DGII on Nasdaq

Digi International

American technology company

Digi International, Inc. is an American industrial Internet of things technology company based in Hopkins, Minnesota. Founded in 1985, it was best known in the early 1990s as a manufacturer of multi-line serial data serial cards for PC clones, allowing these machines to run multi-line bulletin board systems (BBSes). As this market began to wind down with the rise of the internet in the late 1990s, Digi began to concentrate on network attached devices and industrial monitoring.3 Its shares trade on Nasdaq under the symbol DGII.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

$430.2MRevenue, fiscal 20254
$40.8MNet income, fiscal 20254
1985Founded1

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  • TickerDGII on Nasdaq1
  • Industrycomputer hardware industry1
  • HeadquartersHopkins1
  • Websitewww.digi.com
  • Legal formForeign company not registered with the RCS1
  • Incorporated inDE5
  • Business address9350 Excelsior Blvd., Suite 700, Hopkins, Mn 553435
  • Filer categoryLarge accelerated filer5
Digi International Headquarters - Hopkins, MN
Photo: Msinon, CC BY 4.0, via Wikimedia Commons8

Digi International, Inc. is an American industrial Internet of things technology company based in Hopkins, Minnesota. Founded in 1985, it was best known in the early 1990s as a manufacturer of multi-line serial data serial cards for PC clones, allowing these machines to run multi-line bulletin board systems (BBSes). As this market began to wind down with the rise of the internet in the late 1990s, Digi began to concentrate on network attached devices and industrial monitoring.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

62.9%Gross margin4
13.1%Operating margin4
9.5%Net margin4
1.5%Revenue growth, 20254
6.4%Return on equity4
0.25×Debt to equity4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Product brought in 69% of the revenue Digi International broke down this way in fiscal 2025.

  1. Product$296.6M469%down 3% from 2024
  2. Service$133.6M431%up 12% from 2024
Products and services by year
Products and services202320242025
Product$331.2M$304.5M$296.6M
Service$113.7M$119.5M$133.6M

Business segments

IoT Products and Services brought in 74% of the revenue Digi International broke down this way in fiscal 2025.

  1. IoT Products and Services$317.9M474%down 2% from 2024
  2. IoT Solutions$112.3M426%up 13% from 2024
Business segments by year
Business segments202320242025
IoT Products and Services$345.7M$324.4M$317.9M
IoT Solutions$99.2M$99.6M$112.3M

Regions

North America brought in 79% of the revenue Digi International broke down this way in fiscal 2025.

  1. North America$341.9M479%up 13% from 2024
  2. EMEA$62.9M415%down 3% from 2024
  3. Other locations$25.4M46%down 55% from 2024
Regions by year
Regions202320242025
North America$323.7M$302.5M$341.9M
EMEA$70.0M$64.9M$62.9M
Other locations$51.2M$56.7M$25.4M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue37¢$159.5M
  • Other costs50¢$214.4M
  • Interest1¢$6.3M
  • Income tax2¢$9.1M
  • Profit9¢$40.8M

Out of $430.2M in revenue.4

Where each dollar of operating cash went, fiscal 2025

  • Share buybacks6¢$6.9M
  • Kept or used elsewhere94¢$101.1M

Out of $108.0M of cash from operations.4

Financial statements

Revenue9101112134$430.2M in 2025+90% since 2018
0$200.0M$400.0M$600.0M2018: $226.9M$226.9M20182019: $254.2M$254.2M2019+12%2020: $279.3M$279.3M2020+10%2021: $308.6M$308.6M2021+11%2022: $388.2M$388.2M2022+26%2023: $444.8M$444.8M2023+15%2024: $424.0M$424.0M2024−5%2025: $430.2M$430.2M2025+1%
Gross profit9101112134$270.7M in 2025+148% since 2018
0$100.0M$200.0M$300.0M2018: $109.1M$109.1M20182019: $119.0M$119.0M2019+9%2020: $144.0M$144.0M2020+21%2021: $166.7M$166.7M2021+16%2022: $216.3M$216.3M2022+30%2023: $252.2M$252.2M2023+17%2024: $249.9M$249.9M2024−1%2025: $270.7M$270.7M2025+8%
Operating income9101112134$56.3M in 2025+1923% since 2018
0$20.0M$40.0M$60.0M2018: $2.8M$2.8M20182019: $10.1M$10.1M2019+262%2020: $11.3M$11.3M2020+12%2021: $10.5M$10.5M2021−7%2022: $38.2M$38.2M2022+263%2023: $50.1M$50.1M2023+31%2024: $48.1M$48.1M2024−4%2025: $56.3M$56.3M2025+17%
Net income9101112134$40.8M in 2025+2402% since 2018
0$20.0M$40.0M$60.0M2018: $1.6M$1.6M20182019: $10.0M$10.0M2019+511%2020: $8.4M$8.4M2020−16%2021: $10.4M$10.4M2021+23%2022: $19.4M$19.4M2022+87%2023: $24.8M$24.8M2023+28%2024: $22.5M$22.5M2024−9%2025: $40.8M$40.8M2025+81%

