Powerfleet (AIOT) Cost of Revenue (2018 - 2026)
Powerfleet (AIOT) posted Cost of Revenue of $49.8 million for Q1 2026, down 1.92% sequentially from $50.8 million in Q4 2025.
Powerfleet (AIOT) Cost of Revenue (2018 - 2026) Analysis & Trends
Powerfleet (AIOT) has 9 years of Cost of Revenue data on file, last reported at $49.8 million in Q1 2026.
- Quarterly Cost of Revenue changed N/A year-over-year to $49.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $197.4 million (changed N/A YoY) and the FY2026 annual result came in at $197.4 million, up 17.49% from the prior year.
- Cost of Revenue slipped to $49.8 million in Q1 2026 per AIOT's latest filing, from $50.8 million in the prior quarter.
- The five-year high for Cost of Revenue was $50.8 million in Q4 2025, with the low at $16.1 million in Q2 2023.
- Average Cost of Revenue over 5 years is $29.0 million, with a median of $18.5 million recorded in 2022.
- Year-over-year, Cost of Revenue slipped 12.93% in 2023 and jumped 122.61% in 2024.
- Powerfleet's Cost of Revenue stood at $16.8 million in 2022, then increased by 2.5% to $17.2 million in 2023, then surged by 107.76% to $35.7 million in 2024, then jumped by 42.39% to $50.8 million in 2025, then slipped by 1.92% to $49.8 million in 2026.
- Business Quant data shows AIOT's Cost of Revenue at $49.8 million in Q1 2026, $50.8 million in Q4 2025, and $49.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 6.81 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 2.07 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 215.80 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 823.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 463.58 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 636.30 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 184.16 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 396.38 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 3.15 Bn |
| 10 | Powerfleet | 585.87 Mn | 555.39 Mn | 64.66 Mn | 49.83 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 49.83 Mn |
| Mar 31, 2026 | 49.83 Mn |
| Dec 31, 2025 | 50.80 Mn |
| Dec 31, 2025 | 50.80 Mn |
| Sep 30, 2025 | 49.09 Mn |
| Sep 30, 2025 | 49.09 Mn |
| Jun 30, 2025 | 47.64 Mn |
| Jun 30, 2025 | 47.64 Mn |
| Sep 30, 2024 | 35.68 Mn |
| Sep 30, 2024 | 35.68 Mn |
| Jun 30, 2024 | 35.78 Mn |
| Jun 30, 2024 | 35.78 Mn |
| Dec 31, 2023 | 17.17 Mn |
| Dec 31, 2023 | 17.17 Mn |
| Sep 30, 2023 | 17.14 Mn |
| Sep 30, 2023 | 17.14 Mn |
| Jun 30, 2023 | 16.07 Mn |
| Jun 30, 2023 | 16.07 Mn |
| Mar 31, 2023 | 16.28 Mn |
| Mar 31, 2023 | 16.28 Mn |