Powerfleet (AIOT) Cost of Revenue (2018 - 2025)

Powerfleet has disclosed Cost of Revenue across 8 years of filings, most recently posting $50.8 million for Q4 2025.

• Cost of Revenue for Q4 2025 came in at $50.8 million, changed N/A year-over-year; the trailing twelve-month figure through Dec 2025 was $183.2 million (changed N/A YoY), and the FY2025 annual result was $168.0 million, up 857.85% from the prior year.
• Cost of Revenue came in at $50.8 million for Q4 2025 at Powerfleet, up from $49.1 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $50.8 million in Q4 2025 to a low of $14.5 million in Q1 2021.
• The 5-year median for Cost of Revenue is $17.5 million (2021), against an average of $24.9 million.
• Across the five-year window, Cost of Revenue declined 12.93% in 2023 and soared 122.61% in 2024, its largest moves.
• Powerfleet's Cost of Revenue stood at $19.2 million in 2021, then dropped by 12.75% to $16.8 million in 2022, then advanced 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.
• The last three Cost of Revenue figures came in at $50.8 million (Q4 2025), $49.1 million (Q3 2025), and $47.6 million (Q2 2025), per Business Quant data.