NASDAQ$KRNT
Kornit Digital Ltd. · Q1 2026 earnings
Q1 2026 earnings · · Before market open · Investor relations
Briefing
Kornit Digital revenue hits top of Q1 guide as AIC model accelerates
Kornit Digital reported Q1 2026 total revenue of $48.5 million, up from $46.5 million a year ago and at the top end of guidance. Products revenue was $35.1 million and services $13.5 million. All-Inclusive Click (AIC) revenues surged approximately 103% year over year, with annual recurring revenue reaching $26.8 million versus $14.5 million. GAAP gross margin was 37.9% (41.0% non-GAAP) and the company posted a GAAP net loss of $8.2 million ($0.19 per share), narrowing to a non-GAAP net loss of $0.4 million ($0.01 per share). Adjusted EBITDA loss improved to $2.8 million from $3.9 million. Operating cash flow was positive for the tenth consecutive quarter. Management guided Q2 revenue of $51–$55 million with adjusted EBITDA margin between negative 5% and breakeven.
- Q1 revenue of $48.5M at the top of guidance range; trailing twelve-month impressions up ~12% YoY on screen-to-digital shift.
- AIC revenues grew ~103% YoY with ARR reaching $26.8M vs $14.5M prior year, strengthening recurring revenue foundation.
- Adjusted EBITDA loss improved to $2.8M (margin -5.8%) from $3.9M (-8.4%); positive operating cash flow for tenth straight quarter.
- Strong Konnections 2026 response for Atlas MATRIX with meaningful backlog; Presto MAX PLUS unveiled at Texprocess Frankfurt.
- Q2 2026 guidance: revenue $51–$55M, adjusted EBITDA margin between -5% and breakeven.
Headline financials
Revenue & EPS history
Kornit · Revenue · Quarterly
$48.5M
Revenue by segment
Kornit · $48.5M total across 2 segments · Q1 2026
- Products$35.1M—72.3%
- Services$13.5M—27.7%
Forward guidance
For Q2 2026, Kornit expects revenue of $51–$55 million and adjusted EBITDA margin between negative 5% and breakeven, reflecting strengthening pipeline and backlog momentum.
Tailwinds
- Revenue guidance midpoint implies sequential growth from Q1's $48.5M.
- Atlas MATRIX backlog and AIC transition provide improved visibility into second half of 2026.
- Adjusted EBITDA trajectory improving toward breakeven.
Headwinds
- GAAP gross margin compressed to 37.9% from 42.6% prior year on product mix and tariff costs.
- Company repurchased $30.5M of shares in Q1, reducing cash to $30.7M.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2026
+2.4%
Avg return
Earnings day
+3.1%
Avg return
5 days after
+2.2%
Avg return
30 days after
58%
25 / 43 earnings
Positive
+34.8%
Q1 2020
Best reaction
-30.0%
Q1 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.6% | -9.4% | -1.7% | |
| Q4 2025 | +20.6% | +12.1% | -3.5% | |
| Q2 2025 | -20.4% | -26.0% | -20.1% | |
| Q1 2025 | +14.8% | +20.6% | +1.5% | |
| Q4 2024 | +0.0% | -5.3% | -22.2% | |
| Q1 2024 | -6.6% | -6.8% | -10.6% | |
| Q4 2023 | +16.1% | +11.9% | -0.2% | |
| Q3 2023 | -4.5% | +3.2% | +9.8% | |
| Q2 2023 | -17.5% | -15.2% | -26.5% | |
| Q1 2023 | +20.2% | +30.8% | +53.2% | |
| Q4 2022 | -17.9% | -17.2% | -29.9% | |
| Q3 2022 | +24.5% | +26.1% | +0.7% | |
| Q2 2022 | +19.7% | +17.8% | +5.8% | |
| Q1 2022 | -30.0% | -24.1% | -32.5% | |
| Q4 2021 | -2.4% | -10.6% | -14.8% | |
| Q3 2021 | +4.2% | +1.6% | -8.3% | |
| Q2 2021 | -4.1% | -5.4% | +4.4% | |
| Q1 2021 | +1.1% | +2.3% | +31.6% | |
| Q4 2020 | +19.1% | +21.7% | +2.5% | |
| Q3 2020 | +11.0% | +15.8% | +27.8% | |
| Q2 2020 | +7.6% | +9.3% | +12.3% | |
| Q1 2020 | +34.8% | +41.2% | +39.5% | |
| Q4 2019 | +1.6% | +1.1% | -29.9% | |
| Q3 2019 | -5.1% | -5.9% | -1.1% | |
| Q2 2019 | -9.9% | -9.6% | -1.9% | |
| Q1 2019 | +0.6% | +6.1% | +7.8% | |
| Q4 2018 | +1.8% | +4.1% | +4.1% | |
| Q3 2018 | +6.7% | +11.5% | -9.3% | |
| Q2 2018 | +0.3% | +0.5% | +13.8% | |
| Q1 2018 | +12.3% | +12.3% | +21.7% | |
| Q4 2017 | -2.3% | -5.7% | -1.8% | |
| Q3 2017 | +5.5% | +1.9% | +3.9% | |
| Q2 2017 | -5.3% | -14.5% | -15.5% | |
| Q1 2017 | -8.7% | -1.8% | -12.3% | |
| Q4 2016 | +4.3% | +9.1% | +0.3% | |
| Q3 2015 | +2.0% | +0.0% | +32.0% | |
| Q3 2016 | +14.0% | +12.0% | +41.5% | |
| Q2 2016 | +1.1% | +0.5% | +12.3% | |
| Q1 2016 | -3.5% | — | — | |
| Q4 2013 | -1.4% | — | — | |
| Q4 2014 | -1.4% | — | — | |
| Q4 2015 | -0.5% | — | — | |
| Q2 2015 | -4.3% | — | — | |
| Q1 2015 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — |
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