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 five-year period, DIGI INTERNATIONAL INC. demonstrated overall revenue growth from US$308.6 million in 2021 to US$430.2 million in 2025, with notable acceleration between 2021 and 2023. The revenue jump from roughly US$308.6 million in 2021 to US$444.8 million in 2023 represents an approximate 44% increase, driven perhaps by expanding market penetration in the competitive IoT connectivity sector. Gross profit also followed an upward trajectory, growing from US$166.7 million to US$270.7 million, though growth decelerated slightly in 2024 before reviving in 2025. Operating income experienced marked improvement, surging from US$10.5 million in 2021 to nearly US$56.3 million in 2025—a more than fivefold increase indicating significant operational leverage and enhanced cost management relative to revenue. Net income trends underpin the company’s overall positive performance; a modest increase from US$10.37 million in 2021 to US$24.77 million in 2023 was interrupted by a slight decline in 2024, before a sharp rebound to US$40.8 million in 2025. The dramatic jump in operating income between 2021 and 2022 (an increase of over 260%) and the subsequent robust net income surge in 2025 (about an 81% rise from 2024) highlight possible operational improvements or cost efficiencies that enhanced profitability significantly. Considering DIGI’s focus on secure IoT connectivity—a field characterized by rapid growth but also increasing competition—the financial metrics suggest an improving margin structure and strengthened financial health. Overall, the company appears to be on a sustainable growth path with a solid balance between expanding top-line performance and improving bottom-line efficiency.
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.