earnings
confidence high
sentiment positive
materiality 0.75
Powerfleet Q3 revenue up 7% to $113.5M, services up 11%, adjusted EBITDA +26%
Powerfleet, Inc.
2026-Q3 EPS reported
-$0.13
revenue$329,287,000
- Total revenue $113.5M (record, +7% YoY); services revenue $91.1M (+11% YoY, 80% of total).
- GAAP operating profit $6.3M vs loss of $1.2M; net loss improved to $3.4M ($0.03) from $14.3M ($0.11).
- Adjusted EBITDA $25.7M (+26% YoY); margin expanded to 23% from 19% on synergy realization.
- Awarded major South Africa public sector contract for AI video/visibility covering >100,000 assets.
- Adjusted net debt to EBITDA improved to 2.7x from 3.4x at FY2025 year-end.