Digi International — Fourth Fiscal Quarter 2026 Earnings Summary

Digi International reported record fourth-quarter fiscal 2026 revenue of $143 million, representing a 25% increase year-over-year, while full-year revenue reached $535 million, a 24% rise. The company achieved an annualized recurring revenue (ARR) of $197 million at the end of the quarter, up 30% from the prior year, driven by organic growth and acquisitions of Particle and Jolt Software. Net income for the quarter was $15 million, and adjusted net income reached $30 million, with adjusted EBITDA increasing to $42 million. Looking ahead to fiscal 2027, Digi projects revenue growth of 10-15% and anticipates ARR growth of at least 15%, targeting $200 million in both ARR and Adjusted EBITDA.