Kornit Digital Posts Q1 2026 Revenue at Top of Guidance as Recurring AIC Sales Double
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Kornit Digital ( (KRNT) ) has shared an update.
Kornit Digital reported first-quarter 2026 results on May 13, 2026, posting revenue of $48.5 million, at the top end of its guidance and up from $46.5 million a year earlier, with trailing twelve‑month print impressions rising about 12% as the shift from screen to digital continued. The company’s AIC revenues surged roughly 103% year on year and annual recurring revenue nearly doubled to $26.8 million, even as GAAP gross margin declined, GAAP net loss widened to $8.2 million, and non‑GAAP results hovered around breakeven.
Management highlighted a tenth consecutive quarter of positive operating cash flow and improving adjusted EBITDA, signaling better operating discipline despite ongoing losses. New platforms such as Atlas MATRIX, Apollo, and the Presto MAX PLUS, along with a growing Atlas MATRIX backlog and heightened interest following the PrintFactory workflow acquisition, are extending Kornit’s reach into scaled digital production and new applications, underpinning its push toward a higher‑margin, recurring‑revenue model and providing improved visibility and momentum heading into the second half of 2026.
The company guided second‑quarter 2026 revenue to between $51 million and $55 million and projected an adjusted EBITDA margin between negative 5% and breakeven, suggesting a gradual path toward profitability. Kornit’s emphasis on platform expansion, automation, and recurring services positions it to benefit from structural industry trends favoring sustainable, on‑demand textile production, though margin pressure and net losses remain key issues for investors to monitor.
The most recent analyst rating on (KRNT) stock is a Hold with a $18.00 price target. To see the full list of analyst forecasts on Kornit Digital stock, see the KRNT Stock Forecast page.
Spark’s Take on KRNT Stock
According to Spark, TipRanks’ AI Analyst, KRNT is a Neutral.
Score is driven primarily by solid financial resilience (strong balance sheet and improved cash generation) and a constructive earnings outlook focused on expanding recurring ARR, partially offset by continued GAAP unprofitability/negative P/E and technical overbought risk despite an overall uptrend.
To see Spark’s full report on KRNT stock, click here.
More about Kornit Digital
Kornit Digital Ltd. is a global leader in sustainable, on-demand digital fashion and textile production technologies, offering end-to-end solutions that span digital printing systems, inks, consumables, software, and fulfillment services. Headquartered in Israel with offices in the U.S., Europe, and Asia-Pacific, the Nasdaq-listed company serves customers in more than 100 countries across the textile and apparel value chain.
The company targets brands, retailers, and fulfillers seeking to shift from traditional screen printing to agile, digital production, with a growing emphasis on recurring-revenue models such as its All-Inclusive Click (AIC) program. Kornit’s platform strategy, including workflow automation and connected production, aims to support scaled manufacturing in segments like fashion, sportswear, performance apparel, and home décor.
Average Trading Volume: 307,308
Technical Sentiment Signal: Sell
Current Market Cap: $745.2M
For an in-depth examination of KRNT stock, go to TipRanks’ Overview page.
