Slide 1: IDT Corporation Reports Record Fourth Quarter and Fiscal Year 2026 Results
IDT Corporation Reports Record Fourth Quarter and Fiscal Year 2026 Results Record fourth quarter Gross Profit +18%; Income from Operations +52%; Adjusted EBITDA* +22% FY 2026 Income from Operations of $121M (+21%); Adjusted EBITDA of $155M (+17%) NEWARK, NJ — September 28, 2026: IDT Corporation (NYS
Slide 2: FY 2026 Highlights
FY 2026 HIGHLIGHTS ● Consolidated Results ○ Revenue: +5% to $1,298.0 million; ○ Gross profit / margin: +11% to $496.8 million / +200 bps to 38.3%; ○ Income from operations: +21% to $121.2 million; ○ Net income attributable to IDT: +14% to $86.6 million; ○ GAAP EPS: Increased to $3.46 from $3.01; ○ N
Slide 3: Remarks by Shmuel Jonas, CEO
REMARKS BY SHMUEL JONAS, CEO IDT’s fourth quarter capped off a strong fiscal year, highlighted by accelerated topline and Adjusted EBITDA growth. Our three higher-margin growth segments, NRS, Fintech and net2phone, each increased their respective quarterly and full-year contributions, while our Trad
Slide 4: 4Q26 and FY 2026 Results by Segment
4Q26 AND FY 2026 RESULTS BY SEGMENT National Retail Solutions (NRS) (Terminals, accounts and retailer locations at end of period. $ in millions, except for Average Monthly GP per Location. * Numbers may not foot due to rounding.) 4Q26-4Q25 FY26-FY25 4Q26 3Q26 4Q25 (Δ, % Δ) FY26 FY25 (% Δ) Retailer l
Slide 5: BOSS Money and Fintech Segment
BOSS Money and Fintech Segment (Transactions in millions. $ in millions except for average revenue per transaction. Numbers may not foot due to rounding.) 4Q26-4Q25 FY26-FY25 4Q26 3Q26 4Q25 (% Δ) FY26 FY25 (% Δ) BOSS Money Transactions Digital channel 6.6 6.0 5.5 +20% 23.6 19.6 +20% Retail channel 0
Slide 6: net2phone
net2phone (Seats in thousands at end of period. $ in millions. Numbers may not foot due to rounding.) 4Q26-4Q25 FY26-FY25 4Q26 3Q26 4Q25 (% Δ) FY26 FY25 (% Δ) Seats 447 441 422 +6% Revenue Subscription revenue* $ 24.5 $ 24.0 $ 22.2 +10% $ 94.9 $ 85.7 +11% Other revenue $ 0.5 $ 0.4 $ 0.5 (8)% $ 1.7 $
Slide 7: Traditional Communications
Traditional Communications ($ in millions. Numbers may not foot due to rounding.) 4Q26-4Q25 FY26-FY25 4Q26 3Q26 4Q25 (% Δ) FY26 FY25 (% Δ) Revenue IDT Digital Payments $ 113.9 $ 103.9 $ 107.0 +6% $ 429.2 $ 416.3 +3% IDT Global $ 56.1 $ 55.6 $ 55.9 +0.4% $ 231.5 $ 209.6 +10% BOSS Revolution $ 44.2 $
Slide 8: FY 2027 Financial Outlook
FY 2027 FINANCIAL OUTLOOK For FY 2027, IDT expects to again grow consolidated gross profit by double digits, consistent with its average annual growth rate over the past several years, to a range of $545 million to $555 million. Building on record Adjusted EBITDA of $154.6 million in FY 2026, IDT's
Slide 9: IDT Corporation Consolidated Balance Sheets
IDT CORPORATION CONSOLIDATED BALANCE SHEETS (in thousands, except per share data) July 31, 2026 2025 ASSETS CURRENT ASSETS: Cash and cash equivalents $ 220,686 $ 226,505 Restricted cash and cash equivalents 138,650 115,327 Debt securities 38,612 21,649 Equity investments 12,642 5,637 Trade accounts
Slide 10: IDT Corporation Consolidated Statements of Income
