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PowerFleet, Inc. AIOT Africa — Total revenues

Other geography segments

Europe and Middle East
$12.07M-2.3%
Other
$6.13M+23.3%

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Other financials

Income statement

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Revenue$110.8M+6.4%
Gross profit$61.2M+8.3%
Operating income$270.0K+113%
Net income-$8.3M+19.3%
EPS (diluted)-$0.06+25.0%

Balance sheet

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Cash & equivalents$36.7M+3.0%
Total debt$338.0M+7.2%
Total equity$482.6M+4.7%
Total assets$962.6M+3.4%

Cash flow

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Operating cash flow$8.4M+78.8%
CapEx$4.9M-39.9%
Free cash flow$3.6M+205%

Valuation

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Market cap$410.73M-20.5%
Enterprise value$712.04M-10.6%
P/S0.9×-0.4×

Profitability

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Gross margin55.7%+1.7pp
Operating margin4.9%+3.6pp
Net margin-4.1%-1.5pp
FCF margin3.5%

Returns & leverage

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Return on equity-3.9%-1.4pp
Debt / equity0.7×0.0×
Current ratio1.1×0.0×

Where this comes from

Reported directly by PowerFleet, Inc. in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: PowerFleet, Inc.’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:08 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001628280-26-055222
Line itemThree Months Ended June 30, 20252026
North America$37,425$34,430
Israel13,29517,735
Africa25,46229,230
Europe and Middle East12,35212,066
Australia10,61811,207
Other4,9696,125
$104,121$110,793

Item 1. Financial Statements (Unaudited)

FAQ

What is PowerFleet, Inc.'s africa — total revenues?
PowerFleet, Inc. (AIOT) reported africa — total revenues of $29.23M in Q2 2026.
How has PowerFleet, Inc.'s africa — total revenues changed year-over-year?
PowerFleet, Inc.'s africa — total revenues increased by 14.8% year-over-year, from $25.46M to $29.23M.
What is the long-term trend for PowerFleet, Inc.'s africa — total revenues?
Over 3 years (2023 to 2026), PowerFleet, Inc.'s africa — total revenues has grown at a 223.5% compound annual growth rate (CAGR), from $3.24M to $109.71M.
What does africa — total revenues mean?
This metric represents the total gross income generated from the sale of IoT solutions, software-as-a-service subscriptions, and related services within the African geographic market. It serves as a key indicator of the company's market penetration and adoption rate of its asset management technologies in this specific region. Growth in this figure reflects successful expansion strategies and increasing demand for operational intelligence tools in the local enterprise sector.

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