IDT Corporation Posts Record Fiscal 2026 Results on Strong Growth Across Segments — IDT Corporation

Event summary

IDT Corporation reported record fiscal 2026 results with revenue up 5% to $1.3 billion and Adjusted EBITDA up 17% to $155 million.
NRS segment revenue grew 24% to $159.4 million, driven by Merchant Services and Advertising and Data revenue.
BOSS Money digital revenue increased 21% to $119.4 million, with digital transactions accounting for 88% of total volume.
net2phone subscription revenue rose 11% to $94.9 million, with AI-powered solutions driving growth.
Traditional Communications revenue grew 1% to $865.9 million, with Adjusted EBITDA up 1% to $77.3 million.

The big picture

IDT Corporation's record fiscal 2026 results highlight the company's strategic focus on higher-margin segments and digital transformation. The strong performance across NRS, Fintech, and net2phone segments underscores the effectiveness of IDT's investments in AI-powered solutions and digital customer acquisition. As the company looks to fiscal 2027, its guidance for continued double-digit gross profit growth and strong profitability reflects its commitment to sustainable growth and operational excellence.

What we're watching

Segment Growth Dynamics: How IDT's higher-margin segments (NRS, Fintech, net2phone) will continue to drive overall growth.
Digital Transformation: Whether BOSS Money can sustain its rapid digital transaction growth and expand its global reach.
AI Integration: The pace at which net2phone's AI-powered solutions will enhance customer offerings and drive revenue.