ROSH-HA`AYIN, Israel, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit” or the “Company”) (Nasdaq: KRNT), a global leader in sustainable, on-demand, digital fashion and textile production, announced today that the Company will participate in the 2026 Cantor Global Technology & Industrial Growth Conference and host one-on-one investor meetings. Kornit’s Chief Capital Markets Officer, Andrew G. Backman ("Andy"), will be available for one-on-one investor meetings on Tuesday, March 10, and Wednesd ...

Core Insights - Kornit Digital Ltd. is a leader in sustainable, on-demand digital fashion and textile production, focusing on innovative solutions and sustainability [1] - The company reported a total revenue of $208.2 million for 2025, reflecting a return to revenue growth supported by an 11% increase in full-year impressions [2][6] - Kornit's All-Inclusive Click (AIC) program significantly contributed to its financial performance, generating $15 million in AIC revenue and ending the year with approximately $25 million in Annualized Recurring Revenue (ARR) [3][6] Financial Performance - For the fourth quarter of 2025, Kornit reported total revenue of $58.9 million, a slight decrease from $60.7 million in the same period the previous year [4] - The company achieved a non-GAAP net income of $8.3 million, or $0.18 per diluted share, consistent with the previous year's performance [4] - The GAAP gross profit margin for the fourth quarter was 48.7%, down from 51.3% in the prior year, indicating a slight decrease in profitability [4] Future Outlook - For the first quarter of 2026, Kornit expects revenues to range between $45 million and $49 million, with an adjusted EBITDA margin between negative 10% and negative 4% of revenue [5] - CEO Ronen Samuel expressed optimism for 2026, citing a growing pipeline of opportunities and plans for breakthrough innovations [5] - Kornit maintained a "Positive" grade with a "hold" action from Morgan Stanley, with the price target raised from $15 to $17, reflecting confidence in the company's future prospects [5]

Core Insights - Kornit Digital aims to return to revenue growth while transitioning to a more recurring ARR model, which may affect near-term revenue timing but is expected to strengthen long-term revenue foundations [1][5][6] Financial Performance - Q4 2025 revenues reached $58.9 million, with adjusted EBITDA of $5.5 million, both at the upper end of guidance [6][17] - For the full year 2025, total revenue was $208.2 million, up 2% year-over-year, driven by the expansion of the AIC program [17][18] - The company generated approximately $24 million in operating cash flow for the full year, marking nine consecutive quarters of positive cash generation [6][20] Business Model Transition - Kornit Digital is transitioning towards a more recurring business model, ending 2025 with approximately $25 million in ARR from the AIC program, supported by multiyear customer commitments [6][14][28] - AIC revenue grew 104% year-over-year, contributing $15.2 million in revenues for 2025, up from $3.3 million the previous year [17][18] Market Dynamics - There is a significant shift from screen production to digital, with over 40% of system deals in 2025 coming from new customers, many of whom are traditional screen printers adopting digital production for the first time [7][11] - The company is seeing strong demand for its Apollo systems, with high customer satisfaction and over 40% of existing Apollo customers adding additional systems in 2025 [10][25] Future Outlook - For 2026, Kornit expects low single-digit revenue growth, improved profitability, and continued positive cash flow from operations, with a focus on expanding the AIC program [14][22] - The company anticipates stronger profitability expansion as more customers transition to the AIC model, enhancing revenue visibility and scalability [14][66] Strategic Initiatives - Kornit plans to unveil new technologies and capabilities at the upcoming Connection event, aimed at expanding applications and driving future growth [15][70] - The company is also focusing on the footwear market, with significant opportunities expected to arise from new innovations [71][59]

CEO Ronen Samuel said impression growth came from several sources, including higher utilization among AIC program customers, increasing bulk and long-run work shifting from screen printing to Kornit’s digital systems, and high-volume production on the Apollo platform. Samuel said system uptime during Q4 peak season was more than 90% “across the board” for Apollo, which he described as supporting high utilization and customer satisfaction.Management emphasized “impressions” as a key indicator of utilization ...

