Filing Flows › Digi International (DGII) › Q2 FY25
Digi International (DGII) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed May 7, 2025
Digi International (DGII) reported revenue of $105M for the second quarter fiscal 2025 (Q2 FY25), -3% from a year earlier and +0.6% from the quarter before. Operating margin was 13.1%, net earnings $10.5M (10.0% of revenue).
Digi International, Q2 FY25: revenue $105M (-3% year over year), operating margin 13.1%, net earnings $10.5M, operating cash flow $26.3M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $105M | +0.6% | -3% |
| Gross profit | $64.9M | +0.8% | +4% |
| Operating profit | $13.7M | +3% | +68% |
| Net earnings | $10.5M | +4% | +163% |
| Operating cash flow | $26.3M | -12% | +101% |
| Free cash flow | $25.7M | -12% | +105% |
What changed
Revenue was $104.5M in Q2 FY25, down 3% year over year and up 1% from the previous quarter. Product was the largest line at 69% of revenue. Product lost $6.4M year over year (down 8%), 201% of the total change.
Gross margin was 62.1%, up 4.3 points from a year earlier. Operating profit was $13.7M, a 13.1% margin (up 5.6 points year over year). Operating expenses fell 5% while revenue fell 3%. Net earnings were $10.5M, up 163% year over year. The effective tax rate was 15.0%.
Operating cash flow was $26.3M (up 101% year over year), 250% of net earnings. Non-cash charges added back $2.9M of depreciation and $3.9M of share-based compensation. Working capital and other items added $8.9M. Capital expenditures of $558K left free cash flow of $25.7M.
Questions
What was Digi International's revenue in the second quarter fiscal 2025?
Digi International (DGII) reported revenue of $105M for the second quarter fiscal 2025 (Q2 FY25), -3% from a year earlier and +0.6% from the quarter before.
Was Digi International profitable in the second quarter fiscal 2025?
Operating profit was $13.7M (13.1% of revenue) and net earnings $10.5M.
Source: Digi International 10-Q on SEC EDGAR.