Segment Information (Tables)

9 Months Ended

Jun. 30, 2025

Schedule of Segment Reporting Information, by Segment

Summary operating results for each of our segments were (in thousands):


	Three months ended June 30,				Nine months ended June 30,
	2025		2024		2025		2024
Revenue
IoT Products & Services	$	80,032	$	80,003	$	235,638	$	245,416
IoT Solutions	27,482		25,200		80,245		73,578
Total revenue	$	107,514	$	105,203	$	315,883	$	318,994




Gross Profit
IoT Products & Services	$	48,477	$	43,501	$	139,932	$	132,421
IoT Solutions	19,791		18,757		57,667		53,255
Total gross profit	$	68,268	$	62,258	$	197,599	$	185,676

Depreciation and Amortization Expense By Segment

Total depreciation and amortization expense was (in thousands):


	Three months ended June 30,				Nine months ended June 30,
	2025		2024		2024		2023
IoT Products & Services	$	2,916	$	3,111	$	9,262	$	9,316
IoT Solutions	5,385		5,187		15,701		15,098
Total depreciation and amortization expense	$	8,301	$	8,298	$	24,963	$	24,414

Payments to Acquire Property, Plant and Equipment by Segment

Total expended for property, plant and equipment was (in thousands):


	Nine months ended June 30,
	2025		2024
IoT Products & Services	$	1,295	$	581
IoT Solutions*	539		475
Total expended for property, plant and equipment	$	1,834	$	1,056

* Excluded from these amounts are $6,859 and $8,354 of transfers of inventory to property plant and equipment for subscriber assets for the nine months ended June 30, 2025 and 2024, respectively.

Reconciliation of Assets from Segment to Consolidated

Total assets for each of our segments were (in thousands):


	June 30, 2025		September 30, 2024
IoT Products & Services	$	356,276	$	376,998
IoT Solutions	393,961		410,567
Unallocated*	20,104		27,510
Total assets	$	770,341	$	815,075

*Unallocated consists of cash and cash equivalents.

DIGI INTERNATIONAL INC 10-Q