Irwin Katsof
On June 9 2026, Irwin Katsof notified IDT Corporation (the “Company”) of his resignation from the board of directors of the Company (the “Board”) and the respective committees of the Board on which he served.
Highest-materiality recent filing
IDT Q3 FY2026: Revenue +5% to $315.7M, Adj. EBITDA +13% to $37.5M, guidance raised to $150-152M
Revenue +5% to $315.7M; gross profit +9% to $122.5M, margin 38.8% (+170 bps).
IDT Q2 FY2026 revenue up 6% to $320.5M; adjusted EBITDA +9% to $38M; dividend raised 17% to $0.28
Revenue $320.5M (+6% YoY); gross profit $121.3M (+8%); GAAP EPS $0.84 vs $0.80; Non-GAAP EPS $1.00 vs $0.84.
IDT Q1 FY2026: revenue +4% to $322.8M, GAAP EPS $0.89, segments grow
Consolidated revenue $322.8M (+4% YoY); gross profit $118.2M (+10%), margin 36.6%.
IDT Q4 gross profit +12% to $114M; FY2025 adjusted EBITDA record $129M
Q4 revenue +3% to $316.6M; GAAP EPS $0.67 (down from $1.45 due to $23.6M tax benefit in prior year); Non-GAAP EPS $0.76 (up from $0.57).
IDT Q3 FY2025: GAAP EPS $0.86 (vs $0.22), revenue $302M, adj EBITDA +57%
GAAP EPS $0.86 vs $0.22; Non-GAAP EPS $0.90 vs $0.38; income from operations +133% to $26.6M.
IDT Corp reports record Q2: GP +16%, op income +77%, Adj EBITDA +56%; dividend up 20% to $0.06
GAAP EPS $0.80 vs $0.57; Non-GAAP EPS $0.84 vs $0.67; revenue $303.3M (+2%), GP $112M (+16%).
IDT reports record Q1: Adj EBITDA $29.1M (+31%), GAAP EPS $0.68 (+127%)
GAAP EPS $0.68 (up from $0.30); Non-GAAP EPS $0.71 (up from $0.32).
IDT reports record Q4 Adj. EBITDA $25.2M (+40% YoY); GAAP EPS $1.45 vs $0.31
Net income attributable to IDT $42.0M ($1.45 diluted EPS) vs $8.0M ($0.31) in Q4 last year; Non-GAAP EPS $0.57 vs $0.36.
IDT Q3 FY2024: NRS recurring revenue +45%, Fintech Adj EBITDA turns positive, EPS $0.22
NRS added 1,600 net terminals to 30,300; recurring revenue $24.0M (+45% YoY).
IDT Q2 EPS $0.57 flat YoY; initiates $0.05 quarterly dividend; NRS terminals up 28%
GAAP EPS $0.57 (unchanged YoY); Non-GAAP EPS $0.67 vs $0.62; revenue $296M (-6% YoY).
Howard Jonas gains 70.8% voting power after trust shares transfer; IDT becomes a controlled company
On Dec 14, 2023, trusts for children of Howard Jonas transferred 1.57M Class A shares (100% of Class A, 66.7% voting power) to a limited partnership managed by Jonas.
IDT Q1 FY2024: Revenue falls 6% to $301M but gross profit record; growth segments strong
Consolidated revenue $301M (-6% YoY); gross profit record $94M (+6%), margin 31.4% (+370bps).
IDT Q4 net income down 54% to $8.0M; revenue falls 8% to $304M
Q4 EPS $0.31 vs $0.66 prior year; Non-GAAP EPS $0.36 vs $0.67.
Delaware Chancery dismisses all claims against IDT in Straight Path class action; no damages found
Court dismissed all claims against IDT, finding the class suffered no damages.
IDT Q3 FY2023 EPS $0.27, revenue $299M; fintech and cloud segments grow strongly
EPS up 50% to $0.27; Non-GAAP EPS $0.46 vs $0.22 prior year.
IDT Q2 fiscal 2023 EPS surges to $0.57 from $0.28; NRS recurring revenue up 103%
Revenue down 7% to $314M, but income from operations up 32% to $18.2M.
IDT reports Q1 FY2023: income from operations up 47% to $20.2M, EPS $0.43 vs loss of $0.10
NRS recurring revenue up 107% to $17.8M; active POS terminals ~20,800 (+1,400 sequentially).
Consolidated Q4 revenue $329M (-16% YoY); operating income up 13% to $19.2M. FY revenue $1,364M (-6%); op income up 6% to $60.1M.
FCC closes inquiry into Straight Path spectrum licenses; no action against IDT
FCC Enforcement Bureau completed review of potential violations on 28 GHz and 39 GHz band licenses.
IDT Q3 FY22 revenue $328M (-12% YoY); high-growth segments offset legacy comms decline
Consolidated revenue $328M, down 12.2% YoY; net income $4.8M ($0.18 EPS) vs $36.3M ($1.39) on investment losses and tax reversals.
IDT postpones spinoff of net2phone cloud segment due to market conditions
Spinoff of net2phone postponed indefinitely; prior target was July 31, 2022.
IDT reports Q1 FY2022 revenue up 8% to $370M; GAAP EPS loss of $(0.10) vs prior year $0.32
Revenue $370M (+8% YoY); NRS +104% to $10.1M, net2phone subscription +37.5% to $12.5M, Mobile Top-Up +34% to $128.5M.
IDT reports Q4 FY2021 GAAP EPS $1.46 ($0.66 non-GAAP) on revenue $390M, up 8% YoY
GAAP EPS $1.46 (non-GAAP $0.66) vs $0.82 year ago; FY2021 GAAP EPS $3.70.
IDT's NRS subsidiary sells 2.5% minority stake to Alta Fox for $10M
NRS sold 862,442 Class B shares (2.5% fully diluted) to Alta Fox for $10M cash.
On June 9 2026, Irwin Katsof notified IDT Corporation (the “Company”) of his resignation from the board of directors of the Company (the “Board”) and the respective committees of the Board on which he served.
On June 9, 2026, the Board appointed William Conkling to the Board.
Max materiality 0.80 · Median 0.57 · Most common event earnings