Digital printing systems
Search documents
Kornit Digital Reports Fourth Quarter and Full Year 2025 Results
Globenewswire· 2026-02-11 12:00
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]
Kornit Digital Sets Fourth Quarter and Full Year 2025 Earnings Release Date and Webcast
Globenewswire· 2026-01-28 12:30
Core Viewpoint - Kornit Digital Ltd. is set to release its financial results for Q4 and the full year ended December 31, 2025, on February 11, 2026, prior to market opening [1]. Group 1: Financial Results Announcement - The financial results will be discussed in an earnings conference call and webcast on February 11, 2026, at 8:30 am ET [2]. - The conference call will be accessible via Kornit's website and will include dial-in options for participants [2]. Group 2: Company Overview - Kornit Digital is a global leader in sustainable, on-demand digital fashion and textile production technologies, providing end-to-end solutions including digital printing systems, inks, consumables, software, and fulfillment services [3]. - The company operates globally, serving customers in over 100 countries, with headquarters in Israel and offices in the USA, Europe, and Asia Pacific [3].
Kornit Digital Appoints Andrew G. Backman Chief Capital Markets Officer
Globenewswire· 2026-01-20 12:00
Core Viewpoint - Kornit Digital Ltd. has appointed Andrew G. Backman as Chief Capital Markets Officer to enhance its capital markets activities and investor relations [1][2] Group 1: Appointment Details - Andrew G. Backman will support Kornit's capital markets activities, investor relations, and corporate and business development initiatives starting January 13, 2026 [1] - Backman has extensive experience in capital markets, having participated in over $30 billion in transactions and maintaining relationships with institutional investors and analysts [2] Group 2: Executive Insights - Kornit Digital's CEO, Ronen Samuel, expressed confidence in Backman's return, highlighting his understanding of the company and relationships in the capital markets [3] - Backman emphasized his excitement to return to Kornit during a pivotal time for the company, noting its role in the digital transformation of textile and apparel production [3] Group 3: Company Overview - Kornit Digital is a leader in sustainable, on-demand digital fashion and textile production technologies, offering end-to-end solutions including digital printing systems and fulfillment services [4] - The company operates globally, serving customers in over 100 countries, with headquarters in Israel and offices in the USA, Europe, and Asia Pacific [4]
Kornit Digital Announces CFO Transition and New $100 Million Share Repurchase Program
Globenewswire· 2025-11-17 12:30
Core Insights - Kornit Digital Ltd. announced a CFO transition and a new $100 million share repurchase authorization, reflecting confidence in its strategy and long-term growth plan [1][5][6] CFO Transition - Lauri Hanover will step down as Chief Financial Officer for personal reasons, remaining in the position until mid-December 2025 to ensure a smooth transition [2] - Assaf Zipori has been appointed as the new CFO, bringing extensive financial expertise and operational leadership experience from previous roles, including Global CFO of Nano Dimension Ltd. [3][4] Share Repurchase Program - The Board of Directors has authorized a share repurchase program of up to $100 million, building on $165 million in repurchases executed since 2023 [5][6] - The program reflects Kornit's strong balance sheet and confidence in its long-term growth trajectory, with repurchases to be conducted in accordance with market conditions and regulations [6][7] Company Overview - Kornit Digital is a market leader in sustainable, on-demand digital fashion and textile production technologies, offering end-to-end solutions including digital printing systems and fulfillment services [8]
Kornit Digital Sets Third Quarter 2025 Earnings Release Date and Webcast
Globenewswire· 2025-10-22 12:00
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].
