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IDT (IDT) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Dec 10, 2025
IDT (IDT) reported revenue of $323M for the first quarter fiscal 2026 (Q1 FY26), +4% from a year earlier and +2% from the quarter before. Operating margin was 9.6%, net earnings $22.4M (6.9% of revenue).
IDT, Q1 FY26: revenue $323M (+4% year over year), operating margin 9.6%, net earnings $22.4M, operating cash flow −$10.1M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $323M | +2% | +4% |
| Gross profit | $118M | +3% | +10% |
| Operating profit | $30.9M | +41% | +31% |
| Net earnings | $22.4M | +32% | +30% |
| Operating cash flow | −$10.1M | -133% | — |
What changed
Revenue was $322.8M in Q1 FY26, up 4% year over year and up 2% from the previous quarter. Traditional Communications was the largest line at 68% of revenue. National Retail Solutions added $6.7M year over year (up 22%), 51% of the total change.
Gross margin was 36.6%, up 1.8 points from a year earlier. Operating profit was $30.9M, a 9.6% margin (up 1.9 points year over year). Of the extra revenue versus a year earlier, 55% reached operating profit, above the 8% margin then. Operating expenses grew 4% against revenue growth of 4%. Net earnings were $22.4M, up 30% year over year. The effective tax rate was 25.1%.
Operating cash flow was −$10.1M. Non-cash charges added back $5.3M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items used $41.6M. Capital expenditures of $5.8M exceeded it, leaving free cash flow of −$16.0M.
Questions
What was IDT's revenue in the first quarter fiscal 2026?
IDT (IDT) reported revenue of $323M for the first quarter fiscal 2026 (Q1 FY26), +4% from a year earlier and +2% from the quarter before.
Was IDT profitable in the first quarter fiscal 2026?
Operating profit was $30.9M (9.6% of revenue) and net earnings $22.4M.
Source: IDT 10-Q on SEC EDGAR.