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PowerFleet, Inc. AIOT Services — Total revenues

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Other financials

Income statement

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Revenue$110.8M+6.4%
Gross profit$61.2M+8.3%
Operating income$270.0K+113%
Net income-$8.3M+19.3%
EPS (diluted)-$0.06+25.0%

Balance sheet

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Cash & equivalents$36.7M+3.0%
Total debt$338.0M+7.2%
Total equity$482.6M+4.7%
Total assets$962.6M+3.4%

Cash flow

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Operating cash flow$8.4M+78.8%
CapEx$4.9M-39.9%
Free cash flow$3.6M+205%

Valuation

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Market cap$410.73M-20.5%
Enterprise value$712.04M-10.6%
P/S0.9×-0.4×

Profitability

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Gross margin55.7%+1.7pp
Operating margin4.9%+3.6pp
Net margin-4.1%-1.5pp
FCF margin3.5%

Returns & leverage

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Return on equity-3.9%-1.4pp
Debt / equity0.7×0.0×
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 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 itemThree Months Ended June 30, 20252026
Revenues:
Products$17,657$16,480
Services86,46494,313
Total revenues104,121110,793
Cost of revenues:
Cost of products13,22812,970
Cost of services34,41236,662
Total cost of revenues47,64049,632

Item 1. Financial Statements (Unaudited)

FAQ

What is PowerFleet, Inc.'s services — total revenues?
PowerFleet, Inc. (AIOT) reported services — total revenues of $94.31M in Q2 2026.
How has PowerFleet, Inc.'s services — total revenues changed year-over-year?
PowerFleet, Inc.'s services — total revenues increased by 9.1% year-over-year, from $86.46M to $94.31M.
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.

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