Every line of the income statement as filed: the last 3 fiscal years, latest first.4

Period ending2025-09-302024-09-302023-09-30
Revenue$430.2M$424.0M$444.8M
Amortization$3.9M$3.8M$4.0M
Total cost of sales$159.5M$174.1M$192.6M
Gross profit$270.7M$249.9M$252.2M
Sales and marketing$91.8M$83.3M$81.7M
Research and development$63.7M$60.3M$58.6M
General and administrative$58.9M$58.2M$61.8M
Total operating expenses$214.4M$201.8M$202.1M
Operating income$56.3M$48.1M$50.1M
Interest expense, net-$6.3M-$15.4M-$25.2M
Other (expense) income, net-$54.0K-$94.0K$59.0K
Total other expense, net-$6.4M-$25.2M-$25.2M
Income before income taxes$49.9M$22.9M$24.9M
Income tax expense$9.1M$353.0K$148.0K
Net income$40.8M$22.5M$24.8M
Basic$1.10$0.62$0.69
Diluted$1.08$0.61$0.67
Basic (shares)37.0M shares36.3M shares35.8M shares
Diluted (shares)37.7M shares37.0M shares36.9M shares
Deferred Debt Issuance Cost, Writeoff$0-$9.7M$0

Compare Digi International with another company

Corporate structure

Digi International sits at the top of its group. 12 entities, 9 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of Digi International

  • FMR LLC Filed SCHEDULE 13G/A on Digi International, latest Aug 6, 2026 (4 filings since Feb 9, 2022)
  • VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on Digi International, latest Jul 31, 2026
  • DIMENSIONAL FUND ADVISORS LP Filed SCHEDULE 13G/A on Digi International, latest Apr 9, 2026 (5 filings since Feb 8, 2022)
  • VANGUARD GROUP INC Filed SCHEDULE 13G/A on Digi International, latest Mar 26, 2026 (4 filings since Feb 9, 2022)
  • EARNEST PARTNERS LLC Filed SCHEDULE 13G/A on Digi International, latest Feb 12, 2026 (4 filings since Feb 14, 2024)
  • BlackRock Filed SCHEDULE 13G/A on Digi International, latest Jan 21, 2026 (6 filings since Jan 25, 2022)
  • Conestoga Capital Advisors, LLC Filed SCHEDULE 13G/A on Digi International, latest Jan 8, 2026 (4 filings since Nov 3, 2023)
  • MAIRS & POWER INC Filed SC 13G/A on Digi International, latest Feb 14, 2023 (2 filings since Feb 14, 2022)
  • Digi International Hopkins
    • Accelerated Concepts Pty Ltd. Subsidiary · Australia
    • Digi International (HK) Ltd. Subsidiary · Hong Kong
    • Digi International Canada Inc. Subsidiary · Ontario, Canada
    • Digi International K.K. Subsidiary · Japan
    • Digi International Spain S.A. Subsidiary · Spain
    • Digi m2m Solutions India Pvt Ltd. Subsidiary · India
    • Digi SmartSense, LLC Subsidiary · Delaware, United States
    • Digi Wireless Singapore Pte. Ltd. Subsidiary · Singapore
    • Jolt Software, Inc. Subsidiary · Utah, United States
    • Opengear Pty Ltd. Subsidiary · Australia
    • Ventus Wireless, LLC Subsidiary · Delaware, United States

