Kornit Digital Ltd. (NASDAQ:KRNT) Q3 2022 Earnings Conference Call November 9, 2022 8:30 AM ET Company Participants Andrew Backman - Global Head of Investor Relations Ronen Samuel - Chief Executive Officer Lauri Hanover - Incoming Chief Financial Officer Amir Shaked-Mandel - Executive Vice President of Corporate Development Conference Call Participants Jim Suva - Citi Jared Maymon - Berenberg Tavy Rosner - Barclays Brian Drab - William Blair Chris Grenga - Needham Chris Moore - CJS Securities Greg Palm - Cr ...

Exhibit 99.1 KORNIT DIGITAL LTD. AND SUBSIDIARIES INTERIM CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2022 UNAUDITED U.S. DOLLARS IN THOUSANDS INDEX | | Page | | --- | --- | | Interim Consolidated Balance Sheets | 2-3 | | Interim Consolidated Statements of Operations | 4 | | Interim Consolidated Statements of Comprehensive Income (Loss) | 5 | | Interim Statements of Changes in Shareholders' Equity | 6 | | Interim Consolidated Statements of Cash Flows | 7-8 | | Notes to Interim Consolidated Financial St ...

Company Overview - Kornit Digital aims to become the operating system for sustainable on-demand fashion[3,7] - The company targets $1 billion in revenue by 2026[7,71] - Kornit boasts a significant customer base of over 1,200[9] Market and Technology - The traditional supply chain is broken, with excess production accounting for 30% of the issues[13] - The company estimates the decorated apparel market TAM (Total Addressable Market) at 21 billion impressions in DTG (Direct-to-Garment)[60] - Kornit projects 31 billion impressions by the end of 2026[10,60] - The DTF (Direct-to-Film) market TAM is estimated at 39 billion square meters[60] - The company projects 42 billion square meters in 2026[10,60] Sustainability Initiatives - By 2026, Kornit technology aims to enable the responsible production of approximately 2.5 billion apparel items[55] - This initiative is projected to save 4.3 trillion liters of water[55] - It also aims to reduce 17.2 billion kilograms of greenhouse gas emissions[55] - Overproduction in the fashion industry is expected to be reduced by 1.1 billion apparel items[55] Financial Performance - The company is targeting a gross margin of 50%-54% and an operating margin of over 20% by 2026[71,73,78]

Financial Data and Key Metrics Changes - The company reported second quarter revenues of $58.1 million, which was impacted by approximately $4.5 million of noncash warrants related to a global strategic account, aligning with preliminary revenue expectations [6][15] - Non-GAAP gross margin for the second quarter was 38.6%, down from 48.2% in the same period last year, primarily due to lower systems revenues in the Americas [15][16] - Non-GAAP net loss for the second quarter was $15.6 million, or a loss of $0.31 per basic share, compared to a net income of $10.5 million, or $0.22 per diluted share, in the same period last year [19] Business Line Data and Key Metrics Changes - DTG systems revenues fell short of expectations, particularly in the Americas, while consumables revenues met expectations [6][15] - The company anticipates consumables to grow sequentially throughout the remainder of 2022, driven by customer preparations for peak season [8][21] Market Data and Key Metrics Changes - EMEA and Asia Pacific regions showed good growth in the first half of the year, with EMEA's pipeline improving and Asia Pacific opening up post-lockdowns [8][9] - In the Americas, particularly Latin America, demand is increasing, especially for the press to MAX [9][10] Company Strategy and Development Direction - The company is focusing on three key areas: helping brands understand the benefits of on-demand production, ensuring successful rollout of new products, and returning to profitability [11][12] - A share repurchase program of up to $75 million was authorized to return value to shareholders while maintaining growth plans [13][20] Management's Comments on Operating Environment and Future Outlook - Management noted that while the operating environment remains uncertain, opportunities for growth are intact, particularly with new product launches and customer expansions [10][12] - The company expects revenues for Q3 to be between $66 million to $70 million, with a similar outlook for Q4, driven by consumables and services [22][21] Other Important Information - The company announced a leadership transition with Lauri Hanover set to become the new CFO in November [14][25] - The acquisition of Tesoma was completed during the quarter, contributing to an increase in employee count [19][20] Q&A Session Summary Question: Update on hardware units sold and potential Q4 shortfall - Management confirmed that systems delayed from Q2 are expected to be shipped and recognized in H2, with good visibility on site readiness [31][32] Question: Growth expectations for consumables in Q3 and Q4 - Management expects sequential growth in consumables for both quarters, although at a lower pace compared to previous years [33] Question: Visibility into order pipeline for 2023 - Management indicated it is too early to provide guidance for 2023, but there is strong visibility for global strategic accounts [36][38] Question: Operating expenses and margin improvement - Management expects operating margins to improve in Q3 and Q4 due to a higher mix of consumables and operational efficiencies [40][41] Question: Long-term revenue target confidence - Management expressed confidence in the fundamentals of the company and the potential for significant growth, aiming for $1 billion in revenue by 2026 [45][46] Question: Customer interest in Apollo machine - Management highlighted strong demand for the Apollo, particularly for short to mid-run production, emphasizing its efficiency and cost-effectiveness [49][51] Question: Impact of market conditions on customer plans for upgrades - Management noted that while some upgrades were delayed, there is a normalization in customer demand, with expectations for strong upgrade activity in Q3 and 2023 [55][56] Question: KornitX business impact from market slowdown - Management stated that KornitX remains a core strategy, with ongoing improvements and customer engagement [58] Question: Product introductions and revenue drivers - Management indicated that Atlas MAX is gaining traction, while DTF technology is becoming increasingly significant for revenue [62][63]

