Every 8-K that Digi International Inc (DGII) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow DGII and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DGII filings page.
Digi International Inc. (DGII) has amended and restated its senior secured revolving credit agreement, expanding its revolving credit facility to $350 million and extending maturity to August 27, 2031. The facility replaces a prior $250 million revolver and includes a $10 million letter-of-credit sublimit, a $10 million swingline sub-facility, and a $75 million foreign-currency borrowing sublimit.
The agreement includes an uncommitted accordion feature for additional borrowing capacity of up to the greater of $130 million or 100% of trailing twelve-month EBITDA, plus an unlimited incremental amount subject to a total net leverage ratio of 2.50x. SOFR margins now range from 1.25% to 2.625%, improved from 1.35% to 3.10% under the prior facility, with commitment fees of 0.15%–0.275% on unused commitments. Digi must maintain a minimum interest coverage ratio of 3.00x and a maximum total net leverage ratio of 3.50x, with a covenant holiday permitting up to 4.00x following certain acquisitions.
Digi International Inc. reported record results for the third fiscal quarter of 2026 ended June 30. Revenue was $139 million, up 29% year over year, with gross margin of 64.8% and operating margin of 16.5%. Net income was $16 million, or $0.40 per diluted share, while adjusted net income reached $29 million, up 50%, and Adjusted EBITDA was $40 million, up 47%.
Recurring revenue was a major contributor. Annualized Recurring Revenue was $191 million, up 52% from a year earlier. The IoT Product & Services segment generated $100 million of revenue, up 25%, with ARR of $60 million, while IoT Solutions delivered $39 million of revenue, up 41%, and ARR of $131 million. Both segments expanded operating margins.
Cash generation remained strong, with cash flow from operations of $33 million in the quarter and $110 million year to date, supporting a net debt position of about $81 million at quarter end. Management raised full‑year fiscal 2026 guidance to revenue of $529–$533 million, Adjusted EBITDA of $146.0–$147.5 million, and ARR growth of at least 27% versus fiscal 2025, with Q4 revenue expected between $138 million and $142 million.
Digi International Inc. reported a record second fiscal quarter 2026, driven by strong recurring revenue growth and recent acquisitions. Revenue reached $131 million, up 25% from a year earlier, with gross margin improving to 64.0% and operating margin steady at 13.1%.
Net income was $11.3 million, up 8%, or $0.29 per diluted share, while adjusted net income rose to $24 million, or $0.62 per diluted share. Adjusted EBITDA increased 32% to $34 million, with a 26.3% margin. Annualized Recurring Revenue climbed 50% to $184 million, reflecting contributions from the Jolt and Particle acquisitions and broader subscription growth.
Cash flow from operations was a record $41 million in the quarter versus $26 million a year ago. Digi ended the quarter with $143 million of debt and $32 million in cash and cash equivalents. Management raised fiscal 2026 guidance to 25% ARR growth, 20–22% revenue growth, and 23–26% adjusted EBITDA growth versus fiscal 2025, and now targets third-quarter revenue of $130–$134 million and adjusted EBITDA of $35.5–$37.0 million.
Digi International Inc. approved supplemental one-time performance stock unit awards for two senior executives under its 2021 Omnibus Incentive Plan. These equity awards are tied to specific operational and leadership transition goals over the next several years.
Executive Vice President, Chief Financial Officer and Treasurer James J. Loch received an award eligible to vest into 14,668 shares of common stock. The shares are split into three tranches that may vest on November 1 of 2026, 2027 and 2028 if stated business and software integration milestones are achieved by September 30 of each respective year. Executive Vice President, Corporate Development, General Counsel and Corporate Secretary David H. Sampsell received an award eligible to vest into 12,223 shares as of December 31, 2028, conditioned on providing appropriate assistance in identifying and onboarding successors for the general counsel and corporate development leader roles. All vesting also requires continued service and certification of performance by the Compensation Committee.
Digi International Inc. filed a current report to note that it released a press release covering its financial results for the first fiscal quarter ended December 31, 2025. The company furnished this press release as Exhibit 99.1 to the report.
The report clarifies that the information in the press release is being furnished, not filed, which affects how it is treated under U.S. securities laws. Digi’s common stock continues to trade on the Nasdaq Stock Market under the symbol DGII.
Digi International Inc. (DGII) furnished an 8‑K announcing it issued a press release with financial results for its fourth fiscal quarter and full fiscal year ended September 30, 2025. The press release is attached as Exhibit 99.1.
The information was furnished, not filed under the Exchange Act. Digi’s common stock trades on Nasdaq under the symbol DGII.
Digi International Inc. (DGII) borrowed $150 million under its existing senior secured revolving credit agreement on August 18, 2025 in connection with entering a Merger Agreement. The Credit Facility matures on December 7, 2028 and requires no scheduled principal payments before maturity. After the borrowing, approximately $70 million of availability remained under the facility. The borrowings were priced at the one-month Term Secured Overnight Financing Rate (SOFR) plus a margin of 2.25%, and the facility carries a 0.25% commitment fee. The filing notes that additional material terms, including circumstances that could accelerate or increase obligations, are described in Digi’s prior Current Report filed on December 11, 2023.