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PowerFleet, Inc. AIOT Products — Total cost of revenues

Other product segments

Services
$34.53M+12.4%

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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 products — total cost of revenues?
PowerFleet, Inc. (AIOT) reported products — total cost of revenues of $15.3M in Q1 2026.
How has PowerFleet, Inc.'s products — total cost of revenues changed year-over-year?
PowerFleet, Inc.'s products — total cost of revenues decreased by 15.7% year-over-year, from $18.15M to $15.3M.
What is the long-term trend for PowerFleet, Inc.'s products — total cost of revenues?
Over 4 years (2022 to 2026), PowerFleet, Inc.'s products — total cost of revenues has grown at a 10.5% compound annual growth rate (CAGR), from $39.63M to $59.15M.
What does products — total cost of revenues mean?
This metric captures the direct costs incurred to manufacture, procure, and deliver the physical IoT hardware products sold by the segment. It includes expenses such as raw materials, assembly, shipping, and direct labor associated with product fulfillment. Monitoring this figure is essential for evaluating the direct production efficiency and gross margin potential of the hardware business.