Quarterly ResultMay 13, 2026, 07:01 AM
Kornit Digital Q1 Revenue $48.5M; Positive Operating Cash Flow
AI Summary
Kornit Digital Ltd. reported Q1 2026 financial results with total revenues reaching $48.5 million, at the top end of its guidance range, and marked its tenth consecutive quarter of positive operating cash flow. The company saw significant growth in its All-Inclusive Click (AIC) revenues, which increased approximately 103% year over year. Despite a GAAP net loss of $8.2 million, the non-GAAP net loss was a narrower $0.4 million, and Adjusted EBITDA loss improved to $2.8 million. Kornit Digital also provided Q2 2026 guidance, projecting revenues between $51 million and $55 million, with an adjusted EBITDA margin of negative 5% to breakeven.
Key Highlights
- Total revenues for Q1 2026 increased to $48.5 million, up from $46.5 million in the prior year period.
- AIC revenues increased approximately 103% year over year.
- Annual Recurring Revenue (ARR) at the end of Q1 was approximately $26.8 million, compared with $14.5 million in the prior year.
- GAAP net loss for Q1 2026 was $8.2 million, or ($0.19) per diluted share.
- Non-GAAP net loss for Q1 2026 was $0.4 million, or ($0.01) per diluted share.
- Adjusted EBITDA loss for Q1 2026 improved to $2.8 million from $3.9 million in Q1 2025.
- For Q2 2026, the company expects revenues in the range of $51 million to $55 million and an adjusted EBITDA margin between negative 5% and breakeven.