IDT CORPORATION CONSOLIDATED STATEMENTS OF INCOME (in thousands, except per share data) Year ended July 31, 2026 2025 2024 REVENUES $ 1,297,960 $ 1,231,495 $ 1,205,778 Direct cost of revenues 801,172 785,300 815,621 GROSS PROFIT 496,788 446,195 390,157 OPERATING EXPENSES: Selling, general and admini
Slide 11: IDT Corporation Consolidated Statements of Cash Flows
IDT CORPORATION CONSOLIDATED STATEMENTS OF CASH FLOWS (in thousands) Year ended July 31, 2026 2025 2024 OPERATING ACTIVITIES Net income $ 95,094 $ 81,139 $ 68,264 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 21,400 21,008 20,351 Defe
Slide 12: Reconciliation of Non-GAAP Financial Measures for the Fourth Quarter and Full Fiscal Years 2026 and 2025
Reconciliation of Non-GAAP Financial Measures for the Fourth Quarter and Full Fiscal Years 2026 and 2025 In addition to disclosing financial results that are determined in accordance with generally accepted accounting principles in the United States of America (GAAP), IDT also disclosed (a) Adjusted
Slide 13: Stock-based compensation recognized by IDT and other companies
Stock-based compensation recognized by IDT and other companies may not be comparable because of the variety of types of awards as well as the various valuation methodologies and subjective assumptions that are permitted under GAAP. Stock-based compensation is excluded from IDT’s calculation of Adjus
Slide 14: Reconciliation of Net Income to Adjusted EBITDA for 4Q26, 3Q26, and 4Q25
IDT Corporation Reconciliation of Net Income to Adjusted EBITDA for 4Q26, 3Q26, and 4Q25 (unaudited) in millions. Figures may not foot or cross-foot due to rounding Total IDT Traditional Corporation Comm. net2phone NRS Fintech Corporate Three Months Ended July 31, 2026 Net income attributable to IDT
Slide 15: Reconciliation of Net Income to Adjusted EBITDA for FY 2026 and FY 2025
IDT Corporation Reconciliation of Net Income to Adjusted EBITDA for FY 2026 and FY 2025 (unaudited) in millions. Figures may not foot or cross-foot due to rounding Total IDT Traditional Corporation Comm. net2phone NRS Fintech Corporate For the Twelve Months Ended July 31, 2026 Net income attributabl
Slide 16: Reconciliation of EPS to Non-GAAP EPS
IDT Corporation Reconciliation of Earnings Per Share (EPS) to Non-GAAP EPS for 4Q26, 4Q25, FY 2026 and FY 2025 (unaudited) in millions, except per share data. Figures may not foot due to rounding 4Q26 4Q25 FY26 FY25 Net income attributable to IDT Corporation $ 21.7 $ 16.9 $ 86.6 $ 76.1 Adjustments (
Slide 17: NRS' 'Rule of 40' Score For 4Q26
IDT Corporation NRS’ ‘Rule of 40’ Score For 4Q26 (unaudited) in millions. Figures may not foot due to rounding to millions Trailing Twelve Months (TTM) 1Q26 2Q26 3Q26 4Q26 4Q26 Reconciliation of NRS’ Income from Operations to Adjusted EBITDA Income from operations $ 8.9 $ 10.2 $ 8.2 $ 12.0 $ 39.3 De
Slide 18: Adjusted net cash provided by operating activities
IDT Corporation Adjusted net cash provided by operating activities for 4Q26, 4Q25, FY 2026 and FY 2025 (unaudited) in millions. Figures may not foot due to rounding to millions (in millions) Three months ended July 31, 4Q26 4Q25 Net cash provided by operating activities (GAAP) $ 44.4 $ 31.0 Changes