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STRONG
BUY
0
BUY 1
HOLD 1
SELL 0
STRONG
SELL
0
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Revenue
Revenue 1,231.5 1,205.8 1,238.9 1,364.1 1,447.0 1,345.8 1,409.2 1,547.5 1,501.7 1,496.3 1,596.8 1,651.5 1,620.6 1,506.8 1,555.5 1,401.4 1,538.6 1,878.0 2,012.7 2,226.4 2,468.5 2,216.9 1,834.5 1,531.6 1,231.0 1,093.9 732.2 335.4 135.2 57.7 11.7
Cost of Revenue 785.3 815.6 875.7 1,034.4 1,154.0 1,084.0 1,174.0 1,306.0 1,275.7 1,246.6 1,328.4 1,367.3 1,355.6 1,269.5 1,269.4 1,110.7 1,173.6 1,468.8 1,615.0 1,780.0 1,843.1 1,679.2 1,409.5 1,205.0 1,066.8 875.3 559.3 240.9 92.2 36.4 7.5
Gross Profit 446.2 390.2 363.1 329.6 292.9 261.8 235.2 241.5 226.0 249.7 268.4 284.3 265.0 237.4 286.1 290.7 365.1 409.2 397.7 446.4 625.4 537.8 425.1 326.6 164.1 218.6 172.9 94.5 43 21.3 4.2
Operating Expenses
R&D Expenses 51.0 50.6 13.2 12.2 12.6 14.6 16.3 16.1 14.2 12.6 1.7 10.0 7.2 4.6 10.7 8.0 9.0 11.6 0 0 0 0 0 0 0 0 0 25 0 0 0
SG&A Expenses 287.6 270.2 243.2 250.5 218.5 214.8 204.4 203.3 188.3 204.7 222.2 228.9 218.5 207.8 237.8 218.6 293.7 491.5 501.7 556.2 595.2 501.6 454.1 370.6 337.1 343.7 128.5 62 41.5 35.8 6
Other Expenses 7.2 4.6 (0.7) 18.9 17.0 25.5 30.4 25.2 32.1 20.9 20.0 15.5 5.7 16.6 21.0 27.1 54.8 0 80.0 87.4 111.9 99.9 31.3 180.3 259.7 91.5 42 11.3 4.9 1.2 0.3
Operating Expenses 345.8 325.4 301.2 269.4 235.5 240.3 234.7 228.4 220.4 225.5 243.9 254.4 231.3 229.1 269.5 253.7 357.5 503.0 581.7 643.6 707.1 601.5 485.4 550.9 596.8 435.2 170.5 98.3 46.4 37 6.3
Operating Income
Operating Income 100.4 64.8 60.7 60.1 57.0 24.9 1.9 8.4 5.5 26.2 93.0 29.8 29.4 8.3 15.5 32.2 (73.5) 2,106.8 (172.7) (220.8) (115.8) (121.9) (73.6) (224.3) (432.7) (216.6) 2.4 (3.8) (3.4) (15.7) (2.1)
Interest Expense 0 0 0 0 0 0 0 0 0 0 0.2 0.1 0.8 3.0 5.7 6.3 2.7 (4.4) 0 0 0 0 26.1 21.8 0 0 0 0 0 0 0
Interest Income 6.1 4.8 3.1 0.1 0.3 1.0 0.8 1.1 1.3 1.2 0 0 0 (0.0) 2.0 0 0.0 4.8 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 127.2 82.3 82.1 71.5 70.6 38.1 23.1 30.9 27.3 50.0 110.8 46.2 49.7 9.6 41.0 65.6 (57.6) (33.5) (45.6) (204.9) 6.3 48.1 1.4 (361.7) (372.4) (168.0) 44.4 7.5 1.5 (14.5) (1.8)
EBIT 106.2 62.1 62.0 53.4 52.8 19.6 0.7 13.0 5.5 25.2 24.5 29.8 33.8 (4.0) 20.0 32.2 (106.9) (99.2) (139.3) (197.1) (105.6) (63.7) (60.3) (182.8) (432.7) (216.6) 2.4 (3.8) (3.4) (15.7) (2.1)
Income Before Tax 105.8 61.9 60.8 34.9 65.2 17.7 0.5 8.1 7.6 29.5 92.2 25.0 34.0 (7.0) 14.3 25.9 (109.6) (210.9) (125.7) (204.1) (29.3) (51.8) (87.9) (280.7) 741.8 452.2 24.1 (8) (3.8) (15.6) (2.1)
