EarningsQ3 2026 Earnings Report
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
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Q3 2026 Earnings Slide Deck
Q3 2026 Earnings Call Summary
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
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
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