Kornit Digital Ltd. (KRNT)

Kornit Digital Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	203.83	219.79	271.52	322.01	193.33
Revenue Growth (YoY)	-7.26%	-19.05%	-15.68%	66.56%	7.49%
Cost of Revenue	110.08	141.24	175.02	170.1	105.53
Gross Profit	93.74	78.55	96.5	151.91	87.8
Selling, General & Admin	86.87	97.52	110.36	95.39	63.07
Research & Development	41.34	49.18	56.03	43.73	31.46
Operating Expenses	128.22	146.7	166.38	139.12	94.53
Operating Income	-34.47	-68.16	-69.88	12.79	-6.73
Interest & Investment Income	23.46	27.59	13.05	5.37	5.11
Currency Exchange Gain (Loss)	-1.42	-2.32	2.43	-1.24	-1.36
Other Non Operating Income (Expenses)	-0.25	-0.24	-0.27	-0.29	-0.36
EBT Excluding Unusual Items	-12.68	-43.12	-54.67	16.64	-3.34
Merger & Restructuring Charges	-2.84	-19.38	-	-	-
Gain (Loss) on Sale of Investments	0.55	-0.89	-1.83	-1.25	0.11
Pretax Income	-14.97	-63.38	-56.5	15.39	-3.23
Income Tax Expense	1.84	0.97	22.57	-0.14	1.55
Net Income	-16.8	-64.35	-79.07	15.53	-4.78
Net Income to Common	-16.8	-64.35	-79.07	15.53	-4.78
Shares Outstanding (Basic)	47	49	50	47	42
Shares Outstanding (Diluted)	47	49	50	49	42
Shares Change (YoY)	-3.41%	-1.27%	2.45%	14.93%	7.61%
EPS (Basic)	-0.35	-1.31	-1.59	0.33	-0.11
EPS (Diluted)	-0.35	-1.31	-1.59	0.32	-0.11
Free Cash Flow	33.59	-41.69	-117.39	39.17	18.92
Free Cash Flow Per Share	0.71	-0.85	-2.36	0.81	0.45
Gross Margin	45.99%	35.74%	35.54%	47.18%	45.41%
Operating Margin	-16.91%	-31.01%	-25.74%	3.97%	-3.48%
Profit Margin	-8.24%	-29.28%	-29.12%	4.82%	-2.47%
Free Cash Flow Margin	16.48%	-18.97%	-43.23%	12.16%	9.79%
EBITDA	-21.43	-51.06	-56.32	19.89	-2.02
EBITDA Margin	-10.51%	-23.23%	-20.74%	6.18%	-1.04%
D&A For EBITDA	13.05	17.1	13.57	7.1	4.71
EBIT	-34.47	-68.16	-69.88	12.79	-6.73
EBIT Margin	-16.91%	-31.01%	-25.74%	3.97%	-3.48%
Revenue as Reported	203.83	219.79	271.52	322.01	193.33
Advertising Expenses	-	-	-	-	2.27

Updated Feb 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q