Kornit Digital (Kornit Digital) Gross Margin % : 25.75% (As of Dec. 2023)

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What is Kornit Digital Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Kornit Digital's Gross Profit for the three months ended in Dec. 2023 was $14.6 Mil. Kornit Digital's Revenue for the three months ended in Dec. 2023 was $56.6 Mil. Therefore, Kornit Digital's Gross Margin % for the quarter that ended in Dec. 2023 was 25.75%.

Warning Sign:

Kornit Digital Ltd gross margin has been in long-term decline. The average rate of decline per year is -8.5%.

The historical rank and industry rank for Kornit Digital's Gross Margin % or its related term are showing as below:

KRNT' s Gross Margin % Range Over the Past 10 Years
Min: 30.46 Med: 45.55 Max: 49.07
Current: 30.47

During the past 12 years, the highest Gross Margin % of Kornit Digital was 49.07%. The lowest was 30.46%. And the median was 45.55%.

KRNT's Gross Margin % is ranked better than
60.98% of 2937 companies
in the Industrial Products industry
Industry Median: 26.39 vs KRNT: 30.47

Kornit Digital had a gross margin of 25.75% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Kornit Digital was -8.50% per year.

Kornit Digital Gross Margin % Historical Data

The historical data trend for Kornit Digital's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Kornit Digital Gross Margin % Chart

Kornit Digital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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45.63

45.41

47.18

35.54

30.46

Kornit Digital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial															33.73	27.36	33.26	34.82	25.75

Competitive Comparison of Kornit Digital's Gross Margin %

For the Specialty Industrial Machinery subindustry, Kornit Digital's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Kornit Digital's Gross Margin % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kornit Digital's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Kornit Digital's Gross Margin % falls into.

Kornit Digital Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Kornit Digital's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	67	/	219.786
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(219.786 - 152.829)	/	219.786
	=	30.46 %

Kornit Digital's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	14.6	/	56.585
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(56.585 - 42.013)	/	56.585
	=	25.75 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Kornit Digital (NAS:KRNT) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Kornit Digital had a gross margin of 25.75% for the quarter that ended in Dec. 2023 => Competition eroding margins

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

Kornit Digital Gross Margin % Related Terms

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Kornit Digital (Kornit Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Kornit Digital Ltd (NAS:KRNT) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

KRNT:Mexico 0KD:Germany

Address

12 Ha'Amal Street, Afek Park, Rosh-Ha'Ayin, ISR, 4809246

Website

https://www.kornit.com

Kornit Digital Ltd develops, designs and markets digital printing solutions for the global printed textile industry. The company focuses on its DTG and DTF segments of the printed textile industry. Its solutions include digital printing systems, ink and other consumables, associated software and value-added services that allow for large-scale printing of short runs of complex images and designs directly on finished garments and fabrics. It has developed and offers a broad portfolio of differentiated digital printing solutions for the DTG market that provide answers to challenges faced by participants in the global printed textile industry. It generates revenue from sales of systems, ink and other consumables and service including software subscriptions.