# EDGAR Filing Document

**Accession Number:** 0001625791
**File Stem:** 0001213900-25-106450
**Filing Date:** 2025-11
**Character Count:** 39129
**Document Hash:** f26ac3e47b03cea04336521241f0a2d4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-106450.hdr.sgml**: 20251105

**ACCESSION NUMBER**: 0001213900-25-106450

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 23

**CONFORMED PERIOD OF REPORT**: 20251105

**FILED AS OF DATE**: 20251105

**DATE AS OF CHANGE**: 20251105

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Kornit Digital Ltd.
- **CENTRAL INDEX KEY:** 0001625791
- **STANDARD INDUSTRIAL CLASSIFICATION:** PRINTING TRADES MACHINERY & EQUIPMENT [3555]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 000000000
- **STATE OF INCORPORATION:** L3
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36903
- **FILM NUMBER:** 251451955

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 12 HA'AMAL STREET
- **STREET 2:** AFEK PARK
- **CITY:** ROSH-HA'AYIN
- **PROVINCE COUNTRY:** L3
- **BUSINESS PHONE:** 97239085800

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 12 HA'AMAL STREET
- **STREET 2:** AFEK PARK
- **CITY:** ROSH-HA'AYIN
- **PROVINCE COUNTRY:** L3

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER**

**PURSUANT TO RULE 13a-16 OR 15d-16 OF**

**THE SECURITIES EXCHANGE ACT OF 1934**

For the month of **November 2025**

Commission File Number **001-36903**

**KORNIT DIGITAL LTD.**

(Translation of Registrant's name into English)

**12 Ha'Amal Street**

**Park Afek**

**Rosh Ha'Ayin 4824096 Israel**

(Address of Principal Executive Office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

**CONTENTS**

***Results of Operations and Financial Condition- Quarter Ended September 30, 2025***

On November 5, 2025, Kornit Digital Ltd. ("**Kornit**") issued a press release entitled "Kornit Digital Reports Third Quarter 2025 Results," in which Kornit reported its results of operations for the third quarter ended September 30, 2025. A copy of that press release is furnished as <u>Exhibit 99.1</u> hereto.

Kornit is holding a conference call on November 5, 2025, to discuss its results for the quarter ended September 30, 2025, and, in connection with that call, will make available to its investors a slide presentation to provide additional information regarding its business and its financial results. That slide presentation is attached as <u>Exhibit 99.2</u> to this Report of Foreign Private Issuer on Form 6-K (this "**Form 6-K**") and is incorporated herein by reference.

***Exhibits***

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 99.1 | [Press release, dated November 5, 2025, titled "Kornit Digital Reports Third Quarter 2025 Results"](ea026415401ex99-1_kornit.htm) |
| 99.2 | [Slide presentation for conference call of Kornit held on November 5, 2025, discussing financial results for the quarter ended September 30, 2025](ea026415401ex99-2_kornit.htm) |

---

***Incorporation by Reference***

The U.S. GAAP financial information contained in the (i) consolidated balance sheets, (ii) consolidated statements of operations and (iii) consolidated statements of cash flows included in the press release attached as Exhibit 99.1 to this Report of Foreign Private Issuer on Form 6-K is hereby incorporated by reference into Kornit's Registration Statements on Form S-8 (File No.'s [333-203970](http://www.sec.gov/Archives/edgar/data/1625791/000161577415000908/s101052_forms8.htm), [333-214015](http://www.sec.gov/Archives/edgar/data/1625791/000121390016017339/fs82016_kornitdigital.htm), [333-217039](http://www.sec.gov/Archives/edgar/data/1625791/000121390017003012/fs82017_kornitdigital.htm), [333-223794](http://www.sec.gov/Archives/edgar/data/1625791/000121390018003205/fs82018_kornitdigital.htm), [333-230567](http://www.sec.gov/Archives/edgar/data/1625791/000121390019005079/fs82019_kornitdigitalltd.htm), [333-237346](http://www.sec.gov/Archives/edgar/data/1625791/000121390020007116/ea119827-s8_kornitdigital.htm), [333-254749](http://www.sec.gov/Archives/edgar/data/1625791/000121390021017777/ea138332-s8_kornitdigital.htm), [333-263975](https://www.sec.gov/Archives/edgar/data/0001625791/000121390022016164/ea157447-s8_kornitdigital.htm) and [333-286158](http://www.sec.gov/Archives/edgar/data/1625791/000101376225003116/ea0235566-s8_kornit.htm)).

