Digi International reports record Q2 revenue of $131 million, raises fiscal 2026 outlook
Digi International reported record second-quarter fiscal 2026 revenue of $131 million, up 25%, with net income of $11 million, up 8%, for the quarter ended March 31, 2026. The company raised its fiscal 2026 outlook, now expecting revenue growth of 20-22% and adjusted EBITDA growth of 23-26%. Debt of $143 million and net debt of $111 million at quarter end, after the Particle acquisition, remain a balance sheet consideration for shareholders.
Key points
- Revenue was $131 million, up 25%; net income was $11 million, up 8%; diluted EPS was $0.29, up 4%.
- Fiscal 2026 guidance now calls for ARR growth of 25%, revenue growth of 20-22% and adjusted EBITDA growth of 23-26%.
- Third-quarter revenue is estimated at $130 million to $134 million, and adjusted EBITDA at $35.5 million to $37.0 million.
- Debt was $143 million and cash was $32 million at March 31, 2026, leaving net debt of $111 million after the Particle acquisition in January 2026.
The filing
Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.