| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 122.46 | 17.9% |
| Total Income | 122.46 | 17.9% |
| Expenditure | 106.14 | 17.3% |
| PBT | 14.02 | 26.3% |
| Net Profit | 11.71 | 16.2% |
| OPM | 13.33% | 0.47pp |
| NPM | 9.56% | 0.14pp |
| EPS | 0.31 | 14.8% |
Digi International Reports Q1 FY26 Results: Record Revenue of $122M
04 May 2026 · 4 May, 1:30 am
Summary
Digi International announced its first fiscal quarter 2026 results, featuring a record quarterly revenue of $122 million, an 18% increase year-over-year. The company's ARR reached $157 million, a 31% increase. Ron Konezny, President and CEO, stated that the company is off to a great start to its fiscal year 2026, highlighting the customer focus and the addition of Jolt. The company anticipates ARR growth of 23%, revenue growth of 14%-18%, and Adjusted EBITDA growth of 17-21% for fiscal year 2026.
Key Highlights
- 1
Digi International reported a record quarterly revenue of $122 million, marking an 18% increase compared to the first fiscal quarter of 2025.
- 2
The company's gross profit margin increased by 40 basis points to 62.4%.
- 3
Operating margin also saw an increase of 40 basis points, reaching 13.3%.
- 4
Net income for the quarter was $12 million, reflecting a 16% increase year-over-year.
- 5
Adjusted EBITDA increased by 23% to $32 million.
- 6
Annualized Recurring Revenue (ARR) at the end of the quarter reached $157 million, a 31% increase.
- 7
Cash flow from operations was $36 million in the first quarter of fiscal 2026, compared to $30 million in the first quarter of fiscal 2025.
Management Comments
Ron Konezny
We’re off to a great start to our fiscal year 2026. Digi’s customer focus is shining through our IoT solutions that drive meaningful ROI. With the addition of Jolt, we delivered double digit growth in ARR, revenue, adjusted EBITDA, and adjusted EPS in our fiscal first quarter. We are thrilled to have the Particle team join the Digi family. Particle’s unique solutions build and manage connected devices, and we have an aligned culture focused on customer value. Our strong cash generation propels a flywheel of organic growth complemented by select acquisitions.
Informational and educational content only. Not investment advice.