IDT Corporation (IDT) reported fiscal 2025 results showing mixed operational trends across its segments. Total revenues were $899.6 million in fiscal 2025, down from $1,002.7 million the prior year, while net income rose to $68.3 million from $44.4 million. Operating cash flow remained strong at $127.1 million. Key operating businesses include net2phone (unified communications and CCaaS), National Retail Solutions (NRS) (POS, payments, display advertising, data/analytics, SaaS), BOSS Revolution/BOSS Money (remittances and digital payments) and IDT Global (wholesale voice/SMS). The company increased its quarterly dividend to $0.06 per share and repurchased 221,823 Class B shares for $10.1 million in fiscal 2025. Ownership stakes include ~94.0% of net2phone 2.0 and ~81.6% of NRS. The filing discloses a wide range of operational, regulatory and geopolitical risks and notes material customer receivable concentration.
IDT Corporation has filed a Form S-8 registration statement for its 2024 Equity Incentive Plan, as amended and restated, covering equity awards for employees and other participants. The filing explains that detailed plan prospectus materials will be provided directly to participants and incorporates by reference IDT’s Form 10-K for the fiscal year ended July 31, 2025, its September 22, 2025 Form 8-K, and the existing description of its Class B common stock. Legal matters are handled by General Counsel Joyce J. Mason, who beneficially owns 88,411 shares of Class B common stock through direct holdings, retirement accounts, employee programs, and family members, and holds 2,000 deferred stock units that can deliver between 1,000 and 8,000 shares based on future market prices. The document also outlines Delaware-law-based indemnification protections for directors and officers and includes standard SEC undertakings, with signatures from the CEO, CFO, and board members.
IDT Corporation filed a current report to furnish an earnings press release covering its fiscal quarter and fiscal year ended July 31, 2025. The company states that it issued the press release on September 29, 2025, and has attached it as Exhibit 99.1.
The report is provided under the results of operations and financial condition disclosure item and specifies that the information, including the exhibit, is being furnished rather than filed, which affects how it may be incorporated into other SEC documents. The press release also includes forward‑looking statements that are subject to cautionary language referenced in the release.
Joyce J. Mason, EVP and Corporate Secretary of IDT Corporation (IDT), reported a Section 16 filing reflecting equity changes dated 09/18/2025. The filing shows a grant of 2,000 Deferred Stock Units (DSUs) that convert into Class B common stock and vest ratably on 02/17/2026, 02/16/2027 and 02/15/2028, with deferral options on the first two vesting dates. The DSU conversion rate depends on market price versus a grant price of $50.90, yielding between 0.5 and 4.0 shares per DSU; full vesting will result in 1,000 to 8,000 Class B shares issued. Following transactions and existing holdings, Ms. Mason beneficially owns disclosed Class B shares directly and indirectly: 21,764 held directly, plus additional shares held for spouse, son and a 401(k) plan, with specific totals shown in the filing.
IDT Corporation Chief Technology Officer David Wartell was granted 5,000 Deferred Stock Units (DSUs) on 09/18/2025. The DSUs vest ratably on 02/17/2026, 02/16/2027 and 02/15/2028, with optional deferral of the first two vesting dates by the recipient.
Each DSU converts to Class B common stock based on market price relative to the grant price of $50.90. Conversion ranges from a minimum of 0.5 shares to a maximum of 4.0 shares per DSU, so full vesting will result in issuance of between 2,500 and 20,000 Class B shares. Reported beneficial ownership after the grant is 5,000 Class B shares held directly.
IDT Corporation (IDT) Form 4 filing discloses activity by Shea Nadine, EVP of Global Human Resources. On 09/18/2025 the filing reports 9,225 shares of Class B common stock as disposed, which the filing explains "consists of 9,225 shares of Class B common stock issued upon the vesting of DSUs." The report shows 2,511 shares of Class B common stock held indirectly via a 401(k) plan as of August 31, 2025. The filing also documents a grant on 09/18/2025 of 2,000 Deferred Stock Units (DSUs) that vest ratably on 02/17/2026, 02/16/2027 and 02/15/2028, with deferral options on 01/19/2026 and 01/18/2027. Each DSU converts to between 0.5 and 4.0 shares depending on market price versus the $50.90 grant price, with specific market-price definitions provided.
Bill Pereira, COO & President and a director of IDT Corp (IDT), reported transactions on Form 4 showing a grant of 15,000 deferred stock units (DSUs) on 09/18/2025 and the disposition of 84,433 shares of Class B common stock. The 15,000 DSUs vest ratably on 02/17/2026, 02/16/2027 and 02/15/2028, with deferral options and a variable share settlement ratio tied to the DSU grant price of $50.90, resulting in between 7,500 and 60,000 Class B shares upon full vesting. Following the reported transactions, Mr. Pereira directly disposed of 84,433 Class B shares and beneficially owns 3,434 Class B shares indirectly through a 401(k) plan as of the filing. The Form 4 was signed by Joyce J. Mason by power of attorney on 09/22/2025.
Marcelo Fischer, Chief Financial Officer of IDT Corporation, reported transactions on 09/18/2025. The filing shows a reported disposition of 64,513 shares of Class B common stock and an indirect beneficial ownership of 2,728 shares through a 401(k) plan as of August 31, 2025. Following the reported transactions, the filer holds 15,000 shares underlying newly granted deferred stock units (DSUs) directly.
The filing documents a grant of 15,000 DSUs on 09/18/2025 that vest ratably on 02/17/2026, 02/16/2027 and 02/15/2028, with possible deferral options. Each DSU converts into between 0.5 and 4.0 shares at vesting depending on market price, so total issuance on full vesting will be between 7,500 and 60,000 shares.
Ash Menachem, Executive Vice President of Strategic & Legal Affairs at IDT Corporation, reported a sale of 51,756 shares of Class B common stock on 09/18/2025. The filing explains those disposed shares consisted of 18,854 shares issued upon vesting of deferred stock units (DSUs) and 32,902 fully vested restricted shares. After the reported transactions, Menachem beneficially owned 2,826 Class B shares indirectly through a 401(k) plan as of 08/31/2025. On the same date he received a grant of 5,000 DSUs that vest ratably on 02/17/2026, 02/16/2027 and 02/15/2028; each DSU converts to between 0.5 and 4.0 shares at vesting based on market price relative to a $50.90 grant price, meaning total shares issued on full vesting will range from 2,500 to 20,000. The DSUs permit limited deferral of vesting on specified dates.
IDT Corporation declared a new quarterly cash dividend, signaling a return of cash to its shareholders. The Board of Directors approved a dividend of $0.06 per share on its Class B common stock.
The dividend will be paid on October 10, 2025 to stockholders who are on record as of September 30, 2025. Investors holding shares on that record date will be eligible to receive this cash payment.