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PowerFleet sees FY26 revenue growth 20%-25%

As the company enters FY26, Powerfleet (AIOT) continues to see strong underlying business momentum. Ongoing macroeconomic factors-including tariff-related pressures and extended customer decision cycles-make it difficult to provide precise FY26 guidance. “While we recognize external headwinds, the fundamentals of our business are strong,” Towe continued. “We’re executing with discipline, delivering ahead of schedule on synergies, and scaling key growth drivers like Unity and our indirect channels. Demand remains solid, with growing cross-sell activity-giving us strong conviction in our trajectory and long-term value creation.” With the understanding that there are more external variables than usual outside the company’s control, based on the current view of tariff impacts, and assuming conditions remain broadly stable from here, the following reflects a well-founded tempered outlook for FY26 performance: Total Revenue growth in the range of 20% to 25%. The revenue base for calculating FY’26 growth rates is $352.5 million, reflecting a modest step down of approximately 3% to FY’25 revenue due to the previously disclosed U.S. GAAP accounting change related to the re-bundling of hardware sales for the legacy Fleet Complete business, effective April 2025, and the shutdown of legacy FSM revenue. Adjusted EBITDA growth in the range of 45% to 55%. Powerfleet remains confident in its long-term growth, driven by the rapid maturation of Unity’s device-agnostic platform and its expanding role in unifying customer operations. These capabilities provide clear competitive advantage and growing monetization potential across new and existing customers.

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