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DGIIDigi International Inc.
$70.16$2.6B
Overview & Verdict
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DGII logoDigi International Inc.(DGII)Earnings, Financials & Key Ratios

DGII•NASDAQ
$70.16
65.0× P/E·Price updated Jul 7, 2026
SectorTechnologyIndustryCommunication EquipmentSub-IndustryWireless Access and Backhaul Equipment
AboutDigi 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 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 provides embedded system products under the Digi Connect, ConnectCore, and Rabbit brands; and infrastructure management products, comprising of serial servers, which offers serial port-to-Ethernet integration of devices into wired Ethernet networks; and universal serial bus solutions. In addition, it offers Digi Remote Manager, a recurring revenue cloud-based service that provides a secure environment for customers to manage their connected device deployment; Digi Wireless Design Services; and SmartSense by Digi for monitoring wirelessly the temperature of food and other perishable or sensitive goods, monitor facilities or pharmacies by tracking the completion of operating tasks by employees, as well as quality control and incident management for food service, healthcare, and transportation/logistics industries. 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. Digi International Inc. was incorporated in 1985 and is headquartered in Hopkins, Minnesota.Show more
  • Revenue$430M+1.5%
  • EBITDA$90M+11.2%
  • Net Income$41M+81.3%
  • EPS (Diluted)1.08+77.0%
  • Gross Margin62.92%+6.8%
  • EBITDA Margin20.98%+9.6%
  • Operating Margin13.08%+15.4%
  • Net Margin9.48%+78.7%
  • ROE6.71%+67.1%

DGII Price & Volume

Digi International Inc. (DGII) stock price & volume — 10-year historical chart

Loading chart...

Revenue Acceleration Drives Strategic IoT Portfolio Expansion

Investment Thesis • Updated 2026Q2

VerdictNeutral
Growth:Accelerating
Profitability:Moderate
Financial:Healthy
Cash Flow:Robust
Primary Risk:Industrial cyclicality and inventory

Key Thesis Takeaways

  • Digi International is successfully pivoting toward a higher-margin, software-centric IoT model, evidenced by a revenue growth inflection to 25.1% in 2026Q2.
  • While the company demonstrates robust cash generation with FCF margins reaching 31.4%, investors should monitor the increasing concentration of goodwill, which now represents 42% of total assets.
  • The firm's aggressive inorganic growth strategy, highlighted by a $49.4 million acquisition outflow in 2026Q2, warrants careful scrutiny regarding long-term integration risks and potential margin compression from industrial cyclicality.

Verdict Logic

while the company exhibits a strong FCF margin of 31.4%, the current P/E of 65.32 and the reliance on goodwill for 42% of total assets suggest that the valuation may already price in significant future growth.

DGII Growth Metrics

Digi International Inc. (DGII) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years7.29%
5 Years9.03%
3 Years3.48%
TTM13.48%

Profit CAGR

10 Years20%
5 Years37.14%
3 Years28.16%
TTM2.59%

EPS CAGR

10 Years15.3%
5 Years30.99%
3 Years25.99%
TTM117.31%

Return on Capital

10 Years4.09%
5 Years5.66%
3 Years6.83%
Last Year7.31%

DGII Recent Earnings

Digi International Inc. (DGII) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 10/12 qtrs (83%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
May 6, 2026
Metric
Actual
Est
EPS
$0.62+6.9%
$0.58
Rev
$131M+4.6%
$125M
Q1 2026
Feb 4, 2026
Metric
Actual
Est
EPS
$0.56+1.8%
$0.55
Rev
$122M+5.9%
$116M
Q4 2025
Nov 12, 2025
Metric
Actual
Est
EPS
$0.56+9.8%
$0.51
Rev
$114M+0.9%
$113M
Q3 2025
Aug 6, 2025
Metric
Actual
Est
EPS
$0.53+3.9%
$0.51
Rev
$108M-3.0%
$111M
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 6, 2026
$0.62vs $0.58+6.9%
$131Mvs $125M+4.6%
Q1 2026Feb 4, 2026
$0.56vs $0.55+1.8%
$122Mvs $116M+5.9%
Q4 2025Nov 12, 2025
$0.56vs $0.51+9.8%
$114Mvs $113M+0.9%
Q3 2025Aug 6, 2025
$0.53vs $0.51+3.9%
$108Mvs $111M-3.0%
Based on last 12 quarters of dataView full earnings history →

