Kornit Digital
KRNT on Nasdaq. Printing trades machinery & equipment. Market value $751m.
This company reports once a year (it is based outside the US), so every figure comes from its annual report for the year to December 2025.
We can't read total debt from the filing, so debt is left out.
Should I look at this?
Not a fit for our list right now
Why it could be worth it
Nothing stands out yet.
See Industrials stocks that passed both tests
This is not advice. Check the numbers below.
For every $100 of what the whole company costs, it produced $0.40 of spare cash last year. A savings account pays about $4.
The filings do not give us enough to work this out.
The filings do not give us enough to work this out.
Quality score: 37 of 100. Price score: 2 of 100. Our list needs 70 on quality and 60 on price.
$18.15 a share, 52% above its 1-year low
Over the past year the price has ranged from $11.93 to $19.78.
Pays no dividend
Prices from Tuesday’s close (6 October).
Five years of cash, in billions
| Revenue | |||||
| Revenue | $322m | $272m | $220m | $204m | $208m |
| Operating margin | |||||
| Operating margin | 4.0% | -25.7% | -39.8% | -18.3% | -16.6% |
| Debt to equity | |||||
| Debt to equity | n/a | n/a | n/a | n/a | n/a |
| Shares outstanding | |||||
| Shares outstanding | 0.05bn | 0.05bn | 0.05bn | 0.05bn | 0.05bn |
Health checks
- Free cash flow positive3 of 5 years
- Accounting looks honest (Beneish)Not enough data
- Financial strength (Piotroski)4 of 8 checks we could run
- Profit backed by cash (accruals)Yes
- DebtUnknown
- Revenue growth, five yearsSlow, 1.5% a year
- Buying back its own sharesYes, 7% fewer since 2021
Dates
- Next results (estimated)
- n/a
- Last annual report (10-K)
- 26 March 2026
- Next quarterly (estimated, 10-Q)
- n/a
Who owns it
None of the long-term investors we follow own it. 119 funds in all.
Largest holders overall
- Senvest Management$69mAdded
- Morgan Stanley$64m
- Disciplined Growth Investors$49m
- Artisan Partners Limited Partnership$49mAdded
- Chicago Capital$35mCut
- Granahan Investment Management$34mCut
- BlackRock$25mAdded
- Stephens Investment Management Group$25mAdded
- Baillie Gifford$21mCut
- Dudley & Shanley$20m
From 13F filings for the quarter ended 30 June 2026.
Big holders and activists
4 investors own more than 5%.
- Morgan StanleyPassive investorat least 8.6%+2.4 pts(filed with 1 related holder)Since 31 December 2025
- DISCIPLINED GROWTH INVESTORS INC /MNPassive investor7.1%+0.6 ptsSince 30 June 2026
- Artisan Partners Limited PartnershipPassive investorat least 5.8%+1.4 pts(filed with 3 related holders)Since 31 December 2025
- Granahan Investment Management LLCPassive investor5.7%Since 31 December 2025
- Chicago Capital, LLCPassive investorSold down below 5%Since 17 April 2026
- BlackRock, Inc.Passive investorSold down below 5%Since 31 March 2026
| Holder | Stake | Since | |
|---|---|---|---|
Morgan Stanley Passive investor | at least 8.6%+2.4 pts (filed with 1 related holder) | 31 December 2025 | |
DISCIPLINED GROWTH INVESTORS INC /MN Passive investor | 7.1%+0.6 pts | 30 June 2026 | |
Artisan Partners Limited Partnership Passive investor | at least 5.8%+1.4 pts (filed with 3 related holders) | 31 December 2025 | |
Granahan Investment Management LLC Passive investor | 5.7% | 31 December 2025 | |
Chicago Capital, LLC Passive investor | Sold down below 5% | 17 April 2026 | |
BlackRock, Inc. Passive investor | Sold down below 5% | 31 March 2026 |
From Schedule 13D and 13G filings: anyone owning more than 5% must file one.
What insiders did
No insider bought shares on the open market in the last 12 months. 2 sold $2m, $2m of it under preset trading plans.
- Mann YaaqovChief Technology OfficerSoldunder a preset trading plan
- Date
- 5 October 2026
- Shares
- 39,958
- Price
- $17.66
- Value
- $705,658
- Mann YaaqovChief Technology OfficerSoldunder a preset trading plan
- Date
- 2 October 2026
- Shares
- 57,108
- Price
- $17.27
- Value
- $986,255
- Gazit DanielChief Product OfficerSold
- Date
- 12 August 2026
- Shares
- 1,600
- Price
- $19.00
- Value
- $30,400
- Gazit DanielChief Product OfficerSoldunder a preset trading plan
- Date
- 22 June 2026
- Shares
- 274
- Price
- $16.70
- Value
- $4,576
- Gazit DanielChief Product OfficerSoldunder a preset trading plan
- Date
- 9 June 2026
- Shares
- 636
- Price
- $15.72
- Value
- $9,998
- Gazit DanielChief Product OfficerSoldunder a preset trading plan
- Date
- 13 May 2026
- Shares
- 9,910
- Price
- $19.20
- Value
- $190,272
| Date | Who | Did | Shares | Price | Value |
|---|---|---|---|---|---|
| 5 October 2026 | Mann Yaaqov Chief Technology Officer | Sold under a preset trading plan | 39,958 | $17.66 | $705,658 |
| 2 October 2026 | Mann Yaaqov Chief Technology Officer | Sold under a preset trading plan | 57,108 | $17.27 | $986,255 |
| 12 August 2026 | Gazit Daniel Chief Product Officer | Sold | 1,600 | $19.00 | $30,400 |
| 22 June 2026 | Gazit Daniel Chief Product Officer | Sold under a preset trading plan | 274 | $16.70 | $4,576 |
| 9 June 2026 | Gazit Daniel Chief Product Officer | Sold under a preset trading plan | 636 | $15.72 | $9,998 |
| 13 May 2026 | Gazit Daniel Chief Product Officer | Sold under a preset trading plan | 9,910 | $19.20 | $190,272 |
From Form 4 filings: insiders must report trades in their own company's shares within two days.
Warning signs in its filings
Problems the company itself reported to the SEC, in its own words.
Kornit Digital doesn’t file a US annual report (10-K), so we haven’t checked it.
A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.
What could go wrong
- Sales have barely grown: 1.5% a year.
Whether the price already reflects the risks is what the deep dive is for.
The deep dive
Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.
- What the business is worth, as a range, and the margin of safety at today’s price
- Prices to start buying, buy, and buy hard
- The three things that would make this a mistake
- Every number footnoted to the filing it came from
Your first deep dive is free.
Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.