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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
$1.85B
P/E (TTM)
43.2
39.4
Dividend Yield
--
52W High
$51.78
52W Low
$22.39
52W Range
91%
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)

PLTK stock ticker logoPLTK
$2.76B
+8.1%
BHE stock ticker logoBHE
$2.66B
+0.1%
TASK stock ticker logoTASK
$1.18B
+19.0%

Gross Margin (Latest Quarter)

ATEN stock ticker logoATEN
78.7%
-0.3pp
AMPL stock ticker logoAMPL
74.6%
-1.1pp
PLTK stock ticker logoPLTK
72.5%
+0.6pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
PLAB$1.98B14.211.8%0.0%
BHE$1.90B76.42.2%19.7%
DGII$1.85B43.26.8%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
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LTM
No Data