Latest DGII News

Recent stock market news and headlines for Digi International Inc. (DGII)

Business Wire·9h ago
Digi International to Release Third Fiscal Quarter 2026 Earnings Results via Video Conference Call on August 5, 2026

MINNEAPOLIS--(BUSINESS WIRE)--Digi International® Inc. (NASDAQ: DGII) will release its financial results for the third fiscal quarter 2026 on Wednesday, August 5, after market close, at approximately 4:00 p.m. ET.Ron Konezny, CEO, and Jamie Loch, CFO, will host a video conference call later the same day, at 5:00 p.m. ET, to discuss the results.To participate on the conference call: Please pre-register here to obtain your dial-in number and passcode. All participants are asked to dial-in 15 minut.

Zacks Investment Research·1 day ago
Digi International (DGII) Upgraded to Strong Buy: What Does It Mean for the Stock?

Digi International (DGII) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Zacks Investment Research·Jun 30, 2026
Is Digi International (DGII) Stock Outpacing Its Computer and Technology Peers This Year?

Here is how Digi International (DGII) and Diebold Nixdorf, Incorporated (DBD) have performed compared to their sector so far this year.

Business Wire·Jun 30, 2026
Digi International Launches DANI, AI Agent Natively Embedded in a Networking Device Management Platform, to Transform Network Operations

MINNEAPOLIS--(BUSINESS WIRE)--Digi International Launches DANI, AI Agent Natively Embedded in a Networking Device Management Platform, to Transform Network Operations.

Business Wire·Jun 17, 2026
Digi XBee Delivers Mission-Critical Wireless Mesh Performance Behind the World's Largest Drone Light Shows

MINNEAPOLIS--(BUSINESS WIRE)--Digi XBee Delivers Mission-Critical Wireless Mesh Performance Behind the World's Largest Drone Light Shows.

Peers Comparison

Key metrics vs top competitors for Digi International Inc. (DGII)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
DGII logoDGIIDigi International Inc.Current
$70.16$2.65B64.961.46%9.48%6.71%—
CALX logoCALXCalix, Inc.
$38.41$2.45B147.7320.26%3.2%4.25%—
SLAB logoSLABSilicon Laboratories Inc.
$217.80$7.18B-110.0034.29%-6.13%-4.66%—
NTGR logoNTGRNETGEAR, Inc.
$21.45$586.52M-18.822.91%-5.77%-7.97%—
LTRX logoLTRXLantronix, Inc.
$5.36$212.75M-18.48-23.33%-5.52%-8.79%—
EGHT logoEGHT8x8, Inc.
$1.97$278.14M197.002.89%0.22%1.2%—

Compare DGII vs Peers

Digi International Inc. (DGII) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs CALX

Most directly comparable listed peer for DGII.

Scale Benchmark

vs AVGO

Larger-name benchmark to compare DGII against a more recognizable public peer.

Peer Set

Compare Top 5

vs CALX, SLAB, NTGR, LTRX

DGII SEC Filings & Documents

Digi International Inc. (DGII) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 6, 2026·SEC

Material company update

Mar 5, 2026·SEC

Material company update

Feb 4, 2026·SEC

10-K Annual Reports

4
FY 2025

Nov 21, 2025·SEC

FY 2024

Nov 22, 2024·SEC

FY 2023

Nov 22, 2023·SEC

10-Q Quarterly Reports

6
FY 2026

May 6, 2026·SEC

FY 2026

Feb 4, 2026·SEC

FY 2025

Aug 6, 2025·SEC

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DGII Frequently Asked Questions

Digi International Inc. (DGII) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Digi International Inc.'s revenue?

Digi International Inc. (DGII) reported $475.1M in revenue for fiscal year 2025. This represents a 143% increase from $195.8M in 1996.

How fast is Digi International Inc. growing?

Digi International Inc. (DGII) grew revenue by 1.5% over the past year. Growth has been modest.

Is DGII profitable?

Yes, Digi International Inc. (DGII) is profitable, generating $43.2M in net income for fiscal year 2025 (9.5% net margin).

Dividend & Returns
What is DGII's return on equity?

Digi International Inc. (DGII) has a return on equity (ROE) of 6.7%. This is below average, suggesting room for improvement.

What is Digi International Inc.'s free cash flow?

Digi International Inc. (DGII) generated $126.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in DGII back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →