Kornit Digital

OverviewSuggest Edit

Kornit Digital is a company that develops, manufactures, and markets industrial and commercial solutions for the garment, apparel, and textile industries. It offers a line of direct-to-garment printing services that range from commercial to mass production level. The company serves custom decorators, fulfillment centers, and vertically integrated companies.
TypePublic
Founded2002
HQRosh Haayin, IL
Websitekornit.com
Employee Ratings4.3
Overall CultureD-

Latest Updates

Employees (est.) (Dec 2019)547(+24%)
Job Openings76
Revenue (FY, 2021)$322 M(+67%)
Share Price (Jun 2022)$35.9(+4%)
Cybersecurity ratingDMore
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Key People/Management at Kornit Digital

Gabi Seligsohn

Gabi Seligsohn

Director
Ronen Samuel

Ronen Samuel

Chief Executive Officer, Director
Jecka Glasman

Jecka Glasman

Chief Commercial Officer
Alon Rozner

Alon Rozner

Chief Financial Officer
Alon Lumbroso

Alon Lumbroso

Director
Aaron Yanelli

Aaron Yanelli

President of Kornit X
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Kornit Digital Office Locations

Kornit Digital has offices in Rosh Haayin, Englewood, Shanghai, Düsseldorf and in 1 other location
Rosh Haayin, IL (HQ)
Ha-Amal St 12
Shanghai, CN
728 Xizang Middle Rd, Huangpu Qu
Düsseldorf, DE
Wahlerstraße 6
Hong Kong, HK
48 Hoi Yuen Rd, Kwun Tong
Englewood, NJ, US
480 S Dean St
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Kornit Digital Financials and Metrics

Kornit Digital Revenue

Kornit Digital's revenue was reported to be $322.01 m in FY, 2021
USD

Revenue (FY, 2021)

322.0m

Gross profit (FY, 2021)

159.0m

Net income (FY, 2021)

15.5m

EBITDA (FY, 2021)

19.9m

EBIT (FY, 2021)

12.8m

Market capitalization (23-Jun-2022)

1.7b

Closing stock price (23-Jun-2022)

35.9

Cash (31-Dec-2021)

611.6m

EV

1.1b
Kornit Digital's current market capitalization is $1.7 b.
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

142.4m179.9m193.3m322.0m

Cost of goods sold

(67.5m)(93.3m)(100.8m)(163.0m)

Gross profit

74.8m86.5m92.5m159.0m

R&D expense

(21.9m)(22.4m)(31.5m)(43.7m)
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

74.1m40.7m125.8m611.6m

Accounts Receivable

22.0m40.5m51.6m49.8m

Inventories

30.0m37.5m52.5m63.0m
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

12.4m10.2m(4.8m)15.5m

Depreciation and Amortization

5.0m4.4m4.7m7.1m

Inventories

4.0m(4.2m)(15.8m)(14.1m)

Accounts Payable

4.4m6.0m6.9m12.9m
USDFY, 2018

Revenue/Employee

320.7k
Show all financial metrics

Kornit Digital Operating Metrics

Kornit Digital's Customers was reported to be 1.3 k in Q3, 2020.
FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020

Countries

100100100100100100100100100100100100

Customers

1.1 k1.2 k1 k1.3 k

Patents (Foreign)

111218

Patents (US)

141723

Kornit Digital Acquisitions / Subsidiaries

Company NameDateDeal Size
Custom GatewayAugust 11, 2020
Kornit Digital Americas
Kornit Digital Asia Pacific Ltd (Hong Kong)
Kornit Digital Asia Pacific Ltd (Shanghai)
Kornit Digital Europe GmbH
Kornit Digital Ltd

Kornit Digital Revenue Breakdown

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Kornit Digital revenue breakdown by business segment: 56.3% from SYSTEMS, 31.4% from INK AND CONSUMABLES, 6.8% from SERVICES (SPARE PARTS) and 5.4% from SERVICE CONTRACTS AND SOFTWARE SUBSCRIPTIONS (SERVICE CONTRACTS)

Kornit Digital revenue breakdown by geographic segment: 65.6% from UNITED STATES, 24.4% from EMEA, 7.2% from ASIA PACIFIC and 2.7% from Other

Kornit Digital Cybersecurity Score

Cybersecurity ratingPremium dataset

D

66/100

SecurityScorecard logo

Kornit Digital Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Kornit Digital Online and Social Media Presence

Embed Graph

Kornit Digital Company Culture

  • Overall Culture

    D-

    58/100

  • CEO Rating

    B

    73/100

  • Compensation

    B+

    78/100

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Kornit Digital News and Updates

Kornit Digital Announces Participation in Upcoming Investor Conferences

ROSH-HA`AYIN, Israel, June 01, 2022 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionx and textile production technologies, announced today that management will participate in a fireside chat discussion and conduct one-on-o…

Kornit Digital Presents the Future of On-Demand, Sustainable Production – From Creation to Order and Shipment - at FESPA 2022

BERLIN, May 31, 2022 (GLOBE NEWSWIRE) --  Kornit Digital Ltd. (NASDAQ: KRNT) (“Kornit”), a worldwide market leader in sustainable, on-demand digital fashionx and textile production technologies, announced today it is breaking the barriers for fulfillers and brands to realize the full potential of …

Kornit Digital Reports First Quarter 2022 Results

ROSH-HA'AYIN, Israel, May 11, 2022 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ: KRNT), a worldwide market leader in sustainable, on-demand, digital fashionx and textile production technologies, reported today results for the first quarter ended March 31, 2022.

