Kornit Digital Ltd. is a global leader in providing advanced digital printing solutions tailored for the textile industry. With a global footprint, ...
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Est. EPS $0.05 · Revenue $57.48M · 3 analysts
Est. EPS $0.13 · Revenue $62.52M · 3 analysts
Est. EPS $0.21 · Revenue $223.77M · 3 analysts
Est. EPS $-0.02 · Revenue $52.03M · 1 analysts
EPS $-0.26 · Revenue $55.32M
EPS $-0.19 · Revenue $48.54M
EPS $-0.30 · Revenue $208.20M
EPS $-0.06 · Revenue $53.13M
EPS $-0.17 · Revenue $49.75M
EPS $-0.11 · Revenue $46.46M
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $208.2M | +2.1% | +14.0% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $-13.5M | +19.5% | -35.8% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +44.3% | -1.6% | +19.6% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | -16.6% | +9.3% | +3.3% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | -6.5% | +21.2% | -19.2% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $3.2M | -90.5% | -21.8% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +1.5% | -90.7% | -31.4% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 2.6% | +3.3% | +2.1% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 14.18x | +2.2% | -26.8% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $770.5M | -2.2% | +1.4% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | -0.30 vs 0.25 | -218.4% | -0.26 vs -0.01 | -2392.9% |
| Revenue Surprise | $208.2M vs $207.6M | +0.3% | $55.3M vs $52.8M | +4.8% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Aug 12, 2026 | Gazit Daniel | officer: Chief Product Officer | Ordinary Shares | D | 1,600 | $19.00 |
| Jun 22, 2026 | Gazit Daniel | officer: Chief Product Officer | Ordinary Shares | D | 274 | $16.70 |
| Jun 9, 2026 | Gazit Daniel | officer: Chief Product Officer | Ordinary Shares | D | 636 | $15.72 |
| May 13, 2026 | Gazit Daniel | officer: Chief Product Officer | Ordinary Shares | D | 1,526 | $19.20 |
| May 13, 2026 | Gazit Daniel | officer: Chief Product Officer | Ordinary Shares | D | 1,406 | $19.20 |
Operator: Greetings and welcome to Kornit Digital's Second Quarter 2026 Earnings Conference Call. As a reminder, this call is being recorded. I would now like to turn the conference over to Andy Backman, Chief Capital Markets Officer to Kornit Digital. Mr. Backman, please go ahead. Andrew Backman: Thank you, operator. Good day, everyone, and welcome to Kornit Digital's Second Quarter 2026 Earnings Conference Call. With me today are Ronen Samuel, Kornit's Chief Executive Officer; and Assaf Zipori, our Chief Financial Officer. For today's call, Ronen will share his overall commentary on the second quarter followed by Assaf, who will review our results and provide guidance for our third quarter before we open up the call for Q&A. Before we begin, I would like to remind you that forward-looking statements within the meaning of the U.S. securities laws will be made on this call. These statements involve known and unknown risks and uncertainties. I encourage you to review the company's filings with the SEC, including our annual report on 20-F, which identifies specific risk factors that could cause actual results to differ materially. Additionally, we will reference certain non-GAAP financial measures. Reconciliations to the most comparable GAAP measures can be found in the earnings release published today and posted at ir.kornit.com. At this time, I would like to turn the call over to Ronen. Ronen? Ronen Samuel: Thanks, Andy, and good day, everyone. Thank you for joining us today. The second quarter marked another important steps in Kornit's transformation. We delivered revenue of $55.3 million, above the high end of our guidance; generated positive adjusted EBITDA, also above the high end of our guidance range; and positive operating cash flow for the 11th consecutive quarter. We also increased annual recurring revenue by $7 million bringing total ARR to $33.8 million representing 79% year-over-year growth while revenue from All-Inclusive Click increased by 112% compared with the prior year period. In addition, trailing 12-month impressions grew 15% reflecting higher production volume across our installed base. We continue to see healthy growth in system deliveries, expanding our production footprint and customer base. Approximately 40% of our system sales during the quarter came from new customers demonstrating our continued ability to expand the market while growing alongside existing customers. Importantly, approximately 60% of system sales in both Q2 and the first half of 2026 were to traditional screen printers, providing clear evidence of the momentum we are seeing in the transition from analog to digital production. These results reinforce the progress we are making against our strategy. We are delivering revenue growth while significantly expanding annual recurring revenue, improving the quality of our growth and giving us greater visibility into the future. A key driver of this progress is our All-Inclusive Click model, which is increasing …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Tomer Artzi | President of Kornit Asia Pacific | USD 555,000 | Male | — | Active |
Ronen Samuel | Chief Executive Officer & Director | USD 554,000 | Male | 1969 | Active |
Ofer Ben-Zur | Co-Founder & Independent Director | USD 475,000 | Male | 1965 | Active |
Ilan Elad | President of Kornit Americas | USD 449,000 | Male | — | Active |
Kobi Mann | Chief Technology Officer | USD 325,000 | Male | 1980 | Active |
Assaf Zipori | Chief Financial Officer | USD 354 | Male | 1975 | Active |
Andrew G. Backman | Chief Capital Markets Officer | — | Male | 1968 | Active |
Daniel Gazit | Chief Product Officer | — | Male | 1972 | Active |
David Tomer | Chief of Operations | — | Male | — | Active |
Ayelet Oryan Godard | Chief Human Resources Officer | — | Female | — | Active |
The consensus price target hints at a 42% upside potential for Kornit Digital (KRNT). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Kornit Digital reported Q2 results above expectations and provided Q3 and full-year revenue guidance ahead of analyst estimates as the company continues to execute on its business model transition. Annual recurring revenue ("ARR") under the company's new All-Inclusive Click ("AIC") lease offering increased by approximately 26% sequentially and 79% year-over-year. Kornit Digital continues to make inroads into the screen printing market with 60% of systems in both Q2 and the first half of 2026 delivered to traditional screen printers.
Kornit Digital Ltd. (KRNT) Q2 2026 Earnings Call Transcript
Kornit Digital NASDAQ: KRNT reported second-quarter 2026 revenue above its guidance range, supported by growth in annual recurring revenue, all-inclusive click agreements and demand from traditional screen printers transitioning to digital production.
Kornit Digital (KRNT) came out with quarterly earnings of $0.04 per share, beating the Zacks Consensus Estimate of a loss of $0.02 per share. This compares to earnings of $0.03 per share a year ago.
