Visit Kornit at Hall 6, Stand C204 and learn about the power of agile print production and smart manufacturing Kornit Footwear Kornit's technology is powering the production of millions of pairs of sports shoes currently sold by leading global brands Kornit Footwear At ITMA Asia + CITME Singapore 2025, Kornit Digital is unveiling for the first time its breakthrough footwear solution - bringing scalable production to sports and athleisure SINGAPORE, Oct. 27, 2025 (GLOBE NEWSWIRE) -- ITMA Asia + CITME ...

Visit Kornit at Hall 6, Stand C204 at ITMA Asia + CITME Singapore 2025 ITMA Apparel At ITMA Asia + CITME Singapore 2025, Kornit Digital is showcasing how digital is transforming the core of apparel and footwear manufacturing ITMA Apparel At Hall 6, Stand C204 at Singapore Expo, live demonstrations showcase how apparel can be designed and produced at record speed with the highest quality with Kornit technology SINGAPORE, Oct. 27, 2025 (GLOBE NEWSWIRE) -- ITMA Asia + CITME Singapore 2025 -- Kornit Digi ...

Core Viewpoint - Kornit Digital Ltd. is set to release its financial results for Q3 2025 on November 5, 2025, prior to market opening [1]. Financial Results Announcement - The financial results will be announced on November 5, 2025, before the market opens [1]. - An earnings conference call and webcast will take place on the same day at 8:30 am ET to review the results and operations [2]. - The conference call will be accessible via Kornit's website and will also have dial-in options for participants [2]. Company Overview - Kornit Digital is a global leader in sustainable, on-demand digital fashion and textile production technologies [3]. - The company provides end-to-end solutions, including digital printing systems, inks, consumables, software, and fulfillment services [3]. - Kornit Digital operates globally, serving customers in over 100 countries, with headquarters in Israel and offices in the USA, Europe, and Asia Pacific [3].

Core Insights - Kornit Digital LTD. is a leader in sustainable, on-demand digital fashion and textile production technologies, with Snuggle expanding its investment in Kornit's Atlas MAX PLUS platform to meet rising customer demand and maintain quality [1][4] Group 1: Company Expansion and Production Capacity - Snuggle has increased its production capacity by more than three times since 2017, now producing over 24,000 pieces daily using Kornit technology [2][7] - The company has expanded its fleet to nine Kornit Digital printing systems, enhancing its ability to deliver superior graphic detail and retail quality [6][7] Group 2: Strategic Partnership and Market Adaptation - The partnership between Snuggle and Kornit is strategic for growth, with Snuggle's success tied to Kornit's advanced direct-to-garment systems [3][10] - Kornit technology enables Snuggle to adapt to market demands for speed, quality, and flexibility, positioning them as a leader in high-quality, on-demand fulfillment [3][10] Group 3: Industry Impact - The collaboration exemplifies how digital textile production is transforming the industry, allowing companies to meet evolving customer requirements effectively [3][10] - Kornit Digital serves customers in over 100 countries, highlighting its global reach and influence in the fashion and textile production sector [4]

Core Insights - Kornit Digital LTD. is a leader in sustainable, on-demand digital fashion and textile production technologies, recently partnering with Printeez, Inc. to transition from screen printing to digital production using Kornit Atlas MAX POLY systems [1][3][5] Company Overview - Printeez, based in Quebec, specializes in polyester and blended apparel, serving various sectors including professional sports and eCommerce without minimum order constraints [2] - The company has expanded its investment in Kornit systems from two to four, significantly reducing reliance on traditional screen printing methods [3] Industry Trends - The sports and apparel industry is facing pressure to provide rapid turnaround and retail-like experiences, with Kornit enabling companies like Printeez to meet these demands through speed, customization, and quality [4] - Kornit Digital supports small businesses and entrepreneurs in the apparel sector, helping them streamline labor costs and enhance production capabilities [4]

Core Insights - Kornit Digital is transitioning a premier screen printing contractor, Promos Ink, from analog systems to its digital production solutions, enhancing agility and quality in custom apparel delivery [1][6] - Promos Ink, based in Dallas, TX, has a strong reputation in screen printing and has over 1,000 partners, focusing on high-quality custom prints [2] - The adoption of Kornit’s Atlas MAX PLUS and Apollo platforms allows Promos Ink to meet the increasing demand for rapid turnaround and diverse order quantities without sacrificing quality [3][4] Company Overview - Kornit Digital is a global leader in sustainable, on-demand digital fashion and textile production technologies, offering comprehensive solutions including printing systems, inks, software, and fulfillment services [5] - The company operates in over 100 countries and has a significant presence in the USA, Europe, and Asia Pacific [5] Industry Context - The custom fashion and apparel market is evolving, with brands facing pressure to deliver high-quality products quickly in an eCommerce-driven environment [4] - The shift from traditional screen printing to on-demand digital production is seen as essential for meeting modern consumer demands [4][6]

Core Insights - Kornit Digital LTD. has been selected by Printdash as the foundation for its direct-to-garment (DTG) production needs, utilizing Kornit Apollo and Kornit Atlas MAX PLUS systems to enhance delivery speed and quality [1][3][6] - Printdash aims to produce each customer's order within 24 hours, partnering with major online platforms like Amazon, Shopify, TikTok Shop, and Walmart to achieve this goal [2][4] - The collaboration with Kornit is expected to significantly reduce production lead times and improve delivery efficiency, with Printdash targeting 99% of orders to be delivered within seven days [3][4] Company Overview - Kornit Digital is a global leader in sustainable, on-demand digital fashion and textile production technologies, offering comprehensive solutions including digital printing systems, inks, software, and fulfillment services [5] - The company operates a global fulfillment network and serves customers in over 100 countries, with headquarters in Israel and offices in the USA, Europe, and Asia Pacific [5]