Kornit Digital Rewrites the Rules for Fashion and Textiles at Kornit Fashion Week Tel Aviv 2022

ROSH HA’AYIN, Israel, April 04, 2022 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (NASDAQ: KRNT) (“Kornit”), a worldwide market leader in sustainable, on-demand digital fashionx and textile production, announced today the Company will present the convergence of design, technology, and sustainable fashi…

Kornit Digital Introduces High-Volume Digital Production Solution for Vibrant Decorative Designs on Polyester and Polyester-Blended Apparel

Kornit Atlas MAX Poly to Transform Professional and Recreational Sportswear, Teamwear, and Sports Brands; Injecting Life into Apparel with Power of Design Across Full Color Gamut Kornit Atlas MAX Poly to Transform Professional and Recreational Sportswear, Teamwear, and Sports Brands; Injecting Life …

Kornit Digital Announces Filing and Availability of Its Annual Report on Form 20-F

ROSH HA’AYIN, Israel, March 30, 2022 (GLOBE NEWSWIRE) -- Kornit Digital LTD. (NASDAQ: KRNT) (“Kornit"), a worldwide market leader in sustainable, on-demand digital fashionx and textile production, announced today that its annual report on Form 20-F, containing audited consolidated financial statem…
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Kornit Digital Blogs

Kornit Digital Sets First Quarter Earnings Release Date and Webcast

ROSH HA’AYIN, Israel, April 25, 2022 (GLOBE NEWSWIRE) -- Kornit Digital Ltd. (“Kornit”) (Nasdaq: KRNT), a worldwide market leader in sustainable, on-demand, digital fashion x and textile production technologies, announced today that it will release its financial results for the first quarter ended

How Sportswear Textile Production Can Win the Game

The sportswear and athleisure markets are among the hottest areas in textile printing. Audiences worldwide enjoy garments for various everyday activities and when attending games to support their favorite teams. This growing popularity expands the profit margins for brands and vendors.  As exciting …

Diving into the deep-end of water waste

Kornit celebrates World Water Day (in style) There is perhaps no day we like to celebrate more at Kornit than World Water Day, an annual United Nations observance day, that highlights the importance of fresh drinking water and raises awareness of the 2 billion people currently living without access …

Ten Fabrics That Will Optimize Your Textile Production Capabilities

Fabric and style go hand in hand. Because after all, fabric is everywhere in our lives. We wear it, we wrap ourselves in it, and we decorate our home with it. And if it’s going to be everywhere, it might as well look stunning.   But until now, printing on fabric has been complex with ...customized r…

Don’t Get Hosed on Sustainability: The True Eco Impact of Going Digital

There are many vital reasons we need water. We need to consume water ourselves, to hydrate our bodies. We need water to make the crops grow. We need water to bathe, to bake bread, to fuel energy production—literally thousands of uses, on a global scale. If we can produce our clothing without hogging…

“Our recommendation for success is to buy Kornit”: At Blur, the Quality Is Crystal Clear

“We are extremely happy with Kornit’s collaboration, and our printers are working perfectly around the clock. Any textile printing company looking to move into fashion and work with famous brands will need both roll-to-roll and DTG capabilities. Our recommendation for success is to buy the Kornit At…
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Kornit Digital Frequently Asked Questions

  • When was Kornit Digital founded?

    Kornit Digital was founded in 2002.

  • Who are Kornit Digital key executives?

    Kornit Digital's key executives are Gabi Seligsohn, Ronen Samuel and Jecka Glasman.

  • How many employees does Kornit Digital have?

    Kornit Digital has 547 employees.

  • What is Kornit Digital revenue?

    Latest Kornit Digital annual revenue is $322 m.

  • What is Kornit Digital revenue per employee?

    Latest Kornit Digital revenue per employee is $588.7 k.

  • Who are Kornit Digital competitors?

    Competitors of Kornit Digital include C. Cramer, Electronics for Imaging and Dover.

  • Where is Kornit Digital headquarters?

    Kornit Digital headquarters is located at Ha-Amal St 12, Rosh Haayin.

  • Where are Kornit Digital offices?

    Kornit Digital has offices in Rosh Haayin, Englewood, Shanghai, Düsseldorf and in 1 other location.

  • How many offices does Kornit Digital have?

    Kornit Digital has 5 offices.