Income Tax Expense 24.7 (6.4) 16.4 5.9 (31.7) (3.7) 0.1 2.9 (2.0) 4.1 6.1 4.0 15.9 (42.8) (5.5) 5.3 (4.5) 9.9 3.6 2.6 11.9 9.6 (70.4) (124.3) 209.4 218.4 17.9 (1.7) 3.8 15.6 2.1
Net Income 76.1 64.5 40.5 27.0 96.5 21.4 0.3 4.2 8.2 23.5 84.5 18.8 11.6 38.6 26.8 20.3 (155.4) (224.3) 58.6 (178.7) (43.8) (95.7) (17.5) (303.3) 532.4 230.9 2.9 (6.4) (3.8) (15.6) (2.1)
Per Share Data
EPS (Basic) 3.02 2.55 1.59 1.05 3.78 0.82 0.01 0.17 0.35 1.03 3.69 0.85 0.56 1.87 1.30 0.99 -6.90 -8.84 2.13 -5.58 -1.35 -3.27 -0.66 -12.12 23.37 9.90 0.13 -0.45 -0.27 -1.20 -0.20
EPS (Diluted) 3.01 2.54 1.58 1.03 3.70 0.81 0.01 0.17 0.35 1.03 3.63 0.82 0.52 1.75 1.19 0.94 -6.90 -8.84 2.13 -5.58 -1.35 -3.27 -0.66 -12.12 21.36 9.21 0.12 -0.32 -0.27 -1.36 -0.20
Shares Outstanding 25.2 25.2 25.5 25.8 25.5 26.3 25.3 24.7 23.2 22.8 22.9 22.0 20.9 20.7 20.6 20.5 22.5 25.4 27.4 32.0 32.3 29.3 26.7 25.0 22.8 23.3 22.9 14.2 14.1 13.0 10.8
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Current Assets
Cash & Cash Equivalents 226.5 164.6 103.6 98.4 107.1 84.9 80.2 68.1 90.3 109.5 111.3 169.0 142.2 99.0 351.2 1,091.1 162.9 52.9 115.3 7.7 14.9 0.2
Short-Term Investments 27.3 28.4 48.6 39.4 56.4 24.3 8.2 6.0 58.3 52.9 7.4 134.0 897.1 921.7 658.7 3.5 230.2 77.9 0 0 0 0
Net Receivables 42.9 42.2 32.1 64.3 46.6 44.2 58.1 69.5 65.2 47.5 105.2 141.6 184.1 126.3 119.9 116.8 164.6 125.1 40.2 18.4 12.4 2
Inventory 0 0 0 129.8 0 0 197.3 11.4 (4.5) (15.7) 36.4 37.0 (10.6) (57.8) 6.2 (9.4) 13.1 0 0 0 0 0
Other Current Assets 223.6 169.7 156.0 146.8 136.5 135.7 201.7 165.8 142.8 120.0 32.8 54.4 107.0 81.3 65.3 32.4 71.1 36.3 72.4 2.9 3.2 0.2
Total Current Assets 520.3 422.5 387.1 362.6 388.1 322.1 368.5 328.9 371.1 339.1 376.6 576.0 1,330.4 1,228.3 1,201.4 1,243.7 641.9 292.2 227.9 29 30.5 2.4
Non-Current Assets
Property, Plant & Equipment 40.7 41.9 44.2 44.1 38.5 39.6 34.4 36.1 89.0 87.4 133.5 229.9 261.8 286.8 250.6 224.0 225.6 114.1 75.3 25.7 12.5 1.8
Goodwill 26.5 26.3 26.5 26.4 14.9 12.9 11.2 11.3 11.3 11.2 17.3 74.5 89.5 0 32.7 0 0 0 0 0 0 0
Intangible Assets 5.1 6.3 8.2 9.6 7.6 4.0 4.2 0.5 0 0.8 5.9 9.4 32.9 65.2 25.5 197.8 173.2 79.7 74.2 1.4 0 0
Long-Term Investments 3.6 6.5 9.9 7.4 11.7 8.8 9.3 6.6 26.9 14.0 13.1 40.3 66.9 41.6 0 0 0 0 0 0 0 0
Other Non-Current Assets 11.2 11.5 10.9 10.3 10.4 8.9 11.6 11.0 8.8 7.6 13.2 70.5 159.7 152.1 97.7 215.8 178.3 29.3 39.8 2.4 0.8 0
Total Non-Current Assets 105.9 127.6 123.7 134.5 124.5 82.6 75.2 70.7 147.8 130.6 183 427.0 543.9 504.0 406.5 637.6 577.2 223.1 189.3 29.5 13.3 1.8
