PowerFleet (NASDAQ:AIOT) Issues Quarterly Earnings Results

PowerFleet (NASDAQ:AIOT) released its earnings results on Monday. The company reported $0.04 EPS for the quarter, FiscalAI reports. The firm had revenue of $114.49 million during the quarter, compared to analyst estimates of $112.98 million. PowerFleet had a negative return on equity of 5.23% and a negative net margin of 7.00%.During the same period in the prior year, the firm posted ($0.09) earnings per share.

Here are the key takeaways from PowerFleet’s conference call:

• PowerFleet said FY 2026 revenue rose 22% to $443.8 million and adjusted EBITDA increased 44% to $97 million, while the company also swung to $19.6 million of operating income from an operating loss in FY 2025.
• The company highlighted continued mix improvement, with services revenue reaching $360 million and representing 81% of total revenue, helping drive Q4 revenue growth of 11% and adjusted EBITDA growth of 42% year over year.
• Management emphasized major commercial wins, including the South African Treasury contract with an expected $100 million-$120 million five-year value, plus new enterprise deals and a strategic partnership with Accenture.
• PowerFleet said it generated positive free cash flow in the second half of FY 2026 and reduced net leverage to 2.47x from 3.39x, signaling improved balance sheet flexibility heading into FY 2027.
• For FY 2027, the company guided to $485 million-$490 million in revenue, $122 million-$125 million in adjusted EBITDA, and $30 million-$35 million of positive free cash flow, but noted the year will be back-half weighted because of South Africa deployment timing and early-year investment.

PowerFleet Price Performance

AIOT stock opened at $4.14 on Tuesday. The stock has a 50-day moving average price of $3.45 and a two-hundred day moving average price of $4.12. PowerFleet has a 12-month low of $2.78 and a 12-month high of $5.88. The company has a current ratio of 1.09, a quick ratio of 0.96 and a debt-to-equity ratio of 0.48. The company has a market cap of $555.38 million, a PE ratio of -18.00 and a beta of 1.43.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on AIOT. Weiss Ratings reissued a “hold (c-)” rating on shares of PowerFleet in a research report on Friday, May 8th. Wall Street Zen raised PowerFleet from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, PowerFleet presently has a consensus rating of “Moderate Buy” and an average target price of $15.00.

More PowerFleet News

Here are the key news stories impacting PowerFleet this week:

• Positive Sentiment: PowerFleet delivered solid fourth-quarter growth, with revenue up 11% and adjusted EBITDA up 42%, showing improving operating leverage. Powerfleet Reports Results for Fourth Quarter and Full-Year Fiscal 2026
• Positive Sentiment: FY 2027 revenue guidance of $485 million to $490 million came in above analyst expectations, which is helping lift investor sentiment. Powerfleet shares jump on strong fiscal 2027 outlook despite earnings miss (AIOT)
• Positive Sentiment: PowerFleet signed a five-year South African National Treasury agreement that could add $100 million to $120 million in contract value, a meaningful long-term growth driver. Powerfleet Reports Results for Fourth Quarter and Full-Year Fiscal 2026
• Neutral Sentiment: The company still posted a quarterly EPS result of $0.04, and recent transcript and presentation coverage is focused on the earnings call details rather than new standalone catalysts. Powerfleet, Inc. (AIOT) Q4 2026 Earnings Call Transcript
• Negative Sentiment: Despite the revenue beat and stronger outlook, PowerFleet’s business remains unprofitable on a net basis, with a negative net margin and return on equity, which may temper upside. Listen to Conference Call

Institutional Investors Weigh In On PowerFleet

A number of institutional investors have recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV purchased a new stake in shares of PowerFleet in the fourth quarter worth about $63,000. Stoic Point Capital Management LLC purchased a new stake in shares of PowerFleet in the fourth quarter worth about $3,671,000. Private Capital Management LLC boosted its position in shares of PowerFleet by 3.1% in the fourth quarter. Private Capital Management LLC now owns 7,584,853 shares of the company’s stock worth $40,351,000 after buying an additional 230,780 shares during the period. Engineers Gate Manager LP purchased a new stake in shares of PowerFleet in the fourth quarter worth about $316,000. Finally, Boothbay Fund Management LLC purchased a new stake in shares of PowerFleet in the fourth quarter worth about $125,000. Hedge funds and other institutional investors own 73.40% of the company’s stock.

About PowerFleet

PowerFleet, Inc (NASDAQ: AIOT) develops and delivers Internet of Things (IoT)–based telematics and asset-tracking solutions designed to help businesses monitor, manage and optimize fleets of vehicles and industrial equipment. Its core offerings include wireless sensors, GPS tracking devices and cloud-hosted software platforms that provide real-time visibility into vehicle whereabouts, usage patterns, fuel consumption and maintenance needs. The company’s systems also support regulatory compliance and safety monitoring, enabling customers to reduce operational costs, minimize theft and improve overall asset utilization.

The company’s hardware portfolio features RFID readers, active and passive tags, onboard diagnostics (OBD) adapters and temperature or motion sensors that can be deployed on trucks, trailers, forklifts, containers and other high-value assets.