IDT CORP financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data IDT CORP files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	1,502	1,547	1,409	1,346	1,447	1,364	1,239	1,206	1,231	1,298
Cost of revenue	1,276	1,306				1,039	882	816	785	801
Gross profit	226	241				325	357	390	446	497
Research and development						47	48	50.6	51	55.7
Selling, general and administrative	188	203	204	215	218	217	243	270	288	318
Operating expenses	1,486	1,537	1,402	1,323	1,391	265	296	325	346	376
Operating income	5.55	8.38	-1.01	17.9	57	60.1	60.7	64.8	100	121
Other non-operating income	0.82	-1.35	0.68	-1.27	7.92	-25.4	-3.08	-7.61	-0.71	2.25
Pre-tax income	7.62	8.1	0.45	17.7	65.2	34.9	60.8	61.9	106	130
Income tax	-2.02	2.9	0.12	-3.7	-31.7	5.88	16.4	-6.35	24.7	34.9
Net income to minority interests	1.46	0.99	0.2	-0.01	0.42	1.98	3.87	3.81	5.05	8.46
Net income	8.18	4.21	0.13	21.4	96.5	27	40.5	64.5	76.1	86.6
EBITDA	27.3	31.2	21.6	38.3	74.8	78.2	80.9	85.1	121	143
EPS, basic	0.35	0.17	0.01	0.82	3.78	1.05	1.59	2.55	3.02	3.47
EPS, diluted	0.35	0.17	0.01	0.81	3.70	1.03	1.58	2.54	3.01	3.46
Shares, basic (weighted)	23.2	24.7	25.3	26.3	25.5	25.8	25.5	25.2	25.2	25
Shares, diluted (weighted)	23.3	24.7	25.3	26.4	26.1	26.4	25.6	25.4	25.3	25
Dividend per share	0.76	0.56						0.10	0.22	0.26

Balance sheet

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Cash and equivalents	90.3	74	80.2	84.9	107	98.4	104	165	227	221
Short-term investments	58.3	5.97
Receivables	65	70.7	58.1	44.2	46.6	39.5	32.1	42.2	44.9	60.8
Other current assets	18.7	28.4	24.7	19.3	16.8	23.6	28.4	25.9	28.7	30.9
Total current assets	371	329	368	322	388	363	387	423	520	655
Property, plant and equipment	89	36.1	34.4	30.1	30.8	36.9	38.7	38.7	38.9	41.9
Lease right-of-use assets				9.49	7.67	7.21	5.54	3.27	1.88	1.45
Goodwill	11.3	11.3	11.2	12.9	14.9	26.4	26.5	26.3	26.5	26.5
Intangible assets	0.5	0.5	4.2	3.96	7.58	9.61	8.2	6.29	5.06	8.76
Long-term investments	26.9	6.63	9.32	8.83	11.7	7.43	9.87	6.52	6.66	6.07
Other non-current assets	3.66	10.5	11.6	8.91	10.4	10.3	10.9	11.5	8.16	6.21
Total assets	519	400	444	405	513	497	511	550	626	764
Accounts payable	41	45.9	37.1	25.2	24.5	28.5	22.2	24.8	19.4	18.6
Accrued liabilities	125	130	128	126	129	117	111	103	97.3	106
Deferred revenue	76.5	55	42.5	40.1	42.3	36.5	35.3	30.4	27.7	27.1
Total current liabilities	363	367	389	325	339	305	294	279	293	352
Lease liabilities				7.35	5.47	4.61	2.88	1.53	1.1	0.82
Other non-current liabilities	1.08	1.31	1.08	1.39	1.23	6.59	3.35	2.66	1.69	3.61
Total liabilities	364	368	390	334	346	316	300	284	296	356
Paid-in capital	394	294	273	277	278	296	301	304	308	319
Retained earnings	-163	-173	-161	-139	-42.9	-15.8	24.7	86.6	157	237
Treasury stock	-83.3	-85.6	-51.7	-56.2	-60.4	-102	-115	-126	-144	-165
Other comprehensive income	-2.34	-4.97	-4.86	-7.41	-10.2	-11.3	-17.2	-18.1	-16.6	-14.1
Shareholders' equity	146	30.7	56.2	74.8	165	168	194	246	305	377
Minority interests	8.82	0.64	-2.69	-3.63	1.75	3.02	6.27	9.47	13.8	18.8
Total equity	155	31.3	53.6	71.1	167	171	200	256	319	396
Total liabilities and equity	519	400	444	405	513	497	511	550	626	764

