IDT Corporation

How Do They Make Money?

FY2026 revenue by reportable segment revenue

Segment	Share	Revenue
National Retail Solutions	12% FY2023: 6.2%
Fintech	14% FY2023: 7.0%
Net2phone	7.5% FY2023: 5.8%
Traditional Communications	67% FY2023: 81%

Yes. It kept 7 cents of every revenue dollar as net income in FY2026 and turned 5 cents into free cash flow.

Operating income, FY2026

9% of revenue

▲ +21% vs FY2025 ($100.4M, 8%)

Net income, FY2026

7% of revenue

▲ +14% vs FY2025 ($76.1M, 6%)

Free cash flow, FY2026

5% of revenue

▼ −36% vs FY2025 ($106.3M, 9%)

Flat. Revenue was $1.3B in FY2026, about the same as the $1.4B of FY2022.

Revenue over time

National Retail Solutions Fintech Net2phone Traditional Communications

$2B$1B$0

FY2022 FY2023 FY2024 FY2025 FY2026

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