Core Insights - Kornit Digital (KRNT) reported quarterly earnings of $0.03 per share, exceeding the Zacks Consensus Estimate of $0.02 per share, and showing an increase from $0.02 per share a year ago, resulting in an earnings surprise of +50.00% [1] - The company posted revenues of $49.75 million for the quarter ended June 2025, which was 4.35% below the Zacks Consensus Estimate, but an increase from $48.62 million year-over-year [2] - Kornit Digital has surpassed consensus EPS estimates three times over the last four quarters, while also topping revenue estimates three times in the same period [2] Earnings Outlook - The future performance of Kornit Digital's stock will largely depend on management's commentary during the earnings call and the sustainability of the stock's immediate price movement based on the recently released numbers [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.09 on revenues of $57.34 million, and for the current fiscal year, it is $0.31 on revenues of $222.46 million [7] Industry Context - The Commercial Printing industry, to which Kornit Digital belongs, is currently ranked in the top 13% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Financial Data and Key Metrics Changes - The company reported second quarter revenues of approximately $49.8 million, which is at the low end of the guidance range of $49 million to $55 million, and represents a modest year-over-year growth of 2% [5][20] - Gross margin was 46.3%, down from 48.6% in the same period last year, primarily due to lower sales of consumables and Atlas Max upgrades [21] - Adjusted EBITDA margin was negative 2.3%, an improvement from negative 3.2% in the same period last year [22] - Annual recurring revenues (ARR) increased by $4 million to approximately $19 million, reflecting progress in building a more predictable business [6][30] Business Line Data and Key Metrics Changes - Service revenues declined year-over-year due to fewer Atlas MAX upgrades, which had contributed significantly to service revenue in the comparable period of 2024 [6][20] - System sales doubled compared to last year, driven by the all-inclusive click (AIC) business model, which continues to drive growth [29][46] - Consumable revenues declined year-over-year, largely due to customers adjusting their inventory levels after a buildup in late 2023 and early 2024 [6][30] Market Data and Key Metrics Changes - The company saw a 5% increase in impressions to 222.7 million on a trailing twelve-month basis, with strong double-digit growth among top customers in both the direct-to-garment (DTG) and roll-to-roll segments [6][13] - The screen printing market is beginning to embrace digital solutions, with significant adoption from new customers globally [11][12] Company Strategy and Development Direction - The company is focused on driving impression growth across its customized design installed base while accelerating penetration into the screen market by transforming analog workflows to digital [7][15] - The AIC model is expected to remain a key driver of growth as both utilization and footprint expand [10][49] - The company is investing in application development, automation, print quality, and ASC offerings designed for longer run production and large-scale operators [14][15] Management's Comments on Operating Environment and Future Outlook - Management noted that while Q2 results were below expectations, there are positive signs in other areas, particularly in system sales and AIC revenue [28] - The company expects modest top-line growth in the second half of the year, with a focus on expanding the ARR base and setting the stage for meaningful growth in 2026 [17][18] - Management is confident in the strategy and ability to deliver on long-term goals, despite potential impacts from tariffs on products originating from Israel [18][19] Other Important Information - The company completed a $100 million accelerated share repurchase program, bringing total repurchases since 2023 to 6.7 million shares for a total consideration of $164.8 million [23][24] - The company is actively managing the impact of a recently announced 15% tariff on products originating from Israel, with mitigation strategies in place [18] Q&A Session Summary Question: Broader commentary on the second half outlook - Management acknowledged softness in Q2 due to lower ink and service revenue but highlighted strong growth in system sales and AIC revenue [28][29] Question: Impact of inventory destocking - Management explained that key customers had increased their safety inventory to about six months, which is now being adjusted back to two to three months [36] Question: Orders for Apollo systems - Management indicated that they are tracking below the target of 30 Apollo systems for 2025 but are encouraged by customer feedback and adoption [40][41] Question: ARR tracking below expectations - Management clarified that while ARR is currently below expectations, they anticipate meaningful growth in 2026 due to a strong pipeline and increasing adoption of the AIC model [52][54] Question: Atlas Max upgrade business - Management confirmed that most of the installed base has been upgraded to Atlas Max, with upgrades expected to contribute to Q3 and Q4 revenues [57] Question: Customer motivation from recent legislation - Management noted that the recent bill passed in North America could influence customer decisions and potentially accelerate deals [68]

Financial Performance - Q2 2025 revenues reached $49.8 million, driven by systems sales and AIC, but below the midpoint of guidance due to consumables and service headwinds[10, 21] - The adjusted EBITDA margin was -2.3%[10] - Non-GAAP gross margin decreased to 46.3% in Q2 2025, compared to 48.6% in Q2 2024, primarily due to a lower portion of consumables revenue in the sales mix[24, 25] - Non-GAAP operating expenses decreased to $26.7 million in Q2 2025 from $28 million in Q2 2024[27] - Cash, deposits, and marketable securities were approximately $489 million at the end of Q2 2025[31] Market Dynamics - Impressions grew 4.7% year-over-year to 222.7 million, with strong double-digit growth from top customers in DTG and R2R[11, 37] - Annual recurring revenue from AIC grew to $18.9 million[10, 39] Future Outlook - The company expects low single-digit growth in H2[15] - Q3 2025 revenues are expected to be in the range of $49 million to $55 million, with an adjusted EBITDA margin between -3% and 3%[33]