Kornit Digital returns to revenue growth for the full year

GaryPageau
Getting your Trinity Audio player ready...

Kornit Digital Ltd., reported financial results for the fourth quarter and full year ended Dec. 31, 2025. Total revenue for the fourth quarter of 2025 was $58.9 million compared with $60.7 million in the prior year period. GAAP net income for the fourth quarter of 2025 was $1.7 million, or $0.03 per diluted share, compared with net income of $2.2 million, or $0.05 per diluted share, in the prior year period.

Total revenue for the full year 2025 was $208.2 million compared with $203.8 million in the prior year period. GAAP net loss for the full year 2025 was $13.5 million, or ($0.30) per diluted share, compared with net loss of $16.8 million, or ($0.35) per diluted share, for the full year 2024.

“The fourth quarter capped a year of disciplined execution. We returned to full-year revenue growth, achieved positive adjusted EBITDA, and generated strong operating cash flow,” said Ronen Samuel, Chief Executive Officer of Kornit Digital. “A successful peak season helped drive full year impressions growth of 11%, demonstrating higher utilization across our installed base and increased adoption of digital production for longer runs. We exited the year with approximately $25 million in Annualized Recurring Revenue (ARR) from our All-Inclusive Click (AIC) program, and $15 million in AIC revenue for the full year, underscoring accelerating customer adoption.

“We are entering 2026 with a growing pipeline of opportunities, and better visibility for the year. We expect to unveil breakthrough innovations this year designed to expand our addressable markets, accelerate digital adoption, and enable our customers to capture new growth opportunities. Our priorities remain clear: driving incremental impressions from the screen market, expanding the AIC program, and $15 million in AIC revenue for the full year, underscoring accelerating customer adoption.”

KORNIT DIGITAL LTD.
AND ITS SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS
(U.S. dollars in thousands, except share and per share data)
Three Months Ended Year Ended
December 31, December 31,
2025 2024 2025 2024
(Unaudited) (Unaudited) (Audited)
Revenues
Products $ 45,674 $ 47,711 $ 156,086 $ 148,086
Services 13,181 12,985 52,114 55,739
Total revenues 58,855 60,696 208,200 203,825
Cost of revenues
Products 17,733 18,088 67,468 61,697
Services 12,489 11,479 48,466 50,366
Total cost of revenues 30,222 29,567 115,934 112,063
Gross profit 28,633 31,129 92,266 91,762
Operating expenses:
Research and development, net 10,297 9,781 37,731 41,578
Sales and marketing 14,559 15,200 58,722 58,413
General and administrative 7,360 7,358 30,385 29,086
Total operating expenses 32,216 32,339 126,838 129,077
Operating loss (3,583 ) (1,210 ) (34,572 ) (37,315 )
Financial income, net 5,531 3,849 21,919 22,350
Income (loss) before taxes on income 1,948 2,639 (12,653 ) (14,965 )
Taxes on income 297 423 865 1,835
Net income (loss) $ 1,651 $ 2,216 $ (13,518 ) $ (16,800 )
Basic income (loss) per share $ 0.04 $ 0.05 $ (0.30 ) $ (0.35 )
Weighted average number of shares
used in computing basic net income (loss) per share 45,103,991 47,180,390 45,244,517 47,482,820
Diluted income (loss) per share $ 0.03 $ 0.05 $ (0.30 ) $ (0.35 )
Weighted average number of shares
used in computing diluted net income (loss) per share

Written by 

Gary Pageau is principal of InfoCircle LLC, continuing his marketing communications career. InfoCircle LLC is a marketing and communications consulting firm, specializing in business-to-business markets. For nearly 25 years, he was with PMA International, serving most recently as Publisher, Content Development and Strategic Initiatives. His primary responsibilities included overseeing the Association’s editorial department, marketing research unit, education and corporate relations department.