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What Digi International reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$94.2M4 Sep 30, 2025$81.5M4 Sep 30, 2024+15.5%
Accumulated depreciation$60.1M4 Sep 30, 2025$46.6M4 Sep 30, 2024+29.0%
Property and equipment, net$34.0M4 Sep 30, 2025$34.9M4 Sep 30, 2024−2.6%
Operating-lease assets (leased space)$8.4M4 Sep 30, 2025$10.2M4 Sep 30, 2024−17.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$21.9M4 Sep 30, 2025$27.5M4 Sep 30, 2024−20.4%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$392.9M4 Sep 30, 2025$342.8M4 Sep 30, 2024+14.6%
Finite-lived intangibles, gross$556.4M4 Sep 30, 2025$436.3M4 Sep 30, 2024+27.5%
Accumulated amortization$205.7M4 Sep 30, 2025$183.4M4 Sep 30, 2024+12.1%
Finite-lived intangibles, net$350.7M4 Sep 30, 2025$252.9M4 Sep 30, 2024+38.7%

Inventory

ItemLatestA year beforeChange
Inventory, total$38.9M4 Sep 30, 2025$53.4M4 Sep 30, 2024−27.1%
Raw materials$10.8M4 Sep 30, 2025$18.7M4 Sep 30, 2024−42.1%
Work in process$7.0K4 Sep 30, 2025$52.0K4 Sep 30, 2024−86.5%
Finished goods$28.1M4 Sep 30, 2025$34.6M4 Sep 30, 2024−18.9%

Properties, in its own words

The following table contains a listing of our property locations that were material to us as of September 30, 2025:

Location of Property · Use of Facility · Segment · Approximate Square Footage · Ownership or Lease Expiration Date

The rest of Item 2

Hopkins, MN(World headquarters) · Research & development, sales, sales support, marketing and administration · IoT Products & Services · 59,497 · January 2032

Eden Prairie, MN · Manufacturing and warehousing · IoT Products & Services · 58,000 · Owned

Sandy, UT · Sales, technical support, research & development, administration, manufacturing and warehousing · IoT Products & Services · 35,466 · December 2030

Lehi, UT · Sales, sales support, technical support, research & development, administration, manufacturing and warehousing · IoT Solutions · 26,364 · March 2026

Norwalk, CT · Sales, sales support, technical support, research & development, administration, manufacturing and warehousing · IoT Solutions · 14,115 · July 2027

Boston, MA · Research & development, sales, sales support and marketing · IoT Solutions · 13,302 · August 2026

Queensland, Australia · Research & development · IoT Products & Services · 12,422 · November 2026

Mishawaka, IN · Sales, technical support and administration · IoT Solutions · 7,829 · August 2026

In addition to the above locations, we have various other locations throughout the world that are not deemed to be material.

Item 2 of the 10-K filed Nov 21, 2025.18

The story

The company was founded in 1985 and went public as Digi International in 1989.

The company initially offered intelligent ISA/PCI boards (the 'DigiBoard') with multiple asynchronous serial interfaces for PCs.

The company's current CEO and president, Ron Konezny, joined the company in December 2014.

Patents

Digi International settled a patent infringement lawsuit with U.S. Ethernet Innovations LLC for $1.525 million in April 2013.

In 2022, NimbeLink, a subsidiary of Airgain, filed a lawsuit alleging certain Digi products infringed on NimbeLink's Skywire cellular modems. The U.S. District Court for the District of Minnesota found all patent claims by Nimbelink to be invalid in May 2024.

From Wikipedia’s article on Digi International, shared under CC BY-SA 4.0.6

Leadership

Who has led Digi International, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (27)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Accelerated Concepts Pty Ltd. Australia7
  • Accelerated Concepts, Inc. Florida, United States7
  • Digi International (HK) Ltd. Hong Kong7
  • Digi International Canada Inc. Ontario, Canada7
  • Digi International GmbH Germany7
  • Digi International K.K. Japan7
  • Digi International Ltd United Kingdom7
  • Digi International Spain S.A. Spain7
  • Digi SmartSense, LLC Delaware, United States7
  • Digi Wireless Singapore Pte. Ltd. Singapore7
  • Digi m2m Solutions India Pvt Ltd. India7
  • Jolt Software, Inc. Utah, United States7
  • Opengear Pty Ltd. Australia7
  • Opengear, Inc. Utah, United States7
  • Ventus Wireless, LLC Delaware, United States7

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Acquisitions

Since the early 1990s, Digi International has acquired numerous companies. In the 1990s, Digi acquired companies including Arnet Corp, Stargate and Milan Technologies, Lan Access, Aetherworks, Centrall Data Corp, and German-based ITK International Inc.

