Digi International reported record third-quarter fiscal 2026 results, with revenue rising 29% to $138.7 million and adjusted EBITDA climbing 47% to $40.4 million. Annualized recurring revenue reached $191 million, up 52%, driven by high software attach rates and the Particle acquisition. The company raised its full-year revenue guidance to $529 million to $533 million and adjusted EBITDA guidance to $146 million to $147.5 million. Management highlighted the successful integration of Jolt and Particle, a new generative AI tool called DANI, and a capital allocation strategy focused on debt reduction and acquisitions.
Digi International IncRecord Q3 results with revenue up 29% and raised full-year guidance.