Total Assets 626.2 550.1 510.8 497.1 512.7 404.8 443.7 399.6 519.0 469.7 559.6 1,003.0 1,874.4 1,732.3 1,607.9 1,881.3 1,219.1 515.3 417.2 58.5 43.8 4.2
Current Liabilities
Account Payables 19.4 24.8 22.2 29.1 24.5 25.1 37.1 45.1 41.0 30.3 67.5 83.0 122.5 106.8 121.5 163.3 161.9 79.5 38.8 17 7.8 0.8
Short-Term Debt 0.8 0 0 0 0 0 0 0 0 0 8.1 11.4 21.8 27.9 23.0 20.9 36.1 13.2 5.9 3.4 0 0
Deferred Revenue 27.7 0 121.8 122.3 157.8 156.1 217.5 55.0 76.5 182.0 69.2 88.6 140.8 145.3 112.2 71.4 0 0 0 0 0 0
Other Current Liabilities 245.0 170.4 181.8 187.8 221.5 207.9 263.3 148.4 236.0 232.5 2.5 14.8 27.2 1.5 11.9 17.8 95.9 20.1 16.8 3.7 9.2 2.5
Total Current Liabilities 293.0 279.3 294.1 305.1 339.3 324.9 389.1 367.0 362.8 343.8 314.4 524.5 525.4 467.8 393.0 328.3 294.0 112.8 61.5 24.1 17 3.3
Non-Current Liabilities
Long-Term Debt 0 0 0 0 0 0 0 0 0 0 43.3 100.2 4.7 0 0 0.4 56.1 128.7 113 9.1 0 0
Deferred Tax Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 145.0 150.1 242.0 390.9 168.8 0 0 0 0 0
Other Non-Current Liabilities 1.7 2.7 3.4 6.6 1.2 1.4 1.1 1.3 1.6 1.6 16.8 19.0 43.5 31.1 3.1 14.1 0.7 0 0.1 0 0 0
Total Non-Current Liabilities 2.8 4.2 6.2 11.2 6.7 8.7 1.1 1.3 1.6 1.6 65.8 130.3 225.1 219.7 290.5 455.6 225.6 128.7 113.1 9.1 7.8 0.8
Total Liabilities 295.8 283.5 300.3 316.3 346.0 333.6 390.1 368.3 364.4 345.5 380.2 654.8 750.4 687.5 683.4 783.9 519.6 241.5 174.6 33.2 17 3.3
Stockholders' Equity
Common Stock 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.4 1.0 1.0 0.8 0.8 0.7 0.4 0.3 0 0 0 0
Retained Earnings 157.1 86.6 24.7 (15.8) (42.9) (139.3) (160.8) (173.1) (163.4) (153.7) (251.9) (96.5) 305.5 401.2 418.7 722.1 189.7 (25.4) (28.3) (21.9) (18.1) (2.5)
Accumulated Other Comprehensive Income (16.6) (18.1) (17.2) (11.3) (10.2) (7.4) (4.9) (5.0) (2.3) (3.7) 1.0 6.8 6.1 (8.1) (2.7) (2.8) (92.9) (0.3) 0 0 0 0
Total Stockholders' Equity 305.1 246.2 193.7 167.6 164.9 74.8 56.2 30.7 145.7 123.8 176.3 342.3 991.2 897.5 869.5 1,076.0 468.2 253.4 238.7 25.3 26.8 0.9
Total Liabilities & Equity 626.2 550.1 510.8 497.1 512.7 404.8 443.7 399.6 519.0 469.7 559.6 1,003.0 1,874.4 1,732.3 1,607.9 1,881.3 1,219.1 515.3 417.2 58.5 43.8 4.2
Debt Metrics
Total Debt 1.9 1.5 2.9 4.6 5.5 7.4 0 0 0 0 57.1 122.7 53.6 72.9 68.4 71.1 92.3 141.9 118.9 12.5 0 0
Net Debt (224.6) (163.0) (100.8) (93.7) (101.7) (77.5) (80.2) (68.1) (90.3) (109.5) (54.1) (46.3) (88.6) (26.1) (282.9) (1,020.0) (70.6) 89 3.6 4.8 (14.9) (0.2)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Operating Activities