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | KORNIT DIGITAL LTD. | KORNIT DIGITAL LTD. |
| Date: November 5, 2025 | By: | /s/ Lauri Hanover |
|  | Name: | Lauri Hanover |
|  | Title: | Chief Financial Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

**Investor Contact:**

Jared Maymon

Global Head of Investor Relations & Strategic Finance

Jared.Maymon@Kornit.com

![](ex99-1_001.jpg)

**Kornit Digital Reports Third Quarter 2025 Results**

● Revenue of **$53.1 million**, up **5% year over year**, above the midpoint of guidance

● Positive **adjusted EBITDA** of **$1.1 million or 2% adjusted EBITDA margin** 

● Continued to generate cash from operations

● Expansion
of **Apollo and Atlas MAX PLUS installations**, driving growth in bulk apparel production

● **Annual recurring revenue from AIC** grew to **$21.5 million** in Q3 and **$23.1 million** to date, reflecting continued adoption of
Kornit's usage-based revenue model

**Rosh-Ha`Ayin, Israel – November 5, 2025,** Kornit Digital Ltd. ("Kornit" or the "Company") (NASDAQ: KRNT), a global leader in sustainable, on-demand digital fashion and textile production, today announced financial results for the third quarter ended September 30, 2025. The results reflect Kornit's consistent execution of its strategy to accelerate digital adoption in mass apparel production, expand recurring revenues under the All-Inclusive Click (AIC) model, and strengthen its leadership in replacing traditional screen printing with agile, on-demand digital solutions.

"This quarter, we delivered results above the midpoint of our guidance, achieving year-over-year revenue growth and positive cash flow from operations," said Ronen Samuel, Chief Executive Officer of Kornit Digital. "We continue to build momentum in penetrating the bulk apparel market and accelerating the replacement of traditional screen printing with our Apollo and Atlas MAX PLUS systems. In parallel, we are expanding our recurring revenues through our innovative All-Inclusive Click (AIC) model, which is gaining traction across regions and becoming the preferred business model for customers scaling digital production."

Mr. Samuel continued, "We are also extending our reach into high-potential markets such as footwear, where our breakthrough digital solution is already producing more than one million pairs of shoes for leading brands. These achievements reflect the strength of our technology, the scalability of our model, and the execution of our strategy. Kornit is executing with discipline, building a profitable, cash-generating, and recurring business that is shaping the future of on-demand fashion and textile production."

**Third Quarter 2025 Results of Operations**

● Total revenue for the third quarter of 2025 was $53.1 million compared with $50.7 million in the prior year period.

● GAAP gross profit margin for the third quarter of 2025 was 43.5% compared with 47.7% in the prior year period. On a non-GAAP basis, gross profit margin was 45.8% compared with 50.3% in the prior year period.

● GAAP operating expenses for the third quarter of 2025 were $31.1 million compared with $31.3 million in the prior year period. On a non-GAAP basis, operating expenses decreased by 3.7% to $25.8 million compared with the prior year period.

● GAAP net loss for the third quarter of 2025 was $2.6 million, or ($0.06) per share, compared with net loss of $0.9 million, or ($0.02) per share, for the third quarter of 2024.

● Non-GAAP net income for the third quarter of 2025 was $4.2 million, or $0.09 per share, compared with non-GAAP net income of $5.5 million, or $0.11 per share, for the third quarter of 2024.

● Adjusted EBITDA for the third quarter of 2025 was $1.1 million compared with adjusted EBITDA of $1.5 million for the third quarter of 2024. Adjusted EBITDA margin for the third quarter of 2025 was 2.0% compared with 2.9% for the third quarter of 2024.

**Fourth Quarter 2025 Guidance**

For the fourth quarter of 2025, the Company expects revenues to be in the range of $56 million to $60 million and adjusted EBITDA margin between 7% and 10%.

**Third Quarter Earnings Conference Call Information**

The Company will host a conference call today at 8:30 a.m. ET, or 3:30 p.m. Israel time, to discuss the results, followed by a question-and-answer session with the investor community.

**A live webcast of the call** can be accessed at ir.kornit.com. To access the call, participants may dial toll-free at 1-877-407-0792 or 1-201-689-8263. The Israel Toll free number is 1-809-406-247.

**To listen to a replay** of the conference call, dial toll-free 1-844-512-2921 or 1-412-317-6671 and enter access ID 13755781. The telephonic replay will be available approximately three hours after the completion of the live call until 11:59 pm ET on November 19, 2025. The call will also be available for replay via the webcast link on Kornit's Investor Relations website.

**About Kornit Digital**

Kornit Digital (NASDAQ: KRNT) is a worldwide market leader in sustainable, on-demand, digital fashion, and textile production technologies. The company offers end-to-end solutions including digital printing systems, inks, consumables, software, and fulfillment services through its global fulfillment network. Headquartered in Israel with offices in the USA, Europe, and Asia Pacific, Kornit Digital serves customers in more than 100 countries and states worldwide. To learn more about how Kornit Digital is boldly transforming the world of fashion and textiles, visit www.kornit.com.

