Powerfleet AIOT
NASDAQ AIOT
$2.96 -0.06 (-1.99%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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