Kornit Digital Ltd.
kornit.comWhat Do They Do?
Sells digital textile printing systems, inks and software to textile printers, apparel and home décor brands, and online businesses.
20-F for FY2025, filed Mar 26, 2026
How Do They Make Money?
Kornit sells systems and consumables to end users, paid for when delivered; service contracts and software subscriptions are paid over the contract period. Under AIC, customers pay a fixed price per impression, subject to a minimum annual commitment.
20-F for FY2025, filed Mar 26, 2026The Company generates revenues from sales of systems, operating leases, consumables and services, including software subscriptions and…View ↗
Revenues from products, which consist of systems and consumables, are recognized at the point in time when control has transferred, in…View ↗
In 2024 we introduced a new business model, the All-Inclusive Click, or AIC™. In AIC™ transactions, Kornit provides a full solution to its…View ↗
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20-F for FY2025, filed Mar 26, 2026
FY2025 revenue by product or service ↗
$208.2M
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20-F for FY2025, filed Mar 26, 2026
$208.2M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Systems and AIC
|
20% |
Systems and AIC, FY2025
$42.5M Sources
|
|
|
Ink and consumables
Sold outright
20-F for FY2025, filed Mar 26, 2026 |
55%
FY2022: 38%
|
Ink and consumables, FY2025
$113.6M Sources
|
Sold outright |
|
Services
Mix
20-F for FY2025, filed Mar 26, 2026 |
25%
FY2022: 18%
|
Services, FY2025
$52.1M Sources
|
Mix |
Who Are Their Customers?
Kornit sells to textile printers and fulfillment businesses, as well as brands and online businesses. It sells directly to end users and through independent distributors and other channel partners.
20-F for FY2025, filed Mar 26, 2026We focus on the rapidly growing high throughput DTG (direct to garment) and Direct to Fabric segments of the printed textile industry. Our…View ↗
Recent technological developments in digital printing have supported the adoption of digital printing by the global printed textile…View ↗
The Company generates revenues from sales of systems, operating leases, consumables and services, including software subscriptions and…View ↗
Our go-to-market strategy for outright sales of our systems consists of a hybrid model of indirect and direct sales, with a trend towards…View ↗
Do Revenues Turn Into Profits?
Not on paper. It lost $13.5M in FY2025, but brought in more cash than it spent: $3.4M of free cash flow.
20-F for FY2025, filed Mar 26, 2026
−$34.6MView ↗
20-F for FY2025, filed Mar 26, 2026
−$13.5MView ↗
20-F for FY2025, filed Mar 26, 2026
$3.4MView ↗
How Are They Changing?
Shrinking. Revenue fell 35% in 4 years, from $322M in FY2021 to $208.2M in FY2025, about 10% a year.
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