**Forward Looking Statements**

Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and other U.S. securities laws. Forward-looking statements are characterized by the use of forward-looking terminology such as "will," "expects," "anticipates," "continue," "believes," "should," "intended," "guidance," "preliminary," "future," "planned," or other words. These forward-looking statements include, but are not limited to, statements relating to the Company's objectives, plans and strategies, statements of preliminary or projected results of operations or of financial condition and all statements that address activities, events, or developments that the Company intends, expects, projects, believes or anticipates will or may occur in the future. Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties. The Company has based these forward-looking statements on assumptions and assessments made by its management in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they believe to be appropriate. Important factors that could cause actual results, developments and business decisions to differ materially from those anticipated in these forward-looking statements include, among other things: the duration and severity of adverse macro-economic headwinds that were caused by inflationary pressures and higher interest rates, which have impacted, and may continue to impact, in an adverse manner, the Company's operations, financial position and cash flows, in part due to the adverse impact on the Company's customers and suppliers; the Company's degree of success in developing, introducing and selling new or improved products and product enhancements including specifically the Company's Poly Pro and Presto products, and the Company's Apollo direct-to-garment platform; the extent of the Company's ability to consummate sales to large accounts with multi-system delivery plans; the degree of the Company's ability to fill orders for its systems and consumables; the extent of the Company's ability to increase sales of its systems, ink and consumables; the extent of the Company's ability to leverage its global infrastructure build-out; the development of the market for digital textile printing; the availability of alternative ink; competition; sales concentration; changes to the Company's relationships with suppliers; the extent of the Company's success in marketing; and those additional factors referred to under "Risk Factors" in Item 3.D of the Company's Annual Report on Form 20-F for the year ended December 31, 2024, filed with the SEC on March 28, 2025. Any forward-looking statements in this press release are made as of the date hereof, whether as a result of new information, future events or otherwise, except as required by law.

**Non-GAAP Discussion Disclosure**

The Company presents certain non-GAAP financial measures, in this press release and in the accompanying conference call to discuss the Company's quarterly results. These non-GAAP financial measures reflect adjustments to corresponding GAAP financial measures in order to exclude the impact of the following: share-based compensation expenses; amortization of intangible assets; restructuring expenses; foreign exchange differences associated with ASC 842; and non-cash deferred tax income.

The Company defines "Adjusted EBITDA" as non-GAAP operating income (loss), which reflects the adjustments described in the preceding paragraph, as further adjusted to exclude depreciation expense.

The purpose of the foregoing non-GAAP financial measures is to convey the Company's performance exclusive of non-cash charges and other items that are considered by management to be outside of the Company's core operating results. These non-GAAP measures are among the primary factors management uses in planning for and forecasting future periods. Furthermore, the non-GAAP measures are regularly used internally to understand, manage, and evaluate the Company's business and make operating decisions, and the Company believes that they are useful to investors as a consistent and comparable measure of the ongoing performance of the Company's business. The Company's non-GAAP financial measures are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with the Company's consolidated financial statements prepared in accordance with GAAP. Additionally, these non-GAAP financial measures may differ materially from the non-GAAP financial measures used by other companies.

The reconciliation tables included below present a reconciliation of our non-GAAP financial measures to the most directly comparable GAAP financial measures.

**KORNIT DIGITAL LTD.**

**AND ITS SUBSIDIARIES**

**CONSOLIDATED BALANCE SHEETS**

**(U.S. dollars in thousands)**

---

| | | |
|:---|:---|:---|
|  | **September 30,**<br>**2025** | **December 31,**<br>**2024** |
|  | **(Unaudited)** | **(Audited)** |
| **ASSETS** |  |  |
| CURRENT ASSETS: |  |  |
| &nbsp;&nbsp;&nbsp;Cash and cash equivalents | $38255 | $35003 |
| &nbsp;&nbsp;&nbsp;Short-term bank deposit | 337803 | 205934 |
| &nbsp;&nbsp;&nbsp;Marketable securities | 67292 | 222937 |
| &nbsp;&nbsp;&nbsp;Trade receivables, net | 64728 | 65459 |
| &nbsp;&nbsp;&nbsp;Inventory | 49002 | 60342 |
| &nbsp;&nbsp;&nbsp;Other accounts receivable and prepaid expenses | 31593 | 25714 |
| Total current assets | 588673 | 615389 |
| LONG-TERM ASSETS: |  |  |
| &nbsp;&nbsp;&nbsp;Marketable securities | 46455 | 48086 |
| &nbsp;&nbsp;&nbsp;Deposits and other long-term assets | 14274 | 10542 |
| &nbsp;&nbsp;&nbsp;Severance pay fund | 361 | 306 |
| &nbsp;&nbsp;&nbsp;Property,plant and equipment, net | 65979 | 59222 |
| &nbsp;&nbsp;&nbsp;Operating lease right-of-use assets | 17711 | 19054 |
| &nbsp;&nbsp;&nbsp;Intangible assets, net | 7194 | 5721 |
| &nbsp;&nbsp;&nbsp;Goodwill | 29164 | 29164 |
| Total long-term assets | 181138 | 172095 |
| **Total assets** | 769811 | 787484 |
| **LIABILITIES AND SHAREHOLDERS' EQUITY** |  |  |
| CURRENT LIABILITIES: |  |  |
| &nbsp;&nbsp;&nbsp;Trade payables | 5959 | 9019 |
| &nbsp;&nbsp;&nbsp;Employees and payroll accruals | 12462 | 13101 |
| &nbsp;&nbsp;&nbsp;Deferred revenues and advances from customers | 1732 | 2339 |
| &nbsp;&nbsp;&nbsp;Operating lease liabilities | 3741 | 3311 |
| &nbsp;&nbsp;&nbsp;Other payables and accrued expenses | 21863 | 16561 |
| Total current liabilities | 45757 | 44331 |
| LONG-TERM LIABILITIES: |  |  |
| &nbsp;&nbsp;&nbsp;Accrued severance pay | 1363 | 1051 |
| &nbsp;&nbsp;&nbsp;Operating lease liabilities | 14953 | 15065 |
| &nbsp;&nbsp;&nbsp;Other long-term liabilities | 92 | 138 |
| Total long-term liabilities | 16408 | 16254 |
| SHAREHOLDERS' EQUITY | 707646 | 726899 |
| **Total liabilities and shareholders' equity** | $769811 | $787484 |

