DIGI INTERNATIONAL (DGII) Company Report

Analyst Earnings Quarterly Reports

Earnings summaries and quarterly performance for DIGI INTERNATIONAL.

Analyst Coverage

Research analysts who have asked questions during DIGI INTERNATIONAL earnings calls.

Josh Nichols

B. Riley Financial

4 questions for DGII

Also covers: CTLP, DDI, EGHT +11 more

Scott Searle

ROTH MKM

4 questions for DGII

Also covers: ADEA, AIOT, AIRG +22 more

James Fish

Piper Sandler Companies

3 questions for DGII

Also covers: AKAM, ANET, BAND +15 more

Thomas Moll

Stephens Inc.

3 questions for DGII

Also covers: CARR, CGNX, DSGR +13 more

Anthony Stoss

Craig-Hallum Capital Group LLC

2 questions for DGII

Also covers: ACTG, AIOT, AIRG +7 more

Caden Dahl

Piper Sandler & Co.

2 questions for DGII

Also covers: PSTG, SOUN

Tommy Moll

Stephens Inc.

2 questions for DGII

Also covers: CARR, CGNX, DSGR +12 more

Matthew Maus

Nichols

1 question for DGII

Also covers: CXDO, GAUZ, HDSN +2 more

Quinton Gabrielli

Piper Sandler

1 question for DGII

Also covers: FIVN, MANH, PSTG +1 more

Tommy Mall

Stephens

1 question for DGII

Latest news

Recent press releases and 8-K filings for DGII.

Digi International Reports Strong Q1 2026 Results and Announces Particle Acquisition

DGII

Earnings

M&A

Guidance Update

Digi International (DGII) reported strong Q1 2026 results, with quarterly revenues of $122 million, an 18% year-over-year increase, and Annualized Recurring Revenue (ARR) reaching $157 million, up 31% year-over-year.
The company achieved a new quarterly record adjusted EBITDA margin of 25.8%, with quarterly adjusted EBITDA of $32 million, representing a 23% year-over-year increase.
DGII announced the acquisition of Particle on January 27th, which is projected to add $20 million in ARR and contribute $13 million-$14 million in revenue and $1 million-$2 million in adjusted EBITDA to fiscal 2026 guidance.
For fiscal 2026, the company anticipates 23% ARR growth, 14%-18% revenue growth, and 17%-21% adjusted EBITDA growth.
Acquisitions remain a top capital deployment priority, with a goal to achieve $200 million of ARR and $200 million of adjusted EBITDA by the end of fiscal 2028.

3 days ago

Transcript

Digi International announces strong Q1 2026 results and FY26 guidance

DGII

Earnings

Guidance Update

M&A

Digi International reported strong Q1 2026 results, with revenue increasing 18% to $122 million and Annualized Recurring Revenue (ARR) growing 31% to $157 million. Adjusted EBITDA also saw a 23% increase to $32 million.
The company provided FY26 guidance, forecasting revenue growth of 14% to 18%, ARR growth of 23%, and Adjusted EBITDA growth of 17% to 21%.
Digi's top priority is growing ARR, which now represents 35% of total revenue. The recent acquisition of Particle for $50 million in cash on January 27, 2026, added $20 million in ARR and is expected to contribute $5 million in incremental A-EBITDA in fiscal 2027.
Following the Particle acquisition, total ARR now exceeds $177 million, accelerating the path towards the company's goal of $200 million in ARR and $200 million in A-EBITDA by FY28.

3 days ago

Presentation

Digi International Inc. Reports Strong Q1 2026 Results and Announces Particle Acquisition

DGII

Earnings

Guidance Update

M&A

Digi International Inc. (DGII) reported record Q1 2026 financial results, including $122 million in quarterly revenues (up 18% year-over-year), $157 million in annualized recurring revenue (ARR) (up 31% year-over-year), and $32 million in quarterly adjusted EBITDA (up 23% year-over-year).
The company announced the acquisition of Particle, an IoT solution provider, on January 27th, which is expected to add $20 million in ARR to the IoT product and services segment and strengthen its edge-to-cloud capabilities.
For fiscal year 2026, updated guidance includes anticipated ARR growth of 23%, revenue growth of 14%-18%, and adjusted EBITDA growth of 17%-21%. Particle is projected to contribute $13 million-$14 million in revenue and $1 million-$2 million in adjusted EBITDA to this guidance.
For Q2 2026, revenues are estimated to be between $124 million-$128 million, with adjusted EBITDA between $31.5 million and $33.0 million. Digi International also reiterated its long-term goal of achieving $200 million in ARR and adjusted EBITDA by the end of fiscal 2028.

3 days ago

Transcript

Digi International Reports Strong Q1 2026 Results, Acquires Particle, and Provides Updated Guidance

DGII

Earnings

M&A

Guidance Update

Digi International reported a strong start to fiscal 2026 with $122 million in quarterly revenues, an 18% year-over-year increase, and $157 million in annualized recurring revenue (ARR), up 31% year-over-year.
The company achieved $32 million in quarterly adjusted EBITDA, a 23% year-over-year increase, and a record 25.8% adjusted EBITDA margin, alongside $36 million in quarterly cash generation.
Digi International announced the acquisition of Particle on January 27th, which is expected to contribute $20 million-$22 million in ARR and $13 million-$14 million in revenue to the fiscal 2026 guidance.
For fiscal 2026, the company anticipates 23% ARR growth, 14%-18% revenue growth, and 17%-21% adjusted EBITDA growth. Q2 2026 guidance projects revenues between $124 million-$128 million and adjusted EBITDA between $31.5 million-$33.0 million.
The demand environment is improving, with strength noted in mass transit, utility, retail digital signage, and data center segments, partly driven by the AI infrastructure buildout.

