Israel's Kornit Digital Q2 revenue beats estimates, recurring revenue jumps - KRNT News | Rallies
Israel's Kornit Digital Q2 revenue beats estimates, recurring revenue jumps K KRNT • 2026-08-12 Outlook
Kornit Digital expects Q3 2026 revenue between $55 mln and $60 mln
Company sees Q3 2026 adjusted EBITDA margin between breakeven and 3%
Company says it enters H2 2026 with a healthy pipeline and continued momentum
Overview
Israel digital textile printer's Q2 revenue rose yr/yr, beating analyst expectations
Non-GAAP net income and adjusted EBITDA both improved from prior year period
Company saw strong growth in recurring revenue and AIC revenues, with positive operating cash flow
Key details Metric Beat/Miss Actual Consensus Estimate Q2 Revenue Beat $55.32 mln $53.07 mln (3 Analysts) Q2 Net Loss $11.17 mln Q2 Gross Profit $25.06 mln Q2 Loss Per Basic Share $0.26 Q2 Operating Expenses $39.95 mln Q2 Operating Income -$14.89 mln
Result drivers
Recurring revenue growth - Co said ARR increased 79% yr/yr and AIC revenues rose 112% yr/yr, reflecting higher customer system utilization
Screen printer penetration - Co said approx. 60% of systems sold in Q2 and H1 went to traditional screen printers, showing momentum in shift to digital manufacturing
Tariff refund - Co said gross profit margins were supported by a $2 mln tariff refund during the quarter•
2026-08-12
KRNT•
