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Kornit Digital Ltd. (KRNT) Form 6-K — Aug 12, 2026

$KRNTForm 6-KFiled Aug 12, 2026, 7:51 AM ET0001213900-26-088049Original filing

Kornit Digital reported second quarter 2026 results on August 12, 2026, with total revenues of $55.3 million, up from $49.8 million a year earlier and above the high end of the company's guidance. Recurring revenue was the standout: annual recurring revenue reached $33.8 million, up 79% year-over-year, AIC revenues grew 112% year-over-year to $6.5 million, and approximately 60% of systems sold went to traditional screen printers converting from analog to digital production.

Key figures

Eps
-$0.26 GAAP diluted; $0.04 non-GAAP diluted (vs -$0.17 GAAP / $0.03 non-GAAP prior year)
Revenue
$55.3 million (Q2 2026 total revenues)
Guidance
Q3 2026 revenue of $55-60 million and adjusted EBITDA margin between breakeven and 3%; H2 2026 revenue expected ~15% above H1, supporting high single-digit full-year revenue growth
Net Income
-$11.2 million GAAP net loss (vs -$7.5 million prior year); $1.7 million non-GAAP net income (vs $1.2 million prior year)
Revenue Yoy
+11% vs $49.8 million in Q2 2025
Total Assets
$751.4 million
Cash Position
$450.9 million in cash, bank deposits and marketable securities ($33.8 million cash and cash equivalents)
Arr
$33.8 million at quarter end, +79% YoY vs $18.9 million
Aic revenues
$6.5 million, +112% YoY
Gross margins
GAAP 45.3% (vs 41.7%); non-GAAP 47.4% (vs 46.3%)
Tariff benefit
~$830,000 net benefit in gross margins driven by a $2 million tariff refund
Adjusted ebitda
$0.3 million (0.6% margin) vs -$1.2 million (-2.3% margin) in Q2 2025
Ttm impressions
~244 million, +15% YoY
Acquisition spend
$5.8 million cash paid for acquisition, net of cash acquired, in Q2 2026
Revenue by region
Americas 70%, EMEA 21%, Asia Pacific 9%
Share repurchases
$5.4 million in Q2 under Nov 2025 $100M program; ~$205 million total (9.5 million shares) repurchased since 2023 against $275 million authorized
Operating cash flow
$8.5 million, 11th consecutive positive quarter
Total contracted value
~$142 million, +$53.6 million vs Q2 2025
Class action legal fees
$5.1 million in Q2 GAAP operating expenses ($7.1 million in H1)
Recurring revenue share
~80% of revenue recurring or highly recurring in nature
Screen printer penetration
~60% of systems sold in Q2 and H1 2026 were to traditional screen printers

AI analysis

Red flags3 · Pro

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.