← Kornit Digital Ltd.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — ($79.1m) ($64.4m) ($16.8m) ($13.5m)
Net Income (Loss) Attributable to Parent $828k ($2.0m) $12.4m $10.2m ($4.8m) $15.5m ($79.1m) ($64.4m) ($16.8m) ($13.5m)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — — ($4.8m) $15.5m ($79.1m) — — —
Depreciation, Depletion and Amortization $3.0m $4.8m $5.0m $4.4m $4.7m $7.1m $13.6m $14.7m $13.0m $11.9m
Amortization of Intangible Assets $519k $1.3m $1.1m $856k $1.2m $1.9m $3.0m $2.2m $1.9m $1.8m
Depreciation $2.4m $3.5m $3.9m $3.6m $3.5m $5.3m $10.6m $14.9m $11.1m $10.1m
Amortization Cash Flow — — — — — — $3.0m — $1.9m $1.8m
Amortization Of Intangibles — — — — — — $3.0m — $1.9m $1.8m
Amortization Of Securities — — — — — — $1.8m $756k ($389k) ($953k)
Depreciation Amortization Depletion — — — — — — $13.6m $14.7m $13.0m $11.9m
Deferred Income Tax Expense (Benefit) ($181k) ($125k) ($6.5m) $67k $1.3m $415k $9.9m ($493k) — —
Deferred Other Tax Expense (Benefit) — $355k — — — — — — — —
Share-based Payment Arrangement, Noncash Expense $3.0m $4.4m $5.5m $6.6m $10.0m $15.1m $22.6m $22.6m $21.8m $21.9m
Payment, Tax Withholding, Share-based Payment Arrangement — — — $177k $596k $2.2m $951k $1.0m $1.5m $1.9m
Share-based Payment Arrangement, Expense — $4.4m $5.5m $6.6m $10.0m $15.1m $22.6m $22.6m $21.8m $21.9m
Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss $6k $34k ($480k) $271k $503k $32k ($10k) ($134k) $164k $58k
Operating Lease, Impairment Loss — — — — — — — $1.1m — —
Restructuring Costs and Asset Impairment Charges — — — — — — — $19.1m $1.2m $856k
Gain (Loss) on Disposition of Property Plant Equipment — ($228k) $591k $23k ($139k) $3.6m ($425k) $865k $367k ($453k)
Income Tax Expense (Benefit) $648k $384k ($5.4m) $744k $1.6m ($135k) $22.6m $970k $1.8m $865k
Operating Lease, Expense — — — $3.9m — — — — — —
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable $9.3m ($9.1m) ($1.1m) $18.6m $9.5m ($1.8m) $15.9m $19.2m ($28.2m) ($4.7m)
Increase (Decrease) in Inventories $6.1m $10.6m ($4.0m) $4.2m $15.8m $14.1m $29.0m ($11.0m) ($3.0m) ($9.7m)
Accretion Expense, Including Asset Retirement Obligations $180k — — — — — — — — —
Foreign Currency Transaction Gain (Loss), before Tax ($393k) $916k $389k $212k — — — — — —
Foreign Currency Transaction Gain (Loss), Unrealized — — — — $362k — — — — —
Gain (Loss) on Investments — — — — — — ($10k) — — —
General and Administrative Expense $12.3m $13.6m $16.4m $18.5m $26.7m $36.6m $39.3m $37.6m $29.1m $30.4m
Goodwill $5.1m $5.1m $5.1m $5.6m $16.5m $25.4m $29.2m $29.2m $29.2m $29.2m
Inventory Write-down $2.2m $3.0m $2k $3k $5.0m $4.9m $11.4m $22.0m $4.6m $4.4m
Investment Income, Interest — — — — — — — $7.3m $7.5m $5.3m
Marketable Securities, Unrealized Gain (Loss) $133k $104k $480k ($271k) ($503k) ($32k) $10k $134k ($164k) ($58k)
Nonoperating Income (Expense) — — — — — — — $24.1m $22.4m $21.9m
Operating Expenses $48.0m $56.2m $64.3m $74.5m $94.5m $139.1m $166.4m $154.5m $129.1m $126.8m
Proceeds from Stock Options Exercised $958k $2.8m $6.4m $5.9m $5.7m $4.8m $619k $293k $716k $808k
Revenue from Contract with Customer, Including Assessed Tax — — $16.6m $23.3m $28.4m $39.4m $49.0m — — —
Unrealized Gain (Loss) on Derivatives — — — — — — — ($134k) — —
Beginning Cash Position — — — — — — $611.6m $104.6m $39.6m $35.0m
Cash Flow From Continuing Financing Activities — — — — — — ($332k) ($56.5m) ($84.8m) ($27.1m)
Cash Flow From Continuing Investing Activities — — — — — — ($407.3m) $26.2m $31.5m $3.0m
Change In Account Payable — — — — — — ($26.9m) ($6.5m) $2.1m ($3.8m)
Change In Accrued Expense — — — — — — ($1.2m) ($11.6m) ($6.6m) $2.2m
