Filing Flows › IDT (IDT) › Q3 FY26 › vs Q2 FY26
IDT (IDT) Q3 FY26 vs Q2 FY26 (quarter over quarter)
IDT's revenue fell $4.8M (-1%) from $321M in Q2 FY26 to $316M in Q3 FY26. Gross margin 38.8% against 37.8% (+1.0 pts).
IDT, Q3 FY26: revenue $316M (+4% year over year), operating margin 9.4%, net earnings $21.6M, operating cash flow $18.5M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 38.8% | 37.8% | +1.0 pts |
| Operating margin | 9.4% | 8.5% | +0.9 pts |
| Net margin | 6.8% | 6.5% | +0.3 pts |
| Free cash flow margin | 4.2% | 10.0% | -5.8 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $316M | $321M | −$4.8M | -1% |
| Gross profit | $123M | $121M | $1.2M | +1% |
| Cost of revenue | $193M | $199M | −$6.0M | -3% |
| Other income, net | $2.5M | $1.8M | $639K | +35% |
| Operating profit | $29.8M | $27.2M | $2.5M | +9% |
| Operating expenses | $92.7M | $94.0M | −$1.3M | -1% |
| Pre-tax earnings | $32.3M | $29.1M | $3.2M | +11% |
| Research & development | $13.9M | $14.1M | −$179K | -1% |
| SG&A | $78.8M | $78.8M | −$3K | 0% |
| Net earnings | $21.6M | $20.9M | $665K | +3% |
| Minority interests | $2.1M | $1.9M | $258K | +14% |
| Income tax | $8.5M | $6.2M | $2.3M | +36% |
| Depreciation & amortization | $5.4M | $5.4M | −$38K | -0.7% |
| Share-based compensation | $2.4M | $4.3M | −$1.9M | -44% |
| Working capital & other | $10.9M | −$7.6M | $18.5M | — |
| Operating cash flow | $18.5M | $38.3M | −$19.8M | -52% |
| Free cash flow (OCF − capex) | $13.4M | $32.2M | −$18.8M | -58% |
| Capital expenditures | $5.1M | $6.1M | −$1.0M | -17% |
Questions
How much did IDT's revenue grow quarter over quarter in Q3 FY26?
IDT's revenue fell $4.8M (-1%) from $321M in Q2 FY26 to $316M in Q3 FY26. Gross margin 38.8% against 37.8% (+1.0 pts).