Kornit Digital Sets Second Quarter 2025 Earnings Release Date and Webcast
Globenewswire· 2025-07-23 20:30
Core Viewpoint - Kornit Digital Ltd. is set to release its financial results for Q2 2025 on August 6, 2025, prior to market opening [1]. Group 1: Financial Results Announcement - The financial results for the second quarter ended June 30, 2025, will be announced on August 6, 2025 [1]. - An earnings conference call and webcast will be held on the same day at 8:30 am ET to review the results and operations [2]. Group 2: Conference Call Details - The conference call will be accessible via Kornit's website and will include dial-in options for participants [2]. - A replay of the call will be available approximately three hours after the live event until August 20, 2025 [2][3]. Group 3: Company Overview - Kornit Digital is a leader in sustainable, on-demand digital fashion and textile production technologies, offering end-to-end solutions [3]. - The company operates globally, serving customers in over 100 countries with a comprehensive range of products and services [3].
Kornit Digital to Participate in the William Blair 45th Annual Growth Stock Conference
Globenewswire· 2025-05-30 10:55
Core Viewpoint - Kornit Digital Ltd. is a global leader in sustainable, on-demand, digital fashion and textile production technologies, highlighting its commitment to innovation in the industry [1][3]. Group 1: Company Overview - Kornit Digital is headquartered in Israel and operates globally with offices in the USA, Europe, and Asia Pacific [3]. - The company provides end-to-end solutions that include digital printing systems, inks, consumables, software, and fulfillment services [3]. - Kornit Digital serves customers in over 100 countries, emphasizing its extensive market reach [3]. Group 2: Upcoming Events - Kornit Digital's CEO Ronen Samuel and Global Head of Investor Relations Jared Maymon will present at the William Blair 45th Annual Growth Stock Conference [1]. - The presentation is scheduled for June 3, 2025, at 1:00 pm ET and will be available via live audio webcast [2].
Kornit Digital and MAS ACME USA Sign Strategic Partnership That Unlocks the Agility Required to Win in Today's Fashion and Apparel Production Landscape
GlobeNewswire News Room· 2025-05-21 12:00
Core Insights - Kornit Digital Ltd. has entered a strategic partnership with MAS Holdings to enhance sustainable fashion production through on-demand digital technologies [1][2] - The collaboration aims to address inefficiencies in the fashion supply chain, focusing on reducing overproduction and waste while improving profitability for brands [3][4] Company Overview - Kornit Digital is a leader in sustainable, on-demand digital fashion and textile production technologies, providing end-to-end solutions including digital printing systems and fulfillment services [6] - MAS Holdings is recognized as the largest apparel technology company in South Asia, known for its collaborations with major brands like Nike and Victoria's Secret [2] Strategic Agreement Benefits - The partnership will enable brands to optimize inventory levels and respond quickly to market demands, thus minimizing waste and maximizing full-price sell-through [3][4] - MAS ACME USA will leverage end-to-end supply chain data diagnostics to enhance manufacturing strategies and increase profits by aligning production with accurate demand forecasts [5][9] Industry Impact - The agreement is positioned as a solution to the urgent need for change in the fashion industry, which is characterized by inefficiencies and a complex supply chain [4] - The collaboration promotes onshore production flexibility, allowing for agile responses to market trends and reducing long lead times associated with traditional supply chains [8][9] Future Outlook - The partnership is expected to transform the fashion industry into a more efficient and responsible production model, ultimately leading to sustainable growth and improved working capital efficiency [8][9]
Kornit Digital Files Annual Report on Form 20-F for the Year Ended December 31, 2024
Globenewswire· 2025-03-28 12:42
Core Viewpoint - Kornit Digital LTD. has filed its annual report on Form 20-F for the fiscal year ended December 31, 2024, with the SEC, which includes audited financial statements [1]. Group 1: 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 that encompass digital printing systems, inks, consumables, software, and fulfillment services through a global fulfillment network [3]. - Kornit Digital operates from its headquarters in Israel and has offices in the USA, Europe, and Asia Pacific, serving customers in over 100 countries [3]. Group 2: Investor Relations - The company offers a hard copy of its annual report on Form 20-F, including complete audited financial statements, free of charge to shareholders upon request [2]. - Jared Maymon is the Global Head of Investor Relations and can be contacted for inquiries [4].