DIGI INTERNATIONAL INC

DIGI INTERNATIONAL INCDGIIEarnings & Financial Report

Nasdaq · Industrials · Computer Communications Equipment

Digi International, Inc. is an American Industrial Internet of Things (IIoT) technology company based in Hopkins, Minnesota. Founded in 1985, they were best known in the early 1990s as a manufacturer of multi-line serial data serial cards for PC clones, allowing these machines to run multi-line bulletin board systems (BBSes). As this market began to wind down with the rise of the internet in the late 1990s, Digi began to concentrate on network attached devices and industrial monitoring.

DGII Q1 FY2026 Key Financial Metrics

Revenue

$122.5M

Gross Profit

$76.4M

Operating Profit

$16.3M

Net Profit

$11.7M

Gross Margin

62.4%

Operating Margin

13.3%

Net Margin

9.6%

YoY Growth

17.9%

EPS

$0.31

DIGI INTERNATIONAL INC Q1 FY2026 Financial Summary

DIGI INTERNATIONAL INC reported revenue of $122.5M (up 17.9% YoY) for Q1 FY2026, with a net profit of $11.7M (up 16.1% YoY) (9.6% margin). Cost of goods sold was $46.1M, operating expenses totaled $60.1M.

Key Financial Metrics

Total Revenue$122.5M
Net Profit$11.7M
Gross Margin62.4%
Operating Margin13.3%
Report PeriodQ1 FY2026

Revenue Breakdown

DIGI INTERNATIONAL INC Q1 FY2026 revenue of $122.5M breaks down across 2 segments, led by Io T Productsand Services at $86.4M (70.5% of total).

SegmentRevenue% of Total
Io T Productsand Services$86.4M70.5%
Io T Solutions$36.1M29.5%

DIGI INTERNATIONAL INC Revenue by Segment — Quarterly Trend

DIGI INTERNATIONAL INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Io T Productsand Services and Io T Solutions) has evolved quarter over quarter.

SegmentQ1 FY2026Q4 FY2025Q3 FY2025Q2 FY2025
Io T Productsand Services$86.4M$80.0M$77.8M
Io T Solutions$36.1M$27.5M$26.7M

DIGI INTERNATIONAL INC Annual Revenue by Year

DIGI INTERNATIONAL INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $430.2M).

YearAnnual Revenue
2025$430.2Mvs 2024
2024$424.0Mvs 2023
2023$444.8Mvs 2022
2022$388.2M

DIGI INTERNATIONAL INC Quarterly Revenue & Net Profit History

DIGI INTERNATIONAL INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q1 FY2026$122.5M+17.9%$11.7M9.6%
Q4 FY2025$114.3M+8.8%$10.0M8.7%
Q3 FY2025$107.5M+2.2%$10.2M9.5%
Q2 FY2025$104.5M-3.0%$10.5M10.0%
Q1 FY2025$103.9M-2.1%$10.1M9.7%
Q4 FY2024$105.1M-6.3%$11.9M11.3%
Q3 FY2024$105.2M-6.3%$9.7M9.2%
Q2 FY2024$107.7M-3.1%$4.0M3.7%

Income Statement

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Revenue$107.7M$105.2M$105.1M$103.9M$104.5M$107.5M$114.3M$122.5M
YoY Growth-3.1%-6.3%-6.3%-2.1%-3.0%2.2%8.8%17.9%

Balance Sheet

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Assets$825.3M$820.4M$815.1M$796.1M$781.0M$770.3M$922.6M$918.4M
Liabilities$275.7M$257.4M$234.0M$205.4M$175.8M$148.8M$286.6M$269.2M
Equity$549.6M$563.1M$581.0M$590.7M$605.2M$621.5M$636.1M$649.2M

Cash Flow

Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026
Operating CF$13.1M$24.9M$26.4M$29.7M$26.3M$24.0M$28.0M$35.6M