Kornit Digital(US:KRNT) Globenewswire·2026-02-11 12:00Core 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]