Cash flow statement

	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Net income	9.64	5.2	0.33	21.4	96.9	29	44.4	68.3	81.1	95.1
Depreciation and amortization	21.7	22.8	22.6	20.4	17.8	18.1	20.1	20.4	21	21.4
Stock-based compensation	3.74	3.58	2.24	3.86	1.49	1.93	4.52	7.4	3.07	10.5
Deferred income tax	2.33	-6.17	-1.08	-3.92	-33	4.24	13.6	-9.83	16.2	0.75
Change in receivables	-18	-6.67	7.59	11.7	0.98	-8.28	4.73	-13.7	-5.99	-19.2
Change in payables	16.7	12.8	-7.55	-12.1	-0.26	-1.11	-21	-9.08	-4.81	22.7
Cash from operations	36.1	20.4	85.1	-29.6	66.6	29.4	52.4	78.2	127	91.1
Capital expenditures	-22.9	-20.6	-18.7	-16	-16.8	-21.9	-22	-18.9	-20.8	-23.1
Acquisitions	-1.83		-5.53	-0.45	-3.67	-7.55		0	0	-1.5
Purchases of investments	-9.44	-22.5	-8.28	-22.4	-43.2	-24.5	-59.9	-29.9	-33.5	-64.4
Sales and maturities of investments	0.02	41.5	6.31	6.46	26.2	21.2	49.2	50.1	36.3	43.3
Cash from investing	-39.6	-1.64	-26.2	-32.5	-44.1	-33.8	-33.5	-0.75	-20.7	-47.7
Stock issued	24.9		13.3	0.28	0.69	0.14	0.17	0.17	0	0.2
Share buybacks	-1.84	-2.29	-3.88	-4.48	-4.19	-26.2	-13.9	-10.6	-17.8
Dividends paid	-17.9	-13.9						-2.54	-5.55	-6.5
Cash from financing	6.82	-26.6	7.22	-5.65	-4.52	-15.6	-14.1	-17.2	-23.4	-30.6
Exchange rate effect	0.29	-0.96	-12.2	11.7	7.66	-17.4	4.39	-3.58	3.48
Net change in cash	3.6	-8.77	54	-56	25.7	-37.4	9.26	56.6	86.4	17.5
Free cash flow	13.1	-0.17	66.5	-45.6	49.9	7.53	30.4	59.3	106	68
Interest paid	0.29	0.09	0.19	0.39	0.49	0.46	0.54	0.43	0.11	0.18
Income taxes paid	0.58	0.19	0.05	0.06	0.19	0.11	0.78	0.53	0.28	22.2

Key metrics

Worked out from the statements above. Latest values use fiscal 2026. Valuation uses the share price of $83.22 on November 10, 2026.

Profitability

Metric	Value	How it is calculated
Gross margin	38.3%	Gross profit / revenue.
Operating margin	9.3%	Operating income / revenue.
EBITDA margin	11.0%	EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin	10.0%	Pre-tax income / revenue.
Net margin	6.7%	Net income / revenue.
FCF margin	5.2%	Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin	7.0%	Cash from operations / revenue.
Effective tax rate	26.8%	Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)	25.4%	Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)	12.5%	Net income / average total assets.
Return on invested capital (ROIC)	75.4%	Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue	4.3%	Research and development expense / revenue.
SG&A / revenue	24.5%	Selling, general and administrative expense / revenue.
Stock-based pay / revenue	0.8%	Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue	1.8%	Capital expenditures / revenue.
D&A / revenue	1.6%	Depreciation and amortization / revenue.