In 2000, Digi acquired Texas-based USB connectivity manufacturer Inside Out Networks, and phased the brand out in 2006. In 2002, the company acquired Net Silicon, a fabless manufacturer of ARM-based microprocessors.

In 2005, Digi acquired Rabbit Semiconductor, a manufacturer of Z180 based silicon, embedded modules and single-board computers. In the same year, the company acquired processor module manufacturers FS Forth-Systeme GmbH of Breisach, Germany, and Logroño, Spain-based Sistemas Embebidos S.A.

In 2006, the company acquired Wireless technology company MaxStream, for $38.8M. Two years later, in 2008, Digi acquired Cellular router manufacturer Sarian Systems Ltd. for $30.5 million. In the same year, Digi also acquired wireless technology design services company Spectrum Design Solutions Inc.

Read the full text

In 2009, Digi acquired Mobiapps, a fabless manufacturer of satellite modems on the Orbcomm satellite network.

In 2012, Digi acquired Cloud computing services provider Etherios.

Digi acquired Toronto-based temperature monitoring company Bluenica in 2015. A year later, in 2016, Digi acquired FreshTemps, temperature monitoring and task management for the food industry.

In 2017, Digi acquired SMART Temps and TempAlert, two temperature and task management providers for retail, education, food service, healthcare, and industrial applications. A year later, in 2018, Digi acquired Network equipment company Accelerated Concepts.

Digi acquired Utah-based Opengear, a computer network technology company in 2019.

In 2021, Digi acquired Haxiot, a provider of wireless connection services; Ctek, a company specializing in remote monitoring and industrial controls; and Ventus Holdings, a telecommunications company.

In 2025, Digi acquired Jolt Software for $145.5 million.

In 2026, Digi acquired Particle, an IoT hardware and software company.

From Wikipedia’s article on Digi International, shared under CC BY-SA 4.0.6

Timeline

  1. Aug 31, 20268-K Entered a material agreement; Ended a material agreement; New debt or obligation55
  2. Aug 5, 20268-K Results of operations56
  3. May 6, 20268-K Results of operations57
  4. Mar 5, 20268-K Executive or director change58
  5. Feb 4, 20268-K Results of operations59
  6. Dec 30, 20258-K Entered a material agreement60
  7. Nov 12, 20258-K Results of operations61
  8. Aug 19, 20258-K New debt or obligation; Regulation FD disclosure62
  9. Aug 6, 20258-K Results of operations63
  10. May 7, 20258-K Results of operations64
  11. Feb 5, 20258-K Results of operations65
  12. Dec 13, 20248-K Executive or director change; Regulation FD disclosure66
  13. Dec 18, 2014New chief executive Ronald Konezny becomes CEO19
  14. Sep 5, 2006New chief executive Joseph T. Dunsmore becomes CEO20
  15. 1985Founded Founded1

Calendar

Coming up

  1. Nov 11, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $0.47 a share, on Nov 12, 2025.67

When it reported results

  1. Aug 5, 2026Reported quarterly or annual results56
  2. May 6, 2026Reported quarterly or annual results57
  3. Feb 4, 2026Reported quarterly or annual results59
  4. Nov 12, 2025Reported quarterly or annual results61
  5. Aug 6, 2025Reported quarterly or annual results63
  6. May 7, 2025Reported quarterly or annual results64
  7. Feb 5, 2025Reported quarterly or annual results65
  8. Nov 13, 2024Reported quarterly or annual results68

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

304 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 35 major events, 163 insider forms, 30 large holders, 55 other. The latest 20:

  1. Aug 31, 20268-K EDGAR
  2. Aug 6, 2026SCHEDULE 13G/A EDGAR
  3. Aug 5, 202610-Q EDGAR
  4. Aug 5, 20268-K EDGAR
  5. Jul 31, 2026SCHEDULE 13G EDGAR
  6. Jun 9, 20264 EDGAR
  7. Jun 4, 20264 EDGAR
  8. Jun 2, 2026144 EDGAR
  9. Jun 1, 2026SD EDGAR
  10. May 28, 20264 EDGAR
  11. May 14, 20264 EDGAR
  12. May 13, 2026144 EDGAR
  13. May 13, 20264 EDGAR
  14. May 11, 2026144 EDGAR
  15. May 8, 20264 EDGAR
  16. May 6, 202610-Q EDGAR
  17. May 6, 20268-K EDGAR
  18. Apr 9, 2026SCHEDULE 13G/A EDGAR
  19. Mar 26, 2026SCHEDULE 13G/A EDGAR
  20. Mar 5, 20268-K EDGAR

