# IDT Corporation (IDT) Q4 2025 Financial Results Summary
**Release Date:** September 29, 2025
IDT Corporation (NYSE: IDT), a global provider of fintech and communications solutions, reported its financial results for the fourth quarter (Q4) and the full fiscal year (FY) 2025, which ended on July 31, 2025. The following key metrics outline the company’s performance for the period.
## Overview of Financial Results
### Q4 2025 Highlights
– **Gross Profit:** Increased by **12%** to **$114 million**
– **Income from Operations:** Rose by **9%** to **$22 million**
– **Adjusted EBITDA:** Grew by **33%** to **$33 million**
– **EPS (GAAP):** Declined to **$0.67** from **$1.45**
– **Non-GAAP EPS:** Increased to **$0.76** from **$0.57**
### FY 2025 Highlights
– **Gross Profit:** Increased by **14%** to **$446 million**
– **Income from Operations:** Jumped by **55%** to **$100 million**
– **Adjusted EBITDA:** Up by **43%** to **$129 million**
– **EPS (GAAP):** Rose to **$3.01** from **$2.54**
– **Non-GAAP EPS:** Increased to **$3.19** from **$1.95**
– **Share Repurchase:** 221,823 shares repurchased for **$10.1 million**
### Key Business Segments Performance
1. **National Retail Solutions (NRS)**
– **Recurring Revenue:** Increased by **22%** to **$32.6 million**
– **Income from Operations:** Decreased by **3%** to **$5.8 million**
– **Adjusted EBITDA:** Grew by **32%** to **$9.3 million**
– **’Rule of 40′ Score:** Achieved a score of **49**
2. **BOSS Money / Fintech Segment**
– **Digital Revenue:** Increased by **31%** to **$27.6 million**
– **Total Revenue:** Increased by **21%** to **$38.2 million**
– **Segment Income from Operations:** Increased by **88%** to **$4.8 million**
– **Adjusted EBITDA:** Rose by **267%** to **$5.5 million**
3. **net2phone**
– **Subscription Revenue:** Increased by **8%** to **$22.2 million** (or **9%** on a constant currency basis)
– **Income from Operations:** Jumped by **74%** to **$1.5 million**
– **Adjusted EBITDA:** Grew by **42%** to **$3.5 million**
4. **Traditional Communications**
– **Gross Profit:** Increased by **2%** to **$41.0 million**
– **Income from Operations:** Grew by **11%** to **$15.4 million**
– **Adjusted EBITDA:** Rose by **8%** to **$17.6 million**
### Other Financial Metrics
– **Total Consolidated Revenue:** Increased by **3%** to **$316.6 million**
– **Net Income Attributable to IDT:** Decreased to **$16.9 million** from **$36.8 million** due to a prior year tax benefit of **$23.6 million**
– **Adjusted Net Cash from Operating Activities in Q4 2025:** Increased to **$37.1 million** from **$28.5 million** in Q4 2024
– **Total Cash on Hand as of July 31, 2025:** **$253.8 million**
### Dividend Declaration
– On **September 22, 2025**, IDT’s Board of Directors declared a quarterly cash dividend of **$0.06** per share, payable on **October 10, 2025**.
Overall, IDT’s Q4 2025 results showcase continued growth in key business segments, marked by significant increases in gross profit, adjusted EBITDA, and various operating metrics, despite a reported decrease in net income due to tax-related benefits from the previous year. The company plans further investments in growth initiatives based on this promising financial foundation.
