
Kornit Digital
Developing, manufacturing and marketing industrial and commercial printing solutions for the garment industries. Contact us today.
Date | Investors | Amount | Round |
---|---|---|---|
investor | €0.0 | round | |
N/A | €0.0 | round | |
investor | €0.0 | round | |
N/A | Post IPO Equity | ||
Total Funding | 000k |
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | 7 % | 67 % | (16 %) | (19 %) | (7 %) | 3 % | 8 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% EBITDA margin | (1 %) | 6 % | (21 %) | (32 %) | (11 %) | - | - |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | (2 %) | 5 % | (29 %) | (29 %) | (8 %) | - | - |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
R&D % of revenue | 16 % | 14 % | 21 % | 23 % | 20 % | - | - |
Source: Company filings or news article, Equity research estimates
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Kornit Digital (NASDAQ: KRNT), founded in 2002 by Ofer Ben-Zur, is an international company headquartered in Rosh HaAyin, Israel, that develops and manufactures solutions for the printed textile industry. The founding team possessed prior experience in the digital printing sector at companies like Scitex and Hewlett-Packard. Ofer Ben-Zur served as the company's CEO until 2014 and currently holds the position of CEO and founder at Tritone Technologies. A significant milestone for the company was its initial public offering in April 2015. Kornit Digital has expanded its capabilities through strategic acquisitions, including Custom Gateway, a UK-based software firm, in 2020, and Voxel8, a multi-material footwear manufacturer, in 2021.
The company's core business revolves around providing end-to-end solutions for on-demand, sustainable digital fashion and textile production. Its business model is based on the sale of industrial direct-to-garment (DTG) and direct-to-fabric (DTF) printing systems, alongside recurring revenue from pigmented inks, consumables, software, and fulfillment services. Kornit serves a global client base in over 100 countries, including fashion brands, e-commerce platforms, and promotional goods businesses. Revenue is generated from the sale of these printing systems and a recurring stream from consumables and service contracts, such as their All-Inclusive Click (AIC) model, which offers customers predictable costs. For the second quarter of 2025, the company reported revenues of $49.8 million and an annual recurring revenue of $18.9 million from its AIC contracts.
Kornit's product portfolio features high-speed industrial inkjet printers like the Apollo and Avalanche Poly Pro systems, designed for mass production and polyester printing, respectively. A key technological differentiator is the integrated pre-treatment process within its printers, enabling wet-on-wet printing without manual pre-treatment and allowing for printing on dark garments. The company also offers the KornitX software platform, which connects demand generators with production facilities to create a more agile and sustainable supply chain. Their solutions are positioned as a sustainable alternative to traditional methods, utilizing waterless printing processes and GOTS and Oeko-Tex approved inks to reduce waste, water, and energy consumption.
Keywords: digital textile printing, direct-to-garment, DTG, direct-to-fabric, DTF, on-demand production, sustainable fashion, textile industry, inkjet printers, pigment inks, apparel printing, fashion technology, print-on-demand, Kornit Apollo, KornitX, wet-on-wet printing, waterless printing, eco-friendly textile, custom apparel, garment decoration, digital printing solutions, industrial printing, textile manufacturing, supply chain transformation, recurring revenue model