Powerfleet, Inc. Reports Strong FY2025 Growth and Transformation

Powerfleet, Inc. ( (AIOT) ) has released its Q4 earnings. Here is a breakdown of the information Powerfleet, Inc. presented to its investors.

Powerfleet, Inc. is a global leader in the artificial intelligence of things (AIoT) software-as-a-service (SaaS) mobile asset industry, specializing in unifying business operations through data integration to deliver actionable insights for business improvement. Headquartered in New Jersey, the company operates worldwide with a focus on innovation and customer-centric solutions.

Powerfleet, Inc. has reported a significant year of growth and transformation for the fiscal year 2025, achieving a 26% increase in total revenue to $362.5 million, with a substantial portion coming from recurring SaaS revenue. The company has successfully integrated two major acquisitions, expanded its global reach, and positioned itself as a top player in the AIoT SaaS market.

Key financial highlights include a 65% increase in annual adjusted EBITDA to $71 million and a 500 basis point expansion in adjusted EBITDA margin to 20%. The fourth quarter saw a 42% year-over-year increase in total revenue to $103.6 million, with service revenue rising by 49%. The company also achieved significant cost synergies and expanded its customer base to include over half of the Fortune 500 companies.

Powerfleet’s strategic focus on high-quality revenue streams, such as AI video and in-warehouse safety solutions, has driven organic growth, and the company anticipates continued expansion in fiscal 2026. The management remains optimistic about leveraging its Unity platform to deliver greater value and scale operations in the dynamic market.

As Powerfleet moves forward, it aims to capitalize on its strong pipeline and international operations to sustain growth and enhance its market position, despite potential macroeconomic challenges.