Financial Data and Key Metrics Changes - Q4 revenues reached $58.9 million, with adjusted EBITDA of $5.5 million, both at the upper end of guidance [6][15] - For the full year 2025, total revenue was $208.2 million, up 2% year-over-year, driven by the expansion of the AIC program [15][16] - Adjusted EBITDA for the full year was $1.5 million compared to $0.3 million in the previous year, indicating a positive trend [17] - Non-GAAP gross margin for Q4 was 50.7%, down from 55.1% in Q4 2024, while for the full year it was 47.2%, down from 48.6% [16][17] Business Line Data and Key Metrics Changes - AIC revenue grew 104% year-over-year, contributing $15.2 million in revenues for the year [15][16] - The company ended the year with approximately $25 million in ARR from the AIC program, supported by multi-year customer commitments [7][15] - Impressions grew at a strong double-digit rate in Q4, with a total of 243 million impressions for the full year, reflecting an 11% growth [5][6] Market Data and Key Metrics Changes - Over 40% of new system deals in 2025 came from net new customers, many of whom were traditional screen printers adopting digital production for the first time [7][8] - The U.S. market showed significant adoption of the Atlas MAX platform among midsize screen printers, indicating a shift towards digital production [8][9] - The footwear market is identified as a significant growth opportunity, with expectations of capturing 2 billion impressions [92][93] Company Strategy and Development Direction - The company aims to transition towards a more recurring ARR model, which is expected to enhance revenue visibility and durability [4][7] - Focus remains on penetrating the screen market and expanding the AIC program while delivering on innovation to support growth beyond 2026 [12][14] - The company plans to introduce new technologies and capabilities in 2026 to expand applications and drive future growth [12][70] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in entering 2026 with a growing pipeline of opportunities and better visibility, expecting low single-digit revenue growth [12][19] - The transition to digital production is seen as a necessity in the apparel industry, driven by changing consumer demands and sustainability concerns [58] - Management highlighted the importance of customer partnerships and the need for continuous innovation to maintain competitive advantage [84] Other Important Information - The company repurchased $27 million in shares under its share purchase program, reflecting a commitment to returning value to shareholders [18] - The company is preparing for a significant event in April 2026, where new technologies and innovations will be unveiled [14][98] Q&A Session Summary Question: Can you provide more color on peak season performance and Apollo? - Management noted strong double-digit impression growth during peak season, with Apollo systems achieving over 90% uptime and high customer satisfaction [24][25] Question: What were the major accomplishments in 2025? - Key achievements included returning to growth, significant expansion of the AIC program, and positive cash flow generation [27][30] Question: How should we think about system placements in 2026? - The company expects to deliver more systems and capacity, indicating strong future revenue potential from ink and services [32] Question: Can you discuss the significance of the Amazon upgrade order? - Management confirmed a strategic relationship with a global customer, with upgrades expected to take place over several quarters [41] Question: What is the outlook for the direct-to-fabric market? - Management acknowledged challenges in 2025 but expressed confidence in a stronger pipeline and innovative solutions for the footwear market [69][70]

Kornit Digital (NasdaqGS:KRNT) Q4 2025 Earnings call February 11, 2026 08:30 AM ET Company ParticipantsAndrew Backman - Chief Capital Markets OfficerAssaf Zipori - CFOErik Woodring - Managing Director of Equity ResearchRonen Samuel - CEOTroy Jensen - Managing DirectorConference Call ParticipantsBrian Drab - Partner and Equity Research Analyst of Industrial TechnologyChris Moore - Senior AnalystGreg Palm - Senior Research AnalystJames Ricchiuti - Senior AnalystTavy Rosner - Vice President and Equity Research ...

Kornit Digital (KRNT) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +31.68%. A quarter ago, it was expected that this digital textile printer would post earnings of $0.04 per share when it actually produced earnings of $0.09, delivering a surprise of +125%.Over the last four quarter ...