---

**KORNIT DIGITAL LTD.**

**AND ITS SUBSIDIARIES**

**CONSOLIDATED STATEMENTS OF OPERATIONS**

**(U.S. dollars in thousands, except share and per share data)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Three Months Ended** | **Three Months Ended** | **Nine Months Ended** | **Nine Months Ended** |
|  | **September 30,** | **September 30,** | **September 30,** | **September 30,** |
|  | **2025** | **2024** | **2025** | **2024** |
|  | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
| Revenues |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Products | $38134 | $36996 | $110412 | $100375 |
| &nbsp;&nbsp;&nbsp; Services | 15000 | 13736 | 38933 | 42754 |
| Total revenues | 53134 | 50732 | 149345 | 143129 |
| Cost of revenues |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Products | 16155 | 14647 | 49735 | 43609 |
| &nbsp;&nbsp;&nbsp; Services | 13890 | 11875 | 35977 | 38887 |
| Total cost of revenues | 30045 | 26522 | 85712 | 82496 |
| Gross profit | 23089 | 24210 | 63633 | 60633 |
| Operating expenses: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Research and development, net | 9013 | 9973 | 27434 | 31797 |
| &nbsp;&nbsp;&nbsp;Sales and marketing | 14221 | 14441 | 44163 | 43213 |
| &nbsp;&nbsp;&nbsp;General and administrative | 7907 | 6919 | 23025 | 21728 |
| Total operating expenses | 31141 | 31333 | 94622 | 96738 |
| Operating loss | (8052) | (7123) | (30989) | (36105) |
| Financial income, net | 5540 | 6720 | 16388 | 18501 |
| Loss before taxes on income | (2512) | (403) | (14601) | (17604) |
| Taxes on income | 80 | 505 | 568 | 1412 |
| Net loss | $(2592) | $(908) | $(15169) | $(19016) |
| Basic loss per share | $(0.06) | $(0.02) | $(0.33) | $(0.40) |
| Weighted average number of shares used in computing basic net loss per share | 44908580 | 47604224 | 45291359 | 47583631 |
| Diluted loss per share | $(0.06) | $(0.02) | $(0.33) | $(0.40) |
| Weighted average number of shares used in computing diluted net loss per share | 44908580 | 47604224 | 45291359 | 47583631 |

