Episode Details

IDT Corporation (IDT) Q4 FY2026 — Saved regular-session reference $69.61; exact release clock unverified, so no earnings reaction is asserted. Record operating results meet a cash-conversion test. IDT guides to higher FY2027 gross profit and adjusted EBITDA, but settlement funding absorbed cash as its growth businesses expanded. We trace the earnings, customer deposits and subsidiary ownership before valuing the common shares. THE CALL: HOLD (3/5, MODERATE) — base-case value ~$60.00 vs ~$69.61 at the saved regular-session reference. KEY METRICS: - Q4 revenue $338.979M; operating income $33.205M - FY2026 operating income $121.165M; operating cash $91.069M - Customer-deposit-adjusted operating cash $60.925M; less capex gives $37.818M, before owner-specific adjustments - FY2027 guidance: gross profit $545M–$555M; adjusted EBITDA $176M–$180M - HOLD; $60 base fair value; $40–$85 scenarios; high uncertainty What to watch: Deposit-adjusted cash recovery, profitable NRS growth, FY2027 guidance execution and updated subsidiary ownership. Full research packet: https://chargedalpha.com/research/idt-q4-fy2026 Also on YouTube: @ChargedAlpha DISCLAIMER: For informational and educational purposes only. Not financial advice. Do your own research before any investment decision.