Powerfleet (AIOT) Gross Margin (2018 - 2026)
Powerfleet's (AIOT) quarterly Gross Margin came in at 55.2% in Q2 2026, up 96.0% year-over-year from 28.16% in Q2 2025, and down 2.26% quarter-over-quarter from 56.48% in Q1 2026.
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Powerfleet (AIOT) Gross Margin (2018 - 2026) Analysis & Trends
Powerfleet has disclosed Gross Margin across 9 years of filings, most recently posting 55.2% for Q2 2026.
- In Q2 2026, Gross Margin rose 96.0% year-over-year to 55.2%; the TTM figure through Jun 2026 stood at 55.74% (up 316.0% YoY), while the FY2026 annual figure was 55.53%, up 187.0% from the prior year.
- Gross Margin came in at 55.2% for Q2 2026 at Powerfleet, down from 56.48% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 56.48% in Q1 2026 to a low of 43.84% in Q1 2022.
- Average Gross Margin over 5 years is 51.63%, with a median of 50.49% recorded in 2022.
- Year-over-year, Gross Margin tumbled 607 bps in 2022 and jumped 661 bps in 2023.
- Over 5 years, Gross Margin stood at 50.06% in 2022, then decreased by 0 bps to 50.06% in 2023, then grew by 6 bps to 53.13% in 2024, then grew by 4 bps to 55.24% in 2025, then dropped by 0 bps to 55.2% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 55.2% in Q2 2026, 56.48% in Q1 2026, and 55.24% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.05 Bn | 22.25 Bn | 361.14 Mn | 75.42% |
| 2 | Manhattan Associates | 12.23 Bn | 12.04 Bn | 168.33 Mn | 56.53% |
| 3 | Descartes Systems | 6.49 Bn | 6.11 Bn | 150.18 Mn | 77.56% |
| 4 | Sps Commerce | 2.89 Bn | 2.72 Bn | 138.79 Mn | 70.16% |
| 5 | Via Transportation | 2.17 Bn | 1.83 Bn | 55.61 Mn | 40.98% |
| 6 | Karooooo | 2.01 Bn | 1.91 Bn | 54.48 Mn | 71.25% |
| 7 | Ituran Location & Control | 1.03 Bn | 925.57 Mn | 53.35 Mn | 50.91% |
| 8 | Verra Mobility | 585.75 Mn | 530.95 Mn | 249.38 Mn | 94.61% |
| 9 | Powerfleet | 397.14 Mn | 364.32 Mn | 61.16 Mn | 55.20% |
| 10 | ReposiTrak | 142.32 Mn | 113.61 Mn | 5.00 Mn | 85.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 55.20% |
| Mar 31, 2026 | 56.48% |
| Dec 31, 2025 | 55.24% |
| Sep 30, 2025 | 56.04% |
| Jun 30, 2025 | 54.25% |
| Sep 30, 2024 | 53.13% |
| Jun 30, 2024 | 52.56% |
| Dec 31, 2023 | 50.06% |
| Sep 30, 2023 | 49.94% |
| Jun 30, 2023 | 49.91% |
| Mar 31, 2023 | 50.45% |
| Dec 31, 2022 | 50.06% |
| Sep 30, 2022 | 50.49% |
| Jun 30, 2022 | 46.80% |
| Mar 31, 2022 | 43.84% |
| Dec 31, 2021 | 43.81% |
| Sep 30, 2021 | 48.78% |
| Jun 30, 2021 | 47.83% |
| Mar 31, 2021 | 49.91% |
| Dec 31, 2020 | 51.60% |