DGII

MKT CAP:$2B

Digi International Inc.

Market Cap

$2B

Technology·Communication Equipment·🇺🇸 United States·NASDAQ

Technology·Communication·🇺🇸·NASDAQ

Stock Price

$55.49+$12.33 (+28.57%)

Apr 20, 2026

Company Details

Digi International Inc. provides business and mission-critical Internet of Things (IoT) products, services, and solutions in the United States and internationally. The company operates in two segments, IoT Products & Services and IoT Soluti...

CEO

Ronald E. Konezny

IPO Date

Oct 6, 1989

Website

www.digi.com

Key Metrics TTM

Revenue

$449M

+6.4% YoY

Net Income

$42M

EPS (Diluted)

$1.12

Free Cash Flow

$114M

Revenue / Share

$11.74

Gross Margin

63.0%

Operating Margin

13.2%

Net Margin

9.5%

FCF Margin

25.4%

P/S

4.7x

P/E

50.1x

Earnings Reports

Q2 2026

May 6, 2026

PENDING

Q1 2026

Feb 4, 2026

$122M+17.9%EPS $0.31

FY 2025

Nov 21, 2025

$430M+1.5%EPS $1.08

Q4 2025

Nov 21, 2025

$114M+8.8%EPS $0.26

Q3 2025

Aug 6, 2025

$108M+2.2%EPS $0.27

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$95M	$52M	$8M
Q3 22	$104M	$57M	$10M
Q4 22	$106M	$59M	$17M
Q1 23	$109M	$62M	$12M
Q2 23	$111M	$63M	$12M
Q3 23	$112M	$64M	$12M
Q4 23	$112M	$64M	$13M
Q1 24	$106M	$61M	$12M
Q2 24	$108M	$62M	$8M
Q3 24	$105M	$62M	$13M
Q4 24	$105M	$64M	$15M
Q1 25	$104M	$64M	$13M
Q2 25	$105M	$65M	$14M
Q3 25	$108M	$68M	$15M
Q4 25	$114M	$73M	$14M
Q1 26	$122M	$76M	$16M

Valuation

Quarter	P/S	P/E
Q2 22	6.3x	180.5x
Q3 22	5.9x	166.7x
Q4 22	5.5x	109.7x
Q1 23	5.1x	88.7x
Q2 23	4.9x	78.6x
Q3 23	4.8x	71.7x
Q4 23	4.8x	85.8x
Q1 24	4.8x	133.4x
Q2 24	4.9x	151.5x
Q3 24	4.9x	125.0x
Q4 24	5.0x	94.4x
Q1 25	5.0x	59.6x
Q2 25	5.1x	50.4x
Q3 25	5.0x	49.8x
Q4 25	4.9x	52.1x
Q1 26	4.7x	50.1x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 22	$6M	$5M
Q3 22	$19M	$17M
Q4 22	$7M	$9M
Q1 23	$3M	$2M
Q2 23	$7M	$5M
Q3 23	$18M	$17M
Q4 23	$9M	$8M
Q1 24	$19M	$18M
Q2 24	$13M	$13M
Q3 24	$25M	$24M
Q4 24	$26M	$25M
Q1 25	$30M	$29M
Q2 25	$26M	$26M
Q3 25	$24M	$23M
Q4 25	$28M	$30M
Q1 26	$36M	$35M

Capital Expenditures

Quarter	CapEx
Q2 22	$1M
Q3 22	$3M
Q4 22	$2M
Q1 23	$963.0K
Q2 23	$2M
Q3 23	$987.0K
Q4 23	$503.0K
Q1 24	$292.0K
Q2 24	$511.0K
Q3 24	$479.0K
Q4 24	$944.0K
Q1 25	$577.0K
Q2 25	$558.0K
Q3 25	$1M
Q4 25	$2M
Q1 26	$457.0K