The 304 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

43 open-market trades by officers, directors and large owners since October 2021: 3 buys and 40 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Jun 2, 2026Loch James J.SR VP, CFO AND TREASURERSale100,000$69.44$6.9MForm 4
May 26, 2026Freeland James E.VP, Chief Information OfficerSale450$68.00$30.6KForm 4
May 13, 2026Sampsell David H.VP, CORP. DEV, GC & CORP. SEC.Sale6,376$65.11$415.1KForm 4
May 11, 2026Schneider Terrence G.VP, SUPPLY CHAINSale14,182$65.61$930.5KForm 4
Feb 10, 2026Freeland James E.VP, Chief Information OfficerSale1,355$45.84$62.1KForm 4
Feb 10, 2026Khanuja SatbirDirectorSale6,000$46.00$276.0KForm 4
Feb 10, 2026Sampsell David H.VP, CORP. DEV, GC & CORP. SEC.Sale5,000$45.74$228.7KForm 4
Feb 9, 2026Sampsell David H.VP, CORP. DEV, GC & CORP. SEC.Sale1,100$45.04$49.5KForm 4
Nov 25, 2025Schneider Terrence G.VP, SUPPLY CHAINSale4,208$41.68$175.4KForm 4
Nov 25, 2025Sampsell David H.VP, CORP. DEV, GC & CORP. SEC.Sale8,748$41.52$363.2KForm 4
Nov 24, 2025Schneider Terrence G.VP, SUPPLY CHAINSale16,667$40.56$676.0KForm 4
Nov 24, 2025Sampsell David H.VP, CORP. DEV, GC & CORP. SEC.Sale4,727$40.00$189.1KForm 4
Nov 17, 2025Sampsell David H.VP, CORP. DEV, GC & CORP. SEC.Sale22,222$38.38$852.9KForm 4
Nov 29, 2024Schneider Terrence G.VP, SUPPLY CHAINSale2,808$33.06$92.8KForm 4
Nov 26, 2024Schneider Terrence G.VP, SUPPLY CHAINSale521$33.03$17.2KForm 4
Nov 21, 2024Khanuja SatbirDirectorSale7,000$31.76$222.3KForm 4
Nov 18, 2024Sampsell David H.VP, CORP. DEV, GC & CORP. SEC.Sale18,750$31.19$584.8KForm 4
Aug 14, 2024Naguib Hatem H.DirectorSale7,208$27.80$200.4KForm 4
Aug 31, 2023Schneider Terrence G.VP, SUPPLY CHAINSale12,500$33.47$418.4KForm 4
Aug 21, 2023Sampsell David H.VP, CORP. DEV, GC & CORP. SEC.Sale5,455$30.95$168.8KForm 4

All 43 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025Ronald E. Konezny$583.8K$5.0M77
2025James J. Loch$417.7K$2.3M77
2025David H. Sampsell$346.2K$1.5M77
2025James E. Freeland$321.2K$917.6K77
2025Terrence G. Schneider$297.7K$891.8K77
2024President and Chief Executive Officer$564.0K$2.9M77
2024Executive Vice PresidentChief Financial Officer and Treasurer$400.4K$1.5M77
2024Executive Vice President of Corporate DevelopmentGeneral Counsel and Corporate Secretary$323.5K$934.7K77
2024Senior Vice PresidentChief Information Officer$184.6K$567.0K77
2023President and Chief Executive Officer$542.3K$8.7M77
2023Executive Vice PresidentChief Financial Officer and Treasurer$371.2K$2.6M77
2023Executive Vice President of Corporate DevelopmentGeneral Counsel and Corporate Secretary$312.7K$1.7M77
2023Senior Vice PresidentSupply Chain Management$272.7K$882.1K77