1 ©2022 Kornit Digital. All rights reserved. Kornit Digital bordine KORNIT DIGITAL (NASDAQ: KRNT) BECOMING THE OPERATING SYSTEM FOR SUSTAINABLE ON-DEMAND FASHIONX SAFE HARBOR This presentation contains forward-looking statements within the meaning of U.S. securities laws. All statements other than statements of historical fact contained in this presentation are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "p ...

Financial Performance - First quarter revenues were $83.3 million, representing a 26% year-over-year increase, net of an $8.0 million non-cash warrants impact[4] - GAAP net loss for the first quarter was $5.2 million, or $0.10 per basic share, compared to a net income of $5.1 million, or $0.11 per share, in the prior year[9] - Non-GAAP operating loss for the first quarter was $0.7 million, net of the $8.0 million attributed to the non-cash impact of warrants[4] - Total revenues for the three months ended March 31, 2022, were $83,293,000, a 25.9% increase from $66,123,000 in the same period of 2021[21] - Gross profit for the same period was $33,402,000, compared to $30,410,000 in 2021, reflecting an increase of 6.5%[21] - Operating expenses increased to $40,307,000 from $27,301,000, representing a 47.8% rise year-over-year[21] - The company reported a net loss of $5,197,000 for Q1 2022, compared to a net income of $5,099,000 in Q1 2021[21] - Basic and diluted net loss per share was $(0.10) for Q1 2022, down from $0.11 in Q1 2021[21] - Non-GAAP net income for Q1 2022 was $166,000, significantly lower than $7,730,000 in Q1 2021[24] - Cash flows from operating activities showed a net cash used of $47,082,000 in Q1 2022, compared to cash provided of $5,119,000 in Q1 2021[28] - Cash and cash equivalents at the end of Q1 2022 were $77,284,000, down from $94,171,000 at the end of Q1 2021[28] - The weighted average number of shares used in computing diluted net loss per share was 49,658,028 for Q1 2022, compared to 47,568,215 in Q1 2021[24] Future Projections - The company expects second quarter revenue to be in the range of $85 million to $95 million, with non-GAAP operating income projected between -2% to +2% of revenue[7] - The company anticipates stronger revenues in the third and fourth quarters compared to the second quarter, with operating margins expected in the low to mid-teens[8] - Kornit Digital aims to achieve a $125 million run-rate business by the fourth quarter of 2023 and is on a path to become a billion-dollar business by 2026[3] Product Development - Kornit Digital introduced groundbreaking new products, including Atlas MAX Poly and Kornit Apollo, during Kornit Fashion Week in Tel Aviv[4] - Kornit Digital continues to invest strategically in new product initiatives and go-to-market strategies to drive long-term growth[5] Regional Performance - The company reported record performance in the Asia Pacific region and strong results in EMEA and Americas[4] Financial Position - The company maintains a strong balance sheet with total assets of $1,026.1 million as of March 31, 2022[19] - The company invested $410,985,000 in bank deposits during Q1 2022, a significant increase from $18,855,000 in the previous year[28]

Kornit Digital Ltd. (NASDAQ:KRNT) Q1 2022 Earnings Conference Call May 11, 2022 8:30 AM ET Company Participants Ronen Samuel - CEO Alon Rozner - CFO Amir Shaked-Mandel - EVP, Corporate Development Andrew Backman - IR Conference Call Participants Jim Suva - Citigroup Tavy Rosner - Barclays Rod Hall - Goldman Sachs Jared Maymon - Berenberg Capital Markets Brian Drab - William Blair Jim Ricchiuti - Needham & Company Dan - CJS Securities Dan Moore - CJS Securities Greg Palm - Craig-Hallum Capital Operator Greet ...

1 ©2022 Kornit Digital. All rights reserved. matters KORNIT DIGITAL (NASDAQ: KRNT) First Quarter 2022 Earnings Conference Call Supporting Slides May 11, 2022 SAFE HARBOR This presentation contains forward-looking statements within the meaning of U.S. securities laws. All statements other than statements of historical fact contained in this presentation are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expects," "plans, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-36903 KORNIT DIGITAL LTD. (Exact name of Registrant as specified ...

Kornit Digital Ltd. (NASDAQ:KRNT) Q4 2021 Earnings Conference Call February 15, 2022 8:30 AM ET Company Participants Andrew Backman - Global Head of Investor Relations Ronen Samuel - Chief Executive Officer Alon Rozner - Chief Financial Officer Amir Shaked-Mandel - Executive Vice President of Corporate Development Conference Call Participants Rod Hall - Goldman Sachs Patrick Ho - Stifel Nicolaus & Company Jim Suva - Citigroup Brian Drab - William Blair Tavy Rosner - Barclays Greg Palm - Craig-Hallum James R ...