IDT Corporation (IDT) Income Statement
IDT FY2026 at a glance
Fiscal year ended July 31, 2026 · U.S. dollarsIDT revenue and net income
Where IDT's revenue goes
FY2026Each bar shows an amount and its share of revenue. IDT kept 6.7% of revenue as net income.
IDT profit margins
IDT growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +5.4% | +1.6% | −2.2% | −1.4% |
| Gross profit | +11.3% | +11.0% | +11.1% | +7.1% |
| Operating income | +21.8% | +26.3% | +16.5% | +16.7% |
| Net income | +13.8% | +28.9% | −2.1% | +13.9% |
| EPS (diluted) | +26.9% | +32.8% | +11.9% | +7.8% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
IDT quarterly EPS vs estimates
IDT beat the analyst EPS estimate in 3 of the last 5 quarters. Next report: December 3, 2026 (estimate $0.94).
IDT income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.30B | $1.23B | $1.21B | $1.24B | $1.36B | $1.45B | $1.35B | $1.41B | $1.55B | $1.50B |
| Cost of revenue | $801.2M | $785.3M | $815.6M | $875.7M | $1.03B | $1.15B | $1.08B | $1.17B | $1.31B | $1.28B |
| Gross profit | $496.8M | $446.2M | $390.2M | $363.1M | $329.6M | $292.9M | $261.8M | $235.2M | $241.5M | $226.0M |
| Research & development | $55.7M | $51.0M | $50.6M | $13.2M | $12.2M | $12.6M | $14.6M | $16.3M | $16.1M | $14.2M |
| Sales, general & admin | — | $287.6M | $277.4M | $243.2M | $258.2M | $218.5M | $216.9M | $204.4M | $203.3M | $188.3M |
| Total operating expenses | $374.4M | $345.8M | $325.4M | $301.2M | $269.4M | $235.5M | $240.3M | $234.7M | $228.4M | $220.4M |
| Operating income | $122.4M | $100.4M | $64.8M | $60.7M | $60.1M | $57.0M | $24.9M | $1.9M | $8.4M | $5.5M |
| Interest income | — | $6.1M | $4.8M | $792,000 | $146,000 | $318,000 | $269,000 | $776,000 | $1.1M | $1.3M |
| Interest expense | — | — | — | — | $146,000 | $6.9M | $7.2M | $1.6M | $1.1M | $1.3M |
| Income before taxes | $130.0M | $105.8M | $61.9M | $60.8M | $34.9M | $65.2M | $17.7M | $453,000 | $8.1M | $7.6M |
| Income taxes | $34.9M | $24.7M | −$6.4M | $16.4M | $5.9M | −$31.7M | −$3.7M | $123,000 | $2.9M | −$2.0M |
| Net income | $86.6M | $76.1M | $64.5M | $40.5M | $27.0M | $96.5M | $21.4M | $330,000 | $4.2M | $8.2M |
| EBITDA | $143.8M | $127.2M | $82.3M | $82.1M | $71.5M | $70.6M | $38.1M | $23.1M | $30.9M | $27.3M |
| EPS (diluted) | $3.82 | $3.01 | $2.56 | $1.63 | $1.11 | $2.18 | $0.91 | −$0.38 | −$0.09 | −$0.30 |
| Gross margin | 38.3% | 36.2% | 32.4% | 29.3% | 24.2% | 20.2% | 19.5% | 16.7% | 15.6% | 15.1% |
| Operating margin | 9.4% | 8.2% | 5.4% | 4.9% | 4.4% | 3.9% | 1.9% | 0.1% | 0.5% | 0.4% |
| Net margin | 6.7% | 6.2% | 5.3% | 3.3% | 2.0% | 6.7% | 1.6% | 0.0% | 0.3% | 0.5% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $339.0M | $315.7M | $320.5M | $322.8M | $316.6M | $302.0M | $303.3M | $309.6M | $308.8M | $299.6M | $296.1M | $301.2M |
| Cost of revenue | $204.2M | $193.2M | $199.2M | $204.6M | $202.1M | $190.0M | $191.2M | $201.9M | $206.6M | $206.4M | $202.5M | $206.8M |
| Gross profit | $134.8M | $122.5M | $121.3M | $118.2M | $114.5M | $112.0M | $112.1M | $107.6M | $102.2M | $93.2M | $93.6M | $94.4M |
| Research & development | $14.0M | $13.9M | $14.1M | $13.6M | $12.8M | $12.7M | $12.6M | $12.8M | $12.6M | $9.4M | $12.9M | $12.4M |
