KRNTNasdaqPrinting Trades Machinery & EquipmentUS GAAP · USD

Kornit Digital Ltd.

Kornit Digital Ltd. designs and sells digital printing systems and related consumables for fashion and textile production. Its platform combines printers, inks, software, and fulfillment services for brands, garment decorators, and other textile producers operating across global markets, with headquarters in Israel and offices in the USA, Europe, and Asia Pacific.

Revenue208m USD
+2.1 %y/y
Operating profit (EBIT)-34.6m USD
+7.4 %y/y
EBIT margin-16.6%
+1.7 ppy/y
Net income-13.5m USD
+19.5 %y/y
Free cash flow3.4m USD
−90.0 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-1000100200300400m USD2020: 193 m USD2020: EBIT -6.7 m USD20202021: 322 m USD2021: EBIT 13 m USD20212022: 272 m USD2022: EBIT -70 m USD20222023: 220 m USD2023: EBIT -88 m USD20232024: 204 m USD2024: EBIT -37 m USD20242025: 208 m USD2025: EBIT -35 m USD2025208-35
RevenueOperating profit (EBIT)

Business

Share of revenue
Printing systems45 %

Digital printing machines used for fashion and textile production workflows.

Inks and consumables25 %

Proprietary inks, fluids, and other recurring consumable inputs for installed systems.

Software and workflow tools8 %

Production software and digital workflow tools that support print operations.

Fulfillment services12 %

On-demand production and fulfillment services delivered through the company network.

All-Inclusive Click services10 %

Usage-based recurring revenue tied to customer system utilization and impressions.

Products

Reported · share of revenue
54.6%25.0%20.4%FY2025100 %
  • Ink and Consumables54.6 %
  • Services25.0 %
  • Systems and AIC20.4 %

Source: 20-F FY2025, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.

Customers

Kornit sells to apparel brands, textile producers, decorators, and industrial print users that need short-run, customized, or on-demand production. The company also serves customers that want to shift from traditional screen or analog textile workflows to digital manufacturing and recurring service-based models.

Apparel brands and retailers

Buy systems, inks, and services for customized and on-demand garment production.

Textile printers and decorators

Use Kornit platforms to produce short-run, variable, and branded textile orders.

Screen-printing operators

Adopt Kornit systems as a digital complement or replacement for screen workflows.

Fulfillment and production partners

Purchase recurring production capacity and services through the global fulfillment network.

Industrial textile users

Buy digital production solutions for specialized, customized, or multi-site applications.

Strategy

Kornit is expanding the recurring and usage-based portion of its model through AIC, consumables, software, and fulfillment services. It is also focused on increasing system utilization and deepening adoption in adjacent textile and screen-printing markets, which supports a more recurring revenue base and strengthens customer switching costs.

Increase recurring revenue mixShort term

Recurring and highly recurring revenue improves visibility and customer stickiness.

Expand system utilizationShort term

Higher use of installed systems increases impressions and supports repeat consumable demand.

Penetrate the screen marketMedium term

Screen-printing customers represent a large adjacent market for digital replacement and hybrid workflows.

Strengthen global fulfillment networkMedium term

Fulfillment services widen the installed base use case and can create recurring operational demand.

Geography

2025

Kornit operates internationally, with headquarters in Israel and offices in the USA, Europe, and Asia Pacific. Its customer base spans more than 100 countries, so sales depend on global apparel and textile demand as well as local production footprints and service support.

United States62 %
Europe, Middle East and Africa26 %
Asia Pacific11 %
Israel0.2 %

Share of the revenue the company reports by geography.

Risks

Kornit depends on the pace of digital adoption in textile and apparel manufacturing, which can be uneven and sensitive to customer capex cycles. Its model also depends on recurring usage and consumable demand from installed systems, so slower customer utilization, market acceptance, or litigation expenses can affect operating performance and reported results.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Customer utilization variability1Cyclical capital spending by textile customers2Slower-than-expected digital adoption3Litigation expenses4
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Customer utilization variabilityImpact: HighLikelihood: High

    Recurring revenue and impressions depend on how much installed equipment is actually used.

    Exposure: AIC and consumables

  2. Cyclical capital spending by textile customersImpact: HighLikelihood: Medium

    System sales depend on customers committing to new production equipment and workflow changes.

    Exposure: Printer systems

  3. Slower-than-expected digital adoptionImpact: HighLikelihood: Medium

    Kornit’s growth depends on the market moving from analog screen processes to digital production.

    Exposure: Fashion and textile end markets

  4. Litigation expensesImpact: MediumLikelihood: Medium

    Legal disputes can create unpredictable costs and distraction from operating execution.

    Exposure: Securities class action litigation expenses

Accounting

Judgemental items
Revenue mix and timing

Different product lines likely recognize revenue differently, affecting comparability across quarters.

Impact: Systems, consumables, and service revenue can shift reported trends

Usage-based AIC revenue

AIC depends on customer utilization, so reported revenue can move with installed-base activity.

Impact: Creates recurring but variable revenue recognition patterns

Working capital estimates

Trade receivables and inventory require judgment around collectability, demand, and obsolescence.

Impact: Can affect margins and asset carrying values

Publicly listed companies with a comparable business focus.

Last updated: 28/09/2026

Kornit Digital Ltd. (KRNT) Revenue, Earnings & Financials 2025 – Clarifo