North America was Powerfleet’s largest region in fiscal 2026, bringing in $159.34M of $443.78M (36%).
| Geography | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| North America | $74.67M | $18.09M | $121.62M | $159.34M | ||||||
| United States | — | — | — | — | ||||||
| Africa | $3.28M | $863.00K | $97.59M | $109.70M | ||||||
| Israel | $41.69M | $11.27M | $49.56M | $58.39M | ||||||
| Australia | — | — | $30.96M | $42.96M | ||||||
| Europe & Middle East | $1.91M | $1.02M | $43.19M | $51.09M | ||||||
| Other | $12.19M | $2.50M | $19.60M | $22.30M | ||||||
| Total | $133.74M | $33.74M | $362.52M | $443.78M |
Powerfleet brought in $443.78M from its six regions in fiscal 2026, the year ended March 31, 2026. That was up 22.4% from $362.52M in fiscal 2025. North America was the largest at $159.34M (35.9%), ahead of Africa at $109.70M (24.7%) and Israel at $58.39M (13.2%). The other three regions brought in $116.35M combined.
Compared with fiscal 2025, Australia grew fastest, up 38.8% to $42.96M. Every region above 2% of revenue grew.
Services was Powerfleet’s largest product and service line in fiscal 2026, bringing in $359.80M of $443.78M (81%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Services | $84.00M | $21.66M | $276.93M | $359.80M | ||||||
| Service | — | — | — | — | ||||||
| Products | $49.74M | $12.08M | $85.58M | $83.98M | ||||||
| Product | — | — | — | — | ||||||
| Total | $133.74M | $33.74M | $362.52M | $443.78M |
Powerfleet brought in $443.78M from its two product and service lines in fiscal 2026, the year ended March 31, 2026. That was up 22.4% from $362.52M in fiscal 2025. Services was the largest at $359.80M (81.1%), ahead of Products at $83.98M (18.9%).
Compared with fiscal 2025, Services grew 29.9% to $359.80M, while Products fell 1.9% to $83.98M. From fiscal 2023 to 2026, combined revenue from these lines grew from $133.74M to $443.78M, a compound annual growth rate of 49.2%. Services' share of the total rose from 62.8% to 81.1%.
Previously Reported was Powerfleet’s largest revenue line in fiscal 2021, bringing in $126.21M of $125.96M (100%).
| Revision of Prior Period | FY 2021 |
|---|---|
| Previously Reported | $126.21M |
| Revision Of Prior Period, Reclassification, Adjustment | -$248.00K |
| Total | $125.96M |
Powerfleet brought in $125.96M from its two revenue lines in fiscal 2021, the year ended December 31, 2021. Previously Reported was the largest at $126.21M (100.2%).
The total is net of Revision Of Prior Period, Reclassification, Adjustment, which took $248.00K off revenue in fiscal 2021.
Powerfleet (AIOT) reports its revenue by geography, by product and service and by revision of prior period. In fiscal 2026, North America was its largest region, bringing in $159.34M (35.9% of the total), followed by Africa at $109.70M (24.7%).
North America was Powerfleet's largest region in fiscal 2026, bringing in $159.34M, or 35.9% of the $443.78M total across its six regions.
Services was Powerfleet's largest product and service line in fiscal 2026, bringing in $359.80M, or 81.1% of the $443.78M total across its two product and service lines.
Previously Reported was Powerfleet's largest revenue line in fiscal 2021, bringing in $126.21M, or 100.2% of the $125.96M total across its two revenue lines.
Among Powerfleet's regions that make up at least 2% of revenue, Australia grew fastest in fiscal 2026, up 38.8% from $30.96M to $42.96M.
Every figure comes from Powerfleet's annual financial filings, as reported. Each line keeps the name Powerfleet gives it, and years follow its fiscal calendar.
Powerfleet's revenue by geography goes back to fiscal 2017, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.