Powerfleet, Inc. (AIOT) Form 10-Q — Aug 10, 2026
Powerfleet reported fiscal Q1 revenue (quarter ended June 30, 2026) of $110.8 million, up 6.4% year over year, led by 9.1% growth in services revenue to $94.3 million driven primarily by Unity safety and AI video solutions. Profitability improved broadly: net loss attributable to common stockholders narrowed to $8.4 million ($(0.06) per share) from $10.2 million ($(0.08)), the company swung to a $0.3 million operating profit from a $2.0 million loss, gross margin expanded to 55.2%, and adjusted EBITDA rose to $21.5 million from $20.1 million.
Key figures
- Revenue
- 110793000
- Total Debt
- 278392000
- Revenue Yoy
- 6.4%
- Total Assets
- 962562000
- Cash Position
- 32824000
- Shares Outstanding
- 134225918
- Goodwill
- 421062000
- Gross Margin
- 55.2%
- Adjusted Ebitda
- 21528000
- Product Revenue
- 16480000
- Restricted Cash
- 3895000
- Working Capital
- 15500000
- Services Revenue
- 94313000
- Operating Cash Flow
- 8443000
- Product Revenue Yoy
- -6.7%
- Accumulated Deficit
- 234775000
- Services Revenue Yoy
- 9.1%
- Gross Margin Prior Year
- 54.2%
- Profit From Operations
- 270000
- Interest Expense Quarter
- 6983000
- Adjusted Ebitda Prior Year
- 20137000
- Rts Acquisition Fair Value
- 8765000
- Rmb General Facility Utilized
- 18100000
- Weighted Avg Short Term Borrowing Rate
- 7.94%
Price after filing
Close on the filing date to close N calendar days later (from $4.41). Historical, not a forecast.
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