{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-26-028593","form_type":"8-K","ticker":"AIOT","cik":"0001774170","company_name":"Powerfleet, Inc.","filed_at":"2026-06-15T10:27:24+00:00","discovered_at":"2026-06-15T10:30:00.417502+00:00","generated_at":"2026-06-15T10:30:11.846054+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Powerfleet Q4 revenue $114.5M (+11% YoY), Adj. EBITDA $26.4M (+42%); guides FY2027 rev $485-490M","bullets":["Q4 revenue $114.5M (+11% YoY); services rev $92.9M (+14%); net loss improved 78% to $2.7M.","Q4 adj. EBITDA $26.4M (+42% YoY), margin 23%; full-year adj. EBITDA $97.0M (+44%).","Signed South African National Treasury contract; anticipated TCV $100M-$120M over 5 years.","FY2027 guidance: revenue $485-$490M (~10% growth); adj. EBITDA $122-$125M (~27% growth).","FY2027 free cash flow guidance $30M-$35M; net debt/adj. EBITDA ratio improved to 2.47x."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-26-028593","json":"https://secwatch.observer/filing/0001493152-26-028593.json","markdown":"https://secwatch.observer/filing/0001493152-26-028593.md","text":"https://secwatch.observer/filing/0001493152-26-028593.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1774170/000149315226028593/0001493152-26-028593-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1774170/000149315226028593/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T10:30:11.846054+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"6c5bed226227981c2769f8f1bfe41acaa5852b91","claim":"Powerfleet, Inc. reported fourth quarter ended March 31, 2026 results: revenue $114.5 million, net income $2.7 million, EPS $(0.02).","evidence_excerpt":"● Revenue increased 11% to $114.5 million ● Services revenue increased 14% to $92.9 million ● Gross margin increased to 56.5% from 52.8% in the prior-year quarter ● Net loss improved 78% to $2.7 million, and loss per share improved by 7 cents to $(0.02) from $(0.09) in the prior-year quarter","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1774170/000149315226028593/0001493152-26-028593-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter ended March 31, 2026"},{"label":"Revenue","value":"$114.5 million"},{"label":"Net income","value":"$2.7 million"},{"label":"EPS","value":"$(0.02)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"c0100bec28df3d8bba23f3314a198430581eb6c1","claim":"Powerfleet, Inc. reported fiscal year ended March 31, 2026 results: revenue $443.8 million, net income $20.6 million, EPS $(0.15).","evidence_excerpt":"● Revenue increased 22% to $443.8 million, at the top of the guidance range ● Services revenue increased 30% to $359.8 million ● Gross margin increased 180 basis points to 55.5% ● Net loss improved 60% to $20.6 million, or $(0.15) per share, compared to $(0.43)","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1774170/000149315226028593/0001493152-26-028593-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal year ended March 31, 2026"},{"label":"Revenue","value":"$443.8 million"},{"label":"Net income","value":"$20.6 million"},{"label":"EPS","value":"$(0.15)"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}