IDT Corporation
IDT
$49.01 0.47%
Exchange: NYSE | Sector: Communication Services | Industry: Telecommunications Services
Q2 2025
Published: Mar 12, 2025

Earnings Highlights

  • Revenue of $303.35M up 2.5% year-over-year
  • EPS of $0.80 increased by 42.1% from previous year
  • Gross margin of 37.0%
  • Net income of 20.27M
  • ""IDT is on track to deliver approximately 40% adjusted EBITDA growth in fiscal '25 on top of the record $90 million we obtained in fiscal '24."" - Marcelo Fischer
IDT
Company IDT

Executive Summary

IDT Corporation reported a solid QQ2 2025, underpinned by robust Fintech results and continued profitability momentum in Traditional Communications. Total quarterly revenue reached $303.3 million, delivering a GAAP net income of $20.3 million and earnings per share of $0.81. Despite a modest year-over-year revenue uptick (YoY +2.5%) and a slight sequential decline (QoQ -2.0%), IDT generated a quarterly EBITDA of $28.3 million under GAAP, with management highlighting record first-half Adjusted EBITDA of $63.0 million and a commitment to ~40% adjusted EBITDA growth in fiscal 2025 versus FY2024’s $90 million. The company maintained a conservative balance sheet with a strong liquidity position (net cash of approximately -$246 million) and continued to return capital to shareholders via a 20% dividend increase and a record level of share repurchases (179k shares for $8.5 million in the quarter). Segment commentary emphasized continued NRS penetration, disciplined gross profit management in BOSS Money, and net2phone’s ongoing growth, aided by AI-related features and a strong U.S. trajectory. Management signaled a focus on AI enhancements, data-driven pricing in the digital payments space, and potential US-based inorganic opportunities to scale international capabilities. Overall, IDT’s results reflect a diversified mix of high-margin Fintech cash generation and steady profitability from traditional communications, supported by a pragmatic capital-allocation approach.

Key Performance Indicators

Revenue
Increasing
303.35M
QoQ: -2.01% | YoY: 2.45%
Gross Profit
Increasing
112.11M
36.96% margin
QoQ: 4.17% | YoY: 19.74%
Operating Income
Increasing
28.32M
QoQ: 19.78% | YoY: 70.02%
Net Income
Increasing
20.27M
QoQ: 17.51% | YoY: 40.51%
EPS
Increasing
0.81
QoQ: 19.12% | YoY: 42.11%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 303.35 0.80 +2.5% View
Q1 2025 309.57 0.68 +2.8% View
Q4 2024 308.83 1.45 +1.7% View
Q3 2024 299.64 0.22 +0.1% View
Q2 2024 296.10 0.57 -5.7% View