Kornit Digital Ltd.

KRNT ·Industrials, Specialty Industrial Machinery
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item FY2017 FY2016 FY2015 FY2014 FY2013
Revenue $114.1M $108.7M $86.4M $66.4M $49.4M
Cost of Revenue $60.0M $59.3M $45.8M $37.2M $28.0M
Gross Profit $54.1M $49.4M $40.6M $29.2M $21.4M
Gross Margin 47.4% 45.5% 47.0% 44.0% 43.4%
Operating Expenses
Research & Development $20.8M $17.4M $12.0M $9.5M $7.4M
SG&A Expense $13.6M $12.3M $9.5M $5.3M $3.3M
Operating Income $-2.1M $1.4M $5.8M $3.8M $3.0M
Operating Margin -1.8% 1.3% 6.7% 5.8% 6.0%
Interest Expense — — — — —
Pretax Income $-1.6M $1.5M $5.4M $3.8M $2.5M
Income Tax Expense $384.0K $648.0K $709.0K $782.0K $1.4M
Net Income $-2.0M $828.0K $4.7M $3.0M $1.1M
Net Margin -1.8% 0.8% 5.5% 4.6% 2.3%
EPS (Basic) $-0.06 $0.03 $0.19 $0.11 $0.04
EPS (Diluted) $-0.06 $0.03 $0.18 $0.10 $0.04
Shares Outstanding (Basic) — — — — —
Shares Outstanding (Diluted) 33.6M 31.7M 26.5M 31.3M 29.6M
Dividends Per Share — — — — —
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