Filing Flows

Filing Flows › IDT (IDT) › How it makes money

How IDT (IDT) makes money

IDT (IDT) made $339M of revenue in the fourth quarter fiscal 2026 (Q4 FY26). Traditional Communications brought in $222M (65%); Fintech brought in $47.1M (14%); National Retail Solutions brought in $45.0M (13%). Of every dollar of revenue, 40¢ was left as gross profit, 10¢ was left as operating profit, 6¢ was left as net earnings.

Drawing the Sankey…

IDT revenue by segment, Q4 FY26IDT revenue by segment, Q4 FY26Traditional Communications$222MFintech$47.1MNational Retail Solutions$45.0MNet2phone$24.9M
IDT: revenue by line, Q2 FY25 to Q4 FY26IDT: revenue by line, Q2 FY25 to Q4 FY26Traditional Communica…FintechNational Retail Solut…Net2 phoneNet2phoneTraditional Communications: $222M latest$222MFintech: $47.1M latest$47.1MNational Retail Solutions: $45.0M latest$45.0MNet2 phone: $0 latestNet2phone: $24.9M latest$24.9MQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26
Traditional Communications went from 70% of revenue in Q2 FY25 to 65% in Q4 FY26, the largest shift in the mix.
IDT revenue by quarterIDT revenue by quarter$303MQ2 FY25$302MQ3 FY25$317MQ4 FY25$323MQ1 FY26$321MQ2 FY26$316MQ3 FY26$339MQ4 FY26
IDT: where each dollar of revenue goesIDT: where each dollar of revenue goesCost of revenue60¢Gross profit40¢Operating expenses30¢Operating profit10¢Income tax4¢Net earnings6¢Operating cash flow13¢Free cash flow11¢

Revenue by segment, Q4 FY26

SegmentRevenueShareQ/QY/Y
Traditional Communications$222M65.5%+7%—
Fintech$47.1M13.9%+5%—
National Retail Solutions$45.0M13.3%+18%—
Net2phone$24.9M7.4%+2%—

Where each dollar of revenue goes

LineQ4 FY26% of revenue
Revenue$339M100.0%
Cost of revenue$204M60.2%
Gross profit$135M39.8%
Operating expenses$102M30.0%
Operating profit$33.2M9.8%
Income tax$12.1M3.6%
Net earnings$21.7M6.4%
Operating cash flow$44.4M13.1%
Free cash flow$38.4M11.3%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q4 FY26$339M+7%
Q3 FY26$316M+4%
Q2 FY26$321M+6%
Q1 FY26$323M+4%
Q4 FY25$317M+2%
Q3 FY25$302M+0.8%
Q2 FY25$303M+2%

From IDT's 10-K filed Sep 29, 2026 (on EDGAR).

Questions

How does IDT make money?

IDT (IDT) made $339M of revenue in the fourth quarter fiscal 2026 (Q4 FY26). Traditional Communications brought in $222M (65%); Fintech brought in $47.1M (14%); National Retail Solutions brought in $45.0M (13%). Of every dollar of revenue, 40¢ was left as gross profit, 10¢ was left as operating profit, 6¢ was left as net earnings.

What is IDT's biggest business?

Traditional Communications: $222M in the fourth quarter fiscal 2026, 65% of revenue.

What is IDT's profit margin?

Net earnings were $21.7M, 6.4% of revenue, in the fourth quarter fiscal 2026; the operating margin was 9.8%.

Open the interactive view →

Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.