Digi International (DGII) FY2025 results: revenue $430 million, up 1.5% on the year
Digi International Inc. (DGII) reported revenue of $430 million for fiscal 2025, the year ended 30 September 2025, up 1.5% on the year before. Net income was $41 million, up 81.3%, and diluted earnings per share $1.08. The figures are the company's own, from the 10-K it filed with the SEC on 21 November 2025.
Revenue
$430 million
+1.5% on the year
FY2018FY2025
Operating margin
13.1%
11.3% a year earlier
FY2018FY2025
Net income
$41 million
+81.3% on the year
FY2018FY2025
Diluted EPS
$1.08
+77.0% on the year
FY2018FY2025
this yearthe year beforeHover a bar for its figure.
The year in brief
What management said about the year
Guidance figures: 7 new.
Quarterly revenue rose nine percent: Fourth-quarter revenue was $114 million, up 9%. The release describes it as record quarterly revenue.
ARR reached 35% of revenue: Quarter-end ARR was $152 million, up 31%. Management said ARR now represents about 35% of total revenue.
Solutions quarterly margin fell to 5.6%: Operating margin fell 640 basis points to 5.6%, compared with the prior fiscal year's fourth quarter.
Full-year operating cash flow was $108 million: Full-year cash flow from operations was $108 million, compared with $83 million in fiscal 2024.
ARR is highest priority: Management described ARR-delivering hardware-enabled software solutions as the highest priority, creating value beyond the device.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
108
83.1
36.8
+29.9%
Capital expenditure
2.6
2.2
4.3
+18.1%
Free cash flow
105
80.9
32.4
+30.3%
Free cash flow margin
24.5%
19.1%
7.3%
Cash from investing
-148
0.0
-4.3
Cash from financing
34.6
-89.0
-34.5
Depreciation and amortisation
34.0
33.1
32.0
+2.8%
Share-based compensation
15.4
13.2
13.3
+16.7%
Buybacks
6.9
3.6
4.3
+92.9%
Diluted shares, weighted
38m
37m
37m
+2.0%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
636
581
540
+9.5%
Debt
159
123
204
+29.2%
Operating lease liabilities
8.7
11.2
14.0
-22.8%
Other liabilities
119
99.6
77.5
+19.2%
Total liabilities and equity
923
815
836
+13.2%
Fixed assets
34.0
34.9
29.1
-2.6%
Goodwill
393
343
342
+14.6%
Intangible assets
351
253
277
+38.7%
Cash and equivalents
21.9
27.5
31.7
-20.4%
Receivables
63.5
69.6
56.0
-8.9%
Inventory
38.9
53.4
74.4
-27.1%
Other assets
20.8
34.0
25.7
-38.8%
Total assets
923
815
836
+13.2%
10-K for the year ended 30 September 2025, filed 21 November 2025: the filing.