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PowerFleet, Inc. AIOT Services — Total 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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 revenues?
PowerFleet, Inc. (AIOT) reported services — total revenues of $92.94M in Q1 2026.
How has PowerFleet, Inc.'s services — total revenues changed year-over-year?
PowerFleet, Inc.'s services — total revenues increased by 13.7% year-over-year, from $81.77M to $92.94M.
What is the long-term trend for PowerFleet, Inc.'s services — total revenues?
Over 4 years (2022 to 2026), PowerFleet, Inc.'s services — total revenues has grown at a 48.9% compound annual growth rate (CAGR), from $73.23M to $359.8M.
What does services — total revenues mean?
This metric represents the total gross revenue generated from the company's services segment, primarily derived from recurring software-as-a-service (SaaS) subscriptions and related IoT data intelligence offerings. It serves as a key indicator of the company's ability to scale its recurring revenue model and monetize its IoT platform capabilities. Growth in this metric reflects successful customer acquisition and expansion within the enterprise asset management market.