---

**KORNIT DIGITAL LTD.**

**AND ITS SUBSIDIARIES**

**RECONCILIATION OF GAAP TO NON-GAAP CONSOLIDATED STATEMENTS OF OPERATIONS**

**(U.S. dollars in thousands, except share and per share data)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Three Months Ended** | **Three Months Ended** | **Nine Months Ended** | **Nine Months Ended** |
| | **September 30,** | **September 30,** | **September 30,** | **September 30,** |
| | **2025** | **2024** | **2025** | **2024** |
| | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
| Revenues | $53134 | $50732 | $149345 | $143129 |
| GAAP cost of revenues | $30045 | $26522 | $85712 | $82496 |
| Cost of product recorded for share-based compensation (1) | (526) | (502) | (1587) | (1494) |
| Cost of service recorded for share-based compensation (1) | (394) | (422) | (1193) | (1294) |
| Intangible assets amortization on cost of product (2) | (152) | (231) | (450) | (760) |
| Intangible assets amortization on cost of service (2) | (159) | (160) | (479) | (480) |
| Restructuring expenses (3) | (29) | - | (1055) | (914) |
| Non-GAAP cost of revenues | $28785 | $25207 | $80948 | $77554 |
| GAAP gross profit | $23089 | $24210 | $63633 | $60633 |
| Gross profit adjustments | 1260 | 1315 | 4764 | 4942 |
| Non-GAAP gross profit | $24349 | $25525 | $68397 | $65575 |
| GAAP operating expenses | $31141 | $31333 | $94622 | $96738 |
| Share-based compensation (1) | (4704) | (4431) | (13920) | (13884) |
| Intangible assets amortization (2) | (75) | (87) | (223) | (262) |
| Restructuring expenses (3) | (547) | - | (547) | (757) |
| Non-GAAP operating expenses | $25815 | $26815 | $79932 | $81835 |
| GAAP Financial income, net | $5540 | $6720 | $16388 | $18501 |
| Foreign exchange losses associated with ASC 842 | 201 | 441 | 1736 | 557 |
| Non-GAAP Financial income, net | $5741 | $7161 | $18124 | $19058 |
| GAAP Taxes on income | $80 | $505 | $568 | $1412 |
| Non-cash deferred tax income | - | (173) | - | $- |
| Non-GAAP Taxes on income | $80 | $332 | $568 | $1412 |
| GAAP Net loss | $(2592) | $(908) | $(15169) | $(19016) |
| Share-based compensation (1) | 5624 | 5355 | 16700 | 16672 |
| Intangible assets amortization (2) | 386 | 478 | 1152 | 1502 |
| Restructuring expenses (3) | 576 |  | 1602 | 1671 |
| Foreign exchange losses associated with ASC 842 | 201 | 441 | 1736 | 557 |
| Non-cash deferred tax income | - | 173 | - | - |
| Non-GAAP net income | $4195 | $5539 | $6021 | $1386 |
| GAAP diluted loss per share | $(0.06) | $(0.02) | $(0.33) | $(0.40) |
| Non-GAAP diluted income per share | $0.09 | $0.11 | $0.13 | $0.03 |
| Weighted average number of shares |  |  |  |  |
| Shares used in computing GAAP diluted net loss per share | 44908580 | 47604224 | 45291359 | 47583631 |
| Shares used in computing Non-GAAP diluted net income per share | 45241853 | 49988803 | 45701943 | 49166345 |
| (1) Share-based compensation |  |  |  |  |
| Cost of product revenues | $526 | $502 | $1587 | $1494 |
| Cost of service revenues | 394 | 422 | 1193 | 1294 |
| Research and development | 1194 | 1384 | 3609 | 4055 |
| Sales and marketing | 1730 | 1650 | 5098 | 5016 |
| General and administrative | 1780 | 1397 | 5213 | 4813 |
|  | $5624 | $5355 | $16700 | $16672 |
| (2) Intangible assets amortization |  |  |  |  |
| Cost of product revenues | $152 | $231 | $450 | $760 |
| Cost of service revenues | 159 | 160 | 479 | 480 |
| Sales and marketing | 75 | 87 | 223 | 262 |
|  | $386 | $478 | $1152 | $1502 |
| (3) Restructuring expenses |  |  |  |  |
| Cost of product revenues | $11 | $- | $1037 | $865 |
| Cost of service revenues | 18 |  | 18 | 49 |
| Research and development | 44 |  | 44 | 235 |
| Sales and marketing | 374 |  | 374 | 190 |
| General and administrative | 129 | - | 129 | 332 |
|  | $576 | $- | $1602 | $1671 |

