Kornit Digital Ltd's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Kornit Digital Ltd reported revenue of $208.2M (+2.1% year on year) and net income of ($13.5M) (+19.5% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Total revenues | $208.2M | $203.8M | $219.8M | $271.5M |
| Total cost of revenues | $115.9M | $112.1M | $152.8M | $175.0M |
| Gross profit | $92.3M | $91.8M | $67.0M | $96.5M |
| Research and development, net | $37.7M | $41.6M | $50.1M | $56.0M |
| Sales and marketing | $58.7M | $58.4M | $66.8M | $71.1M |
| General and administrative | $30.4M | $29.1M | $37.6M | $39.3M |
| Total operating expenses | $126.8M | $129.1M | $154.5M | $166.4M |
| Operating loss | ($34.6M) | ($37.3M) | ($87.5M) | ($69.9M) |
| Financial income, net | $21.9M | $22.4M | $24.1M | $13.4M |
| Loss before income taxes | ($12.7M) | ($15.0M) | ($63.4M) | ($56.5M) |
| Taxes on income | $865.0K | $1.8M | $970.0K | $22.6M |
| Net Loss | ($13.5M) | ($16.8M) | ($64.4M) | ($79.1M) |
| Net loss per ordinary share, basic (in Dollars per share) | -$0.30 | -$0.35 | -$1.31 | -$1.59 |
| Net loss per ordinary share, diluted (in Dollars per share) | -$0.30 | -$0.35 | -$1.31 | -$1.59 |
| Line item | Jun 30, 2022 · YTD | Sep 30, 2021 · YTD | Jun 30, 2020 · YTD |
|---|---|---|---|
| Products | $120.1M | $206.7M | $54.2M |
| Services | $21.3M | $27.8M | $9.4M |
| Total revenues | $141.4M | $234.5M | $63.6M |
| Products | $64.9M | $98.5M | $27.1M |
| Services | $22.6M | $26.5M | $12.7M |
| Total cost of revenues | $87.5M | $124.9M | $39.8M |
| Gross profit | $53.9M | $109.5M | $23.8M |
| Research and development, net | $28.1M | $30.7M | $13.5M |
| Seles and marketing | $37.6M | $40.7M | $16.8M |
| General and administrative | $20.0M | $25.0M | $11.9M |
| Total operating expenses | $85.7M | $96.4M | $42.2M |
| Operating income (loss) | ($31.8M) | $13.1M | ($18.4M) |
| Finance income, net | $6.1M | $2.6M | $2.8M |
| Income (loss) before taxes on income (tax benefit) | ($25.7M) | $15.7M | ($15.6M) |
| Taxes on income (tax benefit) | ($1.0M) | $1.2M | ($927.0K) |
| Net income (loss) | ($24.7M) | $14.6M | ($14.6M) |
| Basic earnings (losses) per share (in Dollars per share) | -$0.50 | — | — |
| Diluted earnings (losses) per share (in Dollars per share) | -$0.50 | — | — |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $35.5M | $35.0M | $39.6M | $104.6M |
| Short-term bank deposits | $368.4M | $205.9M | $235.6M | $275.0M |
| Marketable securities | $53.9M | $222.9M | $57.3M | $20.4M |
| Trade receivables, net of allowances of $9,746 and $9,243, respectively | $60.8M | $65.5M | $93.6M | — |
| Inventories, net | $47.2M | $60.3M | $67.7M | $89.4M |
| Prepaid expenses and other current assets | $29.7M | $25.7M | $28.5M | $22.1M |
| Total current Assets | $595.5M | $615.4M | $522.4M | $578.8M |
| Marketable securities | $33.3M | $48.1M | $223.2M | $246.0M |
| Property, plant and equipment, net | $69.5M | $59.2M | $50.9M | $60.5M |
| Operating lease right-of-use assets | $17.2M | $19.1M | $23.8M | $27.1M |
| Intangible assets, net | $9.4M | $5.7M | $7.6M | $9.9M |
| Goodwill | $29.2M | $29.2M | $29.2M | $29.2M |
| Deposits and other long-term assets | $16.0M | $10.5M | $8.2M | — |
