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Kornit Digital Financials

KRNT
Source SEC Filings (10-K/10-Q) Updated Mar 26, 2026 Currency USD FYE March

This page shows Kornit Digital (KRNT) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 40 / 100
Financial Profile 40/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
0

Kornit Digital has an operating margin of -22.1%, meaning the company retains $-22 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -18.3% the prior year.

Growth
0

Kornit Digital's revenue declined 23.4% year-over-year, from $203.8M to $156.1M. This contraction results in a growth score of 0/100.

Leverage
100

Kornit Digital carries a low D/E ratio of 0.08, meaning only $0.08 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
100

With a current ratio of 14.18, Kornit Digital holds $14.18 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 100/100.

Cash Flow
30

While Kornit Digital generated $24.6M in operating cash flow, capex of $21.3M consumed most of it, leaving $3.4M in free cash flow. This results in a low score of 30/100, reflecting heavy capital investment rather than weak cash generation.

Returns
7

Kornit Digital generates a -1.9% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 7/100. This is up from -2.3% the prior year.

Piotroski F-Score Neutral
5/9

Kornit Digital passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed
-1.82x

For every $1 of reported earnings, Kornit Digital generates $-1.82 in operating cash flow ($24.6M OCF vs -$13.5M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Key Financial Metrics

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Earnings & Revenue

Revenue
$156.1M
YoY-23.4%
5Y CAGR-4.2%
10Y CAGR+6.1%

Kornit Digital generated $156.1M in revenue in fiscal year 2025. This represents a decrease of 23.4% from the prior year.

EBITDA
-$22.7M
YoY+6.6%

Kornit Digital's EBITDA was -$22.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 6.6% from the prior year.

Net Income
-$13.5M
YoY+19.5%

Kornit Digital reported -$13.5M in net income in fiscal year 2025. This represents an increase of 19.5% from the prior year.

EPS (Diluted)
$-0.30
YoY+14.3%

Kornit Digital earned $-0.30 per diluted share (EPS) in fiscal year 2025. This represents an increase of 14.3% from the prior year.

Cash & Balance Sheet

Free Cash Flow
$3.4M
YoY-90.0%
5Y CAGR-29.2%

Kornit Digital generated $3.4M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 90.0% from the prior year.

Cash & Debt
$35.5M
YoY+1.4%
5Y CAGR-22.4%
10Y CAGR+6.7%

Kornit Digital held $35.5M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share
N/A
Shares Outstanding
46M
YoY+0.5%
5Y CAGR+0.1%

Kornit Digital had 46M shares outstanding in fiscal year 2025. This represents an increase of 0.5% from the prior year.

Margins & Returns

Gross Margin
59.1%
YoY+14.1pp
5Y CAGR+13.7pp
10Y CAGR+12.1pp

Kornit Digital's gross margin was 59.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 14.1 percentage points from the prior year.

Operating Margin
-22.1%
YoY-3.8pp
5Y CAGR-18.7pp
10Y CAGR-28.8pp

Kornit Digital's operating margin was -22.1% in fiscal year 2025, reflecting core business profitability. This is down 3.8 percentage points from the prior year.

Net Margin
-8.7%
YoY-0.4pp
5Y CAGR-6.2pp
10Y CAGR-14.1pp

Kornit Digital's net profit margin was -8.7% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.4 percentage points from the prior year.

Return on Equity
-1.9%
YoY+0.4pp
5Y CAGR-1.0pp
10Y CAGR-6.6pp

Kornit Digital's ROE was -1.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.4 percentage points from the prior year.

Capital Allocation

R&D Spending
$37.7M
YoY-9.3%
5Y CAGR+3.7%
10Y CAGR+12.2%

Kornit Digital invested $37.7M in research and development in fiscal year 2025. This represents a decrease of 9.3% from the prior year.

Share Buybacks
$26.1M
YoY-69.0%

Kornit Digital spent $26.1M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 69.0% from the prior year.

Capital Expenditures
$21.3M
YoY+40.5%
5Y CAGR+9.5%
10Y CAGR+27.6%

Kornit Digital invested $21.3M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 40.5% from the prior year.

KRNT Income Statement

Metric Q3'25 Q3'24 Q3'23 Q1'23 Q3'22 Q2'22 Q3'21 Q2'21
Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses N/A N/A N/A N/A N/A N/A N/A N/A
Operating Income N/A N/A N/A N/A N/A N/A N/A N/A
Interest Expense N/A N/A N/A N/A N/A N/A N/A N/A
Income Tax N/A N/A N/A N/A N/A N/A N/A N/A
Net Income N/A N/A N/A N/A N/A N/A N/A N/A
EPS (Diluted) N/A N/A N/A N/A N/A N/A N/A N/A

