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Digi International Inc.

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
9350 Excelsior Boulevard, Suite 700, Hopkins, MN, 55343, United States
952-912-3444
www.digi.com
Market Cap
$1.69B
P/E (TTM)
41.4
45.1
Dividend Yield
--
52W High
$48.00
52W Low
$22.39
52W Range
90%
Rank37Top 25.8%
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: 2015-2024

Financial Dashboard

Q4 2025 Data

Revenue

$114.34M+8.84%
4-Quarter Trend

EPS

$0.27-193.10%
4-Quarter Trend

FCF

$30.15M+18.27%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Income Surges 81% Net income reached $40.804M, increasing 81.3% for fiscal 2025; diluted EPS was $1.08, up 77%.
ARR Growth Accelerates 31% Annual Recurring Revenue (ARR) exceeded $152M, growing 31% driven by subscription solutions across both segments.
Gross Margin Expands Significantly Gross profit margin improved 400 basis points to 62.9% due to favorable recurring revenue mix and product sales.
IoT Solutions Revenue Rises IoT Solutions revenue increased 12.8% to $112.338M, boosted by Jolt acquisition and SmartSense/Ventus recurring growth.

Risk Factors

Supplier Dependency Risks High Reliance on third-party contract manufacturers and single-source components creates material supply chain disruption risks globally.
Customer Concentration Exposure One distributor accounted for 13% of consolidated revenue in fiscal 2025, posing concentration risk if relationship changes.
Macro Uncertainty Impacts Results Global macro conditions, tariffs, and geopolitical uncertainty may cause fiscal 2026 results to be inconsistent quarter-to-quarter.
Cybersecurity and Litigation Threats Subject to frequent litigation regarding IP rights; security vulnerabilities in products and cloud platforms pose reputation risk.

Outlook

Focus on Recurring Revenue Key objective remains transitioning to software/service offerings to drive predictable, higher-margin Annual Recurring Revenue growth.
Strategic Acquisition Focus Future acquisition efforts prioritize opportunities of scale with potential to enhance subscription-based recurring revenue streams for growth.
Discontinuing Older Products Intention announced to discontinue production and sale of certain older products in IoT Products & Services segment.
Benefiting from AI Spending Expect to benefit from ongoing significant spending trends in technology infrastructure supporting artificial intelligence deployment.

Peer Comparison

Revenue (TTM)

Playtika Holding Corp.PLTK
$2.73B
+7.5%
Benchmark Electronics, Inc.BHE
$2.61B
-2.9%
TaskUs, Inc.TASK
$1.14B
+19.9%

Gross Margin (Latest Quarter)

TaskUs, Inc.TASK
129.8%
+90.0pp
A10 Networks, Inc.ATEN
80.1%
-0.3pp
Amplitude, Inc.AMPL
73.9%
-1.1pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
PLAB$2.18B15.311.0%0.0%
BHE$1.71B45.93.4%15.4%
DGII$1.69B41.46.7%17.3%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
3.3%
Moderate Growth
4Q Net Income CAGR
-0.3%
Stable Profitability
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Feb 4, 2026
|
EPS:$0.52
|
Revenue:$115.83M
Reports
All Years
  • Form 10-K - FY 2025

    Period End: Sep 30, 2025|Filed: Nov 21, 2025|
    Revenue: $430.22M+1.5%
    |
    EPS: $1.10+77.4%
    Beat
  • Form 10-Q - Q3 2025

    Period End: Jun 30, 2025|Filed: Aug 6, 2025|
    Revenue: $107.51M+2.2%
    |
    EPS: $0.28+3.7%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Mar 31, 2025|Filed: May 7, 2025|
    Revenue: $104.50M-3.0%
    |
    EPS: $0.28+154.5%
    Miss
  • Form 10-Q - Q1 2025

    Period End: Dec 31, 2024|Filed: Feb 5, 2025|
    Revenue: $103.87M-2.1%
    |
    EPS: $0.27-419.5%
    Miss
  • Form 10-K - FY 2024

    Period End: Sep 30, 2024|Filed: Nov 22, 2024|
    Revenue: $424.05M-4.7%
    |
    EPS: $0.62-10.1%
    Beat
  • Form 10-Q - Q3 2024

    Period End: Jun 30, 2024|Filed: Aug 7, 2024|
    Revenue: $105.20M-6.3%
    |
    EPS: $0.27+42.1%
    Miss
  • Form 10-Q - Q2 2024

    Period End: Mar 31, 2024|Filed: May 3, 2024|
    Revenue: $107.70M-3.1%
    |
    EPS: $0.11-31.3%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Dec 31, 2023|Filed: Feb 2, 2024|
    Revenue: $106.09M-2.9%
    |
    EPS: $-0.08-152.8%
    Miss