| Severance pay fund | $385.0K | $306.0K | $283.0K | $274.0K |
| Total non-current Assets | $175.0M | $172.1M | $343.2M | $378.8M |
| Total Assets | $770.5M | $787.5M | $865.6M | $957.7M |
| Trade payables | $6.1M | $9.0M | $6.9M | $14.8M |
| Employee and payroll accruals | $13.2M | $13.1M | $12.1M | $14.3M |
| Deferred revenues and customers’ advances | $1.5M | $2.3M | $2.2M | $5.7M |
| Operating lease liabilities | $3.9M | $3.3M | $5.1M | $5.0M |
| Accrued expenses and other current liabilities | $17.3M | $16.6M | $23.8M | $25.6M |
| Total current Liabilities | $42.0M | $44.3M | $50.1M | $65.4M |
| Accrued severance pay | $1.2M | $1.1M | $1.1M | $1.2M |
| Operating lease liabilities | $14.7M | $15.1M | $18.5M | $21.0M |
| Other non-current liabilities | $62.0K | $138.0K | $198.0K | $1.2M |
| Total non-current Liabilities | $15.9M | $16.3M | $19.8M | $23.5M |
| Total Liabilities | $57.9M | $60.6M | $69.9M | $88.8M |
| Ordinary shares of NIS 0.01 par value - Authorized: 200,000,000 shares at December 31, 2025 and 2024; Issued: 51,922,979 and 51,036,338 shares at December 31, 2025 and 2024, respectively; Outstanding: 45,063,793 and 46,051,461 shares at December 31, 2025 and 2024, respectively. | 134.0K | 134.0K | 134.0K | 134.0K |
| Additional paid-in capital | $1.0B | $966.1M | $958.4M | $921.7M |
| Treasury shares at cost, 6,859,186 and 4,984,877 ordinary shares at December 31, 2025 and 2024, respectively. | -166.9M | -121.7M | -55.8M | — |
| Accumulated other comprehensive income (loss) | $2.6M | ($868.0K) | ($7.2M) | ($17.4M) |
| Accumulated deficit | ($130.3M) | ($116.7M) | ($99.9M) | ($35.6M) |
| Total Shareholders’ Equity | $712.6M | $726.9M | $795.7M | $868.8M |
| Total Liabilities and Shareholders’ Equity | $770.5M | $787.5M | $865.6M | $957.7M |
| Line item | Jun 30, 2022 | Sep 30, 2021 | Jun 30, 2020 |
|---|---|---|---|
| Cash and cash equivalents | $196.6M | $96.7M | $47.4M |
| Short-term bank deposits | $260.1M | $241.1M | $79.8M |
| Marketable securities | $21.7M | $25.9M | $36.5M |
| Trade receivables, net | $60.5M | $49.9M | $39.8M |
| Inventories | $89.6M | $55.3M | $42.1M |
| Other accounts receivable and prepaid expenses | $13.5M | $11.1M | $7.9M |
| Total current assets | $641.9M | $480.0M | $253.5M |
| Marketable securities | $226.2M | $93.8M | $73.7M |
| Deposits and other long-term assets | $2.5M | $471.0K | $438.0K |
| Severance pay fund | $323.0K | $342.0K | $295.0K |
| Deferred taxes | $14.2M | $7.1M | $9.0M |
| Property, plant and equipment, net | $53.2M | $38.4M | $24.2M |
| Operating lease right-of-use assets | $28.7M | $22.1M | $22.9M |
| Intangible assets, net | $11.3M | $10.5M | $2.1M |
| Goodwill | $29.2M | $25.4M | $5.6M |
| Total long-term assets | $365.5M | $198.1M | $138.2M |
| Total assets | $1.0B | $678.2M | $391.7M |
| Trade payables | $30.8M | $30.6M | $13.0M |
| Employees and payroll accruals | $15.4M | $22.2M | $9.4M |
| Deferred revenues and advances from customers | $3.0M | $11.7M | $2.6M |
| Operating lease liabilities | $5.1M | $4.5M | $4.1M |
| Other payables and accrued expenses | $21.0M | $22.1M | $6.8M |
| Total current liabilities | $75.3M | $91.2M | $35.9M |
| Accrued severance pay | $1.2M | $1.3M | $1.1M |
