DIGI INTERNATIONAL INC financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data DIGI INTERNATIONAL INC files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	203	182	227	254	279	309	388	445	424	430
Cost of revenue	103	94.1	118	135	135	142	172	193	174	160
Gross profit	99.7	87.2	109	119	144	167	216	252	250	271
Research and development	31	28.6	33.2	37.6	43.8	46.6	55.1	58.6	60.3	63.7
Selling and marketing	33.8	34	44.5	45.8	52.8	61.9	70.4	81.7	83.3	91.8
General and administrative	17	13.3	28.3	25.7	36.1	41.8	58.8	61.8	58.3	58.9
Operating expenses	82.6	78.4	106	109	133	156	178	202	202	214
Operating income	17.1	8.87	2.78	10.1	11.3	10.5	38.2	50.1	48.1	56.3
Interest expense	0.29	0.05	0.03	0.1	3.59	1.39	19.7	25.2	15.4	6.32
Interest income	0.55	0.66	0.45	0.73	0.3	0.01	0.01
Other non-operating income	-0.67	0.08	0.05	0.44	-0.57	-0.14	0.1	0.06	-0.09	-0.05
Pre-tax income	16.7	9.55	3.25	11.1	7.46	9	18.6	24.9	22.9	49.9
Income tax	3.21	0.15	1.62	1.19	-0.95	-1.37	-0.76	0.15	0.35	9.11
Income from continuing operations	13.5	9.37	1.3
Net income	16.7	9.4	1.63	9.96	8.41	10.4	19.4	24.8	22.5	40.8
EBITDA	21.7	14.4	15.6	23.5	30.6	31.4	72.1	82.1	81.2	90.3
EPS, basic	0.65	0.36	0.06	0.36	0.29	0.32	0.55	0.69	0.62	1.10
EPS, diluted	0.64	0.35	0.06	0.35	0.28	0.31	0.54	0.67	0.61	1.08
Shares, basic (weighted)	25.8	26.4	27.1	27.9	28.8	32.1	35	35.8	36.3	37
Shares, diluted (weighted)	26.3	27.1	27.7	28.6	29.5	33.4	36	36.9	37	37.7

Balance sheet

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash and equivalents	75.7	78.2	58	92.8	54.1	152	34.9	31.7	27.5	21.9
Short-term investments	58.4	32	4.74	0
Receivables	28.7	28.9	49.8	56.4	59.2	43.7	50.5	56	69.6	63.5
Inventory	26.3	30.2	41.6	39.8	51.6	43.9	73.2	74.4	53.4	38.9
Other current assets	3.58	3.03	2.61	3.57	5.13	3.87	3.87	4.11	3.77	4.56
Total current assets	196	174	162	193	170	247	166	166	154	131
Property, plant and equipment	14	13.2	8.35	13.9	11.5	12.1	27.6	29.1	34.9	34
Lease right-of-use assets				0	14.3	15.7	15.3	12.9	10.2	8.43
Goodwill	109	132	155	153	210	226	340	342	343	393
Intangible assets	4.04	11.8	39.3	30.7	121	118	302	277	253	351
Long-term investments	3.54	4.75	0
Other non-current assets	0.2	0.27	1.29	0.88	1.01	1.51	2.25	3.79	3.68	0.8
Total assets	336	345	372	399	529	620	854	836	815	923
Accounts payable	8.57	6.24	12.9	21.2	28.1	22.6	32.4	17.1	23.8	35.9
Accrued liabilities	10.8	4.33	8.19	8.73	9.37	12.9	14.6	16.4	14	16.3
Deferred revenue	0.36	1.81	3.18	5.03	7.69	13.6	19.8	25.3	30.6	40.7
Short-term debt				0	1.97	0	15.5	15.5	0	0
Total current liabilities	23.8	18	35.6	44.5	61.2	58.9	96.5	86	89.3	108
Long-term debt					59	45.8	222	188	123	159
Lease liabilities				0	16.2	18.4	17	14	11.2	8.67
Other non-current liabilities	0.78	0.81	0.72	3.81	1.65	8.08	4.34	2.91	6.23	7.51
Total liabilities	36.1	26	41.7	49.7	157	147	352	295	234	287
Total debt				0	59	45.8	222	188	123	159
Paid-in capital	237	246	256	267	280	371	385	404	420	437
Retained earnings	141	150	152	162	170	181	200	225	247	288
Treasury stock	-54.2	-54.5	-54.2	-54.3	-55.1	-56.5	-58.2	-61.5	-63.4	-66.1
Other comprehensive income	-24.7	-22.7	-23.5	-25.5	-23.8	-22.7	-26.1	-27	-23.7	-23.8
Shareholders' equity	300	319	330	349	372	473	502	540	581	636
Total equity	300	319	330	349	372	473	502	540	581	636
Total liabilities and equity	336	345	372	399	529	620	854	836	815	923

