Kornit Digital Reports First Quarter 2026 Results

Kornit Digital reported financial results for the first quarter ended March 31, 2026. The results reflect Kornit’s continued progress in expanding digital production into scaled manufacturing environments. 

This progress advances the transition toward recurring revenues through Kornit’s All-Inclusive Click (AIC) model, and strengthens its position as a technology and platform leader for the global textile and apparel industry.

“The first quarter marked a strong start to the year and clear evidence that our strategy is translating into execution and measurable results,” said Ronen Samuel, Chief Executive Officer of Kornit Digital. “We delivered revenue at the top end of our guidance range and generated positive operating cash flow for the tenth consecutive quarter. Impressions growth remained strong, driven by higher utilization across our installed base and the ongoing shift from screen to digital production. At the same time, we continued expanding customer adoption of our AIC model and strengthening our recurring revenue foundation. We entered 2026 with a clear roadmap around innovation, workflow and platform expansion, and we are executing against it.”

Total revenue for Q1 of 2026 increased to $48.5 million compared with $46.5 million in the prior year period. AIC revenues increased approximately 103% year over year.

GAAP gross profit margin for the first quarter of 2026 was 37.9% compared with 42.6% in the prior year period. On a non-GAAP basis, gross profit margin was 41.0% compared with 45.2% in the prior year period.

GAAP operating expenses for the first quarter of 2026 were $31.9 million, in line with $31.9 million in the prior year period. On a non-GAAP basis, operating expenses were $25.5 million compared with $27.4 million in the prior year period.

GAAP net loss for the first quarter of 2026 was $8.2 million, or ($0.19) per diluted share, compared with a net loss of $5.1 million, or ($0.11) per diluted share, in the prior year period.

Non-GAAP net loss for the first quarter of 2026 was $0.4 million, or ($0.01) per diluted share, compared with non-GAAP net income of $0.6 million, or $0.01 per diluted share, in the prior year period.

Adjusted EBITDA loss for the first quarter of 2026 improved to $2.8 million compared with the adjusted EBITDA loss of $3.9 million for the first quarter of 2025. Adjusted EBITDA margin for the first quarter of 2026 was negative 5.8% compared with negative 8.4% in the prior year period.

Samuel concluded, “We are focused on converting this momentum into profitable growth, and with a solid first quarter carrying into the second, our growing pipeline, backlog and customer activity provide better visibility into the second half of the year and confidence in our trajectory for 2026 and beyond. Most importantly, we are executing consistently and building the foundation to scale.”