Financial Data and Key Metrics Changes - Q4 2025 revenues were $58.9 million, with adjusted EBITDA of $5.5 million, both at the upper end of guidance [5][14] - Full year 2025 total revenue was $208.2 million, up 2% year-over-year, driven by AIC program expansion [14][15] - Adjusted EBITDA for the full year was $1.5 million compared to $0.3 million in 2024, indicating a positive trend [16] - Non-GAAP gross margin for Q4 was 50.7%, down from 55.1% in Q4 2024, reflecting changes in product mix and tariffs [15] - Operating cash flow for Q4 was approximately $10.6 million, marking the ninth consecutive quarter of positive cash generation [16] Business Line Data and Key Metrics Changes - AIC revenue grew 104% year-over-year, contributing $15.2 million in revenues for 2025, up from $3.3 million [14][15] - The company exited 2025 with approximately $25 million in ARR from the AIC program, supported by multi-year customer commitments [6][14] - Impressions grew at a strong double-digit rate in Q4, with a full-year growth of 11%, reaching 243 million impressions [5][14] Market Data and Key Metrics Changes - Over 40% of new system deals in 2025 came from net new customers, many transitioning from traditional screen printing to digital production [6][7] - The U.S. market is seeing significant adoption of the Atlas MAX platform among midsize screen printers [7][10] - The company anticipates stronger growth in the footwear and technical apparel segments in 2026, supported by new technologies [11][68] Company Strategy and Development Direction - The company is transitioning towards a more recurring ARR model, which is expected to enhance revenue visibility and scalability [6][11] - Focus remains on penetrating the screen market and expanding the AIC program while delivering on the innovation roadmap [11][12] - The company plans to unveil new technologies at the Connection event in April, aimed at expanding market applications and driving growth [12][68] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in entering 2026 with better visibility and predictability, with 83% of revenues expected to be recurring [11][29] - The company expects low single-digit revenue growth in 2026, with improved profitability and continued positive cash flow [11][18] - Management highlighted the ongoing shift in the apparel industry towards on-demand production and digital solutions as a significant opportunity [56][57] Other Important Information - The company repurchased $27 million in shares under its buyback program, reflecting a commitment to returning value to shareholders [17] - The company is evaluating inorganic growth opportunities that align with its strategic direction [17] Q&A Session Summary Question: Can you provide more details on the peak season performance and Apollo system? - Management noted strong double-digit impression growth during the peak season, with high utilization and customer satisfaction for the Apollo system [22][23] Question: What were the major accomplishments in 2025? - The company successfully transitioned to growth, achieved significant ARR, and penetrated key customers in the screen market [25][26] Question: How should we view the low single-digit revenue forecast for 2026? - Management emphasized a prudent approach to guidance, focusing on long-term quality revenue through the AIC model [36][38] Question: What is the significance of the order from a strategic customer for upgrades? - The order reflects confidence in the technology and will be executed over several quarters, indicating a need for increased capacity [40] Question: How is the Apollo system performing with new customers? - The sales cycle for new customers has been different, requiring more education and workflow integration, but successes are being seen [44][46] Question: What are the expectations for gross margins in 2026? - Management expects gross margins to remain stable as AIC scales, with disciplined expense management [50][51] Question: How does the company view the footwear market opportunity? - The footwear market is seen as a significant opportunity, with innovative solutions being developed to meet customer needs [88][90]

KornitDigital (NASDAQ: KRNT) Fourth Quarter and Full-Year 2025 Earnings Conference Call Supporting Slides February 11, 2026 Kornit Digital. All Rights Reserved. Digital. All Rights Reserved. Kornit Digital. All Rights Reserved. On Today's Call Ronen Samuel CEO Assaf Zipori CFO Andy Backman Chief Capital Markets Officer Kornit Digital. All Rights Reserved. Safe Harbor This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and other U ...

Core Insights - Kornit Digital Ltd. returned to revenue growth in 2025, achieving positive adjusted EBITDA and operating cash flow, driven by a successful peak season that resulted in an 11% increase in full-year impressions [1][2] - The company ended 2025 with approximately $25 million in Annualized Recurring Revenue (ARR) from its All-Inclusive Click (AIC) program, indicating a shift towards a more recurring and predictable business model [1][2] Financial Performance - Total revenue for Q4 2025 was $58.9 million, a decrease from $60.7 million in Q4 2024 [5] - GAAP gross profit margin for Q4 2025 was 48.7%, down from 51.3% in the prior year, while non-GAAP gross profit margin was 50.7%, compared to 55.1% [5] - GAAP net income for Q4 2025 was $1.7 million, or $0.03 per diluted share, compared to $2.2 million, or $0.05 per diluted share, in Q4 2024 [5] - For the full year 2025, total revenue was $208.2 million, up from $203.8 million in 2024 [5] - GAAP net loss for the full year 2025 was $13.5 million, or ($0.30) per diluted share, an improvement from a net loss of $16.8 million, or ($0.35) per diluted share, in 2024 [5] Operational Highlights - The company reported a decrease in GAAP operating expenses for Q4 2025 at $32.2 million, slightly down from $32.3 million in Q4 2024 [5] - Adjusted EBITDA for Q4 2025 was $5.5 million, down from $8.4 million in Q4 2024, with an adjusted EBITDA margin of 9.3% compared to 13.8% in the prior year [5] - For the full year 2025, adjusted EBITDA was $1.5 million, compared to $0.3 million in 2024, with an adjusted EBITDA margin of 0.7% versus 0.2% [12] Future Outlook - The company anticipates unveiling breakthrough innovations in 2026 aimed at expanding addressable markets and accelerating digital adoption [2] - Guidance for Q1 2026 projects revenues between $45 million and $49 million, with an adjusted EBITDA margin expected to be between negative 10% to negative 4% [6]