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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$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:CostOfGoodsAndServicesSold.

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 business segments — total cost of revenues?
PowerFleet, Inc. (AIOT) reported business segments — total cost of revenues of $49.83M in Q1 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 1.9% year-over-year, from $48.88M to $49.83M.
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.