---

**KORNIT DIGITAL LTD.**

**AND ITS SUBSIDIARIES**

**CONSOLIDATED STATEMENTS OF CASH FLOWS**

**(U.S. dollars in thousands)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Three Months Ended** | **Three Months Ended** | **Nine Months Ended** | **Nine Months Ended** |
|  | **September 30,** | **September 30,** | **September 30,** | **September 30,** |
|  | **2025** | **2024** | **2025** | **2024** |
|  | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
| <u>Cash flows from operating activities:</u> |  |  |  |  |
| Net loss | $(2592) | $(908) | $(15169) | $(19016) |
| Adjustments to reconcile net loss to net cash provided by operating activities: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Depreciation and amortization | 2931 | 3219 | 8707 | 9734 |
| &nbsp;&nbsp;&nbsp;Fair value of warrants deducted from revenues |  |  |  | 3273 |
| &nbsp;&nbsp;&nbsp;Share-based compensation | 5624 | 5355 | 16700 | 16672 |
| &nbsp;&nbsp;&nbsp;Amortization of premium and accretion of discount on marketable securities, net | (224) | (287) | (774) | (278) |
| &nbsp;&nbsp;&nbsp;Realized loss on sale and redemption of marketable securities | (36) |  | (58) |  |
| &nbsp;&nbsp;&nbsp;Loss from disposal of property and Equipments | 22 |  | 156 |  |
| <u>Change in operating assets and liabilities:</u> |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Trade receivables, net | (271) | 5329 | 731 | 19500 |
| &nbsp;&nbsp;&nbsp;Other accounts receivables and prepaid expenses | (3007) | (447) | (5879) | 1037 |
| &nbsp;&nbsp;&nbsp;Inventory | 675 | 4094 | 8275 | 130 |
| &nbsp;&nbsp;&nbsp;Operating leases right-of-use assets and liabilities, net | 231 | 339 | 1661 | (236) |
| &nbsp;&nbsp;&nbsp;Deposits and other long term assets | (185) | (440) | (3732) | (1659) |
| &nbsp;&nbsp;&nbsp;Trade payables | (4045) | 227 | (3952) | (1706) |
| &nbsp;&nbsp;&nbsp;Employees and payroll accruals | (666) | 914 | 988 | 1436 |
| &nbsp;&nbsp;&nbsp;Deferred revenues and advances from customers | 166 | 55 | (607) | (617) |
| &nbsp;&nbsp;&nbsp;Other payables and accrued expenses | 4885 | (3880) | 6584 | (6070) |
| &nbsp;&nbsp;&nbsp;Accrued severance pay, net | 874 | 4 | 257 | (58) |
| &nbsp;&nbsp;&nbsp;Other long - term liabilities | (34) | (20) | (46) | (80) |
| Net cash provided by operating activities | 4348 | 13554 | 13842 | 22062 |
| <u>Cash flows from investing activities:</u> |  |  |  |  |
| Purchase of property, plant and equipment and capitalized software development costs | (3557) | (10497) | (13136) | (13220) |
| Proceeds from (investment in) short-term bank deposits, net | (31366) | 73995 | (131869) | 66199 |
| Proceeds from sales and redemption of marketable securities | 7000 | 7000 | 13060 | 10494 |
| Proceeds from maturities of marketable securities | 64278 | 8750 | 207400 | 44629 |
| Investment in marketable securities | (27648) | (1282) | (60226) | (45901) |
| Net cash provided by investing activities | 8707 | 77966 | 15229 | 62201 |
| <u>Cash flows from financing activities:</u> |  |  |  |  |
| Exercise of employee stock options | 40 | 115 | 808 | 122 |
| Payments related to shares withheld for taxes | (258) | (296) | (1627) | (1074) |
| Repurchase of ordinary shares | - | - | (25000) | (9055) |
| Net cash used in financing activities | (218) | (181) | (25819) | (10007) |
| Increase in cash and cash equivalents | 12837 | 91339 | 3252 | 74256 |
| Cash and cash equivalents at the beginning of the period | 25418 | 22522 | 35003 | 39605 |
| Cash and cash equivalents at the end of the period | $38255 | $113861 | $38255 | $113861 |
| Non-cash investing and financing activities: |  |  |  |  |
| Purchase of property and equipment on credit | 1139 | 145 | 1139 | 145 |
| Inventory transferred to be used as property and equipment | 346 | 175 | 3299 | 1576 |
| Property, plant and equipment transferred to be used as inventory |  |  | 234 | 320 |
| Lease liabilities arising from obtaining right-of-use assets | 175 | 337 | 1258 | (1071) |

---

**KORNIT DIGITAL LTD.**

**AND ITS SUBSIDIARIES**

**RECONCILIATION OF GAAP NET INCOME TO ADJUSTED EBITDA**

**(U.S. dollars in thousands, except share and per share data)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Three Months Ended** | **Three Months Ended** | **Nine Months Ended** | **Nine Months Ended** |
|  | **September 30,** | **September 30,** | **September 30,** | **September 30,** |
|  | **2025** | **2024** | **2025** | **2024** |
|  | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
| GAAP Revenues | $53134 | $50732 | $149345 | $143129 |
| GAAP Net loss | (2592) | (908) | (15169) | (19016) |
| &nbsp;&nbsp;&nbsp;Taxes on income | 80 | 505 | 568 | 1412 |
| &nbsp;&nbsp;&nbsp;Financial income | (5540) | (6720) | (16388) | (18501) |
| &nbsp;&nbsp;&nbsp;Share-based compensation | 5624 | 5355 | 16700 | 16672 |
| &nbsp;&nbsp;&nbsp;Intangible assets amortization | 386 | 478 | 1152 | 1502 |
| &nbsp;&nbsp;&nbsp;Restructuring expenses | 576 | - | 1602 | 1671 |
| Non-GAAP Operating loss | (1466) | (1290) | (11535) | (16260) |
| &nbsp;&nbsp;&nbsp;Depreciation | 2545 | 2741 | 7555 | 8232 |
| Adjusted EBITDA | $1079 | $1451 | $(3980) | $(8028) |

---

## Exhibit 99.2

**Exhibit 99.2**

![](ex99-2_001.jpg)

Kornit Digital. All Rights Reserved. Kornit Digital. All Rights Reserved. Kornit Digital (NASDAQ: KRNT) Third Quarter 2025 Earnings Conference Call Supporting Slides November 5, 2025 Kornit Digital. All Rights Reserved.

