Filing Flows › IDT (IDT) › Q2 FY25
IDT (IDT) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Mar 12, 2025
IDT (IDT) reported revenue of $303M for the second quarter fiscal 2025 (Q2 FY25), +2% from a year earlier and -2% from the quarter before. Operating margin was 9.3%, net earnings $20.3M (6.7% of revenue).
IDT, Q2 FY25: revenue $303M (+2% year over year), operating margin 9.3%, net earnings $20.3M, operating cash flow $20.2M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $303M | -2% | +2% |
| Gross profit | $112M | +4% | +16% |
| Operating profit | $28.3M | +20% | +77% |
| Net earnings | $20.3M | +18% | +41% |
| Operating cash flow | $20.2M | 123× | -29% |
| Free cash flow | $15.3M | — | -36% |
What changed
Revenue was $303.3M in Q2 FY25, up 2% year over year and down 2% from the previous quarter. Traditional Communications was the largest line at 70% of revenue. Fintech added $8.9M year over year (up 32%), 122% of the total change. Traditional Communications declined 5%.
Gross margin was 37.0%, up 4.2 points from a year earlier. Operating profit was $28.3M, a 9.3% margin (up 3.9 points year over year). Of the extra revenue versus a year earlier, 170% reached operating profit, above the 5% margin then. Operating expenses grew 4% against revenue growth of 2%. Net earnings were $20.3M, up 41% year over year. The effective tax rate was 25.7%.
Operating cash flow was $20.2M (down 29% year over year), 91% of net income including minority interests. Non-cash charges added back $5.2M of depreciation and amortization and $862K of share-based compensation. Working capital and other items used $8.2M. Capital expenditures of $4.8M left free cash flow of $15.3M.
Questions
What was IDT's revenue in the second quarter fiscal 2025?
IDT (IDT) reported revenue of $303M for the second quarter fiscal 2025 (Q2 FY25), +2% from a year earlier and -2% from the quarter before.
Was IDT profitable in the second quarter fiscal 2025?
Operating profit was $28.3M (9.3% of revenue) and net earnings $20.3M.
Source: IDT 10-Q on SEC EDGAR.