Digi International
Connects and manages industrial devices, networks, and distributed operations from edge to cloud.
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Profile
Sells embedded modules, routers, infrastructure-management hardware, and attached software to OEM, enterprise, and government customers, while SmartSense, Jolt, Ventus, and Particle add subscription monitoring, workflow, managed-network, and edge-to-cloud services. Products & Services remains the larger segment, with distribution and manufacturing largely handled by third parties.
Builds embedded and stand-alone connectivity for OEM, enterprise, and government customers through its IoT Products & Services segment. Digi XBee wireless modules, Digi Connect and ConnectCore embedded systems, cellular routers, Opengear console servers, serial and USB networking, and Digi Remote Manager span device design, deployment, and remote operation. Particle adds subscription-based edge-to-cloud infrastructure for intelligent products.
Sells hardware and attached services globally through direct teams and a broad distributor network, while IoT Solutions supplies recurring, hardware-enabled software. SmartSense and Jolt combine condition monitoring with task, workforce, labeling, and compliance tools; Ventus manages cellular and fixed-line WAN connectivity for distributed locations. Pairing devices with management platforms and support extends the model beyond one-time equipment sales. Most Products & Services sales depend on third-party channels, manufacturing is largely outsourced, and several components are limited-source.
Company facts
Categories
Key statistics
Year to date +75.5% · Average volume (30d) 345.6K
Analysts
Ratings
Target range
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Aug 6, 2026 | Roth Capital | Reiterate | Buy | $70 | $90 |
| Aug 6, 2026 | Piper Sandler | Reiterate | Neutral | $63 | $76 |
| May 12, 2026 | Stephens | Target | $65 | $75 | |
| May 7, 2026 | Craig-Hallum | Target | $50 | $75 | |
| May 7, 2026 | Roth Capital | Target | $70 |
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 5, 2026Q3 FY26 | $0.66 | $0.75 | +14.3% | $132.6M | $138.7M | +4.6% | +14.10% |
| May 6, 2026Q2 FY26 | $0.58 | $0.62 | +6.9% | $125.0M | $130.7M | +4.6% | +5.40% |
| Feb 4, 2026Q1 FY26 | $0.55 | $0.56 | +1.8% | $115.6M | $122.5M | +5.9% | −3.93% |
| Nov 12, 2025Q4 FY25 | $0.51 | $0.56 | +9.8% | $113.4M | $114.3M | +0.9% | +7.12% |
Financial highlights
| 12 quarters | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $104.5M | $107.5M | $114.3M | $122.5M | $130.7M | $138.7M | |
| Gross profit | $64.9M | $68.3M | $73.1M | $76.4M | $83.7M | $89.9M | |
| Operating income | $13.7M | $14.9M | $14.3M | $16.3M | $17.1M | $22.9M | |
| Net income | $10.5M | $10.2M | $10.0M | $11.7M | $11.3M | $15.7M | |
| Diluted EPS | $0.28 | $0.27 | $0.26 | $0.31 | $0.29 | $0.40 | |
| Gross margin | 62.1% | 63.5% | 63.9% | 62.4% | 64.0% | 64.8% | |
| Operating margin | 13.1% | 13.9% | 12.5% | 13.3% | 13.1% | 16.5% |
Fiscal years (4-quarter sums)FY21 $308.6M · FY22 $388.2M · FY23 $444.8M · FY24 $424.0M · FY25 $430.2M
Revenue by product · Q3 FY26
Revenue by geography · Q3 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $28.0M · Total debt $118.4M · Total assets $964.4M · Shareholders' equity $685.2M
Dividends
No dividends on record.
Ownership
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 37.70M · Float 36.73M · 97.4% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 5.94M | 15.77% | 13F | Aug 7, 2026 |
| FMR LLC | 2.40M | 6.37% | 13F | Aug 13, 2026 |
| Conestoga Capital Advisors, LLC | 2.18M | 5.78% | 13F | Jul 24, 2026 |
| Vanguard Capital Management | 1.89M | 5.02% | 13G | Jul 31, 2026 |
| Earnest Partners LLC | 1.76M | 4.68% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 2, 2026 | James J. Loch | officer: SR VP, CFO AND TREASURER | −100,000 | $69.44 |
| May 26, 2026 | James E. Freeland | officer: VP, Chief Information Officer | −450 | $68.00 |
| May 13, 2026 | David H. Sampsell | officer: VP, CORP. DEV, GC & CORP. SEC. | −6,376 | $65.11 |
| May 11, 2026 | Terrence G. Schneider | officer: VP, SUPPLY CHAIN | −14,182 | $65.61 |
| Feb 10, 2026 | James E. Freeland | officer: VP, Chief Information Officer | −1,355 | $45.84 |
Peers
- Semtech
Cellular IoT modules, gateways, routers, and connected services
- Lantronix
Edge IoT compute, secure connectivity, and OOB management
- Cisco Systems
Industrial networking and secure remote OT access at scale
- Belden
Industrial networking and IT/OT connection solutions
- Samsara
Subscription platform for connected physical operations
- Carrier Global
Cold-chain and condition monitoring through Sensitech
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Digi International | $75.34 | −0.56% | $2.86B | 60.1 | 24.7 | 5.6 | +29.0% |
| Semtech | $131.33 | +0.13% | $12.22B | 87.0 | 33.1 | 10.4 | +32.7% |
| Lantronix | $5.40 | +0.65% | $239.5M | — | 23.0 | 2.0 | +8.0% |
| Cisco Systems | $109.95 | +0.01% | $433.28B | 33.0 | 21.4 | 6.8 | +17.6% |
| Belden | $115.00 | −0.15% | $4.50B | 18.7 | 12.4 | 1.6 | +11.6% |
| Samsara | $41.07 | −0.22% | $23.75B | 405.9 | 53.8 | 13.7 | +30.5% |
| Carrier Global | $58.46 | −0.55% | $48.46B | 40.8 | 19.2 | 2.2 | +3.9% |
| Median | 40.8 | 22.2 | 4.5 | +14.6% |