
Kornit Digital Ltd
NASDAQ:KRNT

Income Statement
Earnings Waterfall
Kornit Digital Ltd
Revenue
|
236M
USD
|
Cost of Revenue
|
-158.8M
USD
|
Gross Profit
|
77.2M
USD
|
Operating Expenses
|
-162.3M
USD
|
Operating Income
|
-85.1M
USD
|
Other Expenses
|
-7.7M
USD
|
Net Income
|
-92.8M
USD
|
Income Statement
Kornit Digital Ltd
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||||||||||||||
Revenue |
49
N/A
|
54
+10%
|
58
+7%
|
63
+8%
|
66
+6%
|
71
+7%
|
76
+8%
|
80
+5%
|
86
+8%
|
91
+5%
|
93
+3%
|
102
+9%
|
109
+7%
|
114
+5%
|
119
+4%
|
116
-2%
|
114
-2%
|
118
+4%
|
125
+6%
|
135
+7%
|
142
+6%
|
150
+5%
|
159
+6%
|
169
+6%
|
184
+9%
|
172
-7%
|
164
-5%
|
174
+6%
|
193
+11%
|
233
+21%
|
277
+19%
|
307
+11%
|
322
+5%
|
339
+5%
|
316
-7%
|
296
-6%
|
272
-8%
|
236
-13%
|
|
Gross Profit | |||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(28)
|
(31)
|
(34)
|
(35)
|
(37)
|
(38)
|
(40)
|
(43)
|
(46)
|
(48)
|
(49)
|
(54)
|
(59)
|
(63)
|
(66)
|
(63)
|
(60)
|
(61)
|
(64)
|
(68)
|
(73)
|
(80)
|
(86)
|
(93)
|
(98)
|
(93)
|
(89)
|
(94)
|
(105)
|
(123)
|
(144)
|
(160)
|
(170)
|
(184)
|
(179)
|
(178)
|
(174)
|
(159)
|
|
Gross Profit |
21
N/A
|
23
+7%
|
24
+6%
|
28
+14%
|
29
+6%
|
33
+12%
|
36
+10%
|
37
+4%
|
41
+9%
|
43
+6%
|
45
+4%
|
48
+7%
|
49
+3%
|
51
+3%
|
52
+3%
|
53
+2%
|
54
+2%
|
58
+6%
|
62
+7%
|
66
+7%
|
70
+6%
|
70
+1%
|
73
+4%
|
76
+5%
|
87
+14%
|
79
-9%
|
75
-5%
|
80
+7%
|
88
+10%
|
110
+25%
|
133
+20%
|
146
+10%
|
152
+4%
|
155
+2%
|
137
-12%
|
118
-14%
|
97
-18%
|
77
-21%
|
|
Operating Income | |||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(18)
|
(21)
|
(23)
|
(24)
|
(25)
|
(27)
|
(30)
|
(32)
|
(35)
|
(38)
|
(40)
|
(44)
|
(48)
|
(50)
|
(51)
|
(54)
|
(56)
|
(58)
|
(60)
|
(61)
|
(64)
|
(65)
|
(69)
|
(71)
|
(74)
|
(79)
|
(81)
|
(87)
|
(95)
|
(101)
|
(112)
|
(124)
|
(139)
|
(151)
|
(164)
|
(170)
|
(165)
|
(162)
|
|
Selling, General & Administrative |
(3)
|
(7)
|
(11)
|
(15)
|
(16)
|
(17)
|
(19)
|
(21)
|
(23)
|
(25)
|
(26)
|
(29)
|
(30)
|
(31)
|
(32)
|
(32)
|
(34)
|
(36)
|
(37)
|
(39)
|
(41)
|
(43)
|
(46)
|
(48)
|
(51)
|
(55)
|
(55)
|
(59)
|
(63)
|
(66)
|
(75)
|
(84)
|
(95)
|
(103)
|
(111)
|
(114)
|
(109)
|
(107)
|
|
Research & Development |
(3)
|
(5)
|
(7)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(12)
|
(13)
|
(14)
|
