Powerfleet (AIOT) Cost of Revenue (2018 - 2026)
Powerfleet's (AIOT) quarterly Cost of Revenue came in at $49.6 million in Q2 2026, up 4.18% year-over-year from $47.6 million in Q2 2025, and little changed quarter-over-quarter from $49.8 million in Q1 2026.
Analysis
Powerfleet (AIOT) Cost of Revenue (2018 - 2026) Analysis & Trends
Powerfleet has disclosed Cost of Revenue across 9 years of filings, most recently posting $49.6 million for Q2 2026.
- In Q2 2026, Cost of Revenue rose 4.18% year-over-year to $49.6 million; the TTM figure through Jun 2026 stood at $199.3 million (down 2.88% YoY), while the FY2026 annual figure was $197.4 million, up 17.49% from the prior year.
- Cost of Revenue came in at $49.6 million for Q2 2026 at Powerfleet, roughly flat from $49.8 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $71.5 million in Q3 2024 to a low of $16.1 million in Q2 2023.
- Average Cost of Revenue over 5 years is $36.1 million, with a median of $35.8 million recorded in 2024.
- Year-over-year, Cost of Revenue surged 200.73% in 2023 and sank 31.3% in 2025.
- Over 5 years, Cost of Revenue stood at $16.8 million in 2022, then surged by 200.73% to $50.4 million in 2023, then jumped by 41.83% to $71.5 million in 2024, then declined by 28.91% to $50.8 million in 2025, then fell by 2.3% to $49.6 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $49.6 million in Q2 2026, $49.8 million in Q1 2026, and $50.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.05 Bn | 22.25 Bn | 361.14 Mn | 117.70 Mn |
| 2 | Manhattan Associates | 12.23 Bn | 12.04 Bn | 168.33 Mn | 129.46 Mn |
| 3 | Descartes Systems | 6.49 Bn | 6.11 Bn | 150.18 Mn | 43.45 Mn |
| 4 | Sps Commerce | 2.89 Bn | 2.72 Bn | 138.79 Mn | 59.03 Mn |
| 5 | Via Transportation | 2.17 Bn | 1.83 Bn | 55.61 Mn | 80.10 Mn |
| 6 | Karooooo | 2.01 Bn | 1.91 Bn | 54.48 Mn | 23.32 Mn |
| 7 | Ituran Location & Control | 1.03 Bn | 925.57 Mn | 53.35 Mn | 51.44 Mn |
| 8 | Verra Mobility | 585.75 Mn | 530.95 Mn | 249.38 Mn | 14.21 Mn |
| 9 | Powerfleet | 397.14 Mn | 364.32 Mn | 61.16 Mn | 49.63 Mn |
| 10 | ReposiTrak | 142.32 Mn | 113.61 Mn | 5.00 Mn | 853,744.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.63 Mn |
| Mar 31, 2026 | 49.83 Mn |
| Dec 31, 2025 | 50.80 Mn |
| Sep 30, 2025 | 49.09 Mn |
| Jun 30, 2025 | 47.64 Mn |
| Sep 30, 2024 | 71.46 Mn |
| Jun 30, 2024 | 35.78 Mn |
| Dec 31, 2023 | 50.38 Mn |
| Sep 30, 2023 | 33.21 Mn |
| Jun 30, 2023 | 16.07 Mn |
| Mar 31, 2023 | 16.28 Mn |
| Dec 31, 2022 | 16.75 Mn |
| Sep 30, 2022 | 17.11 Mn |
| Jun 30, 2022 | 18.36 Mn |
| Mar 31, 2022 | 18.70 Mn |
| Dec 31, 2021 | 19.20 Mn |
| Sep 30, 2021 | 14.98 Mn |
| Jun 30, 2021 | 17.50 Mn |
| Mar 31, 2021 | 14.52 Mn |
| Dec 31, 2020 | 14.24 Mn |