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 has reported Cost of Revenue for 9 years, with the latest figure 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.
Over five years, Cost of Revenue peaked at $71.5 million in Q3 2024 and troughed at $16.1 million in Q2 2023.
A 5-year average of $35.1 million and a median of $34.5 million in 2023 frame the typical range for Cost of Revenue.
The sharpest annual moves came in 2023 and 2025: Cost of Revenue soared 200.73% in 2023, then slumped 31.3% in 2025.
Over 5 years, Cost of Revenue stood at $16.8 million in 2022, then jumped by 200.73% to $50.4 million in 2023, then soared by 41.83% to $71.5 million in 2024, then retreated by 28.91% to $50.8 million in 2025, then decreased by 1.92% to $49.8 million in 2026.
According to Business Quant data, Cost of Revenue over the past three periods registered $49.8 million, $50.8 million, and $49.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Cost of Rev (Qtr)
1	Microsoft	3,576.39 Bn	3,443.64 Bn	60.48 Bn	29.53 Bn
2	Palantir Technologies	412.58 Bn	403.17 Bn	1.64 Bn	296.87 Mn
3	Oracle	407.66 Bn	375.77 Bn	-	-
4	Palo Alto Networks	299.27 Bn	296.16 Bn	2.03 Bn	974.00 Mn
5	Fortinet	115.83 Bn	111.76 Bn	1.64 Bn	404.70 Mn
6	Cloudflare	106.65 Bn	102.48 Bn	499.52 Mn	196.54 Mn
7	Synopsys	76.61 Bn	74.41 Bn	1.77 Bn	637.38 Mn
8	CoreWeave	51.53 Bn	45.99 Bn	1.70 Bn	879.00 Mn
9	Block	47.55 Bn	41.12 Bn	3.17 Bn	3.45 Bn
10	Powerfleet	405.19 Mn	372.37 Mn	61.16 Mn	49.63 Mn

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