IDT CORP
For the period ended Jan 31, 2026. Filed Mar 12, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jan 31, 2026 · Filed Mar 12, 2026
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION** **
Washington, D.C. 20549
**FORM 10-Q **
| ☒ | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|
**FOR THE QUARTERLY PERIOD ENDED JANUARY 31,2026 **
or
| ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
|---|
**Commission File Number:1-16371 **
**IDT CORPORATION **
(Exact Name of Registrant as Specified in its Charter)
| Delaware | 22-3415036 |
|---|---|
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification Number) |
| 520 Broad Street, Newark, New Jersey | 07102 |
| (Address of principal executive offices) | (Zip Code) |
**(973) 438-1000 **
(Registrant’s telephone number, including area code)
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Name of each exchange on which registered |
|---|---|
| Class B common stock, par value $.01 per share | New York Stock Exchange |
Trading symbol: IDT
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☒ No ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
| Large accelerated filer | ☒ | Accelerated filer | ☐ |
|---|---|---|---|
| Non-accelerated filer | ☐ | Smaller reporting company | ☐ |
| Emerging growth company | ☐ | ||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act.): Yes ☐ No☒
As of March 4, 2026, the registrant had the following shares outstanding:
| Class A common stock, $.01 par value: | 1,574,326 shares outstanding (excluding 1,698,000 treasury shares) |
|---|---|
| Class B common stock, $.01 par value: | 23,501,904 shares outstanding (excluding 5,061,369 treasury shares) |
TABLE OF CONTENTS
| PART I. FINANCIAL INFORMATION | 3 | ||
|---|---|---|---|
| Item 1. | Financial Statements (Unaudited) | 3 | |
| Condensed Consolidated Balance Sheets | 3 | ||
| Condensed Consolidated Statements of Income | 4 | ||
| Condensed Consolidated Statements of Comprehensive Income | 5 | ||
| Condensed Consolidated Statements of Equity | 6 | ||
| Condensed Consolidated Statements of Cash Flows | 8 | ||
| Notes to Condensed Consolidated Financial Statements | 9 | ||
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 26 | |
| Item 3. | Quantitative and Qualitative Disclosures About Market Risks | 35 | |
| Item 4. | Controls and Procedures | 35 | |
| PART II. OTHER INFORMATION | 36 | ||
| Item 1. | Legal Proceedings | 36 | |
| Item 1A. | Risk Factors | 36 | |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 37 | |
| Item 3. | Defaults Upon Senior Securities | 37 | |
| Item 4. | Mine Safety Disclosures | 37 | |
| Item 5. | Other Information | 37 | |
| Item 6. | Exhibits | 38 | |
| SIGNATURES | 39 | ||
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