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Kornit Digital. All Rights Reserved. On Today ' s Call Ronen Samuel CEO Lauri Hanover CFO Jared Maymon Investor Relations

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Kornit Digital. All Rights Reserved. Safe Harbor This presentation contains "forward - looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and other U . S . securities laws . Forward - looking statements are characterized by the use of forward - looking terminology such as "will," "expects," "anticipates," "continue," "believes," "should," "intended," "guidance," "preliminary," "future," "planned," or other words . These forward - looking statements include, but are not limited to, statements relating to the Company's objectives, plans and strategies, statements of preliminary or projected results of operations or of financial condition and all statements that address activities, events, or developments that the Company intends, expects, projects, believes or anticipates will or may occur in the future . Forward - looking statements are not guarantees of future performance and are subject to risks and uncertainties . The Company has based these forward - looking statements on assumptions and assessments made by its management in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they believe to be appropriate . Important factors that could cause actual results, developments and business decisions to differ materially from those anticipated in these forward - looking statements include, among other things : the duration and severity of adverse macro - economic headwinds that were caused by inflationary pressures and higher interest rates, which have impacted, and may continue to impact, in an adverse manner, the Company's operations, financial position and cash flows, in part due to the adverse impact on the Company's customers and suppliers ; the Company's degree of success in developing, introducing and selling new or improved products and product enhancements including specifically the Company's Poly Pro and Presto products, and the Company's Apollo direct - to - garment platform ; the extent of the Company's ability to consummate sales to large accounts with multi - system delivery plans ; the degree of the Company's ability to fill orders for its systems and consumables ; the extent of the Company's ability to increase sales of its systems, ink and consumables ; the extent of the Company's ability to leverage its global infrastructure build - out ; the development of the market for digital textile printing ; the availability of alternative ink ; competition ; sales concentration ; changes to the Company's relationships with suppliers ; the extent of the Company's success in marketing ; and those additional factors referred to under "Risk Factors" in Item 3 . D of the Company's Annual Report on Form 20 - F for the year ended December 31 , 2024 , filed with the SEC on March 28 , 2025 . Any forward - looking statements in this press release are made as of the date hereof, whether as a result of new information, future events or otherwise, except as required by law . In addition to U . S . GAAP financials, this presentation includes certain non - GAAP financial measures . These non - GAAP financial measures are in addition to, and not a substitute for or superior to, measures of financial performance prepared in accordance with U . S . GAAP . Please see the reconciliation table that appears among the financial tables in our earnings release being issued today, which earnings release is attached as Exhibit 99 . 1 to our report of foreign private issuer on Form 6 - K being furnished to the SEC today, which reconciliation table is incorporated by reference in this presentation . This presentation contains statistical data that we obtained from industry publications and reports generated by third parties . Although we believe that the publications and reports are reliable, we have not independently verified this statistical data . Kornit , Kornit Digital, the K logo, and NeoPigment are trademarks of Kornit Digital Ltd . All other trademarks are the property of their respective owners and are used for reference purposes only . Such use should not be construed as an endorsement of our products or services .

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Kornit Digital. All Rights Reserved. Business Highlights

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Kornit Digital. All Rights Reserved. Performance reflects operational execution and progress toward transforming Kornit into a business driven by recurring revenues , in an expanding addressable market , with sustained profitability Third Quarter 2025 Recap Q3'25 Revenues of $53.1m Q3'25 EBITDA margin of 2.0% Results above the midpoint of our guidance range Contracted annual recurring revenue from AIC reached $21.5m at the end of Q3'25

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Kornit Digital. All Rights Reserved. Kornit's addressable market of bulk production runs below one thousand units represents approximately 6bn impressions • Kornit's goal is to serve 5% of this market by 2030 In the 18 months since the first Apollo installation, adoption continues to accelerate as customers expand their fleets and increase utilization • Across early Apollo users, systems now average more than one million impressions annually, with 40% of those produced for bulk apparel • Approximately 25% of bulk apparel jobs on Kornit systems are now above 500 copies Progress Update

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Kornit Digital. All Rights Reserved. Apollo & Atlas • Of Apollo and Atlas MAX PLUS systems sold in 2025 , 40 % were to new customers • 80 % of Apollo systems operate under the AIC model • Recently expanded AIC program to Asia with Atlas MAX PLUS and Apollo Progress Update All - Inclusive Click (AIC) • At the end of Q3, contracted annual recurring revenue from AIC reached $21.5m, up $2.6m sequentially • Q3 deals moved into Q4 bring contracted ARR from AIC to $23.1m to date Impressions • Impressions grew to 232m on TTM basis in Q3, up ~5% YoY • Expecting an increase in impressions growth into Q4

