IDT Files FY2026 10-K: Record $1.3B Revenue, $86.6M Net Income, and $21M in Buybacks
IDT sits 65% above its 52-week low of $45.72 on elevated volume (3.7× avg).
Summary
IDT's FY2026 10-K confirms record revenue of $1.298 billion and net income of $86.6 million, with $21 million in share repurchases and a raised dividend. The audited financials and capital-allocation details add substance to yesterday's earnings release.
Key Events · Earnings and Guidance · IDT
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Record FY2026 Results Confirmed
Revenue grew 5.4% to $1.298 billion; net income attributable to IDT rose 13.8% to $86.6 million; diluted EPS reached $3.46, up from $3.01 in FY2025.
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Capital Returns Accelerate
IDT repurchased 421,938 Class B shares for $21.0 million in FY2026 (vs. $10.1 million in FY2025) and raised its quarterly dividend to $0.07 per share, declared September 22, 2026.
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Strong Balance Sheet
Cash, equivalents, debt securities, and current equity investments totaled $271.9 million at July 31, 2026, with no amounts outstanding under the revolving credit facility.
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Credit Facility Amended
IDT Telecom's TD Bank facility was extended to July 15, 2029, with seasonal borrowing capacity increased to $50 million during May and December.
Analysis · IDT · Technology
The annual report confirms the record results previewed in yesterday's 8-K, adding the full audited financials and key capital-allocation details. Revenue grew 5.4% to $1.298 billion, net income attributable to IDT rose 13.8% to $86.6 million, and diluted EPS reached $3.46. The company repurchased 421,938 shares for $21.0 million during the year and raised its quarterly dividend to $0.07 per share. The balance sheet remains strong with $271.9 million in cash, equivalents, debt securities, and current equity investments, and no amounts drawn on its revolving credit facility. The filing also discloses the May 2026 OnCore Digital acquisition and an amended credit facility with extended maturity and increased seasonal capacity.
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In the 30 days to Oct 1, 2026, 30.2% of the 1644 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.49%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, IDT was trading at $75.56 on NYSE in the Technology sector, with a market capitalization of approximately $1.9B. The 52-week trading range was $45.72 to $77.28. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.