KRNT Balance Sheet

Metric Q3'25 Q3'24 Q3'23 Q1'23 Q3'22 Q2'22 Q3'21 Q2'21
Total Assets $787.5M-9.0% $865.6M-9.6% $957.7M-4.9% $1.0B-3.2% $1.0B+53.5% $678.2M+7.8% $629.0M N/A
Current Assets $615.4M+17.8% $522.4M-9.8% $578.8M-9.8% $641.9M-17.2% $775.3M+61.5% $480.0M+0.5% $477.5M N/A
Cash & Equivalents $35.0M-11.6% $39.6M-62.1% $104.6M-46.8% $196.6M-67.9% $611.6M+532.6% $96.7M-23.1% $125.8M-55.7% $283.7M
Inventory $60.3M-10.9% $67.7M-24.3% $89.4M-0.2% $89.6M+42.2% $63.0M+13.9% $55.3M+5.4% $52.5M N/A
Accounts Receivable $65.5M-30.1% $93.6M+39.0% $67.4M+11.4% $60.5M+21044.4% $286K-99.4% $49.9M-3.3% $51.6M N/A
Goodwill $29.2M0.0% $29.2M0.0% $29.2M0.0% $29.2M+14.6% $25.4M0.0% $25.4M+54.5% $16.5M N/A
Total Liabilities $60.6M-13.3% $69.9M-21.3% $88.8M-12.0% $101.0M-16.8% $121.3M+7.3% $113.0M+2.8% $110.0M N/A
Current Liabilities $44.3M-11.5% $50.1M-23.4% $65.4M-13.2% $75.3M-22.1% $96.7M+6.0% $91.2M+1.7% $89.6M N/A
Long-Term Debt N/A N/A N/A N/A N/A N/A N/A N/A
Total Equity $726.9M-8.6% $795.7M-8.4% $868.8M-4.1% $906.4M-1.4% $919.6M+62.7% $565.1M+8.9% $519.0M+2.3% $507.6M
Retained Earnings -$116.7M-16.8% -$99.9M-180.8% -$35.6M-289.2% $18.8M-56.7% $43.5M+2.2% $42.5M+52.1% $28.0M N/A

KRNT Cash Flow Statement

Metric Q3'25 Q3'24 Q3'23 Q1'23 Q3'22 Q2'22 Q3'21 Q2'21
Operating Cash Flow N/A N/A N/A N/A $10.5M-67.9% $32.8M-4.5% $34.3M+68.4% $20.4M
Capital Expenditures N/A N/A N/A N/A $5.1M+30.7% $3.9M+41.6% $2.7M+21.5% $2.2M
Free Cash Flow N/A N/A N/A N/A $5.5M-81.1% $28.9M-8.5% $31.6M+74.2% $18.2M
Investing Cash Flow N/A N/A N/A N/A $164.5M+638.0% -$30.6M+84.1% -$191.9M-476.4% $51.0M
Financing Cash Flow N/A N/A N/A N/A $339.9M+18066.5% $1.9M+449.7% -$535K-100.3% $164.8M
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks N/A N/A N/A N/A N/A N/A N/A N/A

KRNT Financial Ratios

Metric Q3'25 Q3'24 Q3'23 Q1'23 Q3'22 Q2'22 Q3'21 Q2'21
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin N/A N/A N/A N/A N/A N/A N/A N/A
Net Margin N/A N/A N/A N/A N/A N/A N/A N/A
Return on Equity N/A N/A N/A N/A N/A N/A N/A N/A
Return on Assets N/A N/A N/A N/A N/A N/A N/A N/A
Current Ratio 13.88+3.5 10.43+1.6 8.85+0.3 8.53+0.5 8.02+2.8 5.27-0.1 5.33 N/A
Debt-to-Equity 0.080.0 0.09-0.0 0.100.0 0.11-0.0 0.13-0.1 0.20-0.0 0.21 N/A
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

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Frequently Asked Questions

Kornit Digital (KRNT) reported $156.1M in total revenue for fiscal year 2025. This represents a -23.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Kornit Digital (KRNT) revenue declined by 23.4% year-over-year, from $203.8M to $156.1M in fiscal year 2025.

No, Kornit Digital (KRNT) reported a net income of -$13.5M in fiscal year 2025, with a net profit margin of -8.7%.

Kornit Digital (KRNT) reported diluted earnings per share of $-0.30 for fiscal year 2025. This represents a 14.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Kornit Digital (KRNT) had EBITDA of -$22.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

Kornit Digital (KRNT) had a gross margin of 59.1% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

Kornit Digital (KRNT) had an operating margin of -22.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Kornit Digital (KRNT) had a net profit margin of -8.7% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Kornit Digital (KRNT) has a return on equity of -1.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Kornit Digital (KRNT) generated $3.4M in free cash flow during fiscal year 2025. This represents a -90.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

Kornit Digital (KRNT) generated $24.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Kornit Digital (KRNT) had $770.5M in total assets as of fiscal year 2025, including both current and long-term assets.

Kornit Digital (KRNT) invested $21.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Kornit Digital (KRNT) invested $37.7M in research and development during fiscal year 2025.

Yes, Kornit Digital (KRNT) spent $26.1M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Kornit Digital (KRNT) had 46M shares outstanding as of fiscal year 2025.

Kornit Digital (KRNT) had a current ratio of 14.18 as of fiscal year 2025, which is generally considered healthy.

Kornit Digital (KRNT) had a debt-to-equity ratio of 0.08 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Kornit Digital (KRNT) had a return on assets of -1.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Kornit Digital (KRNT) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Kornit Digital (KRNT) has an earnings quality ratio of -1.82x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Kornit Digital (KRNT) scores 40 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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