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IDT CORP

CIK: 10057312 Annual ReportsLatest: 2026-09-29
Revenue: $1,297,900,000Net Income: $95,094,000Source 10-K
Disclaimer: AI-assisted summary of SEC Form 10-K filings. Not official company content and not investment, legal, accounting, or tax advice. See full disclaimer here.

10-K / September 29, 2026

Revenue:$1,297,900,000
Income:$95,094,000

10-K / October 15, 2024

Revenue:$1,205,778,000
Income:$68,264,000

10-K / September 29, 2026

IDT Corporation

Corporate overview

  • IDT Corporation (Delaware) operates a portfolio of fintech and communications solutions focused on underserved consumer and B2B markets.
  • Four reportable segments: NRS, Fintech, net2phone, and Traditional Communications.
  • Core strategy emphasizes synergies across segments and integrating AI features to support growth and profitability.
  • Headquarters: 520 Broad Street, Newark, New Jersey 07102
  • Main phone: (973) 438-1000
  • Corporate website: www.idt.net

Segment descriptions and activities

NRS (National Retail Solutions)

  • Leading POS terminal-based platform for independent retailers in the United States and Canada (convenience stores, bodegas, liquor stores, small-format grocery stores, tobacco stores).
  • Provides purpose-built integrated POS hardware and software to improve store operations.
  • NRS Pay processes credit, debit, and electronic benefit transfer payments.
  • Nationwide network of customer-facing screens; uses transaction data and analytics for advertisers and marketers targeting urban, multicultural markets.
  • Software supports integrations with major online ordering and delivery platforms.
  • 2026 revenue: $159.4 million; 2025 revenue: $128.8 million.
  • Share of total revenue: 12.3% in 2026; 10.5% in 2025.

Fintech

  • Provides domestic and international remittance and other fintech services through the BOSS Money platform.
  • Facilitates transfers to roughly 50 destination countries and supports transfers within the United States.
  • Transactions are initiated via digital channels (BOSS Money and BOSS Revolution apps) or cash funding through a network of licensed retail agents.
  • Includes Gibraltar-based banking offerings for the European Union, the U.K., and Israel.
  • 2026 revenue: $176.0 million; 2025 revenue: $154.6 million.
  • Share of total revenue: 13.6% in 2026; 12.6% in 2025.

net2phone

  • Provides business workflow and communications solutions, many using AI, to improve productivity.
  • Key offerings:
    • net2phone AI Agent (autonomous agent solution)
    • Coach (AI-driven performance and workforce intelligence)
    • Unite (UCaaS)
    • UContact (CCaaS)
  • Solutions can use net2phone’s Integrate platform to connect with third-party CRM and workflow systems.
  • Available worldwide with geographic and industry tailoring, primarily in North and South America.
  • 2026 revenue: $96.6 million; 2025 revenue: $87.9 million.
  • Share of total revenue: 7.4% in 2026; 7.1% in 2025.

Traditional Communications

  • Includes IDT Digital Payments, BOSS Revolution, IDT Global, and other smaller or mature initiatives.
  • IDT Digital Payments: prepaid digital offerings (mobile airtime top-up, data bundles, digital gift cards, eSIMs) through BOSS digital and retail channels; Zendit provides B2B prepaid-as-a-service capabilities.
  • BOSS Revolution: international long-distance voice calling, marketed primarily to immigrant communities in the U.S. and Canada via the BOSS Revolution app and prepaid cards sold through a nationwide agent network.
  • IDT Global: wholesale international voice and SMS termination, outsourced traffic management, voice routing, DID numbers, and messaging for small and medium businesses via the IDT Express portal.
  • 2026 revenue: $865.9 million; 2025 revenue: $860.2 million.
  • Share of total revenue: 66.7% in 2026; 69.8% in 2025.

Revenue highlights (by segment)

  • Total revenue by segment:
    • 2026: $159.4m (NRS) + $176.0m (Fintech) + $96.6m (net2phone) + $865.9m (Traditional Communications) = $1,297.9 million
    • 2025: $128.8m (NRS) + $154.6m (Fintech) + $87.9m (net2phone) + $860.2m (Traditional Communications) = $1,231.5 million

Strategic focus

  • Operate offerings that work across segments to create synergies.
  • Integrate AI features where they improve efficiency, analytics, and customer solutions.
  • Serve underserved consumer and B2B markets with a diversified fintech and communications portfolio.