Kornit Digital
- Customers1.3 KQ3, 2020
- Revenue$322 MFY, 2021
- Market Capitalization$1.7 B2022-06-23
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.
| Type | Public | |
| Founded | 2002 | |
| HQ | Rosh Haayin, IL | Map |
| Website | kornit.com | |
| Employee Ratings | ||
| Overall Culture | D- | More |
Recent NewsAll News
- Kornit Digital Announces Participation in Upcoming Investor Conferences
- Kornit Digital Presents the Future of On-Demand, Sustainable Production – From Creation to Order and Shipment - at FESPA 2022
- Kornit Digital Reports First Quarter 2022 Results
- Kornit Digital Rewrites the Rules for Fashion and Textiles at Kornit Fashion Week Tel Aviv 2022
Key People/Management at Kornit Digital
Gabi Seligsohn
Director
Ronen Samuel
Chief Executive Officer, Director
Jecka Glasman
Chief Commercial Officer
Alon Rozner
Chief Financial Officer
Alon Lumbroso
Director
Aaron Yanelli
President of Kornit X
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
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.
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Revenue | 142.4m | 179.9m | 193.3m | 322.0m |
Cost of goods sold | (67.5m) | (93.3m) | (100.8m) | (163.0m) |
Gross profit | 74.8m | 86.5m | 92.5m | 159.0m |
R&D expense | (21.9m) | (22.4m) | (31.5m) | (43.7m) |
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Cash | 74.1m | 40.7m | 125.8m | 611.6m |
Accounts Receivable | 22.0m | 40.5m | 51.6m | 49.8m |
Inventories | 30.0m | 37.5m | 52.5m | 63.0m |
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Net Income | 12.4m | 10.2m | (4.8m) | 15.5m |
Depreciation and Amortization | 5.0m | 4.4m | 4.7m | 7.1m |
Inventories | 4.0m | (4.2m) | (15.8m) | (14.1m) |
Accounts Payable | 4.4m | 6.0m | 6.9m | 12.9m |
| USD | FY, 2018 |
|---|---|
Revenue/Employee | 320.7k |
Kornit Digital Operating Metrics
Kornit Digital Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Custom Gateway | August 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
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
Kornit Digital Environment, Social & Governance (ESG) Ratings
Kornit Digital Online and Social Media Presence
6.28k Twitter followers
Kornit Digital has 6.28k Twitter Followers. The number of followers has increased 0.4% month over month and increased 1.3% quarter over quarter
Kornit Digital's Trends
Twitter Engagement Stats for @kornitdigital
5.5k
Tweets
1.1k
Following
6.3k
Followers
28
Tweets last 30 days
0.8
Avg. likes per Tweet
85.7%
Tweets with engagement
Kornit Digital Company Culture
Overall Culture
D-
58/100
CEO Rating
B
73/100
Compensation
B+
78/100
Kornit Digital News and Updates
June 01, 2022
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…
May 31, 2022
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 …
May 11, 2022
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.
April 04, 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…
April 04, 2022
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 …
March 30, 2022
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…
Kornit Digital Blogs
April 25, 2022
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
March 24, 2022
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 …
March 21, 2022
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 …
March 15, 2022
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…
March 14, 2022
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…
March 02, 2022
“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…
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.
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