67.13
+6.20%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Digi International
From its filings with the US Securities and Exchange Commission
Digi International is based in Hopkins, Minnesota and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker DGII. The SEC classifies its business as computer communications equipment. In the fiscal year to 30 September 2025, it reported revenue of $430.2m and net income of $40.8m. At that date it held total assets of $922.6m and shareholders' equity of $636.1m. By business, IoT Products & Services brought in 73.9% of revenue, followed by IoT Solutions at 26.1%. By region, North America, primarily United States accounted for 79.5%, followed by Europe, Middle East & Africa at 14.6% and Rest of world at 5.9%.
Digi International Inc. ("Digi®," "we," "our," or "us") was incorporated in 1985 as a Minnesota corporation. We reorganized as a Delaware corporation in 1989 in conjunction with our initial public offering. Our common stock trades on the Nasdaq Global Select Market tier of the Nasdaq Stock Market LLC (the "Nasdaq") under the symbol DGII. Our World Headquarters is located at 9350 Excelsior Blvd., Suite 700, Hopkins, Minnesota 55343. The telephone number at our World Headquarters is (952) 912-3444.
We are a leading global provider of business and mission-critical Internet of Things ("IoT") connectivity products, services and solutions. We help our customers deploy, monitor and manage critical communications infrastructures that deliver important information in demanding environments with high levels of security and reliability. We have two reportable segments under applicable accounting standards: (i) IoT Products & Services; and (ii) IoT Solutions.
Our IoT Products & Services segment offers products and services that help original equipment manufacturers ("OEMs") as well as enterprise and government customers create and deploy secure IoT connectivity solutions. These include embedded and wireless modules, console servers, enterprise and industrial routers as well as other infrastructure management equipment to meet our customers' IoT communication requirements. In addition, this segment provides our customers with device management platform services, as well as other professional services to enable customers to capture and manage data from devices connected to networks.
Quoted from its 10-K, filed 21 Nov 2025. Read the filing on SEC.gov ↗
Company facts
- Sector
- Information Technology
- Industry
- Communications Equipment
- Listed since
- 6 Oct 1989
- Employees
- 913
- Website
- digi.com ↗
- Head office
- 9350 EXCELSIOR BLVD., HOPKINS, MN, 55343
- Incorporated in
- DE
- Classification
- Computer Communications Equipment
- Filer status
- Large accelerated filer
Leadership
Pay as last reported
- Dr. Satbir KhanujaIndependent Non-Executive Chairman of the Board$247,740
- Mr. Ronald KoneznyPresident, Chief Executive Officer, Director, since 2014$5.0m
- Mr. James LochChief Financial Officer, Executive Vice President, Treasurer$2.3m
- Mr. David SampsellExecutive Vice President - Corporate Development, General Counsel, Corporate Secretary$1.5m
- Mr. James FreelandSenior Vice President, Chief Information Officer$917,591
- Mr. Terrence SchneiderSenior Vice President - Supply Chain Management$891,837
- Mr. Christopher HeimIndependent Director$216,740
- Ms. Valerie HeusinkveldIndependent Director$194,288
- Mr. Spiro LazarakisIndependent Director$216,740
- Mr. Hatem NaguibIndependent Director$202,740
- Ms. Allison West HughesIndependent Director$188,288
- Mr. Rob BennettInvestor Relations, since 2024
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 30
- Environment
- 9
- Social
- 36
- Governance
- 44
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Digi International Inc. has a strong market position and is well established in the industry. The company has a diverse product portfolio, offering a wide range of innovative solutions in the field of Internet of Things (IoT) and M2M communications. This enables Digi International to cater to various customer needs and capture different market segments.
- The company possesses advanced technology and expertise in wireless communication, connectivity, and embedded systems. This technical proficiency allows Digi International to provide cutting-edge solutions and stay ahead of the competition. Additionally, the company's strong research and development capabilities ensure continuous product innovation and improvement.
Weaknesses
- One of the weaknesses of Digi International Inc. is its heavy dependence on a few key customers. This dependency poses a risk to the company, as any potential loss or reduction in business from these customers could significantly impact its financial performance.
- Another weakness is the limited brand visibility of Digi International compared to some of its larger competitors. This could hinder the company's ability to attract new customers and gain market share, especially in a highly competitive industry.
Opportunities
- The increasing adoption of IoT and connected devices presents significant growth opportunities for Digi International Inc. As more businesses and industries embrace digital transformation, the demand for Digi's IoT solutions is expected to rise. The company has the opportunity to expand its customer base and penetrate new market sectors.
- There is also potential for Digi International to capitalize on emerging technologies and industry trends. By staying at the forefront of advancements in wireless communication, cloud computing, and data analytics, the company can offer advanced solutions that meet evolving customer needs and gain a competitive edge.
Threats
- One of the threats facing Digi International Inc. is intense competition from both established companies and new market entrants. This competition poses a challenge to market share and pricing power.
- Another threat is the rapid pace of technological advancements, which could lead to obsolescence of Digi's existing products and solutions if the company fails to adapt and innovate accordingly. This highlights the importance of continuous research and development to stay ahead of the curve.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.