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Side-by-side financial comparison of CSW INDUSTRIALS, INC. (CSW) and DIGI INTERNATIONAL INC (DGII). Click either name above to swap in a different company.

CSW INDUSTRIALS, INC. is the larger business by last-quarter revenue ($233.0M vs $122.5M, roughly 1.9× DIGI INTERNATIONAL INC). DIGI INTERNATIONAL INC runs the higher net margin — 9.6% vs 4.4%, a 5.2% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs 17.9%). DIGI INTERNATIONAL INC produced more free cash flow last quarter ($35.2M vs $22.7M). Over the past eight quarters, DIGI INTERNATIONAL INC's revenue compounded faster (6.6% CAGR vs 5.1%).

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.

CSW vs DGII — Head-to-Head

Bigger by revenue
CSW
CSW
1.9× larger
CSW
$233.0M
$122.5M
DGII
Growing faster (revenue YoY)
CSW
CSW
+2.4% gap
CSW
20.3%
17.9%
DGII
Higher net margin
DGII
DGII
5.2% more per $
DGII
9.6%
4.4%
CSW
More free cash flow
DGII
DGII
$12.4M more FCF
DGII
$35.2M
$22.7M
CSW
Faster 2-yr revenue CAGR
DGII
DGII
Annualised
DGII
6.6%
5.1%
CSW

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
CSW
CSW
DGII
DGII
Revenue
$233.0M
$122.5M
Net Profit
$10.3M
$11.7M
Gross Margin
39.7%
62.4%
Operating Margin
7.4%
13.3%
Net Margin
4.4%
9.6%
Revenue YoY
20.3%
17.9%
Net Profit YoY
-61.9%
16.1%
EPS (diluted)
$0.62
$0.31

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CSW
CSW
DGII
DGII
Q4 25
$233.0M
$122.5M
Q3 25
$277.0M
$114.3M
Q2 25
$263.6M
$107.5M
Q1 25
$230.5M
$104.5M
Q4 24
$193.6M
$103.9M
Q3 24
$227.9M
$105.1M
Q2 24
$226.2M
$105.2M
Q1 24
$210.9M
$107.7M
Net Profit
CSW
CSW
DGII
DGII
Q4 25
$10.3M
$11.7M
Q3 25
$40.7M
$10.0M
Q2 25
$40.9M
$10.2M
Q1 25
$35.1M
$10.5M
Q4 24
$26.9M
$10.1M
Q3 24
$36.1M
$11.9M
Q2 24
$38.6M
$9.7M
Q1 24
$31.8M
$4.0M
Gross Margin
CSW
CSW
DGII
DGII
Q4 25
39.7%
62.4%
Q3 25
43.0%
63.9%
Q2 25
43.8%
63.5%
Q1 25
44.2%
62.1%
Q4 24
41.4%
62.0%
Q3 24
45.6%
61.1%
Q2 24
47.5%
59.2%
Q1 24
44.4%
57.9%
Operating Margin
CSW
CSW
DGII
DGII
Q4 25
7.4%
13.3%
Q3 25
20.5%
12.5%
Q2 25
20.8%
13.9%
Q1 25
19.5%
13.1%
Q4 24
15.3%
12.9%
Q3 24
22.6%
14.2%
Q2 24
24.3%
12.3%
Q1 24
21.0%
7.6%
Net Margin
CSW
CSW
DGII
DGII
Q4 25
4.4%
9.6%
Q3 25
14.7%
8.7%
Q2 25
15.5%
9.5%
Q1 25
15.2%
10.0%
Q4 24
13.9%
9.7%
Q3 24
15.8%
11.3%
Q2 24
17.1%
9.2%
Q1 24
15.1%
3.7%
EPS (diluted)
CSW
CSW
DGII
DGII
Q4 25
$0.62
$0.31
Q3 25
$2.41
$0.26
Q2 25
$2.43
$0.27
Q1 25
$2.05
$0.28
Q4 24
$1.60
$0.27
Q3 24
$2.26
$0.32
Q2 24
$2.47
$0.26
Q1 24
$2.03
$0.11

