IDT Corp income statement
In fiscal 2026, IDT Corp reported revenue of $1.30bn, up 5.4% on the year before, operating income of $121m (a 9.3% margin) and net income of $86.6m, or $3.46 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Jul 2010 | 2011Jul 2011 | 2012Jul 2012 | 2013Jul 2013 | 2014Jul 2014 | 2015Jul 2015 | 2016Jul 2016 | 2017Jul 2017 | 2018Jul 2018 | 2019Jul 2019 | 2020Jul 2020 | 2021Jul 2021 | 2022Jul 2022 | 2023Jul 2023 | 2024Jul 2024 | 2025Jul 2025 | 2026Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,194 | 1,351 | 1,506 | 1,621 | 1,652 | 1,597 | 1,496 | 1,502 | 1,547 | 1,409 | 1,346 | 1,447 | 1,364 | 1,239 | 1,206 | 1,231 | 1,298 |
| Cost of revenue | 967 | 1,120 | 1,269 | 1,356 | 1,367 | 1,328 | 1,247 | 1,276 | 1,306 | — | — | — | 1,039 | 882 | 816 | 785 | 801 |
| Gross profit | 226 | 232 | 237 | 265 | 284 | 268 | 250 | 226 | 241 | — | — | — | 325 | 357 | 390 | 446 | 497 |
| Research and development | 3 | 3 | 5 | 7 | 10 | 2 | — | — | — | — | — | — | 47 | 48 | 51 | 51 | 56 |
| Selling, general and administrative | 195 | 202 | 207 | 218 | 229 | 222 | 205 | 188 | 203 | 204 | 215 | 218 | 217 | 243 | 270 | 288 | 318 |
| Operating income | 1 | 7 | −7 | 29 | 30 | 93 | 26 | 6 | 8 | −1 | 18 | 57 | 60 | 61 | 65 | 100 | 121 |
| Net interest income | −5 | −4 | −3 | −1 | −0 | −0 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 3 | 5 | 6 | — |
| Provision for credit losses | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 4 | 7 | 6 |
| Income before tax | −2 | 8 | −12 | 34 | 25 | 92 | 29 | 8 | 8 | 0 | 18 | 65 | 35 | 61 | 62 | 106 | 130 |
| Income tax | −9 | −13 | −43 | 16 | 4 | 6 | 4 | −2 | 3 | 0 | −4 | −32 | 6 | 16 | −6 | 25 | 35 |
| Net income | 20 | 27 | 39 | 12 | 19 | 84 | 24 | 8 | 4 | 0 | 21 | 96 | 27 | 40 | 64 | 76 | 87 |
| Diluted EPS | $0.94 | $1.19 | $1.75 | $0.52 | $0.82 | $3.63 | $1.03 | $0.35 | $0.17 | $0.01 | $0.81 | $3.70 | $1.03 | $1.58 | $2.54 | $3.01 | $3.46 |
| Diluted shares (average) | 22m | 22m | 22m | 22m | 23m | 23m | 23m | 23m | 25m | 25m | 26m | 26m | 26m | 26m | 25m | 25m | 25m |
| EBITDA | 34 | 28 | 10 | 44 | 46 | 111 | 47 | 27 | 31 | 22 | 38 | 75 | 78 | 81 | 85 | 121 | 143 |
| Quarter | 2025 Q1Oct 2024 | 2025 Q2Jan 2025 | 2025 Q3Apr 2025 | 2025 Q4Jul 2025 | 2026 Q1Oct 2025 | 2026 Q2Jan 2026 | 2026 Q3Apr 2026 | 2026 Q4Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 310 | 303 | 302 | 317 | 323 | 321 | 316 | 339 |
| Cost of revenue | 202 | 191 | 190 | 202 | 205 | 199 | 193 | 204 |
| Gross profit | 108 | 112 | 112 | 114 | 118 | 121 | 123 | 135 |
| Research and development | 13 | 13 | 13 | 13 | 14 | 14 | 14 | 14 |
| Selling, general and administrative | 71 | 71 | 72 | 74 | 74 | 79 | 79 | 87 |
| Operating income | 24 | 28 | 27 | 22 | 31 | 27 | 30 | 33 |
| Net interest income | 1 | 1 | 2 | 2 | 2 | 2 | — | — |
| Provision for credit losses | — | — | — | 3 | — | — | — | 2 |
| Income before tax | 25 | 30 | 31 | 20 | 32 | 29 | 32 | 36 |
| Income tax | 6 | 8 | 8 | 3 | 8 | 6 | 9 | 12 |
| Net income | 17 | 20 | 22 | 17 | 22 | 21 | 22 | 22 |
| Diluted EPS | $0.68 | $0.80 | $0.86 | $0.67 | $0.89 | $0.84 | $0.87 | $0.87 |
| EBITDA | 29 | 34 | 32 | 27 | 36 | 33 | 35 | 39 |
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