Cash flow statement

	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Net income	16.7	9.4	1.63	9.96	8.41	10.4	19.4	24.8	22.5	40.8
Depreciation and amortization	4.58	5.57	12.8	13.4	19.3	20.9	33.8	32	33.1	34
Stock-based compensation	3.65	4.66	4.85	5.66	7.24	8.14	8.58	13.3	13.2	15.4
Deferred income tax	1.12	-2.09	-0.38	-0.8	-3.36	-4.6	-3.39	-12.7	-11.8	-6.66
Change in receivables	-1.19	0.83	-16	-6.59	5.54	11.5	-0.11	-5.56	-13.6	7.54
Change in inventory	3.99	-4.9	-11.3	-1.06	-11.1	5.88	-34.5	-5.06	8.79	8.23
Change in payables	1.61	-3.54	2.73	8.23	3.21	-5.58	7.28	-15.5	6.45	9.62
Cash from operations	27.1	2.48	-2.78	29	34.5	57.7	37.7	36.8	83.1	108
Capital expenditures	-2.73	-1.77	-1.84	-9.34	-0.9	-2.26	-1.97	-4.35	-2.23	-2.63
Acquisitions	-2.86	-30.1	-56.3	0	-136	-19.1	-348	0	0	-146
Purchases of investments	-74.8	-62	0	0
Cash from investing	-3.78	-3.74	-23.3	5.51	-137	-21.4	-350	-4.35	0	-148
Debt issued			0	0	119	0.62	350	0	214	150
Debt repaid			0	0	-55.9	-15.6	-148	-36.4	-305	-114
Stock issued	7.19	3.5	5.46	4.87	0	73.8	0	0	2.98	3.53
Share buybacks	-0.55	-0.94	-0.75	-1.07	-1.79	-2.12	-6.66	-4.31	-3.57	-6.89
Cash from financing	7.75	3.06	5.83	1.11	63.6	62.2	193	-34.5	-89	34.6
Exchange rate effect	-0.35	0.71	0.08	-0.81	-0.25	0.3	1.47	-1.11	1.77	0.14
Net change in cash	30.7	2.5	-20.2	34.8	-38.7	98.3	-118	-3.21	-4.18	-5.61
Free cash flow	24.4	0.7	-4.62	19.6	33.6	55.5	35.8	32.4	80.9	105
Interest paid	0.01	0	0.01	0	3.01	0.92	14.2	26.4	14.8	6.4
Income taxes paid	3.03	2.13	1.24	2.05	3.69	3.68	4.33	8.69	7.31	18.4