| Operating lease liabilities | $22.5M | $18.9M | $19.1M |
| Other long-term liabilities | $1.9M | $1.7M | — |
| Total long-term liabilities | $25.7M | $21.9M | $1.2M |
| Ordinary shares of NIS 0.01 par value – Authorized: 200,000,000 shares as of June 30, 2022 (unaudited) and December 31, 2021; Issued and Outstanding: 49,795,690 shares and 49,619,782 shares as of June 30, 2022 (unaudited) and December 31, 2021, respectively | 134.0K | 123.0K | 106.0K |
| Additional paid in capital | $899.0M | $520.9M | $313.5M |
| Accumulated other comprehensive income (loss) | ($11.5M) | $1.6M | $2.8M |
| Retained earnings | $18.8M | $42.5M | $18.1M |
| Total shareholders’ equity | $906.4M | $565.1M | $334.5M |
| Total liabilities and shareholders’ equity | $1.0B | $678.2M | $391.7M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net loss | ($13.5M) | ($16.8M) | ($64.4M) | ($79.1M) |
| Depreciation and amortization | $11.9M | $13.0M | $14.7M | $13.6M |
| Restructuring and other charges | $856.0K | $1.2M | $19.1M | — |
| Share based compensation | $21.9M | $21.8M | $22.6M | $22.6M |
| Amortization of premium and accretion of discount on marketable securities, net | ($953.0K) | ($389.0K) | $756.0K | $1.8M |
| Realized loss (gain) on sale of marketable securities | ($58.0K) | ($164.0K) | $134.0K | $10.0K |
| Loss from disposal of property and equipment | $453.0K | — | — | $425.0K |
| Trade receivables, net | $4.7M | $28.2M | ($19.2M) | ($15.9M) |
| Inventories, net | $9.7M | $3.0M | $11.0M | ($29.0M) |
| Deposits and other long-term assets | ($5.5M) | ($2.3M) | ($2.3M) | — |
| Prepaid expenses and other current assets | ($4.5M) | $2.8M | ($6.5M) | ($8.6M) |
| Decrease in operating leases right-of-use assets | $3.5M | $4.3M | — | — |
| Decrease in operating lease liabilities | ($1.4M) | ($4.8M) | ($179.0K) | — |
| Trade payables | ($3.8M) | $2.1M | ($6.5M) | ($26.9M) |
| Employees and payroll accruals | $2.0M | $2.5M | ($1.1M) | ($7.7M) |
| Deferred revenues and customers’ advances | ($810.0K) | $181.0K | ($5.0M) | ($1.4M) |
| Accrued expenses and other current liabilities | $236.0K | ($9.0M) | ($10.5M) | $7.2M |
| Accrued severance pay, net | $25.0K | ($52.0K) | ($152.0K) | ($237.0K) |
| Other non-current liabilities | ($76.0K) | ($60.0K) | ($474.0K) | $13.0K |
| Net cash provided by (used in) operating activities | $24.6M | $48.7M | ($34.7M) | ($99.3M) |
| Purchase of property, plant and equipment | ($21.3M) | ($15.1M) | ($7.0M) | ($18.0M) |
| Proceeds from sale of property and equipment | ($180.0K) | — | — | — |
| Proceeds from (investment in) short-term bank deposits, net | ($162.5M) | $29.7M | $39.4M | ($265.9M) |
| Proceeds from sale of marketable securities | $24.8M | $23.0M | $7.2M | $1.9M |
| Proceeds from maturity of marketable securities | $222.3M | $56.6M | $20.5M | $27.9M |
| Investment in marketable securities | ($60.2M) | ($62.7M) | ($34.0M) | ($137.5M) |
| Net cash provided by investing activities | $3.0M | $31.5M | $26.2M | ($407.3M) |
| Exercise of employee stock options | $808.0K | $716.0K | $293.0K | $619.0K |
| Payment of withholding taxes related to exercise of share-based awards | ($1.9M) | ($1.5M) | ($1.0M) | ($951.0K) |
