Digi International Inc.
NASDAQ•DGII
CEO: Mr. Ronald E. Konezny
Sector: Technology
Industry: Communication Equipment
Listing Date: 1989-10-06
Digi International Inc. provides business and mission-critical Internet of Things (IoT) connectivity products, services, and solutions in the United States, Europe, the Middle East, Africa, and internationally. The company operates in two segments, IoT Products & Services, and IoT Solutions. It offers cellular routers for mission-critical wireless connectivity; cellular modules to embed cellular communications abilities into the products to deploy and manage intelligent and secure cellular connected products; console servers to provide secure and remote access to network equipment in data centers and at edge locations; and radio frequency products, including embedded wireless modules, off-the-shelf gateways, modems, and adapters under the Digi XBee brand. The company also provides embedded system products under the Digi Connect, ConnectCore, and Rabbit brands; and infrastructure management products comprising serial servers, which offers serial port-to-Ethernet integration of devices into wired Ethernet networks; and universal serial bus solutions. In addition, it provides Digi Remote Manager and Lighthouse, a recurring revenue cloud-based service that offers a secure environment for customers to manage their connected device deployment and network devices; SmartSense by Digi for monitoring wirelessly the temperature of food and other perishable or sensitive goods, monitoring facilities or pharmacies by tracking the completion of operating tasks by employees, and quality control and incident management in food service, healthcare, and transportation/logistics industries; and Ventus for MNaaS solutions. Further, the company provides professional services, such as site planning, implementation management, application development, and customer training; data plan subscriptions; and enhanced technical support services, as well as Digi Wireless Design Services. Digi International Inc. was incorporated in 1985 and is headquartered in Hopkins, Minnesota.
Contact Information
Market Cap
$1.85B
P/E (TTM)
43.2
39.4
Dividend Yield
--
52W High
$51.78
52W Low
$22.39
52W Range
Rank33Top 25.7%
4.8
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.8 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q1 2026 Data
Revenue
$122.46M+0.00%
4-Quarter Trend
EPS
$0.31+0.00%
4-Quarter Trend
FCF
$35.17M+0.00%
4-Quarter Trend
2026 Q1 Earnings Highlights
Key Highlights
Revenue and Profit Growth Total revenue reached $122.46M USD, up 17.9%. Net income grew 16.1% to $11.71M USD for the quarter.
Margin Expansion Noted Gross profit margin improved 40 basis points to 62.4%. Operating income increased 22.2% to $16.33M USD.
Strong Recurring Revenue Growth Annualized Recurring Revenue (ARR) hit $157M USD, marking a 31% increase year-over-year, driven by IoT segments.
Cash Flow Generation Improved Net cash provided by operating activities was $35.63M USD, a 19.9% increase versus prior period cash flows.
Risk Factors
Supply Chain Vulnerability Dependence on single-source suppliers and recent inventory build-up creates risk of material disruption to product delivery.
International Operations Risks Geopolitical tensions, evolving trade policies, and compliance risks (FCPA/UKBA) threaten international growth and operations.
Goodwill Impairment Potential Future impairment charges possible if operating results miss forecasts or market capitalization sustains a decline below fair value.
Credit Facility Covenants Must maintain leverage ratios (3.00 max) and interest coverage (3.00 min) under secured Credit Facility agreements.
Outlook
FY2026 Growth Objectives Key objectives include driving growth in ARR, Adjusted Net Income, Adjusted EBITDA, and overall cash flow generation.
Margin Expansion Expected Expect operating margins to expand as recurring subscription revenue becomes a larger portion of total revenue mix.
AI Infrastructure Beneficiary Company expects to benefit from increased global spending on technology infrastructure supporting AI and related innovations.
Acquisition Integration Focus Integrating recent acquisitions, including Jolt and Particle, remains critical for realizing expected synergies and benefits.
Peer Comparison
Revenue (TTM)
$2.76B
$2.66B
$1.18B
Gross Margin (Latest Quarter)
78.7%
74.6%
72.5%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| PLAB | $1.98B | 14.2 | 11.8% | 0.0% |
| BHE | $1.90B | 76.4 | 2.2% | 19.7% |
| DGII | $1.85B | 43.2 | 6.8% | 16.8% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
5.4%
Steady Growth
4Q Net Income CAGR
3.7%
Profitability Slowly Improving
Cash Flow Stability
100%
Strong Cash Flow
Deep Research
Next earnings:May 5, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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