Powerfleet (AIOT) Gross Margin (2018 - 2026)
Powerfleet (AIOT) posted Gross Margin of 56.48% for Q1 2026, up 2.25% sequentially from 55.24% in Q4 2025.
Powerfleet (AIOT) Gross Margin (2018 - 2026) Analysis & Trends
Powerfleet has reported Gross Margin for 9 years, with the latest figure at 56.48% in Q1 2026.
- Quarterly Gross Margin changed N/A year-over-year to 56.48% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 55.53% (changed N/A YoY) and the FY2026 annual result came in at 55.53%, up 187.0% from the prior year.
- Gross Margin grew to 56.48% in Q1 2026 per AIOT's latest filing, from 55.24% in the prior quarter.
- Over five years, Gross Margin peaked at 56.48% in Q1 2026 and troughed at 43.84% in Q1 2022.
- A 5-year average of 51.38% and a median of 50.47% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin plunged 607 bps in 2022, then surged 661 bps in 2023.
- Over 5 years, Gross Margin stood at 50.06% in 2022, then dropped by 0 bps to 50.06% in 2023, then rose by 6 bps to 53.13% in 2024, then rose by 4 bps to 55.24% in 2025, then grew by 2 bps to 56.48% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 56.48%, 55.24%, and 56.04% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 67.20% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 84.66% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 67.55% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 80.24% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 71.76% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 73.54% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 65.86% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 47.84% |
| 10 | Powerfleet | 405.19 Mn | 372.37 Mn | 61.16 Mn | 55.20% |
Historic Data
Download 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% |