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PowerFleet, Inc. AIOT Services — Contract with Customer, Liability
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Where this comes from
Reported directly by PowerFleet, Inc. in its filing.
Tagged under the XBRL concept us-gaap:ContractWithCustomerLiability.
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 item | March 31, 2026 | June 30, 2026 |
|---|---|---|
| Deferred contract costs (1) | $12,431 | $14,177 |
| Deferred costs - current | — | $172 |
| Contract Liabilities: | ||
| Deferred revenue – services (2) | $23,337 | $23,759 |
| Deferred revenue – products (2) | 827 | 601 |
| 24,164 | 24,360 | |
| Less: Deferred revenue – current | (20,159) | (20,857) |
| Deferred revenue – long term | $4,005 | $3,503 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is PowerFleet, Inc.'s services — contract with customer, liability?
- PowerFleet, Inc. (AIOT) reported services — contract with customer, liability of $23.76M in Q2 2026.
- How has PowerFleet, Inc.'s services — contract with customer, liability changed year-over-year?
- PowerFleet, Inc.'s services — contract with customer, liability increased by 13.0% year-over-year, from $21.02M to $23.76M.
- What is the long-term trend for PowerFleet, Inc.'s services — contract with customer, liability?
- Over 4 years (2022 to 2026), PowerFleet, Inc.'s services — contract with customer, liability has grown at a 25.6% compound annual growth rate (CAGR), from $34.96M to $86.95M.
- What does services — contract with customer, liability mean?
- This metric represents the deferred revenue or performance obligations arising from service contracts where payment has been received or is due before the service is fully delivered. It provides insight into the company's future revenue visibility and the strength of its sales pipeline for service-based offerings. A high balance indicates strong customer commitment and a healthy backlog of services yet to be recognized as revenue.
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