Powerfleet (AIOT) Gross Profit (2018 - 2026)
Powerfleet's (AIOT) quarterly Gross Profit came in at $61.2 million in Q2 2026, up 8.29% year-over-year from $56.5 million in Q2 2025, and down 5.42% quarter-over-quarter from $64.7 million in Q1 2026.
Analysis
Powerfleet (AIOT) Gross Profit (2018 - 2026) Analysis & Trends
Powerfleet has disclosed Gross Profit across 9 years of filings, most recently posting $61.2 million for Q2 2026.
- In Q2 2026, Gross Profit rose 8.29% year-over-year to $61.2 million; the TTM figure through Jun 2026 stood at $251.1 million (up 10.32% YoY), while the FY2026 annual figure was $246.4 million, up 26.67% from the prior year.
- Gross Profit came in at $61.2 million for Q2 2026 at Powerfleet, down from $64.7 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $81.0 million in Q3 2024 to a low of $14.6 million in Q1 2022.
- Average Gross Profit over 5 years is $40.6 million, with a median of $39.6 million recorded in 2024.
- Year-over-year, Gross Profit soared 200.7% in 2023 and dropped 22.72% in 2025.
- Over 5 years, Gross Profit stood at $16.8 million in 2022, then soared by 200.7% to $50.5 million in 2023, then surged by 60.37% to $81.0 million in 2024, then fell by 22.6% to $62.7 million in 2025, then fell by 2.44% to $61.2 million in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $61.2 million in Q2 2026, $64.7 million in Q1 2026, and $62.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Samsara | 23.05 Bn | 22.25 Bn | 361.14 Mn |
| 2 | Manhattan Associates | 12.23 Bn | 12.04 Bn | 168.33 Mn |
| 3 | Descartes Systems | 6.49 Bn | 6.11 Bn | 150.18 Mn |
| 4 | Sps Commerce | 2.89 Bn | 2.72 Bn | 138.79 Mn |
| 5 | Via Transportation | 2.17 Bn | 1.83 Bn | 55.61 Mn |
| 6 | Karooooo | 2.01 Bn | 1.91 Bn | 54.48 Mn |
| 7 | Ituran Location & Control | 1.03 Bn | 925.57 Mn | 53.35 Mn |
| 8 | Verra Mobility | 585.75 Mn | 530.95 Mn | 249.38 Mn |
| 9 | Powerfleet | 397.14 Mn | 364.32 Mn | 61.16 Mn |
| 10 | ReposiTrak | 142.32 Mn | 113.61 Mn | 5.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 61.16 Mn |
| Mar 31, 2026 | 64.66 Mn |
| Dec 31, 2025 | 62.69 Mn |
| Sep 30, 2025 | 62.59 Mn |
| Jun 30, 2025 | 56.48 Mn |
| Sep 30, 2024 | 80.99 Mn |
| Jun 30, 2024 | 39.65 Mn |
| Dec 31, 2023 | 50.50 Mn |
| Sep 30, 2023 | 33.13 Mn |
| Jun 30, 2023 | 16.02 Mn |
| Mar 31, 2023 | 16.57 Mn |
| Dec 31, 2022 | 16.80 Mn |
| Sep 30, 2022 | 17.45 Mn |
| Jun 30, 2022 | 16.16 Mn |
| Mar 31, 2022 | 14.59 Mn |
| Dec 31, 2021 | 14.97 Mn |
| Sep 30, 2021 | 14.27 Mn |
| Jun 30, 2021 | 16.05 Mn |
| Mar 31, 2021 | 14.47 Mn |
| Dec 31, 2020 | 15.19 Mn |