DIGI INTERNATIONAL INC
For the period ended Sep 30, 2025. Filed Nov 21, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Nov 21, 2025
DGII$65.05-3.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 8. Consolidated Statements of Cash Flows
| Year ended September 30, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Operating activities: · (in thousands) | |||
| Net income | $40,804 | $22,505 | $24,770 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation of property, equipment and improvements | 11,836 | 8,511 | 6,753 |
| Amortization | 22,409 | 25,106 | 27,203 |
| Write-off of debt issuance costs | — | 9,722 | — |
| Stock-based compensation expense | 15,363 | 13,159 | 13,286 |
| Deferred income tax provision | (6,662) | (11,761) | (12,739) |
| Litigation accrual | — | 5,700 | — |
| Other, net | 42 | (1,540) | (806) |
| Changes in operating assets and liabilities (net of acquisitions): | |||
| Accounts receivable | 7,542 | (13,641) | (5,558) |
| Inventories | 8,228 | 8,786 | (5,062) |
| Other assets | 2,592 | (107) | (1,214) |
| Income taxes | (3,294) | 2,281 | 4,088 |
| Accounts payable | 9,615 | 6,448 | (15,503) |
| Accrued expenses | (516) | 7,923 | 1,533 |
| Net cash provided by operating activities | 107,959 | 83,092 | 36,751 |
| Investing activities: | |||
| Acquisition of businesses, net of cash acquired | (145,702) | — | — |
| Purchase of property, equipment, improvements and certain other intangible assets | (2,630) | (2,226) | (4,345) |
| Proceeds from sales of intangibles | — | 2,229 | — |
| Net cash (used in) provided by investing activities | (148,332) | 3 | (4,345) |
| Financing activities: | |||
| Proceeds from long-term debt | 150,000 | 214,062 | — |
| Payments on long-term debt | (114,300) | (304,725) | (36,375) |
| Proceeds from stock option plan transactions | 3,525 | 2,978 | 3,926 |
| Proceeds from employee stock purchase plan transactions | 2,285 | 2,206 | 2,263 |
| Taxes paid for net share settlement of share-based payment awards | (6,886) | (3,569) | (4,314) |
| Net cash provided by (used in) financing activities | 34,624 | (89,048) | (34,500) |
| Effect of exchange rate changes on cash and cash equivalents | 141 | 1,770 | (1,113) |
| Net decrease in cash and cash equivalents | (5,608) | (4,183) | (3,207) |
| Cash and cash equivalents, beginning of period | 27,510 | 31,693 | 34,900 |
| Cash and cash equivalents, end of period | $21,902 | $27,510 | $31,693 |
| Supplemental disclosures of cash flow information: | |||
| Interest paid | $6,404 | $14,763 | $26,351 |
| Income taxes paid, net | $18,421 | $7,306 | $8,693 |
| Supplemental schedule of non-cash investing and financing activities: | |||
| Accrual for property, equipment, improvements and certain other intangibles assets | $(793) | $(164) | $(277) |
| Transfer of inventory to property, equipment and improvements | $(7,793) | $(12,252) | $(3,889) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.