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
Total Revenue $108.7m $114.1m $142.4m $179.9m $193.3m $322.0m $271.5m $219.8m $203.8m $208.2m
Revenue from Contract with Customer, Including Assessed Tax $16.6m $23.3m $28.4m $39.4m $49.0m
Cost of Revenue $59.3m $60.0m $19.2m $26.7m $105.5m $170.1m $175.0m $152.8m $112.1m $115.9m
Gross Profit $49.4m $54.1m $69.9m $82.1m $87.8m $151.9m $96.5m $67.0m $91.8m $92.3m
Operating Expenses $48.0m $56.2m $64.3m $74.5m $94.5m $139.1m $166.4m $154.5m $129.1m $126.8m
Operating Income (Loss) $1.4m ($2.1m) $5.6m $7.6m ($6.7m) $12.8m ($69.9m) ($87.5m) ($37.3m) ($34.6m)
Additional Financial Items
Amortization of Intangible Assets $519k $1.3m $1.1m $856k $1.2m $1.9m $3.0m $2.2m $1.9m $1.8m
Foreign Currency Transaction Gain (Loss), before Tax ($393k) $916k $389k $212k
Gain (Loss) on Investments ($10k)
Income (Loss) from Continuing Operations before Income Taxes, Domestic ($507k) ($3.3m) $4.5m $7.3m ($6.9m) $10.3m ($58.1m) ($62.7m) ($13.9m) ($18.4m)
Investment Income, Interest $7.3m $7.5m $5.3m
Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss $6k $34k ($480k) $271k $503k $32k ($10k) ($134k) $164k $58k
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $1.5m ($1.6m) $7.0m $10.9m ($3.2m) $15.4m ($56.5m) ($63.4m) ($15.0m) ($12.7m)
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)
Earnings Per Share, Basic $0.03 ($0.06) $0.36 $0.27 ($0.11) $0.33 ($1.59) ($1.31) ($0.35) ($0.30)
Earnings Per Share, Diluted $0.03 ($0.06) $0.35 $0.26 ($0.11) $0.32 ($1.59) ($1.31) ($0.35) ($0.30)
Weighted Average Number of Shares Outstanding, Diluted 31.7m 33.6m 35.4m 39.3m 42.3m 48.6m 49.8m 49.2m 47.5m 45.2m
Accretion Expense, Including Asset Retirement Obligations $180k
Current Income Tax Expense (Benefit) $829k $509k $1.1m $677k $210k ($550k) $12.6m $1.5m $1.8m $865k
General and Administrative Expense $12.3m $13.6m $16.4m $18.5m $26.7m $36.6m $39.3m $37.6m $29.1m $30.4m
Nonoperating Income (Expense) $24.1m $22.4m $21.9m
Operating Lease, Expense $3.9m
Other Cost of Operating Revenue $30.5m $37.4m $49.1m
Other General and Administrative Expense $116k
Other General Expense $1.7m
Research and Development Expense $17.4m $20.8m $21.9m $22.4m $31.5m $43.7m $56.0m $50.1m $41.6m $37.7m
Restructuring and Related Cost, Incurred Cost $2.8m $2.2m
Selling and Marketing Expense $18.3m $21.3m $25.6m $33.6m $36.4m $58.8m $71.1m $66.8m $58.4m $58.7m
Income Tax Expense (Benefit) $648k $384k ($5.4m) $744k $1.6m ($135k) $22.6m $970k $1.8m $865k