StockWatch
·
Telecommunications Equipment
Quarterly ResultJun 3, 2026, 04:37 PM

IDT Corp Reports 3Q26 Revenue $315.7M (+5% YoY); Raises FY26 EBITDA Guidance

AI Summary

IDT Corporation announced its third quarter fiscal year 2026 results, reporting a 5% increase in revenue to $315.7 million and a 9% rise in gross profit to $122.5 million. The company saw significant growth in its high-margin businesses, with income from operations increasing by 12% and Adjusted EBITDA by 13%. The NRS, Fintech, and net2phone segments all reported substantial year-over-year increases in income from operations. IDT also raised its full-year fiscal 2026 Adjusted EBITDA guidance to $150-$152 million.

Key Highlights

  • IDT Corporation reported 3Q26 revenue of $315.7 million, a 5% increase year-over-year.
  • Gross profit increased 9% to $122.5 million, with gross profit margin at 38.8%.
  • Income from operations rose 12% to $29.8 million.
  • Adjusted EBITDA increased 13% to $37.5 million.
  • NRS segment revenue grew 22% to $38.0 million, with income from operations up 33% to $8.2 million.
  • Fintech segment revenue increased 17% to $45.0 million, with income from operations up 29% to $5.6 million.
  • net2phone segment revenue grew 11% to $24.4 million, with income from operations up 76% to $2.4 million.
  • FY 2026 guidance for Adjusted EBITDA was raised to $150-$152 million.