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Kornit Digital. All Rights Reserved. • Showcased portfolio and announced commercial launch of Kornit's digital footwear solution at ITMA Singapore • Commercialization follows two years of pilot programs with leading brands • Already crossed milestone of one million pairs of shoe uppers produced using Kornit's technology • Progress marks an important step forward in applying Kornit's digital platform to adjacent categories • Footwear is a pillar of long - term growth strategy with an addressable market of approximately 1 bn pairs of shoes annually Recent Footwear Announcement Highlights

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Kornit Digital. All Rights Reserved. Third Quarter & YTD Recap • Kornit is transitioning from one - time equipment sales to a recurring, usage - based model that will deliver improved visibility and profitability over time • Our plan for 2025 was to deliver profitability, generate cash, and drive growth in revenue and ARR, we are on track to deliver on this plan Recap & Look Ahead Looking Ahead • In Q4'25 we expect sequential growth in revenue, gross margin, and adjusted EBITDA • Looking into 2026, we currently expect modest top - line growth in the low single digits alongside adjusted EBITDA expansion as the AIC transition continues to drive a meaningful increase in ARR • This evolution positions Kornit for sustainable, profitable growth and long - term value creation

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Kornit Digital. All Rights Reserved. Financial Highlights

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Kornit Digital. All Rights Reserved. • Q3 2025 revenues were $53.1 million • Year - over - year revenue growth was driven by growth in Product and service revenues • Consumables sales and revenue from the AIC model drove growth in Product revenues Revenues $50.7 $53.1 Q3 Revenues ($M) 2024 2025 65 % 27% 8 % Revenues By Region Americas EMEA Asia Pacific

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Kornit Digital. All Rights Reserved. • Q3 2025 non - GAAP gross margin of 45.8% compared to 50.3% in Q3 2024 • Year - over - year decline was primarily the result of inventory - related adjustments, US tariff costs and lower service gross margin, as expected Gross Margins 50.3 % 45.8% Q 3 Non - GAAP Gross Margin 2024 2025

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Kornit Digital. All Rights Reserved. • Q3 2025 Non - GAAP Operating Expenses: $25.8 million, down from $26.8 million in Q3 2024 • Had the USD/Shekel exchange rate remained at the prior year level, Q3 2025 operating expenses would have been $25 million, or 7% below Q3 2024. Operating Expenses Non - GAAP Operating Expenses ($ in millions) Q3 2025 Q3 2024 $.8 $8.6 Research & Development $12.0 $12.7 Sales & Marketing $6.0 $5.5 General & Administrative $25.8 $26.8 Total Operating Expenses (1) (1) Figures may not add due to rounding

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Kornit Digital. All Rights Reserved. P&L KPI's Q3 2025 Q3 2024 ($.5) ($.) Non - GAAP Operating Loss $. $.5 Adjusted EBITDA $4. $5.5 Non - GAAP Net Income $0.09 $0 . Non - GAAP Diluted income per share ($2.6) ($0.) GAAP Net Loss ($0.06) ($0.02) GAAP loss per share $ in millions, except per share amounts

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Kornit Digital. All Rights Reserved. ― At quarter end, cash, including bank deposits and marketable securities, was ~$ʧ 90 million ― Q 3 2025 cash generated from operating activities: ~$4.3 million ― Q 3 2025 free cash flow of ~$0.8 million ― Accounts receivable increase d ~$0.2 million from Q 2 2025 ― Inventories decreased ~$1.0 million from Q 2 202 ʨ ― Trade payables decreased ~$ʧ .0 million from Q 2 202 ʨ Balance Sheet & Cash Flow Q3 2025 Q2 2025 Q3 2024 $489.8 $488.6 $561.1 Cash, Deposits & Marketable Securities $64.7 $64.5 $74.1 Accounts r eceivable, net $49.0 $50.0 $66.3 Inventory $6.0 $10.0 $5.1 Trade p ayables $ in millions

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Kornit Digital. All Rights Reserved. ― Q4 2025 Revenues: ― Expected to be in the range of $56 million to $60 million ― Q4 2025 Adjusted EBITDA margin: ― Expected to be in the range of 7% to 10% Fourth Quarter 2025 Guidance

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Kornit Digital. All Rights Reserved.

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Kornit Digital. All Rights Reserved. YoY Growth Q3 2025 TTM ended September 30, 2025 Q3 2024 TTM ended September 30, 2024 ~5% 232.0m impressions 221.3m impressions Q3 2025 As of September 30, 2025 $21.5m \*ARR from AIC reflects the anticipated yearly revenue derived from all systems shipped on the AIC model

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Kornit Digital. All Rights Reserved. Thank You!