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+22.5%	+17.9%
Q3 22	+30.9%	+24.6%
Q4 22	+33.7%	+17.2%
Q1 23	+29.7%	+21.0%
Q2 23	+17.3%	+13.6%
Q3 23	+8.4%	+6.6%
Q4 23	+6.1%	+11.1%
Q1 24	-2.9%	-3.5%
Q2 24	-3.1%	+0.6%
Q3 24	-6.3%	-7.5%
Q4 24	-6.3%	-8.6%
Q1 25	-2.1%	-3.7%
Q2 25	-3.0%	-8.8%
Q3 25	+2.2%	+0.3%
Q4 25	+8.8%	+11.0%
Q1 26	+17.9%	+17.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 22	$2M	2.4%
Q3 22	$0	0.0%
Q4 22	$2M	2.1%
Q1 23	$3M	2.6%
Q2 23	$3M	3.1%
Q3 23	$4M	3.1%
Q4 23	$3M	3.1%
Q1 24	$3M	2.9%
Q2 24	$3M	3.2%
Q3 24	$4M	3.3%
Q4 24	$3M	2.9%
Q1 25	$4M	3.4%
Q2 25	$4M	3.8%
Q3 25	$4M	3.6%
Q4 25	$0	0.0%
Q1 26	$4M	3.3%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q2 22	$14M	$13M	$18M
Q3 22	$14M	$15M	$18M
Q4 22	$14M	$15M	$19M
Q1 23	$14M	$16M	$19M
Q2 23	$15M	$15M	$20M
Q3 23	$15M	$15M	$21M
Q4 23	$14M	$15M	$21M
Q1 24	$15M	$15M	$20M
Q2 24	$15M	$19M	$21M
Q3 24	$15M	$13M	$22M
Q4 24	$15M	$12M	$22M
Q1 25	$15M	$14M	$22M
Q2 25	$15M	$14M	$22M
Q3 25	$16M	$14M	$23M
Q4 25	$17M	$17M	$25M
Q1 26	$17M	$17M	$26M

Revenue Segments

Quarter	Product	Service
Q2 22	$69M	$26M
Q3 22	$78M	$26M
Q4 22	$80M	$26M
Q1 23	$82M	$28M
Q2 23	$84M	$27M
Q3 23	$82M	$31M
Q4 23	$84M	$28M
Q1 24	$77M	$29M
Q2 24	$78M	$29M
Q3 24	$75M	$31M
Q4 24	$74M	$31M
Q1 25	$73M	$31M
Q2 25	$72M	$33M
Q3 25	$74M	$33M
Q4 25	$78M	$37M
Q1 26	$82M	$41M

Revenue by Geography

Quarter	Emea	North America
Q3 25	$12M	$90M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$41M	$0	$41M
Q3 22	$42M	$0	$42M
Q4 22	$35M	$0	$35M
Q1 23	$31M	$0	$31M
Q2 23	$32M	$0	$32M
Q3 23	$30M	$0	$30M
Q4 23	$32M	$0	$32M
Q1 24	$32M	$0	$32M
Q2 24	$24M	$0	$24M
Q3 24	$28M	$0	$28M
Q4 24	$28M	$0	$28M
Q1 25	$26M	$0	$26M
Q2 25	$26M	$0	$26M
Q3 25	$20M	$0	$20M
Q4 25	$22M	$0	$22M
Q1 26	$31M	$0	$31M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	36M	-0.4%	+10.5%
Q3 22	36M	+0.4%	+1.7%
Q4 22	36M	+2.0%	+2.9%
Q1 23	37M	+1.1%	+3.1%
Q2 23	37M	-0.3%	+3.2%
Q3 23	37M	+0.2%	+3.0%
Q4 23	37M	+0.3%	+1.3%
Q1 24	36M	-2.2%	-2.0%
Q2 24	37M	+2.3%	+0.7%
Q3 24	37M	+0.1%	+0.6%
Q4 24	37M	-0.1%	+0.1%
Q1 25	37M	+1.3%	+3.7%
Q2 25	38M	+0.1%	+1.5%
Q3 25	38M	+0.4%	+1.7%
Q4 25	38M	+0.8%	+2.6%
Q1 26	38M	+0.7%	+2.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$143.7K	659
Q3 22	$157.1K	659
Q4 22	$133.8K	790
Q1 23	$138.4K	790
Q2 23	$140.7K	790
Q3 23	$142.1K	790
Q4 23	$136.5K	822
Q1 24	$129.1K	822
Q2 24	$131.0K	822
Q3 24	$128.0K	822
Q4 24	$130.5K	805
Q1 25	$129.0K	805
Q2 25	$129.8K	805
Q3 25	$133.6K	805
Q4 25	$125.2K	913
Q1 26	$134.1K	913

Revenue / Employee