Kornit Hits High End of Q1 Outlook, Guides Q2 Growth on Software and Automation
Rising digital print volumes alongside new software tools signal improving margins, targeting positive cash generation.
Overview
- Kornit Digital, which reported results Wednesday, posted $48.5 million in Q1 revenue at the top of guidance and an adjusted EBITDA loss of $2.8 million.
- The company guided Q2 revenue to $51 million to $55 million and said EBITDA margins are improving with positive cash flow expected to continue.
- Management cited a 12% year-over-year increase in impressions, or items printed, and said 40% of Q1 system sales went to new customers, pointing to faster adoption of digital printing over screen printing.
- Kornit announced the Atlas Metrics software and a deal to acquire Print Factory to add workflow automation and production management, with the acquisition expected to close in Q2 2026.
- The firm highlighted a new Atlas Matrix platform that tackles dye migration on polyester, which it said opens more business in sportswear and performance apparel.