Change In Inventory — — — — — — ($29.0m) $11.0m $3.0m $9.7m
Change In Other Current Assets — — — — — — ($4.3m) $5.2m $4.3m $3.5m
Change In Other Current Liabilities — — — — — — ($2.9m) ($5.8m) ($4.8m) ($1.5m)
Change In Other Working Capital — — — — — — $7.1m ($5.5m) $181k ($810k)
Change In Payable — — — — — — ($26.9m) ($6.5m) $2.1m ($3.8m)
Change In Payables And Accrued Expense — — — — — — ($28.1m) ($18.1m) ($4.4m) ($1.6m)
Change In Prepaid Assets — — — — — — ($12.9m) ($8.8m) $499k ($10.0m)
Change In Receivables — — — — — — ($15.9m) ($19.2m) $28.2m $4.7m
Change In Working Capital — — — — — — ($81.7m) ($41.3m) $26.9m $4.0m
Changes In Account Receivables — — — — — — ($15.9m) ($19.2m) $28.2m $4.7m
Changes In Cash — — — — — — ($507.0m) ($65.0m) ($4.6m) $473k
End Cash Position — — — — — — $104.6m $39.6m $35.0m $35.5m
Financing Cash Flow — — — — — — ($332k) ($56.5m) ($84.8m) ($27.1m)
Free Cash Flow — — — — — — ($117.7m) ($41.7m) $33.6m $3.2m
Gain Loss On Investment Securities — — — — — — $22.5m $14.0m $3.1m ($58k)
Gain Loss On Sale Of PPE — — — — — — $425k $0 $0 $453k
Investing Cash Flow — — — — — — ($407.3m) $26.2m $31.5m $3.0m
Issuance Of Capital Stock — — — — — $339.8m $0 $0 — —
Net Business Purchase And Sale — — — — — ($15.0m) ($14.7m) $0 $0 —
Net Foreign Currency Exchange Gain Loss — — — — — $0 $0 — — —
Net Intangibles Purchase And Sale — — — — — ($130k) ($308k) $0 $0 —
Net PPE Purchase And Sale — — — — — — ($18.0m) ($7.0m) ($15.1m) ($21.5m)
Operating Gains Losses — — — — — — $22.9m $14.0m $3.1m $395k
Other Non Cash Items — — — — — — $471k $18.9m $1.1m $881k
Proceeds From Stock Option Exercised — — — — — — $619k $293k $716k $808k
Purchase Of Business — — — — — ($15.0m) ($14.7m) $0 $0 —
Purchase Of Intangibles — — — — — ($130k) ($308k) $0 $0 —
Purchase Of PPE $5.5m $5.7m — $5.4m $13.5m $14.5m ($18.0m) ($7.0m) ($15.1m) ($21.5m)
Repurchase Of Capital Stock — — — — — — $0 ($55.8m) ($84.1m) ($26.1m)
Sale Of PPE — — — — — $0 $71k $0 $0 —
Stock Based Compensation — — — — — — $22.6m $22.6m $21.8m $21.9m
Net Cash Provided by (Used in) Operating Activities $956k $6.0m $33.4m $11.0m $32.4m $53.6m ($99.3m) ($34.7m) $48.7m $24.6m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment — $5.7m $7.3m $5.4m $13.5m $14.5m $2.9m $7.0m $15.1m $21.3m
Net Investment Purchase And Sale — — — — — — ($374.3m) $33.2m $46.6m $24.4m
Purchase Of Investment — — — — — — ($404.2m) ($34.0m) ($62.7m) ($222.7m)
Gain (Loss) on Sale of Investments — ($34k) $480k ($271k) ($503k) ($32k) $10k $134k $164k $58k
Sale Of Investment — — — — — — $29.8m $67.2m $109.3m $247.1m
Net Cash Provided by (Used in) Investing Activities $2.5m ($46.7m) $16.7m ($179.5m) ($114.6m) $89.8m ($407.3m) $26.2m $31.5m $3.0m
Cash flows from financing activities:
Common Stock Issuance — — — — — $339.8m $0 $0 — —
Net Common Stock Issuance — — — — — — $0 ($55.8m) ($84.1m) ($26.1m)
Payments for Repurchase of Common Stock — — — — — — — $55.8m $84.1m $26.1m
Common Stock Payments — — — — — — $0 ($55.8m) ($84.1m) ($26.1m)
Net Other Financing Charges — — — — — — ($951k) ($1.0m) ($1.5m) ($1.9m)
Net Cash Provided by (Used in) Financing Activities $939k $36.4m $5.5m $135.1m $167.0m $342.4m ($332k) ($56.5m) ($84.8m) ($27.1m)
Effect Of Exchange Rate Changes — — — — — $0 $0 — — —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — $55.5m ($33.4m) $85.0m $485.8m ($507.0m) ($65.0m) ($4.6m) $473k
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — $611.6m $104.6m $39.6m $35.0m $35.5m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($507.0m) ($65.0m) ($4.6m) $473k
Income Taxes Paid, Net $593k $853k $1.8m $353k $1.0m $435k $13.2m $1.9m $1.8m $940k

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.