Welcome to our dedicated page for Digi International news (Ticker: DGII), a resource for investors and traders seeking the latest updates and insights on Digi International stock.
Digi International Inc. develops business- and mission-critical Internet of Things connectivity products, services and solutions for enterprises, OEMs, government and industrial customers. News about DGII commonly covers fiscal results, recurring-revenue metrics, cash flow, acquisition financing, and integration activity across its IoT Products & Services and IoT Solutions businesses.
Company updates also include product and platform launches such as cellular routers, Digi Remote Manager, Genesis, Digi Accelerated Linux and AI-enabled workflow tools. SmartSense by Digi adds recurring coverage of IoT Sensing as a Service, asset monitoring, process digitization, food-safety compliance, and restaurant or retail operations research.
Digi International (Nasdaq: DGII) has expanded and refinanced its senior secured revolving credit facility, increasing total borrowing capacity from $250 million to $350 million. The facility includes an accordion feature for additional capacity of the greater of $130 million or 100% of trailing twelve month adjusted EBITDA, giving Digi up to $480 million in potential borrowing, plus an unlimited incremental amount subject to a pro forma total net leverage ratio not exceeding 2.50x.
The new facility matures on August 27, 2031 and offers improved SOFR margins of 125–262.5 basis points, compared with 135–310 basis points previously. The maximum total net leverage ratio covenant rises from 3.0x to 3.50x, with a 0.50x acquisition holiday for four fiscal quarters after a qualifying acquisition, while the minimum interest coverage ratio remains at 3.00x.
Digi International (Nasdaq: DGII) reported third fiscal quarter 2026 revenue of $138.7 million, up 29% year over year, with gross margin of 64.8% and operating margin of 16.5%. GAAP net income was $15.7 million, or $0.40 per diluted share, and adjusted EBITDA rose 47% to $40.4 million.
Quarter-end ARR reached a record $191 million, up 52%. IoT Product & Services revenue grew 25% to $100 million with ARR doubling to $60 million, while IoT Solutions revenue increased 41% to $39 million and ARR rose 36% to $131 million. Operating cash flow was $33 million and net debt stood at $81 million.
For fiscal 2026, Digi raised guidance to revenue of $529–$533 million (23–24% growth) and adjusted EBITDA of $146.0–$147.5 million (35–36% growth), and now expects ARR growth of at least 27% versus fiscal 2025.
SmartSense by Digi (NASDAQ: DGII), a provider of IoT connectivity solutions for restaurants, announced the addition of Eric Phernambucq/b) of Jack in the Box and of honeygrow to its Board of Advisors. Phernambucq is Vice President of Operations Innovation at Jack in the Box with 25 years of restaurant experience focused on performance, productivity, and operational efficiency. Thomas is Vice President of Operations Services at honeygrow, with two decades of experience in restaurant operations, food safety, and field execution. SmartSense said the appointments support its mission to help restaurant brands address food safety, compliance, and operational excellence using technology.
Digi International (NASDAQ: DGII) will release its third fiscal quarter 2026 financial results on Wednesday, August 5, 2026, after market close at approximately 4:00 p.m. ET.
CEO Ron Konezny and CFO Jamie Loch will host a video conference call at 5:00 p.m. ET to discuss the results.
Digi International (NASDAQ:DGII) announced global availability of its Digi ConnectCore 95 SMARC system-on-module and development kit, built on the NXP i.MX 95 processor.
The open-standard SMARC 2.2 module adds up to six Cortex-A55 cores, 2 TOPS on-device AI, Wi-Fi 6E, Bluetooth 5.4, bundled cloud services, security and 10+ year product longevity.
Digi International (NASDAQ:DGII) launched DANI (Digi Artificial Network Intelligence), an AI network operations agent embedded in Digi Remote Manager. DANI uses Model Context Protocol to access real-time device telemetry, cellular signal data, firmware and configuration history to deliver faster diagnostics and automated troubleshooting.
DANI supports conversational guidance, continuous device health monitoring, intelligent recommendations, task automation and multi-tenant support, with early access available now.
Digi International (NASDAQ: DGII) highlighted how its Digi XBee wireless modules and DigiMesh networking power HighGreat Technology’s record-breaking drone light shows. HighGreat has orchestrated up to 8,100 drones for a Guinness World Record and showcased over 15,000 AI-controlled drones.
HighGreat has built more than 100,000 drones using Digi XBee, leveraging low-latency, self-healing mesh connectivity, RTK positioning for centimeter-level accuracy, and secure-by-design features. Digi notes over 25 million Digi XBee modules deployed globally across mission-critical industrial and commercial applications.
Digi International (NASDAQ:DGII) announced the Digi TX65, a rugged 5G vehicle and industrial router family for mission-critical transportation connectivity.
The TX65 platform consolidates 5G, Wi‑Fi 7, GNSS and serial functions, supports DSDS failover, FirstNet/CBRS/Verizon Frontline, and is expected to ship generally in July 2026.
Digi International (NASDAQ: DGII) expanded its Digi Axess cloud platform with seven new features for remote industrial infrastructure management. Additions include native VPN-based remote access, integrated cellular SIM management, non-Digi device visibility, interactive multi-device graphing, threshold history analytics, automation overview mapping, and battery acknowledgement monitoring.
These capabilities aim to centralize remote access, SIM and device visibility, and analytics for distributed environments in sectors such as utilities, manufacturing, oil and gas, transportation, and environmental monitoring. All seven features are available now for Digi Axess customers.
Digi International (NASDAQ: DGII) launched Digi Remote Reach, a peer-to-peer remote access capability included with Digi Remote Manager for compatible 2026 cellular devices. The service connects IT and OT teams directly to edge devices without VPNs, cloud proxies or added subscription cost.
Remote Reach establishes an encrypted browser-to-device tunnel that bypasses vendor cloud traffic, supports common IT protocols and industrial serial/COM connections, and enables organizations to manage servers, network gear and industrial equipment in one interface.