Powerfleet (AIOT) Operating Expenses (2018 - 2026)
Powerfleet's (AIOT) quarterly Operating Expenses came in at $60.9 million in Q2 2026, up 4.05% year-over-year from $58.5 million in Q2 2025, and up 13.52% quarter-over-quarter from $53.6 million in Q1 2026.
Analysis
Powerfleet (AIOT) Operating Expenses (2018 - 2026) Analysis & Trends
Powerfleet has disclosed Operating Expenses across 9 years of filings, most recently posting $60.9 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 4.05% year-over-year to $60.9 million; the TTM figure through Jun 2026 stood at $229.2 million (down 16.96% YoY), while the FY2026 annual figure was $226.8 million, up 2.91% from the prior year.
- Operating Expenses came in at $60.9 million for Q2 2026 at Powerfleet, up from $53.6 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $98.7 million in Q3 2024 to a low of $17.6 million in Q2 2022.
- Average Operating Expenses over 5 years is $43.7 million, with a median of $53.6 million recorded in 2026.
- Year-over-year, Operating Expenses surged 245.61% in 2023 and slumped 40.86% in 2025.
- Over 5 years, Operating Expenses stood at $17.6 million in 2022, then surged by 245.61% to $61.0 million in 2023, then soared by 61.81% to $98.7 million in 2024, then tumbled by 42.89% to $56.3 million in 2025, then gained by 8.07% to $60.9 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $60.9 million in Q2 2026, $53.6 million in Q1 2026, and $56.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.05 Bn | 22.25 Bn | 361.14 Mn | 353.95 Mn |
| 2 | Manhattan Associates | 12.23 Bn | 12.04 Bn | 168.33 Mn | 231.56 Mn |
| 3 | Descartes Systems | 6.49 Bn | 6.11 Bn | 150.18 Mn | 47.13 Mn |
| 4 | Sps Commerce | 2.89 Bn | 2.72 Bn | 138.79 Mn | 130.37 Mn |
| 5 | Via Transportation | 2.17 Bn | 1.83 Bn | 55.61 Mn | 77.36 Mn |
| 6 | Karooooo | 2.01 Bn | 1.91 Bn | 54.48 Mn | -18.32 Mn |
| 7 | Ituran Location & Control | 1.03 Bn | 925.57 Mn | 53.35 Mn | 24.07 Mn |
| 8 | Verra Mobility | 585.75 Mn | 530.95 Mn | 249.38 Mn | 296.37 Mn |
| 9 | Powerfleet | 397.14 Mn | 364.32 Mn | 61.16 Mn | 60.89 Mn |
| 10 | ReposiTrak | 142.32 Mn | 113.61 Mn | 5.00 Mn | 4.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 60.89 Mn |
| Mar 31, 2026 | 53.64 Mn |
| Dec 31, 2025 | 56.34 Mn |
| Sep 30, 2025 | 58.35 Mn |
| Jun 30, 2025 | 58.52 Mn |
| Sep 30, 2024 | 98.65 Mn |
| Jun 30, 2024 | 57.88 Mn |
| Dec 31, 2023 | 60.97 Mn |
| Sep 30, 2023 | 39.62 Mn |
| Jun 30, 2023 | 19.42 Mn |
| Mar 31, 2023 | 18.66 Mn |
| Dec 31, 2022 | 17.64 Mn |
| Sep 30, 2022 | 18.41 Mn |
| Jun 30, 2022 | 17.60 Mn |
| Mar 31, 2022 | 18.31 Mn |
| Dec 31, 2021 | 18.68 Mn |
| Sep 30, 2021 | 16.69 Mn |
| Jun 30, 2021 | 16.20 Mn |
| Mar 31, 2021 | 16.35 Mn |
| Dec 31, 2020 | 15.28 Mn |