Net Income 81.1 68.3 44.4 29.0 96.9 21.4 0.3 5.2 9.6 25.4 (43.8) (95.7) (17.5) (303.3) 532.4 233.8 6.2 (6.3) (3.8) (15.4) (2.1)
Depreciation & Amortization 21.0 20.4 20.1 18.1 17.8 20.4 22.6 22.8 21.7 20.5 111.9 99.9 89.3 66.0 60.4 91.5 42 11.3 4.9 1.2 0.3
Stock-Based Compensation 3.1 7.4 4.5 1.9 1.5 3.9 2.2 3.6 3.7 2.7 0 0 32.3 1.9 0 0 0 0 0 0 0
Change in Working Capital (3.7) (15.9) (36.2) (49.1) (11.2) (74.9) 59.4 (33.1) (13.8) 3.9 (135.6) (47.5) (32.3) 41.5 122.2 49.5 (53.1) (1.5) (5.5) (0.6) 1.4
Other Non-Cash Items 9.3 9.0 8.7 24.7 (5.6) 3.5 0.3 2.2 0.0 (7.2) 63.7 118.6 38.7 343.0 (892.9) (668.8) (22.8) (0.1) 0 (0.1) 0.9
Operating Cash Flow 127.1 78.2 54.1 29.4 66.6 (29.6) 85.1 6.9 19.0 49.1 (3.8) 76.8 40.8 21.7 26.2 (77.1) (18.3) 30.6 (4.4) (14.9) 0.5
Investing Activities
Capital Expenditure (20.8) (18.9) (22.0) (21.9) (16.8) (16.0) (18.7) (20.6) (22.9) (18.4) (112.3) (89.3) (63.2) (39.2) (106.5) (101.2) (48.1) (61.9) (7.1) (11.9) (1.3)
Acquisitions 0 (2.0) (0.8) (8.6) (4.3) (0.5) (5.5) (0.1) (1.8) 15.2 0 (91.3) (16.6) (81.4) (73.7) (38.8) 0 0 0 0 0
Purchases of Investments (34.4) (31.9) (59.9) (24.5) (49.2) (22.4) (8.3) (22.5) (62.8) (48.9) (5,584.1) (3,877.1) (1,722.2) (1,399.2) 0 (7.1) (17.6) (60.3) 0 0 0
Sales/Maturities of Investments 36.3 50.1 49.2 21.2 26.2 6.5 6.3 41.5 48.0 35.6 5,711.2 3,959.2 1,487.7 742.9 164.1 115.4 0 0 0 0 0.3
Other Investing Activities (1.9) 2.0 (11.5) (4.3) (27.0) (16.0) (2.0) 24.9 (14.8) 1.9 (12.3) 0 (20.7) (8.5) 1,030.0 9.5 (15.1) (23.6) (2.1) 0 0
Investing Cash Flow (20.7) (0.7) (33.5) (33.8) (44.1) (32.5) (26.2) (1.6) (39.6) (16.5) 2.5 (98.5) (334.9) (785.5) 1,013.8 (22.1) (80.8) (145.8) (9.2) (11.9) (1)
Financing Activities
Net Debt Issuance 0 0 (1.7) 1.0 0 0 0 0 0 (6.4) 64.2 (24.4) (49.9) (27.3) (40.8) (104.1) 6.6 102.3 4.3 0 0
Stock Repurchased (17.8) (14.8) (13.9) (26.2) (4.2) (4.5) (3.9) (2.3) (1.8) (4.8) (14.7) 0 0 (15.6) (135.8) (101.9) 0 0 0 0 0
Dividends Paid (5.5) (2.5) 0 0 0 0 0 (13.9) (17.9) (17.4) 0 0 0 0 0 0 0 0 0 0 0
Other Financing Activities (0.1) 0.1 (0.2) 9.6 (0.3) (1.2) (2.2) (10.3) 1.6 0.9 (27.9) (26.9) (23.0) (19.0) (18.9) 2.4 (10.4) (3.6) 0 0 0
Financing Cash Flow (23.4) (17.2) (15.8) (15.6) (4.5) (5.7) 7.2 (26.6) 6.8 (27.6) 30.9 61.9 (22.4) 23.9 (111.9) 209.1 36.7 222.8 6.5 41.5 0
Cash Position
Net Change in Cash 86.4 56.6 9.3 (37.4) 25.7 (56.0) 54.0 (22.1) (13.5) (0.8) 29.8 43.1 (316.4) (739.8) 928.2 110.0 (62.4) (7.7) (14.9) (0.2) (0.5)
