Powerfleet (AIOT) Operating Expenses (2018 - 2025)

Powerfleet has disclosed Operating Expenses across 8 years of filings, most recently posting $56.3 million for Q4 2025.

• Operating Expenses for Q4 2025 came in at $56.3 million, changed N/A year-over-year; the trailing twelve-month figure through Dec 2025 was $173.2 million (up 75.57% YoY), and the FY2025 annual result was $220.4 million, up 824.2% from the prior year.
• Operating Expenses came in at $56.3 million for Q4 2025 at Powerfleet, down from $58.3 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $58.5 million in Q2 2025 to a low of $16.2 million in Q2 2021.
• The 5-year median for Operating Expenses is $18.7 million (2021), against an average of $28.9 million.
• Across the five-year window, Operating Expenses dropped 10.52% in 2021 and soared 198.07% in 2024, its largest moves.
• Powerfleet's Operating Expenses stood at $18.7 million in 2021, then declined by 5.55% to $17.6 million in 2022, then advanced by 21.01% to $21.3 million in 2023, then surged by 90.99% to $40.8 million in 2024, then soared by 38.19% to $56.3 million in 2025.
• The last three Operating Expenses figures came in at $56.3 million (Q4 2025), $58.3 million (Q3 2025), and $58.5 million (Q2 2025), per Business Quant data.