IDT (IDT) financial statements
IDT reported revenue of $1.3B in fiscal 2026, down 1.6% a year over 9 years.
Net income was $87M and the operating margin 9.3%, against 0.4% in 2017.
Free cash flow was $68M, and the company returned $7M in dividends.
The diluted share count rose 7% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from IDT's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.5B | $1.5B | $1.4B | $1.3B | $1.4B | $1.4B | $1.2B | $1.2B | $1.2B | $1.3B |
| Cost of revenue | $1.3B | $1.3B | — | — | — | $1.0B | $882M | $816M | $785M | $801M |
| Gross profit | $226M | $241M | — | — | — | $325M | $357M | $390M | $446M | $497M |
| Research and development | — | — | — | — | — | $47M | $48M | $51M | $51M | $56M |
| Selling, general and admin | $188M | $203M | $204M | $215M | $218M | $217M | $243M | $270M | $288M | $318M |
| Operating income | $6M | $8M | -$1M | $18M | $57M | $60M | $61M | $65M | $100M | $121M |
| Pre-tax income | $8M | $8M | $453,000 | $18M | $65M | $35M | $61M | $62M | $106M | $130M |
| Income tax | -$2M | $3M | $123,000 | -$4M | -$32M | $6M | $16M | -$6M | $25M | $35M |
| Net income | $8M | $4M | $134,000 | $21M | $96M | $27M | $40M | $64M | $76M | $87M |
| EPS (diluted) | $0.35 | $0.17 | $0.01 | $0.81 | $3.70 | $1.03 | $1.58 | $2.54 | $3.01 | $3.46 |
| Diluted shares | 23M | 25M | 25M | 26M | 26M | 26M | 26M | 25M | 25M | 25M |
| Gross margin | 15.1% | 15.6% | — | — | — | 23.8% | 28.8% | 32.4% | 36.2% | 38.3% |
| Operating margin | 0.4% | 0.5% | -0.1% | 1.3% | 3.9% | 4.4% | 4.9% | 5.4% | 8.2% | 9.3% |
| Net margin | 0.5% | 0.3% | 0.0% | 1.6% | 6.7% | 2.0% | 3.3% | 5.3% | 6.2% | 6.7% |
Balance sheet
Fiscal years, from IDT's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $149M | $80M | $80M | $85M | $107M | $98M | $104M | $165M | $227M | $221M |
| Receivables | $65M | $71M | $58M | $44M | $47M | $40M | $32M | $42M | $45M | $61M |
| Total current assets | $371M | $329M | $368M | $322M | $388M | $363M | $387M | $423M | $520M | $655M |
| Property, plant and equipment | $89M | $36M | $34M | $30M | $31M | $37M | $39M | $39M | $39M | $42M |
| Goodwill | $11M | $11M | $11M | $13M | $15M | $26M | $26M | $26M | $26M | $27M |
| Total assets | $519M | $400M | $444M | $405M | $513M | $497M | $511M | $550M | $626M | $764M |
| Total current liabilities | $363M | $367M | $389M | $325M | $339M | $305M | $294M | $279M | $293M | $352M |
| Total liabilities | $364M | $368M | $390M | $334M | $346M | $316M | $300M | $284M | $296M | $356M |
| Shareholders' equity | $146M | $31M | $56M | $75M | $165M | $168M | $194M | $246M | $305M | $377M |
| Net debt | -$90M | -$74M | -$80M | -$85M | -$107M | -$98M | -$104M | -$165M | -$227M | -$221M |
Cash flow
Fiscal years, from IDT's 10-K filings with the SEC.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $36M | $20M | $85M | -$30M | $67M | $29M | $52M | $78M | $127M | $91M |
| Capital spending | $23M | $21M | $19M | $16M | $17M | $22M | $22M | $19M | $21M | $23M |
| Free cash flow | $13M | -$173,000 | $66M | -$46M | $50M | $8M | $30M | $59M | $106M | $68M |
| Stock-based compensation | $4M | $4M | $2M | $4M | $1M | $2M | $5M | $7M | $3M | $11M |
| Dividends paid | $18M | $14M | — | — | — | — | — | $3M | $6M | $7M |
| Share buybacks (net) | -$2M | -$2M | -$4M | -$4M | -$4M | -$26M | -$14M | -$11M | -$18M | — |
| Free cash flow margin | 0.9% | -0.0% | 4.7% | -3.4% | 3.4% | 0.6% | 2.5% | 4.9% | 8.6% | 5.2% |
| Dividends per share | $0.77 | $0.56 | — | — | — | — | — | $0.10 | $0.22 | $0.26 |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for IDT.
Open IDT in InvestinglyQuestions
What was IDT's revenue in 2026?
$1.3B in fiscal 2026, from its 10-K filing.
How much free cash flow does IDT generate?
$68M in fiscal 2026 (operating cash flow minus capital spending).
From IDT's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.