Idt(NYSE) IDT

IDT helps families send money and businesses talk to customers. Their tools let small shops handle payments and track sales. They also provide simple ways to call friends abroad.

What Is on the Menu?

• Traditional Communications: International voice and mobile top-ups; generated $208.3 million in revenue in the three months ended April 30, 2026.
• Fintech Services: International money transfers and banking operations; earned $45 million in revenue in Q3 2026.
• National Retail Solutions: Point-of-sale (POS) equipment and software for independent shops; accounted for 12% of total revenue in Q3 2026.
• net2phone: Cloud-based business phone systems and customer interaction tools; generated $24.4 million in revenue in Q3 2026.

Fresh Moves and New Assets

• Purchased the digital media brokerage assets of Oncore Digital, Inc. on May 1, 2026.
• Created a new entity called NRS OnCore to combine advertising technology with retail transaction data.
• Extended the maturity date of its $25 million revolving credit facility to July 15, 2026.

How the Business Stands Out

IDT integrates high-growth software and financial technology segments into its existing global retail network. This structure allows the company to fund new technology ventures with cash generated by its established international calling business.

Tracking Recent Financial Performance

• Revenue grew 4.5% year-over-year to $315.7 million in Q3 2026.
• Gross profit rose 9.4% to $122.5 million for the quarter ended April 30, 2026.
• Operating income climbed 12.5% to $29.8 million in Q3 2026.
• Free cash flow decreased 81% to $13.4 million for the three months ended April 30, 2026.

Bottom Line

IDT has moved from traditional phone services toward high-margin software and financial technology. This shift allows it to fund new digital growth using profits from its established communications segments.