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $78.30 on September 25, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	63.8%	Gross profit / revenue.
Operating margin	13.9%	Operating income / revenue.
EBITDA margin	16.5%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	12.4%	Pre-tax income / revenue.
Net margin	9.6%	Net income / revenue.
FCF margin	26.9%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	27.3%	Cash from operations / revenue.
Effective tax rate	22.1%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	7.1%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	5.1%	Net income / average total assets.
Return on invested capital (ROIC)	7.2%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue	14.6%	Research and development expense / revenue.
Stock-based pay / revenue	3.4%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	0.5%	Capital expenditures / revenue.
D&A / revenue	2.5%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	1.5%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	3.5%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	9.0%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	8.3%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	7.8%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y	13.5%	Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating income growth, 1y	17.1%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	13.8%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	37.8%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	11.2%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	7.8%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	24.1%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	81.3%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	28.2%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	37.1%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	77.0%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	26.0%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	31.0%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	29.9%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	42.0%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	25.6%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	30.3%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	43.3%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	25.7%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y	9.5%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	8.2%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	11.4%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	13.2%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	2.6%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	11.8%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	2.0%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	1.6%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	5.0%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.13x	Current assets / current liabilities.
Quick ratio	0.71x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.22x	(Cash + short-term investments) / current liabilities.
Debt / equity	0.16x	Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets	11.2%	Total debt / total assets.
Liabilities / assets	29.0%	Total liabilities / total assets.
Net debt	$80.2M	Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA	0.96x	Net debt / EBITDA (twelve months), when EBITDA is positive.
Working capital	$16.6M	Current assets - current liabilities.
Goodwill and intangibles / assets	80.7%	(Goodwill + intangible assets) / total assets.
Tangible book value	-$93.0M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	0.52x	Revenue / average total assets.
Fixed asset turnover	15.6x	Revenue / average property, plant and equipment.
Inventory turnover	4.07x	Cost of revenue / average inventory.
Days inventory	90 days	365 x average inventory / cost of revenue.
Receivables turnover	8.06x	Revenue / average receivables.
Days sales outstanding	45 days	365 x average receivables / revenue.
Days payables	70 days	365 x average accounts payable / cost of revenue.
Cash conversion cycle	65 days	Days inventory + days sales outstanding - days payables.
FCF conversion	279.0%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	1.8%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$1.25	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share	$13.01	Revenue / diluted weighted shares.
FCF per share	$3.49	Free cash flow / diluted weighted shares.
Operating cash flow per share	$3.56	Cash from operations / diluted weighted shares.
Book value per share	$17.60	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	-$2.39	Tangible book value / shares outstanding.
Cash per share	$0.72	(Cash + short-term investments) / shares outstanding.
Buybacks / FCF	8.4%	Share buybacks / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$2.97B	Share price x shares outstanding.
Enterprise value	$3.05B	Market cap + total debt - cash - short-term investments.
P/E	61.0x	Market cap / net income. Only when net income is positive.
P/S	5.87x	Market cap / revenue.
P/B	4.34x	Market cap / shareholders' equity. Only when equity is positive.
P/FCF	21.9x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	21.5x	Market cap / cash from operations, when positive.
EV/Sales	6.03x	Enterprise value / revenue.
EV/EBIT	43.2x	Enterprise value / operating income, when both are positive.
EV/EBITDA	36.6x	Enterprise value / EBITDA, when both are positive.
EV/FCF	22.4x	Enterprise value / free cash flow, when both are positive.
FCF yield	4.6%	Free cash flow / market cap.
Earnings yield	1.6%	Net income / market cap (the inverse of P/E).
Shareholder yield	0.4%	(Dividends paid + share buybacks) / market cap.
PEG	2.35x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was DIGI INTERNATIONAL INC's revenue in fiscal 2025?

DIGI INTERNATIONAL INC reported revenue of $430.2M for fiscal 2025, 1.5% higher than the year before.

Was DIGI INTERNATIONAL INC profitable in fiscal 2025?

Yes. Net income was $40.8M, a net margin of 9.5%.

How much free cash flow did DIGI INTERNATIONAL INC generate in fiscal 2025?

Cash from operations of $108.0M minus capital expenditures of $2.6M left free cash flow of $105.3M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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