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| REVENUES | $ 1,231,495 | $ 1,205,778 | $ 1,238,854 |
| DIRECT COST OF REVENUES | $ 785,300 | $ 815,621 | $ 881,614 |
| GROSS PROFIT | $ 446,195 | $ 390,157 | $ 357,240 |
| OPERATING EXPENSES: | |||
| Selling, general and administrative | $ 287,567 | $ 270,207 | $ 243,159 |
| Technology and development | $ 50,964 | $ 50,554 | $ 47,988 |
| Severance | $ 898 | $ 1,698 | $ 935 |
| Other | $ 6,342 | $ 2,945 | $ 4,415 |
| TOTAL OPERATING EXPENSES | $ 345,771 | $ 325,404 | $ 296,497 |
| INCOME FROM OPERATIONS | $ 100,424 | $ 64,753 | $ 60,743 |
| INTEREST INCOME, NET | $ 6,127 | $ 4,769 | $ 3,147 |
| OTHER EXPENSE, NET | $ (713) | $ (7,612) | $ (3,083) |
| INCOME BEFORE INCOME TAXES | $ 105,838 | $ 61,910 | $ 60,807 |
| (Provision for) / benefit from income taxes | $ (24,699) | $ 6,354 | $ (16,441) |
| NET INCOME | $ 81,139 | $ 68,264 | $ 44,366 |
| Net income attributable to noncontrolling interests | $ (5,045) | $ (3,810) | $ (3,874) |
| NET INCOME ATTRIBUTABLE TO IDT CORPORATION | $ 76,094 | $ 64,454 | $ 40,492 |
| EARNINGS PER SHARE ATTRIBUTABLE TO IDT CORPORATION COMMON STOCKHOLDERS: | |||
| Basic | $ 3.02 | $ 2.55 | $ 1.59 |
| Diluted | $ 3.01 | $ 2.54 | $ 1.58 |
| Weighted-average number of shares used in calculation of earnings per share: | |||
| Basic | 25,188 | 25,241 | 25,517 |
| Diluted | 25,295 | 25,398 | 25,577 |
| Stock-based compensation included in total operating expenses | $ 3,074 | $ 7,397 | $ 4,518 |
| ASSETS | 2025 | 2024 |
|---|---|---|
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $ 226,505 | $ 164,557 |
| Restricted cash and cash equivalents | $ 115,327 | $ 90,899 |
| Debt securities | $ 21,649 | $ 23,438 |
| Equity investments | $ 5,637 | $ 5,009 |
| Trade accounts receivable | $ 42,867 | $ 42,215 |
| Settlement assets, net | $ 28,014 | $ 22,186 |
| Disbursement prefunding | $ 37,097 | $ 30,736 |
| Prepaid expenses | $ 14,505 | $ 17,558 |
| Other | $ 28,702 | $ 25,927 |
| TOTAL CURRENT ASSETS | $ 520,303 | $ 422,525 |
| Property, plant, and equipment, net | $ 38,869 | $ 38,652 |
| Goodwill | $ 26,488 | $ 26,288 |
| Other intangibles, net | $ 5,056 | $ 6,285 |
| Equity investments | $ 6,658 | $ 6,518 |
| Operating lease right-of-use assets | $ 1,878 | $ 3,273 |
| Deferred income tax assets, net | $ 18,790 | $ 35,008 |
| Other assets | $ 8,161 | $ 11,546 |
| TOTAL ASSETS | $ 626,203 | $ 550,095 |
| LIABILITIES, REDEEMABLE NONCONTROLLING INTEREST, AND EQUITY | ||
| CURRENT LIABILITIES: | ||
| Trade accounts payable | $ 19,435 | $ 24,773 |
| Accrued expenses | $ 97,295 | $ 103,176 |
| Deferred revenue | $ 27,726 | $ 30,364 |
| Customer funds deposits | $ 114,708 | $ 91,893 |
| Settlement liabilities | $ 13,922 | $ 12,764 |
| Other | $ 19,910 | $ 16,374 |
| TOTAL CURRENT LIABILITIES | $ 292,996 | $ 279,344 |
| Operating lease liabilities | $ 1,103 | $ 1,533 |
| Other liabilities | $ 1,688 | $ 2,662 |
| TOTAL LIABILITIES | $ 295,787 | $ 283,539 |
| Commitments and contingencies | ||
| Redeemable noncontrolling interest | $ 11,459 | $ 10,901 |
| EQUITY: | ||
| IDT Corporation stockholders’ equity: | ||
| Preferred stock, $.01 par value; | — | — |
| Class A common stock, $.01 par value; | $ 33 | $ 33 |
| Class B common stock, $.01 par value; | $ 285 | $ 282 |
| Additional paid-in capital | $ 308,111 | $ 303,510 |
| Treasury stock, at cost | $(143,853) | $(126,080) |
| Accumulated other comprehensive loss | $(16,569) | $(18,142) |
| Retained earnings | $ 157,124 | $ 86,580 |
| Total IDT Corporation stockholders’ equity | $ 305,131 | $ 246,183 |
| Noncontrolling interests | $ 13,826 | $ 9,472 |
| TOTAL EQUITY | $ 318,957 | $ 255,655 |
| TOTAL ASSETS | $ 626,203 | $ 550,095 |
