EarningsQ2 2026 Earnings Report
MX:KRNTN Q2 2026 EPS Results
Actual EPS$0.72
Consensus EPS-$0.25
Beat/MissBeat by +$0.98
One Year Ago EPS$0.54
MX:KRNTN Q2 2026 Revenue Results
Actual Revenue$1.00B
Expected Revenue$955.49M
Beat/MissBeat by +$45.53M
YoY Revenue Growth+11.19%
Earnings Announcement Details
QuarterQ2 2026
Date08/12/2026
TimeBefore Open
Conference CallWednesday, August 12, 2026
MX:KRNTN Upcoming Earnings
Kornit Digital's next earnings date is estimated for November 11, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:KRNTN Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call was broadly positive: the company delivered a revenue beat, meaningful ARR expansion (+79% YoY), strong AIC growth (+112% YoY), sequential and year-over-year improvements in margins and four quarters of accelerating impressions growth. Cash generation remained strong ($8.5M operating cash flow; $451M liquidity), and management raised H2/full-year expectations. Offsetting items include modest absolute adjusted EBITDA ($0.3M), increased operating expenses (Konnections and FX), some margin improvement aided by a tariff refund (~$830k), and uneven demand among long-tail customers and product lines (roll-to-roll still recovering). Overall the positive execution, recurring revenue mix, cash strength and upgraded outlook outweigh the outlined challenges.Company Guidance
Revenue Beat and Year-over-Year Growth
Q2 revenue of $55.3M, up 11.2% year-over-year and above the high end of guidance.
Strong ARR Expansion
Annual Recurring Revenue reached $33.8M, up 79% year-over-year and 26% sequentially; ARR represents next 12 months of minimum commitments and implies approximately $142M of total contract value (typical 5-year agreements).
All-Inclusive Click (AIC) Momentum
AIC revenue grew 112% year-over-year and 32.7% sequentially; AIC is driving higher system utilization and long-term customer commitments.
Improving Profitability Metrics
Adjusted EBITDA was positive $0.3M versus a loss of $1.2M in Q2 2025; adjusted EBITDA margin improved to 0.6%, up 290 basis points year-over-year.
Gross Margin and Tariff Benefit
Non-GAAP gross margin improved to 47.4%, up 110 basis points year-over-year; quarter included a tariff-related net benefit of approximately $830k from a $2M refund.
Recurring / Highly Recurring Revenue Mix
Approximately 80% of revenue is recurring or highly recurring (ARR, ink, services, software), supporting visibility and resilience.
Cash Generation and Balance Sheet Strength
Operating cash flow was ~$8.5M (11th consecutive quarter of positive operating cash flow); cash, bank deposits and marketable securities totaled approximately $451M at quarter end.
Commercial Momentum and Customer Adoption
System deliveries expanding production footprint: ~40% of Q2 system sales from new customers and ~60% of systems in Q2/H1 sold to traditional screen printers, indicating successful penetration of the analog-to-digital transition; trailing 12-month impressions grew 15%.
Strategic Actions — M&A and Buybacks
Closed acquisition of PrintFactory in Q2 to strengthen software/workflow; repurchased $5.4M of shares in the quarter, ~9.5M shares repurchased for ~$205M since 2023 with ~$60M remaining under authorization.
Upgraded Outlook for H2 and Full Year
Company expects H2 revenue to be ~15% higher than H1, supporting high single-digit revenue growth for the full year (up from earlier low single-digit expectation); Q3 revenue guidance $55M–$60M with adjusted EBITDA margin breakeven to 3%.
MX:KRNTN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed