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PowerFleet, Inc. AIOT Services — 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 services — total cost of revenues?
PowerFleet, Inc. (AIOT) reported services — total cost of revenues of $34.53M in Q1 2026.
How has PowerFleet, Inc.'s services — total cost of revenues changed year-over-year?
PowerFleet, Inc.'s services — total cost of revenues increased by 12.4% year-over-year, from $30.72M to $34.53M.
What is the long-term trend for PowerFleet, Inc.'s services — total cost of revenues?
Over 4 years (2022 to 2026), PowerFleet, Inc.'s services — total cost of revenues has grown at a 51.0% compound annual growth rate (CAGR), from $26.58M to $138.2M.
What does services — total cost of revenues mean?
This metric captures the direct costs associated with delivering services, including cloud infrastructure hosting, customer support, and the maintenance of IoT data platforms. Monitoring this figure is essential for evaluating the scalability of the service segment and the efficiency of the underlying technology stack. It is a primary component in calculating the gross margin for the company's service-based business activities.