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PowerFleet, Inc. AIOT Business Segments — Total cost of revenues

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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:CostOfGoodsAndServicesSold.

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
Cost of revenues:
Cost of products13,22812,970
Cost of services34,41236,662
Total cost of revenues47,64049,632
Gross profit56,48161,161
Operating expenses:
Selling, general and administrative expenses53,66356,531
Research and development expenses4,8574,360

Item 1. Financial Statements (Unaudited)

FAQ

What is PowerFleet, Inc.'s business segments — total cost of revenues?
PowerFleet, Inc. (AIOT) reported business segments — total cost of revenues of $49.63M in Q2 2026.
How has PowerFleet, Inc.'s business segments — total cost of revenues changed year-over-year?
PowerFleet, Inc.'s business segments — total cost of revenues increased by 4.2% year-over-year, from $47.64M to $49.63M.
What is the long-term trend for PowerFleet, Inc.'s business segments — total cost of revenues?
Over 2 years (2023 to 2026), PowerFleet, Inc.'s business segments — total cost of revenues has grown at a 66.8% compound annual growth rate (CAGR), from $70.92M to $197.36M.
What does business segments — total cost of revenues mean?
This includes all direct costs associated with delivering IoT services, such as cloud hosting, hardware procurement, and technical support personnel. Monitoring this metric is essential for evaluating the direct profitability and cost-efficiency of the segment's service delivery model.

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