3 days ago

Transcript

Digi International Reports Record Q1 2026 Revenue and Provides Guidance

DGII

Earnings

Guidance Update

M&A

Digi International reported record quarterly revenue of $122 million for the first fiscal quarter ended December 31, 2025, marking an 18% increase compared to the same period in the prior fiscal year.
Annualized Recurring Revenue (ARR) increased by 31% to $157 million at quarter end, with the recent acquisition of Particle expected to add approximately $20 million of ARR to the IoT Products & Services segment.
The company generated $36 million in cash flow from operations during the first fiscal quarter of 2026 and reduced its outstanding debt to $135 million, resulting in net debt of $104 million.
For the second fiscal quarter of 2026, Digi International estimates revenues to be between $124 million and $128 million, with Adjusted EBITDA projected between $31.5 million and $33.0 million.
Effective in the first fiscal quarter 2026, the company updated its calculation of adjusted net income and adjusted net income per share to include interest expense.

3 days ago

8-K

Digi International Reports First Fiscal Quarter 2026 Results

DGII

Earnings

Guidance Update

M&A

Digi International reported record quarterly revenue of $122 million, an 18% increase compared to the first fiscal quarter of 2025, with Annualized Recurring Revenue (ARR) reaching $157 million, up 31% for the quarter ended December 31, 2025.
For the first fiscal quarter of 2026, the company achieved Adjusted EBITDA of $32 million, a 23% increase, and Adjusted net income per diluted share of $0.56, up 24%.
Cash flow from operations was $36 million for the quarter, and the company reduced its outstanding debt by $24 million, resulting in a net debt of $104 million.
For the second fiscal quarter of 2026, Digi International estimates revenues between $124 million and $128 million and Adjusted EBITDA between $31.5 million and $33.0 million.
The acquisition of Particle, announced in January 2026, is expected to add approximately $20 million of ARR to the IoT Products & Services segment.

3 days ago

Press Release

Digi International acquires Particle Industries

DGII

M&A

New Projects/Investments

Guidance Update

Digi International (DGII) has acquired Particle Industries, Inc. for $50 million in cash to accelerate Annual Recurring Revenue (ARR) growth and strengthen its Embedded-as-a-Service offering.
Particle currently generates approximately $20 million in ARR, growing double-digits annually. This acquisition is expected to increase ARR for Digi’s IoT Product and Solutions segment by over 60% from its $32 million as of September 30, 2025.
Digi International plans to provide updated full-year fiscal 2026 guidance, including the acquisition's impact, on February 4, 2026.

Jan 27, 2026, 9:05 PM

Press Release

Digi International Inc. enters First Amendment to Revolving Credit Agreement

DGII

Debt Issuance

Digi International Inc. entered into a First Amendment to Revolving Credit Agreement on December 23, 2025.
The agreement is with BMO Bank, N.A. as the administrative and collateral agent, along with other lenders.
The proceeds from the Revolving Loans are designated for purposes including refinancing existing obligations, financing permitted acquisitions, covering related fees and expenses, and for general corporate purposes.

Dec 30, 2025, 9:26 PM

8-K

Digi International Reports Record Q4 2025 Revenue and ARR, Provides FY 2026 Double-Digit Growth Outlook

DGII

Earnings

Guidance Update

M&A

Digi International reported record Q4 2025 revenue of $114 million, an increase of 9% year-over-year, and record Annual Recurring Revenue (ARR) of $152 million, marking a 31% year-over-year increase which includes the August 2025 acquisition of Jolt Software.
For fiscal year 2025, the company generated $430 million in revenue (up 1% year-over-year), $108 million in adjusted EBITDA (up 11% year-over-year), and $105 million in free cash flow.
The company expects double-digit growth for ARR, revenue, and adjusted EBITDA in fiscal year 2026.
Digi reiterated its long-term goal to reach $200 million of ARR and $200 million in adjusted EBITDA by the end of fiscal 2028, with strategic acquisitions potentially accelerating this timeline.
Acquisitions remain a top capital deployment priority, with Jolt Software contributing over $20 million in annualized recurring revenue at the time of acquisition and expected to reach an $11 million run rate EBITDA by the end of calendar 2026.

Nov 12, 2025, 10:00 PM

Transcript

Digi International Reports Record Q4 and Full Fiscal Year 2025 Results, Provides 2026 Guidance

DGII

Earnings

Guidance Update

M&A

Digi International reported record quarterly revenue of $114 million for Q4 fiscal 2025, an increase of 9% compared to the prior year, contributing to full-year fiscal 2025 revenue of $430 million, up 1%.
For fiscal year 2025, net income increased by 81% to $41 million, with diluted net income per share rising 77% to $1.08.
The company's Annualized Recurring Revenue (ARR) reached a record $152 million at the end of Q4 fiscal 2025, marking a 31% increase from the prior fiscal year.
In the fourth fiscal quarter, Digi International completed the acquisition of Jolt Software Inc. for $145.7 million, with Jolt's results included in fiscal 2025.
For Q1 fiscal 2026, the company estimates revenues between $114 million and $118 million, and projects full-year fiscal 2026 revenue growth of 10-15%.