{"id":970341,"date":"2026-06-03T16:34:07","date_gmt":"2026-06-03T20:34:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/idt-corporation-reports-third-quarter-fiscal-year-2026-results\/"},"modified":"2026-06-03T16:34:07","modified_gmt":"2026-06-03T20:34:07","slug":"idt-corporation-reports-third-quarter-fiscal-year-2026-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/idt-corporation-reports-third-quarter-fiscal-year-2026-results\/","title":{"rendered":"IDT Corporation Reports\u00a0Third\u00a0Quarter Fiscal Year\u00a02026\u00a0Results"},"content":{"rendered":"
\n

\n Record consolidated quarterly gross profit and gross profit margin<\/em>\n <\/p>\n

\n Income from operations at NRS, Fintech, and net2phone segments increased by\u00a033%,\u00a029% and\u00a076%, respectively<\/em>\n <\/p>\n

\n FY 2026 guidance raised to $150-$152 million in Adjusted EBITDA<\/em>
\n
\n *<\/em>
\n <\/sup>\n <\/p>\n

NEWARK, N.J., June 03, 2026 (GLOBE NEWSWIRE) — IDT Corporation (NYSE: IDT), a global provider of fintech and communications solutions, today reported results for the third quarter of its fiscal year 2026, the three months ended April 30, 2026.<\/p>\n

\n
\n 3Q26\u00a0CONSOLIDATED HIGHLIGHTS<\/u>
\n <\/strong>\n <\/p>\n

\n Throughout this release, unless otherwise noted, results for the\u00a0third\u00a0quarter of fiscal year\u00a02026\u00a0(3Q26) are compared to the\u00a0third\u00a0quarter of fiscal year\u00a02025\u00a0(3Q25).<\/em>\n <\/p>\n

\n ($ in millions except for per share figures)<\/em>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\nRevenue<\/td>\n+5% to $315.7 from $302.0<\/td>\n<\/tr>\n
\u00a0<\/td>\nGross Profit<\/td>\n+9% to $122.5 from $112.0<\/td>\n<\/tr>\n
\u00a0<\/td>\nGross Profit Margin<\/td>\n+170 bps to 38.8% from 37.1%<\/td>\n<\/tr>\n
\u00a0<\/td>\nIncome from Operations<\/td>\n+12% to $29.8 from $26.6<\/td>\n<\/tr>\n
\u00a0<\/td>\nGAAP EPS<\/td>\n+$0.01 to $0.87 from $0.86<\/td>\n<\/tr>\n
\u00a0<\/td>\nNon-GAAP EPS*<\/sup><\/td>\n+$0.04 to $0.94 from $0.90<\/td>\n<\/tr>\n
\u00a0<\/td>\nAdjusted EBITDA<\/td>\n+13% to $37.5 from $33.1<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n
\n *<\/em>
\n <\/sup>
\n This release discloses certain <\/em>
\n Non-GAAP<\/em>
\n financial measures and Key Performance Metrics. Please see the explanations of those measures and metrics, the reasons for their inclusion, and reconciliations of non-GAAP measures to their closest GAAP measures, at the end of this release.<\/em>\n <\/p>\n

\n
\n REMARKS BY SHMUEL JONAS, CEO<\/u>
\n <\/strong>\n <\/p>\n

\u201cIDT\u2019s year-over-year revenue and earnings growth was again powered by the continued expansion and operating leverage of our three high-margin businesses, paired with another quarter of steady cash generation from our Traditional Communications segment. \u00a0<\/p>\n

\u201cNRS recurring revenue increased 22% and revenue per terminal increased approximately 10% year-over-year driven by Merchant Services and SaaS Fees revenue. We expect both categories will continue driving growth in the coming quarters. After the quarter close, we acquired a controlling stake in OnCore Digital, a digital media brokerage.<\/p>\n

\u201cAt BOSS Money, our digital channel revenue growth rate accelerated sequentially as we gained market share following implementation of the new federal remittance tax.<\/p>\n

\u201cnet2phone continued its growth trajectory, helped by strong CCaaS results and ongoing U.S. and Mexico expansion. We are gaining traction with our AI offerings and expect they will become accretive growth drivers in fiscal year 2027. All net2phone offerings will also benefit from the recent release of Integrate by net2phone<\/em>. Integrate<\/em> is an integration layer that enables our clients to easily – through a straightforward, no-code interface – use our offerings with the tools they already work with every day including popular CRMs and ERPs.<\/p>\n

\u201cAcross our business segments, we are integrating machine learning and AI tools to better understand and meet the expectations of our customers, develop and provide new features, enhance customer service, refine pricing strategies, accelerate product and feature delivery, create marketing campaigns, and streamline back-office operations, to name just a few. We expect that our AI efforts, in some cases, will serve as the basis for AI-based offerings to our customers.\u201d<\/p>\n

