IDT (IDT) Q3 2026 earnings summary

Executive summary

• Celebrated 30 years as a public company and 25 years on NYSE, highlighting consistent innovation, five public company spin-offs, and long-term stability.

• Achieved $1.3 billion in trailing twelve-month revenue and $147 million in TTM Adjusted EBITDA, with no outstanding debt and $251 million in cash and investments as of April 30, 2026.

• Quarterly revenue for 3Q26 was $315.7 million, up 5% year-over-year, with net income attributable to stockholders of $21.6 million.

• Growth driven by recurring revenue in NRS, digital expansion in Fintech, and increased seats in net2phone.

• Raised full-year FY 2026 Adjusted EBITDA guidance to $150–$152 million, up 15% at midpoint over FY 2025.

Financial highlights

• Consolidated revenue grew 5% year-over-year to $315.7 million for the quarter and $1.3 billion TTM.

• Gross profit increased 9% to $122.5 million; gross margin reached a record 38.8%, up 170 basis points.

• Income from operations rose 12% to $29.8 million; Adjusted EBITDA up 13% to $37.5 million for the quarter and $147 million TTM.

• Net income attributable to shareholders was $21.6 million for the quarter; GAAP EPS $0.87, Non-GAAP EPS $0.94.

• Ended quarter with $251 million in cash equivalents and no outstanding debt.

Outlook and guidance

• Full-year FY 2026 Adjusted EBITDA guidance raised to $150–$152 million, reflecting 15% growth over FY 2025.

• Management expects continued growth in NRS recurring revenue, digital channel, and AI-driven offerings in FY 2027.

• Capital expenditures for the next twelve months expected at $23–24 million, funded by operating cash flow and liquidity.