Kornit Digital (KRNT) Tax Rate (2014 - 2026)
Kornit Digital (KRNT) recorded quarterly Tax Rate of 3.46% in Q1 2026, down 122.7% quarter-over-quarter from 15.25% in Q4 2025, and up 445.0% on a YoY basis from 0.64% in Q1 2025.
Kornit Digital (KRNT) Tax Rate (2014 - 2026) Analysis & Trends
Kornit Digital's Tax Rate history runs 13 years deep, the most recent figure standing at 3.46% for Q1 2026.
- In Q1 2026, Tax Rate rose 445.0% year-over-year to 3.46%; the TTM figure through Mar 2026 stood at 4.83% (up 2417.0% YoY), while the FY2025 annual figure was 6.84%, down 605.0% from the prior year.
- Tax Rate was 3.46% for Q1 2026 at Kornit Digital, down from 15.25% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 16.03% in Q4 2024 to a low of 203.34% in Q4 2022.
- Historically, Tax Rate has averaged 19.45% across 5 years, with a median of 2.0% in 2024.
- The sharpest annual moves came in 2022 and 2023: Tax Rate sank 58147 bps in 2022, then soared 20093 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 203.34% in 2022, then jumped by 99 bps to 2.41% in 2023, then surged by 766 bps to 16.03% in 2024, then slipped by 5 bps to 15.25% in 2025, then plunged by 123 bps to 3.46% in 2026.
- The last three Tax Rate figures came in at 3.46% (Q1 2026), 15.25% (Q4 2025), and 3.18% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | 6.94% |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 21.68% |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 19.21% |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 27.19% |
| 5 | Emerson Electric | 77.51 Bn | 75.74 Bn | 2.42 Bn | 22.07% |
| 6 | Illinois Tool Works | 72.86 Bn | 72.03 Bn | 1.76 Bn | 20.58% |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 18.99% |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 20.23% |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 20.12% |
| 10 | Kornit Digital | 2,893.70 | -389.46 Mn | 18.39 Mn | -3.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.46% |
| Mar 31, 2026 | -3.46% |
| Dec 31, 2025 | 15.25% |
| Dec 31, 2025 | 15.25% |
| Sep 30, 2025 | -3.18% |
| Sep 30, 2025 | -3.18% |
| Jun 30, 2025 | -1.58% |
| Jun 30, 2025 | -1.58% |
| Mar 31, 2025 | -7.91% |
| Mar 31, 2025 | -7.91% |
| Dec 31, 2024 | 16.03% |
| Dec 31, 2024 | 16.03% |
| Sep 30, 2024 | -125.31% |
| Sep 30, 2024 | -125.31% |
| Jun 30, 2024 | -15.21% |
| Jun 30, 2024 | -15.21% |
| Mar 31, 2024 | -2.00% |
| Mar 31, 2024 | -2.00% |
| Dec 31, 2023 | -2.41% |
| Dec 31, 2023 | -2.41% |