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Powerfleet (AIOT)
NASDAQ:AIOT
Earnings Data
Report Date
Jun 22, 2026After Close (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
>-0.01Last Year’s EPS
-0.09Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call delivers a predominantly positive message: recurring revenue growth, strong pipeline expansion (AI video +71% seq.), multiyear landmark deals (South Africa >100k assets), and meaningful adjusted EBITDA expansion ($25.7M, +~26% YoY) signal that integration progress and the Unity platform are translating into scalable commercial traction. Management is intentionally redeploying realized cost savings into investments to support very large deployments and accelerate growth, which modestly delays additional leverage improvement and causes near-term margin and guidance trade-offs. On balance, the highlights (growth, margin expansion, large contract wins, and pipeline strength) outweigh the manageable lowlights (one-time charges, amortization impacts, and temporary investment-driven leverage/margin effects).Company Guidance
Service Revenue Growth and Mix Shift
Service revenue grew 11% year-over-year and now represents 80% of total revenue (up from 77% prior year), reflecting a shift toward higher-margin recurring SaaS revenue.
Total Revenue Growth (Normalized)
Headline total revenue increased 7% year-over-year; on an apples-to-apples basis (adjusting for ~$2M of prior-year accelerated product revenue) total revenue grew 9% year-over-year.
Adjusted EBITDA Expansion
Adjusted EBITDA increased to $25.7 million (management reported ~26% year-over-year growth) with adjusted EBITDA margin expanding by ~4 percentage points to 23%, demonstrating operating leverage.
Balance Sheet Improvement
Net debt to adjusted EBITDA improved to 2.7x at quarter end, with management expecting leverage to decline to ~2.4x by year-end despite planned investments.
Large Landmark South African Public Sector Win
Secured a multiyear, tier-one public sector contract in South Africa to deliver Unity AI video and visibility services across government fleets collectively operating more than 100,000 assets; deployment is phased and early enrollments are ahead of expectations.
Enterprise Customer Momentum and Big Wins
Multiple enterprise contract wins in the quarter with total contract values ranging from $0.5M to over $5M, including Fortune 500 customers across logistics, manufacturing, and food & beverage.
Pipeline Strength — AI Video and ARR
AI video pipeline increased 71% sequentially and ARR pipeline increased 13% sequentially, indicating strong demand for AI-based safety, compliance, and visibility solutions.
Platform Stickiness and Strategic Examples
Unity platform adoption cited across industries (e.g., 14-year Origin Energy relationship with 2,000 vehicles) showing multi-product expansion, integration with ERP/TMS/HR systems, and measurable safety and operational outcomes.
AIOT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AIOT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 09, 2026 | $4.84 | $4.78 | -1.24% |
Nov 10, 2025 | $4.89 | $5.13 | +4.91% |
Aug 11, 2025 | $3.87 | $4.39 | +13.44% |
Jun 16, 2025 | $4.45 | $4.98 | +11.91% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Powerfleet (AIOT) report earnings?
Powerfleet (AIOT) is schdueled to report earning on Jun 22, 2026, After Close (Confirmed).
What is Powerfleet (AIOT) earnings time?
Powerfleet (AIOT) earnings time is at Jun 22, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AIOT EPS forecast?
AIOT EPS forecast for the fiscal quarter 2026 (Q4) is >-0.01.