Kornit Digital Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	208.2	203.83	219.79	271.52	322.01
Revenue Growth (YoY)	2.15%	-7.26%	-19.05%	-15.68%	66.56%
Cost of Revenue	114.88	110.08	141.24	175.02	170.1
Gross Profit	93.32	93.74	78.55	96.5	151.91
Selling, General & Admin	87.97	86.87	97.52	110.36	95.39
Research & Development	37.69	41.34	49.18	56.03	43.73
Operating Expenses	125.66	128.22	146.7	166.38	139.12
Operating Income	-32.34	-34.47	-68.16	-69.88	12.79
Interest & Investment Income	24.07	23.46	27.59	13.05	5.37
Currency Exchange Gain (Loss)	-2.16	-1.42	-2.32	2.43	-1.24
Other Non Operating Income (Expenses)	-	-0.25	-0.24	-0.27	-0.29
EBT Excluding Unusual Items	-10.42	-12.68	-43.12	-54.67	16.64
Merger & Restructuring Charges	-2.24	-2.84	-19.38	-	-
Gain (Loss) on Sale of Investments	-	0.55	-0.89	-1.83	-1.25
Pretax Income	-12.65	-14.97	-63.38	-56.5	15.39
Income Tax Expense	0.87	1.84	0.97	22.57	-0.14
Net Income	-13.52	-16.8	-64.35	-79.07	15.53
Net Income to Common	-13.52	-16.8	-64.35	-79.07	15.53
Shares Outstanding (Basic)	45	47	49	50	47
Shares Outstanding (Diluted)	45	47	49	50	49
Shares Change (YoY)	-4.71%	-3.41%	-1.27%	2.45%	14.93%
EPS (Basic)	-0.30	-0.35	-1.31	-1.59	0.33
EPS (Diluted)	-0.30	-0.35	-1.31	-1.59	0.32
Free Cash Flow	3.18	33.59	-41.69	-117.39	39.17
Free Cash Flow Per Share	0.07	0.71	-0.85	-2.36	0.81
Gross Margin	44.82%	45.99%	35.74%	35.54%	47.18%
Operating Margin	-15.53%	-16.91%	-31.01%	-25.74%	3.97%
Profit Margin	-6.49%	-8.24%	-29.28%	-29.12%	4.82%
Free Cash Flow Margin	1.52%	16.48%	-18.97%	-43.23%	12.16%
EBITDA	-20.44	-21.43	-51.06	-56.32	19.89
EBITDA Margin	-9.82%	-10.51%	-23.23%	-20.74%	6.18%
D&A For EBITDA	11.9	13.05	17.1	13.57	7.1
EBIT	-32.34	-34.47	-68.16	-69.88	12.79
EBIT Margin	-15.53%	-16.91%	-31.01%	-25.74%	3.97%
Revenue as Reported	208.2	203.83	219.79	271.52	322.01

Source: S&P Global Market Intelligence. Standard template. Financial Sources.