |
| Return on Capital Employed (ROCE) | -5.30% | -4.40% | -4.60% | -8.40% | -7.80% | 1.40% |
| Earnings Yield | -2.60% | -2.04% | -1.14% | -6.83% | -6.90% | 0.21% |
| FCF Yield | 0.70% | 0.48% | 2.28% | -4.42% | -10.24% | 0.53% |
| Buyback Yield / Dilution | 4.65% | 4.71% | 3.41% | 1.27% | -2.45% | -14.93% |