Cash at Beginning 255.5 198.8 189.6 226.9 201.2 257.2 203.2 96.1 109.5 110.4 142.2 99.0 415.5 1,091.1 162.9 52.9 115.3 7.7 14.9 0.2 0.8
Cash at End 341.8 255.5 198.8 189.6 226.9 201.2 257.2 74.0 96.1 109.5 172.0 142.2 99.0 351.2 1,091.1 162.9 52.9 0 0 0 0.3
Free Cash Flow 106.3 59.3 32.2 7.5 49.9 (45.6) 66.5 (13.7) (3.9) 30.7 (116.1) (12.6) (22.3) (17.5) (80.3) (178.3) (66.4) (31.3) (11.5) (26.8) (0.8)
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995
Income Statement
Revenue 1,231.5 1,205.8 1,238.9 1,364.1 1,447.0 1,345.8 1,409.2 1,547.5 1,501.7 1,496.3 1,596.8 1,651.5 1,620.6 1,506.8 1,555.5 1,401.4 1,538.6 1,878.0 2,012.7 2,226.4 2,468.5 2,216.9 1,834.5 1,531.6 1,231.0 1,093.9 732.2 335.4 135.2 57.7 11.7
Gross Profit 446.2 390.2 363.1 329.6 292.9 261.8 235.2 241.5 226.0 249.7 268.4 284.3 265.0 237.4 286.1 290.7 365.1 409.2 397.7 446.4 625.4 537.8 425.1 326.6 164.1 218.6 172.9 94.5 43 21.3 4.2
Operating Income 100.4 64.8 60.7 60.1 57.0 24.9 1.9 8.4 5.5 26.2 93.0 29.8 29.4 8.3 15.5 32.2 (73.5) 2,106.8 (172.7) (220.8) (115.8) (121.9) (73.6) (224.3) (432.7) (216.6) 2.4 (3.8) (3.4) (15.7) (2.1)
Net Income 76.1 64.5 40.5 27.0 96.5 21.4 0.3 4.2 8.2 23.5 84.5 18.8 11.6 38.6 26.8 20.3 (155.4) (224.3) 58.6 (178.7) (43.8) (95.7) (17.5) (303.3) 532.4 230.9 2.9 (6.4) (3.8) (15.6) (2.1)
EPS (Diluted) 3.01 2.54 1.58 1.03 3.70 0.81 0.01 0.17 0.35 1.03 3.63 0.82 0.52 1.75 1.19 0.94 -6.90 -8.84 2.13 -5.58 -1.35 -3.27 -0.66 -12.12 21.36 9.21 0.12 -0.32 -0.27 -1.36 -0.20
Balance Sheet
Cash & Equivalents 226.5 164.6 103.6 98.4 107.1 84.9 80.2 68.1 90.3 109.5 111.3 169.0 142.2 99.0 351.2 1,091.1 162.9 52.9 115.3 7.7 14.9 0.2
Total Assets 626.2 550.1 510.8 497.1 512.7 404.8 443.7 399.6 519.0 469.7 559.6 1,003.0 1,874.4 1,732.3 1,607.9 1,881.3 1,219.1 515.3 417.2 58.5 43.8 4.2
Total Debt 1.9 1.5 2.9 4.6 5.5 7.4 0 0 0 0 57.1 122.7 53.6 72.9 68.4 71.1 92.3 141.9 118.9 12.5 0 0
Stockholders' Equity 305.1 246.2 193.7 167.6 164.9 74.8 56.2 30.7 145.7 123.8 176.3 342.3 991.2 897.5 869.5 1,076.0 468.2 253.4 238.7 25.3 26.8 0.9
Cash Flow
Operating Cash Flow 127.1 78.2 54.1 29.4 66.6 (29.6) 85.1 6.9 19.0 49.1 (3.8) 76.8 40.8 21.7 26.2 (77.1) (18.3) 30.6 (4.4) (14.9) 0.5
Capital Expenditure (20.8) (18.9) (22.0) (21.9) (16.8) (16.0) (18.7) (20.6) (22.9) (18.4) (112.3) (89.3) (63.2) (39.2) (106.5) (101.2) (48.1) (61.9) (7.1) (11.9) (1.3)
Free Cash Flow 106.3 59.3 32.2 7.5 49.9 (45.6) 66.5 (13.7) (3.9) 30.7 (116.1) (12.6) (22.3) (17.5) (80.3) (178.3) (66.4) (31.3) (11.5) (26.8) (0.8)