Kornit Digital (KRNT) reported $208.2M in revenue for fiscal year 2025, up 2.1% from the prior fiscal year. This page shows its 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).
Kornit’s dominant mechanic is margin recovery and cost compression, but reinvestment still absorbs most operating cash.
In FY2025, operating cash flow was$24.6M despite a-$13.5M net loss, so cash generation temporarily outpaced reported earnings. Capital expenditures of$21.3M then reduced free cash flow to$3.4M , showing that cash conversion is positive but highly reinvestment-sensitive.
Gross margin recovered from
FY2025 liabilities were
Financial Health Signals
Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Kornit Digital's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Kornit Digital has an operating margin of -16.6%, meaning the company loses $17 on every $100 of revenue. This results in a profitability score of 22/100. This is up from -18.3% the prior year.
Kornit Digital's revenue grew a modest 2.1% year-over-year to $208.2M. This slow but positive growth earns a score of 23/100.
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 82/100, indicating a strong balance sheet with room for future borrowing.
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 99/100.
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 35/100, reflecting heavy capital investment rather than weak cash generation.
Kornit Digital posts a -1.9% return on equity (ROE), meaning it loses $2 for every $100 of shareholders' equity. This results in a returns score of 31/100. This is up from -2.3% the prior year.
Kornit Digital scores 8.19, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($718.4M) relative to total liabilities ($57.9M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Kornit Digital passes 5 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.
Kornit Digital reported a net loss of $13.5M while generating $24.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Kornit Digital generated $208.2M in revenue in fiscal year 2025. This represents an increase of 2.1% from the prior year.
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.
Kornit Digital reported -$13.5M in net income in fiscal year 2025. This represents an increase of 19.5% from the prior year.
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
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.
Kornit Digital held $35.5M in cash as of fiscal year 2025; long-term debt is not reported for that period.
Not reported for fiscal year 2025.
Margins & Returns
Kornit Digital's gross margin was 44.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.7 percentage points from the prior year.
Kornit Digital's operating margin was -16.6% in fiscal year 2025, reflecting core business profitability. This is up 1.7 percentage points from the prior year.
Kornit Digital's net profit margin was -6.5% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.8 percentage points from the prior year.
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
Kornit Digital invested $37.7M in research and development in fiscal year 2025. This represents a decrease of 9.3% from the prior year.
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.
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
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'25 | Q4'24 | Q4'23 | Q4'22 | Q2'22 | Q4'21 | Q3'21 | Q4'20 |
|---|---|---|---|---|---|---|---|---|
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | $0.02 | N/A | $0.15 |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, Interest Expense, Income Tax, Net Income.
KRNT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'25 | Q4'24 | Q4'23 | Q4'22 | Q2'22 | Q4'21 | Q3'21 | Q4'20 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $770.5M-2.2% | $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 |
| Current Assets | $595.5M-3.2% | $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 |
| Cash & Equivalents | $35.5M+1.4% | $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 |
| Inventory | $47.2M-21.8% | $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 |
| Accounts Receivable | $60.8M-7.1% | $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 |
| Goodwill | $29.2M0.0% | $29.2M0.0% | $29.2M0.0% | $29.2M0.0% | $29.2M+14.6% | $25.4M0.0% | $25.4M+54.5% | $16.5M |
| Total Liabilities | $57.9M-4.4% | $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 |
| Current Liabilities | $42.0M-5.3% | $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 |
| Total Equity | $712.6M-2.0% | $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 |
| Retained Earnings | -$130.3M-11.6% | -$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 |
Not reported in any period shown, so not listed: Long-Term Debt.
KRNT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'25 | Q4'24 | Q4'23 | Q4'22 | Q2'22 | Q4'21 | Q3'21 | Q4'20 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | N/A | N/A | N/A | N/A | N/A | $10.5M-67.9% | $32.8M-4.5% | $34.3M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | $5.1M+30.7% | $3.9M+41.6% | $2.7M |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | $5.5M-81.1% | $28.9M-8.5% | $31.6M |
| Investing Cash Flow | N/A | N/A | N/A | N/A | N/A | $164.5M+638.0% | -$30.6M+84.1% | -$191.9M |
| Financing Cash Flow | N/A | N/A | N/A | N/A | N/A | $339.9M+18066.5% | $1.9M+449.7% | -$535K |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
KRNT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q4'25 | Q4'24 | Q4'23 | Q4'22 | Q2'22 | Q4'21 | Q3'21 | Q4'20 |
|---|---|---|---|---|---|---|---|---|
| Current Ratio | 14.18+0.3x | 13.88+3.5x | 10.43+1.6x | 8.85+0.3x | 8.53+0.5x | 8.02+2.8x | 5.27-0.1x | 5.33 |
| Debt-to-Equity | 0.080.0x | 0.080.0x | 0.090.0x | 0.100.0x | 0.110.0x | 0.13-0.1x | 0.200.0x | 0.21 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, FCF Margin.
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Where Kornit Digital Ranks
Frequently Asked Questions
What is Kornit Digital's annual revenue?
Kornit Digital (KRNT) reported $208.2M in total revenue for fiscal year 2025. This represents a 2.1% 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.
How fast is Kornit Digital's revenue growing?
Kornit Digital (KRNT) revenue grew by 2.1% year-over-year, from $203.8M to $208.2M in fiscal year 2025.
Is Kornit Digital profitable?
No, Kornit Digital (KRNT) reported a net income of -$13.5M in fiscal year 2025, with a net profit margin of -6.5%.
What is Kornit Digital's EBITDA?
Kornit Digital (KRNT) had EBITDA of -$22.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Kornit Digital's gross margin?
Kornit Digital (KRNT) had a gross margin of 44.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Kornit Digital's operating margin?
Kornit Digital (KRNT) had an operating margin of -16.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Kornit Digital's net profit margin?
Kornit Digital (KRNT) had a net profit margin of -6.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Kornit Digital's return on equity (ROE)?
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.
What is Kornit Digital's free cash flow?
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.
What is Kornit Digital's operating cash flow?
Kornit Digital (KRNT) generated $24.6M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Kornit Digital's total assets?
Kornit Digital (KRNT) had $770.5M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Kornit Digital's capital expenditures?
Kornit Digital (KRNT) invested $21.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Kornit Digital spend on research and development?
Kornit Digital (KRNT) invested $37.7M in research and development during fiscal year 2025.
What is Kornit Digital's current ratio?
Kornit Digital (KRNT) had a current ratio of 14.18 as of fiscal year 2025, which is generally considered healthy.
What is Kornit Digital's debt-to-equity ratio?
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.
What is Kornit Digital's return on assets (ROA)?
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.
What is Kornit Digital's Altman Z-Score?
Kornit Digital (KRNT) has an Altman Z-Score of 8.19, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Kornit Digital's Piotroski F-Score?
Kornit Digital (KRNT) has a Piotroski F-Score of 5 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. 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 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Kornit Digital's earnings high quality?
Kornit Digital (KRNT) reported a net loss of $13.5M while generating $24.6M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. 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.
How financially healthy is Kornit Digital?
Kornit Digital (KRNT) scores 49 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.