Digi International delivered a strong first fiscal quarter for 2026, with revenue reaching a record $122 million, an 18% increase year-over-year. The company also reported a significant increase in Adjusted EBITDA to $31.56 million and a 27% rise in Adjusted Net Income to $21 million. Diluted EPS stood at $0.31, with Adjusted EPS at $0.56, reflecting solid operational performance and the positive impact of recent acquisitions.

Digi International posted record Q4 revenue of $114 million and strong growth in ARR, reaching $152 million. Adjusted EPS rose to $0.56 while net income declined to $10 million. The IoT Solutions segment led growth, driven by the Jolt acquisition and strong SmartSense performance.

Digi International delivered a solid third fiscal quarter, achieving a 2% increase in revenue to $108 million and a 6% rise in net income to $10 million. The company demonstrated strong profitability improvements with a gross profit margin of 63.5% and an 11% increase in Adjusted EBITDA to $28 million. Annualized Recurring Revenue (ARR) grew by 12% to $126 million, highlighting the success of its recurring revenue strategies. The company also significantly reduced its debt by $30 million, ending the quarter with $20.1 million in cash and cash equivalents.

Digi International reported its second fiscal quarter 2025 results, showing a decrease in revenue but significant increases in net income and adjusted EBITDA, driven by improved gross profit margins and strong cash generation. The company also saw a notable increase in Annualized Recurring Revenue (ARR) and reduced its outstanding debt.

Digi International reported a strong start to fiscal year 2025, with revenue of $104 million, a slight decrease of 2% year-over-year, but a significant increase in gross profit margin to 62.0%. The company achieved a net income of $10 million, a substantial improvement from a net loss in the prior year, and saw its Annualized Recurring Revenue (ARR) grow by 11% to $120 million.

Digi International reported Q4 2024 results with a revenue of $105 million, a 6% decrease year-over-year. Net income increased to $12 million from $6 million, and the gross profit margin rose by 400 basis points to 61.1%. The company achieved a record ARR of $116 million.

Digi International reported a decrease in revenue of 6% to $105 million, but net income increased to $10 million. The company's ARR reached a record $113 million, driven by strong performance in IoT solutions and services. The company expects revenue to be down approximately 5% year over year.

Digi International reported a slight decrease in revenue but maintained a strong ARR growth. The company's operating cash flow increased significantly due to inventory management and improved debt structure. While pleased with our first half results, we find our customers are more cautious on second half demand than we previously expected.

Digi International reported a slight decrease in revenue for Q1 2024, but achieved a record end-of-quarter ARR. The company is focused on deleveraging, managing inventory, and strategic acquisitions to achieve long-term growth targets.

Digi International reported a 6% increase in revenue, reaching $112 million for the fourth fiscal quarter of 2023. The company's adjusted net income per diluted share increased by 16% to $0.52, and adjusted EBITDA rose by 14% to $25 million. Annualized Recurring Revenue (ARR) reached $106 million at the end of the quarter, marking a 12% increase.

Digi International reported record quarterly revenue of $112 million, representing an 8% increase year-over-year. The company's ARR reached $104 million, a 13% increase. EPS was $0.18, and adjusted EPS was $0.50.

Digi International reported a record quarterly revenue of $111 million, a 17% increase year-over-year, and an end-of-quarter ARR of $99 million, a 10% increase year-over-year. The company's EPS was $0.16, and adjusted EPS was $0.50.

Digi International reported a strong start to fiscal year 2023, with record quarterly revenue of $109 million, driven by robust demand and a gradually easing supply chain. The company's adjusted EPS was $0.48, and ARR reached $96 million at the end of the quarter.

Digi International reported a strong fourth quarter and full fiscal year 2022, with record annual revenue of $388 million and end-of-quarter ARR of over $94 million. The company's Q4 revenue was $106 million, a 34% increase year-over-year, with adjusted EPS of $0.45, an 80% increase year-over-year.

Digi International reported strong Q3 2022 results, with record quarterly revenues of $104 million, a 31% increase year-over-year, and a record end-of-quarter ARR of $92 million, a 157% increase year-over-year. Adjusted EPS increased to $0.45 per diluted share, an increase of 80%.

Digi International reported a strong second quarter with record revenues of $95 million, a 23% increase year-over-year, and record ARR of $90 million, a 165% increase year-over-year. The company's Adjusted EPS increased to $0.41, a 52% increase, and Adjusted EBITDA increased to $19.5 million, a 67% increase.

Digi International reported record revenue of $84.3 million for the first fiscal quarter of 2022, a 15% increase year-over-year. Adjusted EPS increased to $0.36 per diluted share, and Adjusted EBITDA increased to $17.0 million. The acquisition of Ventus contributed to the strong performance, with annualized recurring revenue (ARR) increasing to over $88 million.

Digi International reported revenue growth of over 10% despite supply chain challenges, with Annualized Recurring Revenues growth of 30%. The acquisition of Ventus is expected to accelerate the company's transformation to software, services, and subscription offerings.

Digi International reported record quarterly revenues of $79.1 million and record annual recurring revenues of $36.0 million. Demand for Digi’s solutions was at an all-time high, with bookings surpassing the ability to fulfill all orders due to supply chain challenges.

Digi International reported record revenues of $77.3 million for the second fiscal quarter of 2021, representing a 5.2% increase compared to the same period last year. The company also executed strategic actions including a debt restructure, stock offering, and the acquisition of Haxiot, Inc.

Digi International reported a strong start to fiscal year 2021, with record first quarter revenue of $73.1 million and significant growth in adjusted EPS and EBITDA. The company added over 5,000 subscribers to its IoT Solutions and paid down $15 million in debt, resulting in a net cash positive position.

Digi International reported a revenue increase of 12.6% to $73.2 million and a net income increase of 93.9% to $4.4 million for the fourth fiscal quarter of 2020. Adjusted EPS increased to $0.32 per diluted share compared to $0.18 per diluted share and Adjusted EBITDA increased to $12.1 million compared to $7.6 million.

Digi International reported record fiscal third quarter results, with revenue increasing to $70.3 million and adjusted EPS growing 44% to $0.23. The company's business model demonstrated its resiliency during a period of global economic contraction, driven by the relevance of its secure, automated, remote work solutions.

Digi International reported a revenue increase to $73.4 million, compared to $65.8 million in Q2 2019. Net income also increased to $2.0 million, up from $1.3 million in the same quarter of the previous year. Adjusted EPS increased to $0.28, compared to $0.17 for the second fiscal quarter of 2019. The company withdrew its full year guidance due to COVID-19 impact.

Digi International reported flat revenue of $62.3 million compared to the fiscal first quarter of 2019. Net income decreased to $0.2 million, and adjusted EPS was $0.15, flat compared to the prior year. The acquisition of Opengear, Inc. contributed to revenue growth in the IoT Product & Services segment.