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PowerFleet, Inc. AIOT Africa — Total revenues

Other geography segments

Europe and Middle East
$13.26M+0.9%
Other
$6M+46.6%

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Other financials

Income statement

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Revenue$114.5M+10.5%
Gross profit$64.7M+18.1%
Operating income$11.0M+258%
Net income-$2.7M+78.6%
EPS (diluted)-$0.02+80.0%

Balance sheet

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Cash & equivalents$36.5M-25.2%
Total debt$296.9M-8.3%
Total equity$475.5M+6.5%
Total assets$955.6M+5.0%

Cash flow

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Operating cash flow$10.0M
CapEx$3.9M+14.7%
Free cash flow$6.1M

Valuation

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Market cap$497.81M-17.3%
Enterprise value$758.23M-13.5%
P/S1.1×-0.5×

Profitability

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Gross margin55.5%+1.9pp
Operating margin4.4%+2.7pp
Net margin-4.6%-1.9pp
FCF margin2%

Returns & leverage

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Return on equity-4.5%-2.0pp
Debt / equity0.6×-0.1×
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 official record: PowerFleet, Inc.’s 10-K, filed June 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PowerFleet, Inc.'s africa — total revenues?
PowerFleet, Inc. (AIOT) reported africa — total revenues of $28.89M in Q1 2026.
How has PowerFleet, Inc.'s africa — total revenues changed year-over-year?
PowerFleet, Inc.'s africa — total revenues increased by 22.5% year-over-year, from $23.59M to $28.89M.
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.