I

IDT

Low-cost international calling and money transfers

Overview

IDT provides low-cost international communication and payment services, including affordable international calling and cross-border money transfers. Its BOSS Revolution service enables PIN-free international calling and, since 2013, money transfers for consumers. The company earns fees from these services and also offers gift-card incentives under the Awards2Go brand. IDT focuses on reliability through capacity stress testing and aims to help individuals and businesses access inexpensive, easy-to-use global telecom and financial services.

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About IDT

Simplify's Rating
Why IDT is rated
B
Rated B on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Data & AnalyticsFintechFinancial Services

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Newark, NJ

Founded

1990

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Simplify's take

What believers are saying

  • Fiscal 2026 EBITDA reached $154.6 million, beating guidance and signaling execution.
  • On September 29, 2026, IDT ended with $272 million cash and no debt.
  • BOSS Revolution launched eSIMs in 190+ countries, opening a new travel wallet channel.

What critics are saying

  • Traditional Communications still anchors revenue, exposing IDT to carrier margin compression.
  • OnCore integration must monetize retail screens fast, or NRS valuation resets in 2027.
  • If BOSS Money adoption stalls, IDT loses its highest-margin growth engine and narrative.

What makes IDT unique

  • NRS pairs 40,000+ terminals with first-party transaction data and retail media.
  • net2phone surpassed $100 million revenue, bundling UCaaS, CCaaS, AI, and coaching.
  • BOSS Revolution combines remittances, telecom, and eSIM distribution inside one consumer app.

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Funding

Total Funding

$90M

Above

Industry Average

Funded Over

1 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Retirement Plan

Stock Price

Company News

Yahoo Finance
Oct 22nd, 2026
Three undervalued US stocks to own in October 2026: UVE, IDT and Heritage

Simply Wall St has picked three under-followed US stocks it says are undervalued, as fresh warnings about disruption near the Strait of Hormuz put energy costs back in focus. It argues that investors fixated on big resource exporters are overlooking smaller companies with healthy balance sheets. Universal Insurance Holdings (market cap $1.33 billion) sells home insurance and earns about $1.63 billion in revenue. Premium growth outside Florida rose 25.4% year over year, which helps spread its risk. IDT (market cap $2.10 billion) runs National Retail Solutions point-of-sale terminals alongside fintech and communications services. Traditional Communications brought in about $866 million. Heritage Insurance Holdings (market cap $1.07 billion) insures coastal homes and earns about $855 million. Management says most territories have reopened to new business after years of shrinking policy counts.

Yahoo Finance
Oct 3rd, 2026
IDT stock soars 17% on Q4 earnings beat and raised $85 price target

IDT's stock surged 17% this week following strong fourth-quarter results for fiscal 2026. The fintech and telecom company posted record gross profit and operating income, with revenue rising 7% year-over-year to $339 million and attributable net income jumping 29% to nearly $22 million. The company beat revenue estimates of $320 million but missed the adjusted earnings forecast of $0.97 per share, coming in at $0.94. Freedom Broker analyst Mikhail Paramonov raised his price target from $75 to $85 whilst maintaining a buy rating. IDT guided for double-digit growth in annual gross profit, projecting $545 million to $555 million this fiscal year, and expects record adjusted EBITDA of $176 million to $180 million.

Yahoo Finance
Sep 3rd, 2026
BOSS Revolution app launches eSIM plans in 190+ countries with up to 90% savings

IDT Corporation has launched eSIM data plans within its BOSS Revolution app, offering mobile connectivity in over 190 countries. The digital payment provider announced that customers can purchase and activate eSIMs directly through the app without physical SIM cards or carrier visits. The company claims travellers can save 70% to 90% on international data costs compared to traditional carrier roaming. First-time eSIM purchasers receive a 20% discount. Plans include standard options ranging from 1GB for seven days to 100GB for 30 days, with some starting below $1 per GB. Unlimited plans for trips of one to 30 days are also available, starting at less than $2.50 daily in select destinations. The launch comes as global travel eSIM usage is projected to reach approximately 134 million users in 2026, representing a 32% increase from 2025.

Yahoo Finance
Aug 29th, 2026
IDT's growth units hit $141M recurring revenue as net2phone spin-off delayed

IDT Corporation's higher-margin growth businesses — National Retail Solutions, BOSS Money and net2phone — now generate about one-third of revenue and two-thirds of gross profit, growing revenue 17% year over year in the latest quarter. National Retail Solutions reached $141 million in trailing-12-month recurring revenue, whilst BOSS Money benefited from accelerating digital remittances and net2phone posted record 17% adjusted EBITDA margins after subscription revenue rose 12% year over year. The company is delaying its planned net2phone spin-off, citing a desire for greater business scale and more favourable capital-market conditions. IDT ended the quarter with $251 million in cash and no debt. Consolidated adjusted EBITDA rose 13% to $37.5 million.

Minichart
Aug 18th, 2026
IDT Corp extends credit facility to July 2029, boosts seasonal borrowing to $50M

IDT Corporation's subsidiary, IDT Telecom, has extended its revolving credit facility with TD Bank to July 2029, nearly three years beyond the previous August 2026 maturity date. The amendment, executed on 13 August 2026, increases seasonal borrowing capacity to $50 million during May and December, up from $25 million in other months. The agreement adds three new corporate guarantors: National Retail Solutions, IDT Payment Services, and IDT Payment Services of New York. The extension provides IDT with enhanced financial flexibility to manage working capital requirements during peak seasonal periods. The facility remains secured by assets of IDT Telecom, IDT Corporation, and other key subsidiaries.

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