Powerfleet, Inc.AIOTEarnings & Financial Report
Powerfleet, Inc. is an American company headquartered in Woodcliff Lake, New Jersey, that operates as a global provider of IoT and M2M solutions for securing, controlling, and tracking high-value enterprise assets. The company is a provider in the international telematics industry, providing fleet management, asset tracking, freight visibility, and driver behavior monitoring for industrial trucks, vehicle fleets, and shipping containers.
AIOT Q3 FY2026 Key Financial Metrics
Revenue
$113.5M
Gross Profit
$62.7M
Operating Profit
$6.3M
Net Profit
$-3.4M
Gross Margin
55.2%
Operating Margin
5.6%
Net Margin
-3.0%
YoY Growth
6.6%
EPS
$-0.03
Powerfleet, Inc. Q3 FY2026 Financial Summary
Powerfleet, Inc. reported revenue of $113.5M (up 6.6% YoY) for Q3 FY2026, with a net profit of $-3.4M (up 76.6% YoY) (-3.0% margin). Cost of goods sold was $50.8M, operating expenses totaled $56.3M.
Key Financial Metrics
| Total Revenue | $113.5M |
|---|---|
| Net Profit | $-3.4M |
| Gross Margin | 55.2% |
| Operating Margin | 5.6% |
| Report Period | Q3 FY2026 |
Revenue Breakdown
Powerfleet, Inc. Q3 FY2026 revenue of $113.5M breaks down across 2 segments, led by Services at $91.1M (80.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Services | $91.1M | 80.3% |
| Products | $22.4M | 19.7% |
Powerfleet, Inc. Revenue by Segment — Quarterly Trend
Powerfleet, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Services and Products) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Services | $91.1M | $89.3M | $86.5M | $81.8M |
| Products | $22.4M | $22.4M | $17.7M | $21.9M |
Powerfleet, Inc. Annual Revenue by Year
Powerfleet, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $362.5M).
Powerfleet, Inc. Quarterly Revenue & Net Profit History
Powerfleet, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $113.5M | +6.6% | $-3.4M | -3.0% |
| Q2 FY2026 | $111.7M | +45.0% | $-4.3M | -3.8% |
| Q1 FY2026 | $104.1M | +38.0% | $-10.2M | -9.8% |
| Q4 FY2025 | $103.6M | -2.6% | $-12.4M | -12.0% |
| Q3 FY2025 | $106.4M | +208.1% | $-14.3M | -13.5% |
| Q2 FY2025 | $77.0M | +124.9% | $-1.9M | -2.5% |
| Q1 FY2025 | $75.4M | +135.0% | $-22.3M | -29.6% |
| Q3 FY2024 | $34.5M | +3.0% | $-3.5M | -10.1% |
Income Statement
| Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $34.5M | $75.4M | $77.0M | $106.4M | $103.6M | $104.1M | $111.7M | $113.5M |
| YoY Growth | 3.0% | 135.0% | 124.9% | 208.1% | -2.6% | 38.0% | 45.0% | 6.6% |
Balance Sheet
| Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | N/A | $684.9M | $748.3M | $908.7M | $910.1M | $930.8M | $936.9M | $959.5M |
| Liabilities | N/A | $294.4M | $297.2M | $450.1M | $463.3M | $469.9M | $467.9M | $474.3M |
| Equity | $57.6M | $390.4M | $451.0M | $458.4M | $446.6M | $460.7M | $468.8M | $485.0M |
Cash Flow
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $-7.6M | $-3.2M | $-6.1M | $13.5M | $4.7M | $5.5M | $10.2M |