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.5,944,312$445.5M0.0%+67,953
Fmr LLC2,403,235$180.1M0.0%+487,041
Conestoga Capital Advisors, LLC2,177,359$163.2M3.5%−827,414
Earnest Partners LLC1,763,379$132.2M0.5%−37,330
State Street Corp1,731,823$129.8M0.0%+137,688
Dimensional Fund Advisors LP1,655,777$124.1M0.0%−195,193
Vanguard Portfolio Management LLC1,641,209$123.0M0.0%+68,021
Vanguard Capital Management LLC1,607,812$120.5M0.0%+34,224
Geneva Capital Management LLC1,384,342$103.8M2.4%−228,023
Bank Of America Corp /de/1,236,563$92.7M0.0%−104,704
Geode Capital Management, LLC1,143,462$85.7M0.0%+152,985
Massachusetts Financial Services Co /ma/954,057$71.5M0.0%+410,060
Royce & Associates LP846,443$63.4M0.5%−64,047
Jpmorgan Chase & Co803,401$59.0M0.0%−19,807
New York State Common Retirement Fund647,543$48.5M0.1%+1,500
Invesco Ltd.587,011$44.0M0.0%+102,074
Northern Trust Corp490,294$36.7M0.0%+28,011
Global Alpha Capital Management Ltd.475,962$35.7M2.1%−2,812
First Eagle Investment Management, LLC406,518$30.5M0.0%+232,809
Wells Fargo & Company/mn394,849$29.6M0.0%+11,545
Sei Investments Co392,880$29.4M0.0%+734
Ameriprise Financial Inc390,333$29.3M0.0%−32,024
Charles Schwab Investment Management Inc365,408$27.4M0.0%+10,341
Wasatch Advisors LP353,177$26.5M0.2%−96,889
Morgan Stanley332,090$24.9M0.0%+43,151

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How Digi International is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARDIGI INTERNATIONAL INC2
  • CIK0000854775
  • Employer ID (EIN)41-153246418
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company18
  • Incorporated inDelaware18
  • Fiscal year endsSeptember 302
  • Industry code (SIC)3576 Computer Communications Equipment2
  • SEC reviewing officeOffice of Technology, Division of Corporation Finance2
  • Business address9350 Excelsior Blvd., Suite 700, Hopkins, MN 553432
  • Phone(952) 912-34442
  • Shares outstanding37,948,123 as of Jul 31, 202616
  • Public float$1.0B as of Mar 31, 202518
  • AuditorDeloitte & Touche LLP, Minneapolis, Minnesota PCAOB ID 34; it also attests to the company’s internal control over financial reporting18
  • On EDGAR sinceMay 10, 19952
  • Filings1,287 in all: 4 (569), 8-K (186), SC 13G/A (115), 10-Q (95), DEF 14A (31), 3 (30), SC 13G (29), 10-K (28)2
    All 42 form types

    S-8 (27), 144 (21), DEFA14A (20), 4/A (18), CORRESP (15), UPLOAD (14), SD (13), 8-K/A (11), S-8 POS (9), 10-Q/A (8), SCHEDULE 13G/A (8), 425 (6), 10-K/A (4), 10-K405 (3), 424B3 (3), ARS (3), S-3 (3), 424B5 (2), 3/A (1), 40-APP (1), 8-A12B (1), 8-A12G (1), 8-A12G/A (1), D (1), DEFR14A (1), EFFECT (1), POS AM (1), RW (1), S-3/A (1), S-3ASR (1), S-4 (1), S-4/A (1), SC 13D (1), SCHEDULE 13G (1)

  • Latest filingsAnnual report (10-K) Nov 21, 2025
    Quarterly report (10-Q) Aug 5, 2026
    Proxy statement (DEF 14A) Dec 17, 2025
    Latest 8-K (8-K) Aug 31, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, par value $.01 per shareDGIIThe Nasdaq Stock Market LLC

From the cover page of the 10-K filed Nov 21, 2025 (Section 12(b) of the Exchange Act).18

Risk factors and legal proceedings

The risks Digi International names in Item 1A of its 10-K filed Nov 21, 2025: 39 risks under these headings, as written.18

