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]
Kornit Digital Ltd. (NASDAQ: KRNT) Sees Revenue Growth and Positive Adjusted EBITDA in 2025