IDT Corporation provides communications and payment services in the United States, the United Kingdom, and internationally. It operates in four segments: National Retail Solutions, Fintech, Net2phone, and Traditional Communications. The company offers point-of-sale platforms, international money remittance, unified communications, digital payments, and wholesale telecom solutions. IDT Corporation was incorporated in 1978 and is headquartered in Newark, New Jersey.
IDT Posts 7% Q4 Revenue Rise as Growth Segments Reach 53% of EBITDA
IDT Corporation reported fiscal 2026 fourth-quarter revenue up 7% to $339.0 million, with gross margin widening 360 basis points to 39.8%, as three growth segments now generate 53% of consolidated adjusted EBITDA before corporate overhead while contributing just a third of revenue. National Retail Solutions, the company's point-of-sale business for independent retailers, saw revenue jump 31% to $45.0 million and adjusted EBITDA climb 47%, lifting its Rule of 40 score to 60 from 49 a year earlier. At BOSS Money, 88% of transactions now originate in IDT's own apps, helping lift the Fintech segment's gross margin by 650 basis points to 65.6%, while net2phone ended the year with 447,000 seats, up 6%, and adjusted EBITDA there rose 26% to $4.4 million. The legacy Traditional Communications segment still brought in $222.0 million of fourth-quarter revenue, up 2%, but BOSS Revolution calling revenue fell 10% and retail money-transfer revenue from the retailer agent channel dropped 17% after a new federal tax on cash-originated remittances. Management is guiding to $176 million to $180 million of adjusted EBITDA for fiscal 2027, and IDT holds $271.9 million in cash and liquid investments with no debt.
IDT · Capital · Positive IDT reported Q4 revenue up 7% to $339.0M with gross margin widening 360bp to 39.8% and guided FY2027 adjusted EBITDA of $176-180M.
IDT · Regulation · Negative A new federal tax on cash-originated remittances cut retail money-transfer revenue from the retailer agent channel by 17%.
IDT Posts Record FY2026 Results, Guides FY2027 Adjusted EBITDA to $176M-$180M
IDT Corporation reported record fourth quarter and full fiscal year 2026 results, with fourth quarter gross profit rising 18% to $134.8 million and income from operations climbing 52% to $33.2 million. For the full fiscal year, revenue grew 5% to $1,298.0 million, income from operations rose 21% to $121.2 million, and Adjusted EBITDA increased 17% to $154.6 million. Within the quarter, the NRS segment posted revenue of $45.0 million, up 31%, while the Fintech segment, which includes BOSS Money, grew revenue 12% to $47.1 million and net2phone subscription revenue rose 10% to $24.5 million. For fiscal 2027, IDT expects consolidated gross profit of $545 million to $555 million and Adjusted EBITDA of $176 million to $180 million, with each operating segment contributing to that growth. The board also declared a quarterly cash dividend of $0.07 per share payable October 14, 2026, to stockholders of record as of October 5, 2026.
IDT Corporation Set to Report Q4 2026 Earnings Monday
IDT Corporation is scheduled to announce its Q4 earnings results on Monday, September 28th, after market close. The consensus EPS estimate is $0.98, up 28.9% year over year, while the consensus revenue estimate is $319M, up 0.8% year over year. Over the last 2 years, IDT has beaten EPS estimates 100% of the time and has beaten revenue estimates 100% of the time.
IDT · Capital · Neutral IDT Corporation is set to report Q4 earnings Monday with consensus EPS of $0.98 and revenue of $319M; the article previews the upcoming earnings event without stating a result.
NRSInsights Reports August Same-Store Sales Down 1.1%
NRSInsights reported that August 2026 same-store sales at independent retailers on its network decreased 1.1% year-over-year, following a 3.3% increase in July. Units sold fell 1.6% and baskets per store dropped 3.1% compared to a year earlier, while the average price of top-selling items rose 1.7%, unchanged from July. The data, based on approximately 254 million transactions from about 26,200 stores, showed regional weakness led by the Washington DC metro area, with the Midwest and Great Lakes outperforming. NRSInsights is a unit of IDT Corporation, whose POS terminals processed $2.3 billion in sales across 155 million transactions during August.
IDT Corporation highlighted the expanding contribution of its higher-margin growth businesses during a company presentation, while executives said the company will wait for larger business scale and more favorable capital-market conditions before reconsidering a potential net2phone spin-off. The growth businesses—National Retail Solutions, BOSS Money, and net2phone—now account for about one-third of revenue and two-thirds of gross profit, and together grew revenue 17% year over year in the latest quarter. NRS reached $141 million in trailing-12-month recurring revenue, BOSS Money benefited from accelerating digital remittances, and net2phone posted a record 17% adjusted EBITDA margin after subscription revenue rose 12% year over year. IDT ended the quarter with $251 million in cash and no debt, while consolidated adjusted EBITDA rose 13% to $37.5 million. The net2phone spin-off remains delayed as IDT seeks greater scale and more favorable market conditions.
IDT · Capital · Positive IDT highlighted growth businesses now one-third of revenue and two-thirds of gross profit, with consolidated adjusted EBITDA up 13% to $37.5M and $251M cash with no debt.
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