  • Operational Risks
  • We depend on manufacturing relationships and a broad set of suppliers, some of whom provide us with limited-source components and parts, and disruptions in these relationships may cause damage to our customer relationships or otherwise negatively impact our business.
  • The long and variable sales cycle for certain of our products and services makes it more difficult for us to predict our operating results and manage our business.
  • Certain parts of our business are subject to customer concentrations.
  • Acquisitions could disrupt our business and seriously harm our financial condition.
  • From time to time, we are subject to claims and litigation regarding intellectual property rights or other claims pertaining to our business, which could seriously harm us and require us to incur significant costs.
  • Our participation in a services and solutions model, using hardware and cloud-based services, presents execution and competitive risks.
  • Our ability to sustain and grow our business depends in large part on the success of our third-party distributors and resellers.
  • Potential new or incremental international tariffs could materially and adversely affect our business and results of operations.
  • The businesses of our IoT Solutions segment are subject to the risks faced by businesses operating in emerging markets.
  • Technology and Cybersecurity Risks
  • We are subject to various cybersecurity risks, including risk to our products, solutions, and internal systems. These risks may increase our costs and could damage our brand and reputation.
The other 29 risks
  • Issues related to the use of artificial intelligence may result in regulatory or legal action, damage our reputation, or harm our business.
  • Risks Relating to Our Foreign Operations
  • Our use of suppliers in other parts of the world as well as our purchases of components containing certain materials involves risks that could negatively impact us.
  • We face risks associated with our international operations that could impair our ability to grow our revenue abroad as well as our overall financial condition.
  • Our failure to comply effectively with regulatory laws pertaining to our foreign operations could have a material adverse effect on our revenue and profitability.
  • Competitive and Reputational Risks
  • We face intense competition from established companies that may have significant advantages over us and our products.
  • Our dependence on new product development, rapid technological change, competitors’ product introductions and enhancements, and regulatory changes make us susceptible to potential fluctuations in demand or loss of market share for our products.
  • Our failure to compete successfully in our highly competitive market could result in reduced prices and loss of market share.
  • Risks Related to Economic and Market Conditions
  • Our consolidated operating results and financial condition may be adversely impacted by worldwide economic and credit conditions.
  • Our revenue may be subject to fluctuations based on the level of significant large project-based purchases.
  • Our operating margins may be subject to decline.
  • Some of our products are sold into mature markets, which could limit our ability to continue to generate revenue from these products.
  • Unanticipated changes in our tax rates could affect our future results.
  • We may have additional tax liabilities.
  • Strategic Risks
  • Our ability to grow our business is dependent in part on strategic relationships we develop and maintain with third parties as well as our ability to integrate and assure use of our products and services in coordination with the products and services of certain strategic partners in a commercially acceptable manner.
  • The loss of key personnel could prevent us from executing our business strategy.
  • We are dependent on third parties to manufacture our products which could have adverse impacts on our business if such manufacturers encounter operating restraints or if we do not properly forecast customer demand.
  • Our failure to anticipate or manage product transitions effectively could have a material adverse effect on our revenue and profitability.
  • We intend to continue to devote significant resources to our research and development, which, if not successful, could cause a decline in our revenue and harm our business.
  • Risks Relating to Our Industry
  • We are dependent on wireless communication networks owned and controlled by others.
  • Natural disasters, wars and other events beyond our control could impact our supply chain and customers negatively resulting in an adverse impact to our revenue and profitability.
  • Credit and Liquidity Risks
  • Failure to comply with the covenants under our credit facility may have a material adverse effect on our ability to access additional capital and/or create an event of default.
  • Negative conditions in the global credit markets may impair a portion of our investment portfolio.
  • Government Regulation and Political Risks
  • Our inability to obtain the appropriate telecommunications carrier certifications or approvals from governmental regulatory bodies as well as reconfiguration of communications protocols such as radio bands could impede our ability to grow revenue in our wireless products.
  • Our failure to comply effectively with the requirements of applicable environmental, data privacy and security legislation and regulation could have a material adverse effect on our revenue and profitability.
  • Risks Related to Our Intellectual Property
  • Our ability to compete could be jeopardized if we are unable to protect our intellectual property rights.
  • Risks Related to Our Common Stock
  • Unsolicited takeover proposals, governance change proposals, proxy contests and resulting litigation may adversely impact our operations, create uncertainty and affect the market price and volatility of our securities.
  • Certain provisions of the Delaware General Corporation Law and our charter documents have an anti-takeover effect.
  • The price of our common stock has been volatile and could continue to fluctuate in the future.
  • If our stock price declines over a sustained period of time, our profits significantly decrease or our acquired businesses do not attain results that were anticipated at the time of acquisition, we may need to recognize an impairment of our goodwill.

Legal proceedings

In the normal course of business, we are subject to various claims and litigation, which may include, but are not limited to, patent infringement and intellectual property claims, employment claims and claims involving customers or vendors. While we are unable to predict the outcome of any potential claims or litigation due to the inherent unpredictability of these matters, we believe that it is possible that we could, in the future, incur judgments or enter into settlements of claims that could have a material adverse effect on our operations in any particular period. See Note 13 to the consolidated financial statements included in this annual report for additional information relating to legal matters.

The opening of Item 3, Legal Proceedings.18

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