Growth

Metric	Value	How it is calculated
Revenue growth, 1y	5.4%	Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y	1.6%	Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y	-2.2%	Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y	11.3%	Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y	11.6%	Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income growth, 1y	20.7%	Operating income vs the same period a year earlier. Only from a positive base.
Operating income CAGR, 3y	25.9%	Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income CAGR, 5y	16.3%	Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EBITDA growth, 1y	17.4%	EBITDA vs the same period a year earlier. Only from a positive base.
EBITDA CAGR, 3y	20.8%	Compound annual growth of ebitda over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EBITDA CAGR, 5y	13.8%	Compound annual growth of ebitda over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Net income growth, 1y	13.9%	Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y	28.9%	Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income CAGR, 5y	-2.1%	Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
EPS growth, 1y	15.0%	EPS vs the same period a year earlier. Only from a positive base.
EPS CAGR, 3y	29.9%	Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS CAGR, 5y	-1.3%	Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y	-28.3%	Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y	20.2%	Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y	6.5%	Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Free cash flow growth, 1y	-36.1%	Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y	30.7%	Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow CAGR, 5y	6.4%	Compound annual growth of free cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Dividend per share growth, 1y	18.2%	Dividend per share vs the same period a year earlier. Only from a positive base.
Book value growth, 1y	23.7%	Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y	24.9%	Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value CAGR, 5y	18.0%	Compound annual growth of book value over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y	22.0%	Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y	14.4%	Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y	8.3%	Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y	-1.1%	Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y	-0.7%	Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y	-0.8%	Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

Metric	Value	How it is calculated
Current ratio	1.86x	Current assets / current liabilities.
Quick ratio	0.80x	(Cash + short-term investments + receivables) / current liabilities.
Cash ratio	0.63x	(Cash + short-term investments) / current liabilities.
Liabilities / assets	46.6%	Total liabilities / total assets.
Working capital	$303.5M	Current assets - current liabilities.
Goodwill and intangibles / assets	4.6%	(Goodwill + intangible assets) / total assets.
Tangible book value	$342.0M	Shareholders' equity - goodwill - intangible assets.

Efficiency

Metric	Value	How it is calculated
Asset turnover	1.87x	Revenue / average total assets.
Fixed asset turnover	32.2x	Revenue / average property, plant and equipment.
Receivables turnover	24.6x	Revenue / average receivables.
Days sales outstanding	15 days	365 x average receivables / revenue.
Days payables	9 days	365 x average accounts payable / cost of revenue.
FCF conversion	78.4%	Free cash flow / net income, when net income is positive.
Capex / operating cash flow	25.4%	Capital expenditures / cash from operations, when that is positive.

Per share

Metric	Value	How it is calculated
EPS, diluted	$3.46	Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic	$3.47	Net income per basic share, as reported (split-adjusted).
Revenue per share	$51.87	Revenue / diluted weighted shares.
FCF per share	$2.72	Free cash flow / diluted weighted shares.
Operating cash flow per share	$3.64	Cash from operations / diluted weighted shares.
Book value per share	$15.08	Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share	$13.67	Tangible book value / shares outstanding.
Cash per share	$8.82	(Cash + short-term investments) / shares outstanding.
Dividend per share	$0.26	Dividend declared per common share (paid, when declared is not tagged).
Payout ratio	7.5%	Dividends paid / net income, when net income is positive.
Dividends / FCF	9.6%	Dividends paid / free cash flow, when free cash flow is positive.

Valuation

Metric	Value	How it is calculated
Market cap	$2.07B	Share price x shares outstanding.
Enterprise value	$1.85B	Market cap + total debt - cash - short-term investments.
P/E	23.9x	Market cap / net income. Only when net income is positive.
P/S	1.59x	Market cap / revenue.
P/B	5.48x	Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book	6.05x	Market cap / tangible book value, when positive.
P/FCF	30.5x	Market cap / free cash flow. Only when free cash flow is positive.
P/OCF	22.7x	Market cap / cash from operations, when positive.
EV/Sales	1.42x	Enterprise value / revenue.
EV/EBIT	15.3x	Enterprise value / operating income, when both are positive.
EV/EBITDA	13.0x	Enterprise value / EBITDA, when both are positive.
EV/FCF	27.2x	Enterprise value / free cash flow, when both are positive.
FCF yield	3.3%	Free cash flow / market cap.
Earnings yield	4.2%	Net income / market cap (the inverse of P/E).
Dividend yield	0.3%	Dividends paid over the period / market cap.
Shareholder yield	0.3%	(Dividends paid + share buybacks) / market cap.
PEG	0.80x	P/E / EPS growth per year over 3 years (in percent). Only when both are positive.

What was IDT CORP's revenue in fiscal 2026?

IDT CORP reported revenue of $1.30B for fiscal 2026, 5.4% higher than the year before.

Was IDT CORP profitable in fiscal 2026?

Yes. Net income was $86.6M, a net margin of 6.7%.

How much free cash flow did IDT CORP generate in fiscal 2026?

Cash from operations of $91.1M minus capital expenditures of $23.1M left free cash flow of $68.0M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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