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IDT (IDT) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Jun 9, 2025
IDT (IDT) reported revenue of $302M for the third quarter fiscal 2025 (Q3 FY25), +0.8% from a year earlier and -0.4% from the quarter before. Operating margin was 8.8%, net earnings $21.7M (7.2% of revenue).
IDT, Q3 FY25: revenue $302M (+0.8% year over year), operating margin 8.8%, net earnings $21.7M, operating cash flow $75.7M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $302M | -0.4% | +0.8% |
| Gross profit | $112M | -0.1% | +15% |
| Operating profit | $26.6M | -6% | +133% |
| Net earnings | $21.7M | +7% | +291% |
| Operating cash flow | $75.7M | +276% | +700% |
| Free cash flow | $70.3M | +359% | 15× |
What changed
Revenue was $302.0M in Q3 FY25, up 1% year over year and roughly flat from the previous quarter. Traditional Communications was the largest line at 70% of revenue. Fintech added $7.1M year over year (up 22%), 303% of the total change. Traditional Communications declined 5%.
Gross margin was 37.1%, up 4.7 points from a year earlier. Operating profit was $26.6M, a 8.8% margin (up 5.0 points year over year). Of the extra revenue versus a year earlier, 647% reached operating profit, above the 4% margin then. Operating expenses fell 0% while revenue rose 1%. Net earnings were $21.7M, up 291% year over year. The effective tax rate was 25.4%.
Operating cash flow was $75.7M (up 700% year over year), 330% of net income including minority interests. Non-cash charges added back $5.2M of depreciation and amortization and $946K of share-based compensation. Working capital and other items added $46.6M. Capital expenditures of $5.4M left free cash flow of $70.3M.
Questions
What was IDT's revenue in the third quarter fiscal 2025?
IDT (IDT) reported revenue of $302M for the third quarter fiscal 2025 (Q3 FY25), +0.8% from a year earlier and -0.4% from the quarter before.
Was IDT profitable in the third quarter fiscal 2025?
Operating profit was $26.6M (8.8% of revenue) and net earnings $21.7M.
Source: IDT 10-Q on SEC EDGAR.