IDT Corporation ( (IDT) ) has released its Q3 earnings. Here is a breakdown of the information IDT Corporation presented to its investors.
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IDT Corporation is a global provider of fintech and communications solutions, offering services like international remittances, cloud communications, and retail solutions through its various business segments. The company operates in the fintech and communications sectors, known for its innovative approaches to connecting underserved markets and enhancing communication services.
In its third-quarter 2025 earnings report, IDT Corporation announced a significant increase in profitability, with gross profit rising by 15% year-over-year to $112 million and a record gross profit margin of 37.1%. The company’s income from operations surged by 133% to $27 million, and adjusted EBITDA increased by 57% to $32 million. Earnings per share also saw a substantial rise, with GAAP EPS increasing to $0.86 from $0.22.
Key financial highlights include a 23% increase in recurring revenue for the National Retail Solutions segment, driven by growth in Merchant Services and SaaS Fees. The BOSS Money fintech segment reported a 27% increase in transactions and a 25% rise in revenue, emphasizing a strategic shift towards higher gross profit per transaction. net2phone, another segment of IDT, achieved a 7% increase in subscription revenue and introduced AI Agents to enhance customer experiences.
The Traditional Communications segment, despite a decrease in revenue, reported a 39% increase in income from operations and a 30% rise in adjusted EBITDA, highlighting its role as a cash generator for the company. Overall, IDT’s consolidated revenue grew by 1% to $302 million, with significant improvements in profitability metrics across its business segments.
Looking forward, IDT Corporation remains focused on leveraging its platforms to enhance retailer competitiveness and drive growth in its fintech and communications offerings. The company is actively working on integrating its services with online ordering and delivery platforms and exploring AI-powered solutions to boost efficiency and customer engagement.