(16)
|
(17)
|
(18)
|
(19)
|
(20)
|
(21)
|
(21)
|
(22)
|
(21)
|
(22)
|
(22)
|
(22)
|
(23)
|
(22)
|
(23)
|
(25)
|
(28)
|
(31)
|
(34)
|
(37)
|
(40)
|
(44)
|
(48)
|
(53)
|
(56)
|
(56)
|
(55)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(0)
|
(1)
|
0
|
(1)
|
(1)
|
(0)
|
0
|
(0)
|
(1)
|
(1)
|
0
|
(1)
|
|
Other Operating Expenses |
(13)
|
(9)
|
(5)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
3
N/A
|
2
-35%
|
2
-20%
|
4
+130%
|
4
+7%
|
6
+49%
|
6
+8%
|
5
-20%
|
6
+18%
|
5
-7%
|
4
-17%
|
4
-18%
|
1
-61%
|
1
-24%
|
1
-14%
|
(0)
N/A
|
(2)
-295%
|
(0)
+96%
|
2
N/A
|
5
+186%
|
6
+26%
|
5
-20%
|
4
-10%
|
5
+20%
|
12
+139%
|
0
-96%
|
(6)
N/A
|
(7)
-22%
|
(6)
+15%
|
10
N/A
|
21
+118%
|
22
+7%
|
13
-42%
|
4
-73%
|
(27)
N/A
|
(52)
-90%
|
(68)
-29%
|
(85)
-26%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
0
|
0
|
(0)
|
0
|
(0)
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
1
|
1
|
1
|
3
|
6
|
6
|
7
|
4
|
3
|
3
|
2
|
3
|
2
|
6
|
8
|
13
|
17
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(1)
|
0
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
|
Pre-Tax Income |
3
N/A
|
2
-32%
|
1
-28%
|
3
+160%
|
4
+18%
|
5
+42%
|
6
+6%
|
5
-15%
|
5
+11%
|
5
-1%
|
5
-14%
|
3
-40%
|
1
-46%
|
(0)
N/A
|
0
N/A
|
(0)
N/A
|
(2)
-240%
|
1
N/A
|
2
+272%
|
5
+153%
|
7
+29%
|
5
-24%
|
5
-2%
|
7
+25%
|
15
+135%
|
6
-63%
|
(1)
N/A
|
(1)
-43%
|
(3)
-172%
|
13
N/A
|
24
+88%
|
24
-1%
|
15
-35%
|
5
-67%
|
(22)
N/A
|
(45)
-106%
|
(57)
-25%
|
(70)
-24%
|
|
Net Income | |||||||||||||||||||||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
0
|
0
|
(0)
|
5
|
5
|
6
|
6
|
(1)
|
0
|
0
|
(0)
|
(2)
|
(2)
|
(3)
|
(3)
|
0
|
0
|
2
|
2
|
(23)
|
(23)
|
|
Income from Continuing Operations |
1
|
1
|
0
|
2
|
3
|
5
|
5
|
4
|
5
|
5
|
4
|
2
|
1
|
(1)
|
(0)
|
(1)
|
(2)
|
1
|
2
|
5
|
12
|
11
|
11
|
12
|
15
|
6
|
(1)
|
(1)
|
(5)
|
10
|
21
|
20
|
16
|
5
|
(20)
|
(43)
|
(79)
|
(93)
|
|
Net Income (Common) |
1
N/A
|
1
-55%
|
0
-61%
|
2
+1 090%
|
3
+27%
|
5
+50%
|
5
+8%
|
4
-21%
|
5
+23%
|
5
-1%
|
4
-18%
|
2
-46%
|
1
-60%
|
(1)
N/A
|
(0)
+51%
|
(1)
-141%
|
(2)
-145%
|
0
N/A
|
2
+517%
|
5
+175%
|
12
+145%
|
11
-14%
|
11
+1%
|
12
+14%
|
15
+19%
|
6
-60%
|
(1)
N/A
|
(1)
-120%
|
(5)
-257%
|
10
N/A
|
21
+98%
|
20
0%
|
16
-24%
|
5
-66%
|
(20)
N/A
|
(43)
-115%
|
(79)
-85%
|
(93)
-17%
|