What happened
On September 28, 2026, IDT Corporation (NYSE: IDT) said fiscal 2026 revenue rose 5% to $1,298.0 million. Gross profit rose to $496.8 million, up 11%, and Adjusted EBITDA rose 17% to $154.6 million. Income from operations rose 21% to $121.2 million.
For the fourth quarter, revenue rose 7% to $339.0 million. Gross profit rose 18% to $134.8 million. Adjusted EBITDA rose 22% to $41.2 million. NRS, Fintech and net2phone all posted higher quarterly results. Traditional Communications revenue rose 2% to $222.0 million. IDT said it had no outstanding debt at quarter end. net2phone subscription revenue rose 11% to $94.9 million for FY 2026.
Key numbers
| Metric | Latest | Change | Source |
|---|---|---|---|
| 4Q26 revenue | $339.0 million | +7% | SEC 8-K |
| 4Q26 gross profit | $134.8 million | +18% | SEC 8-K |
| 4Q26 Adjusted EBITDA | $41.2 million | +22% | SEC 8-K |
| FY 2026 gross profit | $496.8 million | +11% | SEC 8-K |
| FY 2026 Adjusted EBITDA | $154.6 million | +17% | SEC 8-K |
| FY 2026 Fintech segment revenue | $176.0 million | +14% | SEC 8-K |
Why it matters
In 4Q26, BOSS Money digital revenue rose 22% to $33.7 million. Fintech segment Adjusted EBITDA rose 17% to $6.5 million. Digital transactions were 88.1% of total BOSS Money transactions in 4Q26. NRS revenue rose 24% to $159.4 million for FY 2026, and NRS Adjusted EBITDA rose 30% to $45.8 million. Traditional Communications Adjusted EBITDA rose 1% to $77.3 million for FY 2026, but gross profit fell 4%.
The counterargument is that adjusted net cash provided by operating activities fell to $60.9 million from $107.8 million. That keeps the case tied to execution and cash, not just reported growth.
What's next
IDT said FY 2027 consolidated gross profit is expected to be $545 million to $555 million. Adjusted EBITDA is expected to be $176 million to $180 million. It said each operating segment will contribute to that growth. The board also declared a quarterly cash dividend of $0.07 per share, payable on October 14, 2026, to stockholders of record on October 5, 2026.
IDT will host an earnings conference call beginning at 5:30 PM Eastern today. A replay will be available about three hours after the call ends through October 12, 2026. A result near those ranges would support the case. A miss would weaken it.
Sources
- IDT Corporation Reports Record Fourth Quarter and Fiscal Year 2026 Results — Exhibit 99.1 furnished on Form 8-K with fourth quarter and fiscal year 2026 results and FY 2027 guidance.
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Originally published on OptimistFi, evidence-first equity research. More at optimistfi.com.
