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Jan 31

IDT Q2 2025 Earnings Report

IDT reported record Q2 2025 results, with strong revenue and earnings growth across key segments.

Key Takeaways

IDT's Q2 2025 revenue grew 2% year-over-year to $303.3 million, with gross profit increasing 16% to $112 million. Net income reached $20.3 million, a 41% increase, while GAAP EPS rose to $0.80. Non-GAAP EPS improved to $0.84. Key segments, including National Retail Solutions and BOSS Money, posted significant growth, while traditional communications continued to contribute positively. Adjusted EBITDA jumped 56% to $34 million.

Q2 2025 revenue grew 2% year-over-year to $303.3 million.

Net income increased 41% to $20.3 million, with GAAP EPS at $0.80.

BOSS Money transactions grew 36%, driving a 34% increase in segment revenue.

Adjusted EBITDA surged 56% to $34 million, supported by margin expansion.

Total Revenue
$303M
Previous year: $296M
+2.4%
EPS
$0.84
Previous year: $0.67
+25.4%
Gross Profit
$112M
Previous year: $97.4M
+15.1%
Cash and Equivalents
$142M
Previous year: $178M
-20.0%
Total Assets
$576M
Previous year: $522M
+10.3%

IDT

IDT

IDT Revenue by Segment

Forward Guidance

IDT expects continued revenue and earnings growth, with fintech and cloud communications segments driving expansion.

Positive Outlook

  • Revenue growth expected to continue, driven by fintech and cloud communications.
  • NRS recurring revenue anticipated to increase with higher merchant adoption.
  • net2phone expansion in the U.S., Brazil, and Mexico to drive seat growth.
  • Strong cash flow and balance sheet support increased dividends and buybacks.
  • Continued innovation in AI and fintech solutions expected to enhance margins.

Challenges Ahead

  • Declining voice minutes may impact IDT Global and BOSS Revolution Calling revenue.
  • Macroeconomic uncertainties could affect fintech transaction volumes.
  • Regulatory changes may impact digital payment and remittance services.
  • Foreign exchange volatility could impact net2phone's international markets.
  • Higher SG&A expenses may pressure profit margins in the near term.

Revenue & Expenses

Visualization of income flow from segment revenue to net income