Edwyn
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $309 | $388 | $445 | $424 | $430 |
| Gross Profit | $167 | $216 | $252 | $250 | $271 |
| Operating Income | $11 | $38 | $50 | $48 | $56 |
| Net Income | $10 | $19 | $25 | $23 | $41 |
Over the past five years, DIGI INTERNATIONAL INC. has demonstrated a generally positive financial trajectory with marked improvements in profitability, despite some volatility in revenue trends. Revenues grew impressively from $308.6 million in 2021 to $444.8 million in 2023, with a notable approximately 26% jump from 2021 to 2022. However, the momentum slowed in subsequent years as revenue declined by about 4.7% in 2024 before modestly rebounding in 2025. Gross profit followed a similar upward trend—from $166.7 million in 2021 to a peak of $252.2 million in 2023—before a slight dip in 2024, and then modestly recovered in 2025. Operating income saw a significant leap, increasing from $10.5 million in 2021 to $38.2 million in 2022, and further climbing to $56.3 million by 2025, indicating substantial improvements in operational efficiency and scale. Net income also rose from $10.4 million in 2021 to $24.8 million in 2023, experienced a minor setback in 2024, but then surged to $40.8 million in 2025—a sharp jump that stands out as a significant year-over-year increase, suggesting either improved cost structures or favorable financial adjustments. In the context of the IoT and wireless networking industry—a sector known for rapid technological changes and cyclical market conditions—the company’s enhanced margins and profitability are encouraging. While the slowdown in revenue growth and momentary dips in profitability suggest sensitivity to market factors, DIGI INTERNATIONAL’s ability to boost operating and net income indicates strong operational management. Overall, the company appears financially healthy with a commendable push toward efficiency and profitability, though continued vigilance will be essential to sustain growth in a competitive and evolving industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.