Digi International Inc (DGII)

Net profit margin

		Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019
Net income (ttm)	US$ in thousands	22,505	17,007	14,032	15,937	24,770	29,628	27,027	23,975	19,383	12,748	11,779	11,860	10,366	10,211	8,820	7,896	8,411	6,264	6,146	5,484
Revenue (ttm)	US$ in thousands	424,046	431,157	438,190	441,632	444,849	438,424	429,705	413,274	388,225	361,593	337,155	319,743	308,632	302,695	293,954	290,100	279,271	271,062	261,890	254,207
Net profit margin		5.31%	3.94%	3.20%	3.61%	5.57%	6.76%	6.29%	5.80%	4.99%	3.53%	3.49%	3.71%	3.36%	3.37%	3.00%	2.72%	3.01%	2.31%	2.35%	2.16%

September 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $22,505K ÷ $424,046K
= 5.31%

The net profit margin of Digi International Inc has fluctuated over the past several quarters. The trend shows that the net profit margin has been relatively stable around the range of 3% to 6% over the last two years.

In the most recent quarter, ending on September 30, 2024, the net profit margin was 5.31%, which indicates that the company retained 5.31% of its total revenue as net profit after accounting for all expenses and taxes.

The highest net profit margin in the provided data was 6.76% in the second quarter of 2023, while the lowest was 2.16% in the first quarter of 2020.

Overall, the net profit margin of Digi International Inc demonstrates the company's ability to generate profits relative to its revenue, with variations seen across different quarters. Further analysis and comparison with industry peers would provide additional insights into the company's financial performance.