DIGI INTERNATIONAL INC
Close on Oct 19, 2026
- Market cap
- $2.85B
- P/E (TTM)
- 58.1
- Dividend yield
- –
About Digi International
Computer Communications Equipment, SIC 3576
Digi International Inc. provides business- and mission-critical Internet of Things connectivity hardware, software, and services. The company operates through two main business segments: IoT Products & Services and IoT Solutions. Its IoT Products & Services segment offers cellular and radio-frequency modules, cellular routers, console servers, embedded systems, and device management platforms. These offerings serve original equipment manufacturers, government entities, and enterprise customers. The IoT Solutions segment delivers managed network-as-a-service, condition-based monitoring, task management, and workforce compliance services through brands including SmartSense by Digi, Jolt, and Ventus. This segment targets organizations across food service, healthcare, retail, banking, and supply chain industries.
The company operates globally and maintains a workforce of 913 employees. Contract manufacturing operations and component foundries are located across Thailand, Mexico, Taiwan, and Cambodia, alongside specialized hardware manufacturing in China. Digi International's corporate headquarters is located in Hopkins, Minnesota.
Summary of the business section of Digi International's latest annual report, written by StockData.
Company profile
Company
- Legal name
- DIGI INTERNATIONAL INC
- Founded
- 1985
- Headquarters
- Hopkins, MN
- Address
- 9350 Excelsior Blvd., Suite 700 55343
- Phone
- (952) 912-3444
- Website
- digi.com
- Employees
- 913, Sep 30, 2025
- Industry
- Computer Communications Equipment
- Incorporated in
- Delaware
- Fiscal year ends
- September 30
- Auditor
- Deloitte & Touche LLP, Minneapolis, Minnesota
Stock & identifiers
- Ticker
- DGII
- Exchange
- Nasdaq
- IPO date
- Oct 6, 1989
- Shares outstanding
- 38M, Jul 31, 2026
- Public float
- $1.01B, Mar 31, 2025
- Filer category
- Large accelerated filer
- Stock splits
- 3-for-2, Apr 1, 1992; 2-for-1, Mar 4, 1991
- SEC CIK
- 854775
- CUSIP
- 253798102
- ISIN
- US2537981027
- LEI
- 529900KG656HGROI4N27
- EIN
- 41-1532464
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Ronald Konezny | PRESIDENT AND CEO, Director | 610,180 |
| James J. Loch | SR VP, CFO AND TREASURER | 167,589 |
| James E. Freeland | VP, Chief Information Officer | 19,219 |
| David H. Sampsell | VP, CORP. DEV, GC & CORP. SEC. | 83,228 |
| Terrence G. Schneider | VP, SUPPLY CHAIN | 26,759 |
| Christopher Heim | Director | 64,588 |
| Valerie A. Heusinkveld | Director | 8,208 |
| Satbir Khanuja | Director | 85,298 |
| Spiro C. Lazarakis | Director | 83,010 |
| Hatem H. Naguib | Director | 40,866 |
| Hughes Allison West | Director | 8,208 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Ronald E. Konezny | $5.00M | $5.72M | $1.40M | $233 | $146 |
| FY2024 Ronald E. Konezny | $2.91M | $2.85M | $897.56K | $176 | $121 |
| FY2023 Ronald E. Konezny | $8.68M | $5.16M | $1.57M | $196 | $98 |
| FY2022 Ronald E. Konezny | $3.06M | $7.19M | $555.70K | $221 | $80 |
| FY2021 Ronald E. Konezny | $2.43M | $4.32M | $765.93K | $135 | $110 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“Digi’s workforce consists of 913 employees globally as of September 30, 2025.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Dec 5, 2022 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Nov 2, 2021 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Dec 16, 2019 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Dec 16, 2016 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Oct 29, 2015 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 28, 2008 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Apr 25, 2008 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jul 27, 2006 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| May 26, 2005 | Acquisition / sale | Completion of acquisition or disposition of assets (8-K Item 2.01) |
| Nov 29, 2001 | Merger | Registration of securities for a merger or exchange offer (S-4) |