| Sales, general & admin | — | $78.6M | $79.5M | $74.7M | $74.0M | $72.3M | $70.7M | $71.1M | $70.8M | $72.1M | $83.3M | $77.4M |
| Total operating expenses | $101.1M | $92.9M | $93.7M | $87.6M | $92.6M | $85.4M | $83.8M | $84.0M | $82.1M | $77.8M | $77.0M | $76.7M |
| Operating income | $33.8M | $29.6M | $27.6M | $30.5M | $21.9M | $26.6M | $28.3M | $23.6M | $20.1M | $15.4M | $16.7M | $17.2M |
| Interest income | — | $1.6M | $1.6M | $1.7M | $1.8M | $1.6M | $1.4M | $1.4M | $1.6M | $1.2M | $1.2M | $844,000 |
| Income before taxes | $36.5M | $32.3M | $29.1M | $32.2M | $20.4M | $30.8M | $29.9M | $24.8M | $20.4M | $9.3M | $19.7M | $12.4M |
| Income taxes | $12.1M | $8.5M | $6.2M | $8.1M | $2.9M | $7.8M | $7.7M | $6.3M | −$17.3M | $3.0M | $4.0M | $3.9M |
| Net income | $21.7M | $21.6M | $20.9M | $22.4M | $16.9M | $21.7M | $20.3M | $17.2M | $36.8M | $5.6M | $14.4M | $7.7M |
| EBITDA | $39.1M | $34.9M | $33.0M | $35.8M | $31.9M | $32.2M | $33.4M | $23.6M | $23.8M | $20.6M | $21.8M | $22.1M |
| EPS (diluted) | $0.94 | $0.94 | $1.00 | $0.94 | $0.67 | $0.86 | $0.80 | $0.68 | $1.45 | $0.22 | $0.57 | $0.32 |
| Gross margin | 39.8% | 38.8% | 37.8% | 36.6% | 36.2% | 37.1% | 37.0% | 34.8% | 33.1% | 31.1% | 31.6% | 31.4% |
| Operating margin | 10.0% | 9.4% | 8.6% | 9.5% | 6.9% | 8.8% | 9.3% | 7.6% | 6.5% | 5.2% | 5.6% | 5.7% |
| Net margin | 6.4% | 6.8% | 6.5% | 6.9% | 5.3% | 7.2% | 6.7% | 5.6% | 11.9% | 1.9% | 4.9% | 2.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in IDT's financial statements (latest annual report filed September 29, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
IDT financial results
In fiscal year 2026 (ended July 31, 2026), IDT reported revenue of $1.3 billion, up 5.4% from the year before. It had net income of $86.6 million (up 13.8%), a net profit margin of 6.7%. Diluted earnings per share came to $3.82. Over five years revenue grew at an average rate of −2.2% a year.
See the IDT stock overview for the latest quote and news, or the IDT chart for price history and technical indicators.
IDT income statement FAQ
What is IDT's annual revenue?
IDT reported total revenue of $1.3 billion for fiscal year 2026, which ended on July 31, 2026. That was up 5.4% from $1.2 billion the previous year.
Is IDT profitable?
Yes. IDT reported net income of $86.6 million in fiscal 2026, a net profit margin of 6.7%; its operating margin was 9.4%.
What is IDT's gross margin?
IDT's gross margin was 38.3% in fiscal 2026: for every $100 of revenue, IDT kept $38 after the direct cost of its products and services.
How much does IDT spend on research and development?
IDT spent $55.7 million on research and development in fiscal 2026, 4.3% of revenue.
How fast is IDT growing?
Revenue grew −2.2% a year on average over the last five fiscal years, from $1.4 billion to $1.3 billion.
What are IDT's earnings per share?
IDT earned $3.82 per diluted share in fiscal 2026, compared with $3.01 a year earlier.
When will IDT report its next earnings?
IDT is expected to report results for the quarter ending October 31, 2026 on December 3, 2026 after the market closes.
When does IDT's fiscal year end?
IDT's fiscal year ends in July. The latest annual report covers the year ended July 31, 2026 and was filed on September 29, 2026.