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Digi International Inc. (DE:DGI)
FRANKFURT:DGI
Germany Market
EarningsQ3 2026 Earnings Report

Digi International (DGI) Q3 2026 Earnings Report

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DE:DGI Q3 2026 EPS Results

Actual EPS€0.67
Consensus EPS€0.59
Beat/MissBeat by +€0.08
One Year Ago EPS€0.47

DE:DGI Q3 2026 Revenue Results

Actual Revenue€123.72M
Expected Revenue€118.28M
Beat/MissBeat by +€5.44M
YoY Revenue Growth+28.98%

Earnings Announcement Details

QuarterQ3 2026
Date08/05/2026
TimeAfter Close
Conference CallWednesday, August 5, 2026
DE:DGI Upcoming Earnings
Digi International's next earnings date is estimated for November 18, 2026, based on past reporting schedules.

Q3 2026 Earnings Call Audio

DE:DGI Q3 2026 Earnings Call
0:00 / 0:00

Q3 2026 Earnings Slide Deck

Q3 2026 Earnings Call Summary

Q3 2026
Earnings Call Date:Aug 05, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call presented strong operational and financial momentum: record quarterly revenue, robust gross margins, record adjusted EBITDA margin, accelerating ARR, improved cash flow, reduced net debt and constructive M&A integration. Management raised both quarterly and full-year guidance and highlighted product, solutions and AI-driven demand. Headwinds discussed were manageable: supply chain constraints, potential margin mix variability, longer sales cycles for hyperscalers, and days-to-win not fully normalized. Overall the positives substantially outweigh the risks.
Company Guidance
In the call management raised forward guidance after a strong Q3 beat: Q3 revenue was $139.0M (+29% YoY) with 64.8% gross margin, $33M cash from operations (+38% YoY), record ARR of $191M, and adjusted EBITDA of $40M (29.1% margin); for Q4 they forecast revenue $138–142M, adjusted EBITDA $40–41.5M and adjusted EPS $0.75–0.78 on ~39.1M shares; full-year guidance was raised to $529–533M revenue (+23.5% YoY), adjusted EBITDA $146–147.5M (+35.5% YoY), adjusted EPS $2.67–2.70, ARR growth of at least 27% (annualized ARR ≈ $193M), net debt ~$81M (leverage well below 1x), and management noted cash conversion >100% and continued operating leverage driving profits faster than revenue.
Record Quarterly Revenue
Reported Q3 revenue of $139 million, up 29% year-over-year, and management characterized the quarter as a record result.
Strong Profitability and Margins
Quarterly gross margin of 64.8% and record adjusted EBITDA margin of 29.1% (adjusted EBITDA of $40 million) demonstrating operating leverage and profit growth ahead of revenue.
Cash Flow Strength
Cash flow from operations of $33 million, up 38% year-over-year, with cash conversion in excess of 100% (operating cash generation exceeding year-to-date adjusted EBITDA on an annualized basis).
Recurring Revenue Momentum (ARR)
Annual recurring revenue (ARR) reached a record $191 million this quarter; management expects ARR to be at least 27% year-over-year for the full year and cited annualized recurring revenues reaching at least $193 million as they trend toward the $200 million ARR objective.
Raised Guidance and Full-Year Upside
Increased Q4 guidance to $138–$142 million in revenue with adjusted EBITDA of $40–$41.5 million and adjusted EPS $0.75–$0.78. Full-year guidance raised to $529–$533 million in revenue (up 23.5% YOY), adjusted EBITDA $146–$147.5 million (up 35.5% YOY), and adjusted EPS $2.67–$2.70.
Balance Sheet and M&A Progress
Net debt (debt net of cash) reduced to $81 million with leverage well below 1. Management reported successful integrations of recent acquisitions (Jolt and Particle) that met integration targets and are contributing to ARR and profitability.
Product & Commercial Execution
Balanced contribution from product, services and solutions (including Ventus and SmartSense), higher attach rates, pipeline growth across all stages, and improving sales "days to win" driven by customer urgency and AI/data center demand.
AI Product Launch — DANI
Introduced DANI (Digi Artificial Network Intelligence), an embedded natural-language AI agent in Digi Remote Manager designed to improve customer operations, training and adoption; management sees runway for usage growth and potential monetization later.

DE:DGI Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Nov 18, 2026
2026 (Q4)
0.68 / -
0.5―
2026 (Q3)
0.59 / 0.67
0.47341.51% (+0.20)
2026 (Q2)
0.52 / 0.55
0.45521.57% (+0.10)
2026 (Q1)
0.49 / 0.50
0.44612.00% (+0.05)
2025 (Q4)
0.45 / 0.50
0.4647.69% (+0.04)
Aug 06, 2025
2025 (Q3)
0.44 / 0.47
0.4466.00% (+0.03)
2025 (Q2)
0.41 / 0.46
0.4374.08% (+0.02)
2025 (Q1)
0.42 / 0.45
0.4284.17% (+0.02)
2024 (Q4)
0.42 / 0.46
0.4640.00% (0.00)
2024 (Q3)
0.44 / 0.45
0.4460.00% (0.00)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed