IDT CORP (IDT) Form 10-K — Sep 29, 2026
IDT Corp filed its fiscal 2026 annual report, with its three high-margin growth businesses continuing to outpace the legacy communications base. NRS revenue rose 24% to $159.4 million with operating income up 41% to $39.3 million, Fintech grew to $176.0 million led by BOSS Money's 12% gain, and net2phone reached $96.6 million, while Traditional Communications was roughly flat at $865.9 million. The 1% federal remittance excise tax imposed January 1, 2026 is accelerating migration of cash-funded remittances to BOSS Money's tax-exempt, higher-margin digital channel, and NRS surpassed 40,400 active terminals with new direct delivery integrations with DoorDash, Grubhub and Uber Eats.
Key figures
- Cash Position
- 271900000
- Nrs pay customers
- approximately 29,400 at July 31, 2026 (vs ~26,500)
- Nrs revenue fy2026
- $159.4 million (vs $128.8 million FY2025)
- Active nrs terminals
- approximately 40,400 at July 31, 2026 (from ~37,200 a year earlier)
- Usac trs fund charge
- $2.9 million under appeal to the FCC
- Fintech revenue fy2026
- $176.0 million (vs $154.6 million FY2025)
- Net2phone revenue fy2026
- $96.6 million (vs $87.9 million FY2025)
- Boss money revenue fy2026
- $156.7 million, +12.0% YoY
- Minutes terminated fy2026
- 7.6 billion (vs 7.4 billion FY2025)
- Nonaffiliate market value
- approximately $915.3 million as of January 31, 2026
- Nrs income from operations fy2026
- $39.3 million (vs $27.8 million FY2025)
- Fintech income from operations fy2026
- $21.5 million (vs $15.4 million FY2025)
- Traditional communications revenue fy2026
- $865.9 million (vs $860.2 million FY2025)
AI analysis
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