Kornit Digital (KRNT) Revenue & Revenue Breakdown


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Kornit Digital Revenue Highlights


Latest Revenue (Y)

$219.79M

Latest Revenue (Q)

$40.19M

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

Kornit Digital Revenue by Period


Kornit Digital Revenue by Year

DateRevenueChange
2023-12-31$219.79M-19.05%
2022-12-31$271.52M-15.68%
2021-12-31$322.01M66.56%
2020-12-31$193.33M7.49%
2019-12-31$179.87M26.33%
2018-12-31$142.37M24.79%
2017-12-31$114.09M4.96%
2016-12-31$108.69M25.80%
2015-12-31$86.41M30.20%
2014-12-31$66.36M34.35%
2013-12-31$49.40M26.11%
2012-12-31$39.17M-

Kornit Digital generated $219.79M in revenue during NA 2023, up -19.05% compared to the previous quarter, and up 154.37% compared to the same period a year ago.

Kornit Digital Revenue by Quarter

DateRevenueChange
2024-03-31$40.19M-28.97%
2023-12-31$56.59M-4.46%
2023-09-30$59.22M5.38%
2023-06-30$56.20M17.63%
2023-03-31$47.78M-24.52%
2022-12-31$63.30M-5.23%
2022-09-30$66.79M14.89%
2022-06-30$58.14M-30.20%
2022-03-31$83.29M-4.86%
2021-12-31$87.55M1.01%
2021-09-30$86.67M6.13%
2021-06-30$81.67M23.51%
2021-03-31$66.12M-8.53%
2020-12-31$72.29M25.96%
2020-09-30$57.39M53.31%
2020-06-30$37.44M42.82%
2020-03-31$26.21M-46.12%
2019-12-31$48.65M9.13%
2019-09-30$44.58M1.57%
2019-06-30$43.89M15.01%
2019-03-31$38.16M0.99%
2018-12-31$37.79M0.52%
2018-09-30$37.59M4.78%
2018-06-30$35.88M15.28%
2018-03-31$31.12M3.91%
2017-12-31$29.95M5.28%
2017-09-30$28.45M-0.50%
2017-06-30$28.59M5.49%
2017-03-31$27.10M-15.27%
2016-12-31$31.99M3.45%
2016-09-30$30.92M29.09%
2016-06-30$23.95M9.70%
2016-03-31$21.84M-13.79%
2015-12-31$25.33M14.08%
2015-09-30$22.20M4.40%
2015-06-30$21.27M20.76%
2015-03-31$17.61M-6.67%
2014-12-31$18.87M2.03%
2014-09-30$18.49M17.50%
2014-06-30$15.74M18.68%
2014-03-31$13.26M-

Kornit Digital generated $40.19M in revenue during Q1 2024, up -28.97% compared to the previous quarter, and up 63.49% compared to the same period a year ago.

Kornit Digital Revenue Breakdown


Kornit Digital Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 20Dec 19Dec 18
Service$61.31M$483.00K$4.27M-
Product$161.04M$25.18M$172.00K-
ServicesMember-$1.21M--

Kornit Digital's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (72.43%), and Service (27.57%).

Quarterly Revenue by Product

Product/ServiceJun 22Sep 21Jun 20
Service$1.43M--
ServiceContractsMember-$13.16M$4.04M
SystemsMember-$139.98M$26.39M
ServicesMember-$14.62M-
InkAndConsumablesMember-$66.70M$27.85M
TotalRevenueMember--$63.65M
SparePartsMember--$5.36M

Kornit Digital's latest quarterly revenue breakdown by segment (product or service), as of Jun 22: Service (100.00%).

Kornit Digital Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Other Countries Member$13.52M$15.36M---
Asia Pacific$22.01M$24.40M$23.34M$14.21M$22.10M
EMEA$60.71M$93.24M$78.69M$45.86M$48.81M
UNITED STATES$123.55M$138.51M$211.29M--
TotalRevenueCountriesMember--$322.01M$193.33M-
OtherCountriesMember--$8.69M$8.89M-
United States----$100.46M
Other Countries----$8.50M

Kornit Digital's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (56.21%), EMEA (27.62%), Asia Pacific (10.01%), and Other Countries Member (6.15%).

Quarterly Revenue by Country

CountryDec 22Jun 22Sep 21Jun 20
EMEA$44.66M$48.58M$52.74M$13.59M
UNITED STATES$67.52M$70.99M$157.52M-
Asia Pacific$10.92M$13.47M$17.13M$6.09M
Other Member-$8.38M--
Service-$1.43M--
OtherMember--$7.06M$2.67M

Kornit Digital's latest quarterly revenue breakdown by geography, as of Dec 22: UNITED STATES (54.85%), EMEA (36.28%), and Asia Pacific (8.87%).

Kornit Digital Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
IRIngersoll Rand$6.88B$1.86B
FLSFlowserve$4.32B$357.07M
MIDDMiddleby$4.05B$942.81M
ITTITT$3.28B$885.20M
IEXIDEX$3.27B$798.20M
FELEFranklin Electric$2.07B$531.44M
JBTJohn Bean$1.66B$453.80M
NPOEnPro Industries$1.06B$260.90M
KAIKadant$957.67M$271.61M
HLIOHelios$835.60M$194.50M
GRCGorman-Rupp Company$659.51M$168.18M
EPACEnerpac Tool Group$589.51M$150.39M
LXFRLuxfer$405.00M$99.40M
HURCHurco Companies$227.81M$42.65M
KRNTKornit Digital$219.79M$40.19M
OFLXOmega Flex$111.47M$24.88M

KRNT Revenue FAQ


What is Kornit Digital’s yearly revenue?

Kornit Digital's yearly revenue for 2023 was $219.79M, representing a decrease of -19.05% compared to 2022. The company's yearly revenue for 2022 was $271.52M, representing a decrease of -15.68% compared to 2021. KRNT's yearly revenue for 2021 was $322.01M, representing an increase of 66.56% compared to 2020.

What is Kornit Digital’s quarterly revenue?

Kornit Digital's quarterly revenue for Q1 2024 was $40.19M, a -28.97% decrease from the previous quarter (Q4 2023), and a -15.88% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $56.58M, a -4.46% decrease from the previous quarter (Q3 2023), and a -10.61% decrease year-over-year (Q4 2022). KRNT's quarterly revenue for Q3 2023 was $59.22M, a 5.38% increase from the previous quarter (Q2 2023), and a -11.33% decrease year-over-year (Q3 2022).

What is Kornit Digital’s revenue growth rate?

Kornit Digital's revenue growth rate for the last 3 years (2021-2023) was -31.74%, and for the last 5 years (2019-2023) was 22.19%.

What are Kornit Digital’s revenue streams?

Kornit Digital's revenue streams in c 23 are Service, and Product. Service generated $61.31M in revenue, accounting 27.57% of the company's total revenue, up 12594.20% year-over-year. Product generated $161.04M in revenue, accounting 72.43% of the company's total revenue, up 539.63% year-over-year.

What is Kornit Digital’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Kornit Digital was Product. This segment made a revenue of $161.04M, representing 72.43% of the company's total revenue.