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CSW
CSW
DGII
DGII
Cash + ST InvestmentsLiquidity on hand
$40.2M
$30.9M
Total DebtLower is stronger
$135.0M
Stockholders' EquityBook value
$1.1B
$649.2M
Total Assets
$2.3B
$918.4M
Debt / EquityLower = less leverage
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CSW
CSW
DGII
DGII
Q4 25
$40.2M
$30.9M
Q3 25
$31.5M
$21.9M
Q2 25
$38.0M
$20.1M
Q1 25
$225.8M
$26.3M
Q4 24
$213.8M
$25.9M
Q3 24
$273.2M
$27.5M
Q2 24
$18.9M
$28.3M
Q1 24
$22.2M
$23.8M
Total Debt
CSW
CSW
DGII
DGII
Q4 25
$135.0M
Q3 25
$159.2M
Q2 25
$40.1M
Q1 25
$800.1M
$70.0M
Q4 24
$95.0M
Q3 24
$123.2M
Q2 24
$151.6M
Q1 24
$166.0M
$171.8M
Stockholders' Equity
CSW
CSW
DGII
DGII
Q4 25
$1.1B
$649.2M
Q3 25
$1.1B
$636.1M
Q2 25
$1.1B
$621.5M
Q1 25
$1.1B
$605.2M
Q4 24
$1.0B
$590.7M
Q3 24
$1.0B
$581.0M
Q2 24
$650.2M
$563.1M
Q1 24
$615.7M
$549.6M
Total Assets
CSW
CSW
DGII
DGII
Q4 25
$2.3B
$918.4M
Q3 25
$1.5B
$922.6M
Q2 25
$1.5B
$770.3M
Q1 25
$1.4B
$781.0M
Q4 24
$1.4B
$796.1M
Q3 24
$1.4B
$815.1M
Q2 24
$1.1B
$820.4M
Q1 24
$1.0B
$825.3M
Debt / Equity
CSW
CSW
DGII
DGII
Q4 25
0.21×
Q3 25
0.25×
Q2 25
0.06×
Q1 25
0.75×
0.12×
Q4 24
0.16×
Q3 24
0.21×
Q2 24
0.27×
Q1 24
0.27×
0.31×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CSW
CSW
DGII
DGII
Operating Cash FlowLast quarter
$28.9M
$35.6M
Free Cash FlowOCF − Capex
$22.7M
$35.2M
FCF MarginFCF / Revenue
9.8%
28.7%
Capex IntensityCapex / Revenue
2.6%
0.4%
Cash ConversionOCF / Net Profit
2.81×
3.04×
TTM Free Cash FlowTrailing 4 quarters
$162.0M
$111.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CSW
CSW
DGII
DGII
Q4 25
$28.9M
$35.6M
Q3 25
$61.8M
$28.0M
Q2 25
$60.6M
$24.0M
Q1 25
$27.3M
$26.3M
Q4 24
$11.6M
$29.7M
Q3 24
$66.8M
$26.4M
Q2 24
$62.7M
$24.9M
Q1 24
$22.4M
$13.1M
Free Cash Flow
CSW
CSW
DGII
DGII
Q4 25
$22.7M
$35.2M
Q3 25
$58.7M
$27.5M
Q2 25
$57.7M
$22.9M
Q1 25
$22.8M
$25.7M
Q4 24
$8.5M
$29.1M
Q3 24
$61.3M
$25.5M
Q2 24
$59.6M
$24.5M
Q1 24
$17.5M
$12.5M
FCF Margin
CSW
CSW
DGII
DGII
Q4 25
9.8%
28.7%
Q3 25
21.2%
24.1%
Q2 25
21.9%
21.3%
Q1 25
9.9%
24.6%
Q4 24
4.4%
28.1%
Q3 24
26.9%
24.3%
Q2 24
26.3%
23.2%
Q1 24
8.3%
11.6%
Capex Intensity
CSW
CSW
DGII
DGII
Q4 25
2.6%
0.4%
Q3 25
1.1%
0.4%
Q2 25
1.1%
0.9%
Q1 25
2.0%
0.5%
Q4 24
1.6%
0.6%
Q3 24
2.4%
0.9%
Q2 24
1.4%
0.5%
Q1 24
2.3%
0.5%
Cash Conversion
CSW
CSW
DGII
DGII
Q4 25
2.81×
3.04×
Q3 25
1.52×
2.81×
Q2 25
1.48×
2.34×
Q1 25
0.78×
2.50×
Q4 24
0.43×
2.95×
Q3 24
1.85×
2.23×
Q2 24
1.62×
2.57×
Q1 24
0.71×
3.27×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CSW
CSW

Contractor Solutions Segment$166.3M71%
Specialized Reliability Solutions Segment$38.2M16%
Engineered Building Solutions Segment$28.5M12%

DGII
DGII

Io T Productsand Services$86.4M71%
Io T Solutions$36.1M29%

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