| Repurchase of ordinary shares | -26.1M | -84.1M | -55.8M | — |
| Net cash used in financing activities | ($27.1M) | ($84.8M) | ($56.5M) | ($332.0K) |
| Decrease in cash and cash equivalents | $473.0K | ($4.6M) | ($65.0M) | ($507.0M) |
| Cash and cash equivalents at the beginning of the period | $35.0M | $39.6M | $104.6M | $611.6M |
| Cash and cash equivalents at the end of the period | $35.5M | $35.0M | $39.6M | $104.6M |
| Cash paid during the year for income taxes | $940.0K | $1.8M | $1.9M | $13.2M |
| Purchase of property, plant and equipment | $1.1M | $247.0K | $314.0K | $1.7M |
| Inventory transferred to be used as property, plant and equipment, net | $3.7M | $4.7M | $531.0K | $6.8M |
| Property, plant and equipment transferred to be used as inventory | $290.0K | $367.0K | $865.0K | — |
| Repurchase of ordinary shares | 1.0M | — | — | — |
| Right-of-use asset recognized with corresponding lease liability | $1.6M | ($448.0K) | $2.9M | $7.6M |
| Line item | Jun 30, 2022 · YTD |
|---|---|
| Net income (loss) | ($24.7M) |
| Depreciation and amortization | $5.9M |
| Fair value of warrants deducted from revenues | $12.5M |
| Share-based compensation | $10.8M |
| Amortization of premium and accretion of discount on marketable securities, net | $1.0M |
| Realized gain on sale and redemption of marketable securities | $10.0K |
| Trade receivables, net | ($9.0M) |
| Other accounts receivables and prepaid expenses | ($1.8M) |
| Inventory | ($23.9M) |
| Operating leases right-of-use assets and liabilities, net | ($2.9M) |
| Deferred taxes | ($2.4M) |
| Deposits and other long-term assets | ($1.3M) |
| Trade payables | ($11.9M) |
| Employees and payroll accruals | ($6.8M) |
| Deferred revenues and advances from customers | ($4.1M) |
| Other payables and accrued expenses | $3.4M |
| Accrued severance pay, net | ($292.0K) |
| Other long-term liabilities | $729.0K |
| Loss from sale and disposal of property plant and Equipment | $41.0K |
| Net cash provided by (used in) operating activities | ($54.6M) |
| Purchase of property, plant and equipment | ($9.4M) |
| Investing in equity securities | ($354.0K) |
| Acquisition of intangible assets | ($133.0K) |
| Proceeds from sale of property, plant and equipment | $55.0K |
| Cash paid in connection with acquisition, net of cash acquired | ($14.7M) |
| Investment in bank deposits | ($250.9M) |
| Proceeds from sales and redemption of marketable securities | $1.9M |
| Proceeds from maturity of marketable securities | $17.4M |
| Investment in marketable securities | ($103.9M) |
| Net cash used in investing activities | ($360.0M) |
| Exercise of employee stock options | $340.0K |
| Payments related to shares withheld for taxes | -682.0K |
| Net cash provided by (used in) financing activities | ($342.0K) |
| Decrease in cash and cash equivalents | ($414.9M) |
| Cash and cash equivalents at the beginning of the period | $611.6M |
| Cash and cash equivalents at the end of the period | $196.6M |
| Purchase of property, plant and equipment acquired in credit | $1.8M |
| Inventory transferred to be used as property and equipment | $1.3M |
Kornit Digital Ltd score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.