IDT Corporation (IDT)
NYSE:IDT
Want to see IDT full AI Analyst Report?
Earnings Data
Report Date
Jun 04, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.89Last Year’s EPS
0.9Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a broadly positive tone: IDT delivered record profitability metrics, raised fiscal-year adjusted EBITDA guidance, and reported strong segment-level EBITDA growth (net2phone +37% YoY; Fintech +44% YoY) alongside a favorable rotation toward higher-margin businesses (growth segments now 53% of adjusted EBITDA less CapEx). Management also increased shareholder returns (buybacks and a 17% dividend increase) and noted encouraging early traction for AI products. Headwinds include advertising CPM declines, remittance-tax-driven disruption to retail remittance revenues, some seasonal weakness in late-year transactions, higher SG&A in NRS, and ongoing top-line pressure in legacy calling revenues. Overall, the positive operational and financial momentum and the guidance raise outweigh the transitory and market-driven challenges discussed.Company Guidance
Record consolidated profitability metrics
Company reported record levels in gross profit, gross profit margin, adjusted EBITDA, adjusted EBITDA margin and non-GAAP EPS for Q2 FY2026, reflecting continued improvement in consolidated profitability.
Raised FY26 adjusted EBITDA guidance
IDT increased consolidated adjusted EBITDA guidance for fiscal 2026 from $141–$145M to $147–$149M (midpoint +$5M), representing a ~12% increase versus fiscal 2025 actuals.
Strong net2phone margin and EBITDA growth
net2phone delivered a 37% year-over-year increase in adjusted EBITDA to $3.9 million in Q2, driven by strengthening gross margins, operating leverage and favorable FX.
Fintech (BOSS Money) digital transaction growth and profitability
Higher-margin digital channel transactions increased 17% year-over-year; Fintech gross profit rose by $0.15 in Q2 and Fintech adjusted EBITDA grew ~44% year-over-year, driven by mix shift to digital and operational cost advantages.
Revenue and recurring growth at NRS
NRS recurring revenue grew year-over-year, powered by large increases in Merchant Services and SaaS fee revenues, contributing materially to higher-margin segment mix.
Rotation toward higher-margin growth segments
NRS, Fintech and net2phone together contributed 53% of consolidated adjusted EBITDA less CapEx in Q2, up from 45% a year ago, indicating a meaningful shift toward higher-margin businesses.
Traditional Communications remains a strong cash generator
Traditional Communications contributed $19 million in adjusted EBITDA in Q2; BOSS Revolution maintained rocksteady gross profit despite revenue decline, and Traditional adjusted EBITDA declined only ~3.5% in the first six months versus prior year (better than expectations).
Shareholder returns and capital allocation
Company repurchased $15 million of stock in the first six months of FY26 (on track to exceed prior-year buyback pace), and Board increased the annual dividend by 17% to $0.28 per share.
Positive early traction for AI products
AI offerings are receiving very positive customer reviews and increased spend; company is preparing an 'agentic AI' product integrated with unified communications with direct and channel GTM plans.
IDT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IDT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 10, 2026 | $51.57 | $49.77 | -3.50% |
Dec 04, 2025 | $50.16 | $48.65 | -3.00% |
Sep 29, 2025 | $63.86 | $52.17 | -18.30% |
Jun 05, 2025 | $59.72 | $68.31 | +14.39% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does IDT Corporation (IDT) report earnings?
IDT Corporation (IDT) is schdueled to report earning on Jun 04, 2026, After Close (Confirmed).
What is IDT Corporation (IDT) earnings time?
IDT Corporation (IDT) earnings time is at Jun 04, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IDT EPS forecast?
IDT EPS forecast for the fiscal quarter 2026 (Q3) is 0.89.