\n
\n 3Q26\u00a0RESULTS BY SEGMENT<\/u>
\n <\/strong>\n <\/p>\n

\n
\n National Retail Solutions (NRS)<\/u>
\n <\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n ($ in millions except recurring revenue per terminal.<\/em>
\n Numbers may not foot due to rounding.)<\/em>\n <\/td>\n		\u200b<\/td>\n\n 3Q26<\/strong>\n <\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\n 2Q26<\/strong>\n <\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\n 3Q25<\/strong>\n <\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\n 3Q26-3Q25\u00a0<\/strong>
\n
\n (%, \u2206)<\/strong>\n <\/td>\n<\/tr>\n
\n Terminals and payment processing accounts<\/strong>\n <\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n<\/tr>\n
Active POS terminals<\/td>\n\u200b<\/td>\n\u200b<\/td>\n39,300<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n38,900<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n35,600<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n+10<\/td>\n\u200b%<\/td>\n<\/tr>\n
Payment processing accounts<\/td>\n\u200b<\/td>\n\u200b<\/td>\n29,200<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n28,100<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n25,500<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n+14<\/td>\n%<\/td>\n<\/tr>\n
\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n<\/tr>\n
\n Recurring revenue<\/strong>
\n *<\/sup>\n <\/td>\n		\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n<\/tr>\n
Merchant Services & Other<\/td>\n\u200b<\/td>\n$<\/td>\n25.8<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n24.0<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n19.7<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n+31<\/td>\n\u200b%<\/td>\n<\/tr>\n
Advertising & Data<\/td>\n\u200b<\/td>\n$<\/td>\n5.7<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n9.0<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n5.9<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n(3<\/td>\n)%<\/td>\n<\/tr>\n
SaaS Fees<\/td>\n\u200b<\/td>\n$<\/td>\n4.5<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n4.4<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n3.9<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n+17<\/td>\n\u200b%<\/td>\n<\/tr>\n
\n Total recurring revenue<\/strong>\n <\/td>\n\u200b<\/td>\n\n $<\/strong>\n <\/td>\n\n 36.0<\/strong>\n <\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\n 37.5<\/strong>\n <\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\n 29.4<\/strong>\n <\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\n +22<\/strong>\n <\/td>\n\u200b%<\/strong><\/td>\n<\/tr>\n
POS Terminal Sales<\/td>\n\u200b<\/td>\n$<\/td>\n2.0<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n1.9<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n1.7<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n+16<\/td>\n\u200b%<\/td>\n<\/tr>\n
\n Total revenue<\/strong>\n <\/td>\n\u200b<\/td>\n\n $<\/strong>\n <\/td>\n\n 38.0<\/strong>\n <\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\n 39.4<\/strong>\n <\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\n $<\/strong>\n <\/td>\n\n 31.1<\/strong>\n <\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\n +22<\/strong>\n <\/td>\n\u200b%<\/strong><\/td>\n<\/tr>\n
\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n<\/tr>\n
\n Monthly average recurring revenue per terminal<\/em>
\n
\n *<\/em>
\n <\/sup>\n <\/td>\n		\u200b<\/td>\n\n $<\/em>\n <\/td>\n\n 307<\/em>\n <\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\n $<\/em>\n <\/td>\n\n 325<\/em>\n <\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\n $<\/em>\n <\/td>\n\n 279<\/em>\n <\/td>\n\u200b<\/td>\n\u00a0<\/td>\n+10<\/td>\n\u200b%<\/td>\n<\/tr>\n
\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n\u200b<\/td>\n\u200b<\/td>\n<\/tr>\n
Gross profit<\/td>\n\u200b<\/td>\n$<\/td>\n34.3<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n36.3<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n28.4<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n+21<\/td>\n\u200b%<\/td>\n<\/tr>\n
Gross profit margin<\/td>\n\u200b<\/td>\n\u200b<\/td>\n90.2<\/td>\n%<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n92.2<\/td>\n%<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n91.3<\/td>\n%<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n(110<\/td>\n) bps<\/td>\n<\/tr>\n
SG&A<\/td>\n\u200b<\/td>\n$<\/td>\n23.4<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n23.5<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n20.0<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n+17<\/td>\n%<\/td>\n<\/tr>\n
Technology & development<\/td>\n\u200b<\/td>\n$<\/td>\n2.7<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n2.5<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n2.3<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n+21<\/td>\n\u200b%<\/td>\n<\/tr>\n
Income from operations<\/td>\n\u200b<\/td>\n$<\/td>\n8.2<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n10.2<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n6.2<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n+33<\/td>\n\u200b%<\/td>\n<\/tr>\n
Adjusted EBITDA<\/td>\n\u200b<\/td>\n$<\/td>\n9.8<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n11.8<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n7.8<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n+25<\/td>\n\u200b%<\/td>\n<\/tr>\n
CapEx<\/td>\n\u200b<\/td>\n$<\/td>\n0.8<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n1.7<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n$<\/td>\n1.9<\/td>\n\u200b<\/td>\n\u00a0<\/td>\n\u200b<\/td>\n(59<\/td>\n)%<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n NRS Take-Aways<\/strong>\n <\/p>\n