Kornit Digital

Kornit Digital develops and manufactures digital printing technologies for the clothing and textile industries. The company's product portfolio includes digital printing systems, inks, consumables, and workflow software solutions for both Direct-to-Garment (DTG) and Roll-to-Roll production. Its proprietary technology enables on-demand textile printing that uses 60 times less water compared to traditional analog methods, significantly reducing waste in the textile industry. The company's printing systems allow for high-quality, customizable prints on various fabrics, including polyester and poly-blends, without the need for extensive setup or pre-production. In June 2024, Kornit reported total revenues of USD 48.6 million, with product revenues of USD 34.4 million and service revenues of USD 14.3 million. The company's gross profit margin stood at 45.8% in Q2 2024. In 2021, Kornit acquired Voxel8, an additive manufacturing specialist, and Tesoma, a textile curing leader, to enhance its technological capabilities. The company also opened a USD 25 million state-of-the-art ink manufacturing facility in Kiryat Gat, Israel, which features streamlined production models and highly-automated processes designed with sustainability in mind.

The company's MAX technology, including the Apollo platform, enables efficient production runs and offers enhanced capabilities such as multidimensional printing and embossing. Kornit's solutions simulate embroidery on fabric and perform vinyl heat transfer in a single process. The technology also allows for working with a broader variety of fabric types and colors, replicating analog prints and patterns quickly with shorter lead times than traditional processes.

Key customers and partnerships

Kornit Digital serves major brands including Adidas, Nike, and H&M. The company has established partnerships with various textile manufacturers, including Gildan, HanesBrands, and Fruit of the Loom to integrate digital printing technologies into their manufacturing processes. Kornit also collaborates with software providers such as Adobe and EFI to enhance its digital printing capabilities and provide comprehensive solutions that include design and production management tools. The company has formed alliances with sustainability-focused brands like Patagonia and Stella McCartney to promote eco-friendly production methods.