Key Highlights

  • IDT's $0.07 quarterly dividend trades ex-dividend October 5, 2026, with payment on October 14 to shareholders of record.
  • Fiscal 2026 revenue was $1.298 billion, gross profit was $496.8 million, and income from operations was $121.2 million.
  • Fiscal 2026 GAAP EPS was $3.46, while non-GAAP EPS was $3.82 and adjusted EBITDA, a non-GAAP measure, was $154.6 million.
  • IDT held $271.9 million in cash and securities with no outstanding debt and repurchased 421,938 shares for $21.0 million.

IDT Corporation (NYSE:IDT) declared a quarterly dividend of $0.07 per share, a yield of 0.35%, payable October 14 to shareholders of record on October 5, 2026. For fiscal 2026, revenue was $1.298 billion and GAAP EPS was $3.46. The dividend was raised from $0.06 in March 2026.

Dividend Program and Shareholder Returns

IDT's board declared the quarterly dividend of $0.07 per share on September 22, 2026, payable October 14 to shareholders of record on October 5. The Class B common stock trades ex-dividend on October 5.

In March 2026, the board raised the dividend from $0.06 to $0.07 per share. That dividend was declared March 10, held of record March 19 and paid March 31. The May 29 dividend was $0.07, unchanged from March. During fiscal 2026, IDT paid dividends of $6.504 million, compared with $5.6 million in fiscal 2025, and repurchased 421,938 shares in the open market for $21.0 million.

About the Company

IDT Corporation provides communications and fintech services. It reports National Retail Solutions (NRS), Fintech, net2phone and Traditional Communications. Its fiscal year ends July 31, and its Class B common stock is listed on the NYSE. The company reported its fiscal 2026 results on September 29, 2026, with a gross profit margin of 38.3%.

Fiscal 2026 Revenue, Segment Results and Balance Sheet

IDT reported fiscal 2026 revenue of $1.298 billion, up 5% from $1.2315 billion, and gross profit of $496.8 million, up 11% from $446.2 million. Income from operations was $121.2 million, up 21% from $100.4 million. Net income attributable to IDT was $86.6 million, up 14% from $76.1 million, and GAAP EPS was $3.46, compared with $3.01. Adjusted EBITDA, a non-GAAP measure, was $154.6 million, up 17%, and non-GAAP EPS was $3.82.

For the fourth quarter, revenue was $339.0 million, up 7%, and gross profit was $134.8 million, up 18%. Income from operations was $33.2 million, up 52%, and net income was $21.7 million, or $0.87 per share, compared with $0.67. Fourth-quarter adjusted EBITDA, a non-GAAP measure, was $41.2 million, up 22%.

For the fiscal year, NRS revenue was $159.4 million, Fintech revenue was $176.0 million, and net2phone revenue was $96.6 million, with net2phone subscription revenue up 11% to $94.9 million. Income from operations rose 42% to $39.3 million at NRS, 40% to $21.5 million at Fintech, and 84% to $9.1 million at net2phone. As of July 31, IDT reported $271.9 million in cash, cash equivalents, debt securities and current equity investments, including $220.7 million of cash and cash equivalents, with no outstanding debt.

Digital Remittances, Retailer Growth and Fiscal 2027 Guidance

IDT reported that NRS had 35,400 retailer locations at year-end, up 2,700, with average monthly gross profit per location of $383, up 22%. The company reported that digital transactions were 88.1% of BOSS Money transactions in the fourth quarter, that digital send volume rose 35% for the year, and that Traditional Communications adjusted EBITDA, a non-GAAP measure, rose 1% to $77.3 million, its second consecutive annual increase. For fiscal 2027, IDT guided to gross profit of $545 million to $555 million and adjusted EBITDA, a non-GAAP measure, of $176 million to $180 million.

Outlook

IDT's $0.07 quarterly dividend is payable October 14 to shareholders of record on October 5, 2026. Adjusted EBITDA (non-GAAP) relative to the fiscal 2027 guidance range of $176 million to $180 million, growth in digital remittance volume, and the $271.9 million cash and securities position are the relevant considerations.