Mike Powell
Effective May 29, 2026, Mike Powell will depart from his role as Chief Innovation Officer of Powerfleet, Inc.
Highest-materiality recent filing
Powerfleet Chief Innovation Officer Mike Powell departs effective May 29, 2026
Mike Powell, Chief Innovation Officer, will depart on May 29, 2026; notice received May 18, 2026.
Powerfleet Q3 revenue up 7% to $113.5M, services up 11%, adjusted EBITDA +26%
Total revenue $113.5M (record, +7% YoY); services revenue $91.1M (+11% YoY, 80% of total).
Powerfleet announces Andrew Martin as new Chairman; Michael Brodsky resigns
Michael Brodsky resigned as director of Powerfleet, effective January 30, 2026.
Powerfleet subsidiary awarded 60-month fleet management contract by South Africa National Treasury
MiX Telematics Enterprise (Powerfleet subsidiary) awarded contract by National Treasury of South Africa.
Powerfleet posts investor presentation on website; exhibit content not provided for analysis
Company posted an investor presentation on ir.powerfleet.com on November 14, 2025.
Powerfleet Q2 FY26 revenue $111.7M, up 45% YoY; raises FY26 guidance
Total revenue record $111.7M, +45% YoY and +7% sequentially; organic revenue growth 9% YoY.
Powerfleet amends $85M credit facility; extends Term A maturity to March 2028
Term A Facility maturity extended by 12 months to March 31, 2028.
All five director nominees (Brodsky, Jacobs, Martin, McConnell, Towe) elected with majority of votes cast.
Powerfleet Q1: Services revenue up 6% sequentially; raises FY26 revenue guidance
Services revenue $86.5M (+6% seq, +53% YoY); record 83% of total revenue.
Powerfleet FY2025 revenue $362.5M (+26%), adjusted EBITDA $71M (+65%)
Total revenue $362.5M (+26% YoY); ~75% recurring SaaS; adjusted EBITDA $71M (+65%), margin 20% (+500 bps).
Powerfleet amends CEO severance to 2x bonus payment on termination
Amendment effective May 31, 2025, between Powerfleet and CEO Steve Towe.
Powerfleet reports preliminary FY2025 revenue $362.5M (+25% YoY), adj. EBITDA $71M (+65% YoY)
Revenue ~$362.5M, +25% YoY; adjusted EBITDA ~$71M, +65% YoY, in line or ahead of guidance.
Powerfleet Q3 revenue $106.4M (+45%), adj. EBITDA $22.5M (+77%), raises FY25 guidance
Q3 total revenue $106.4M (+45% YoY); service revenue $81.7M (77% of total); product revenue $24.7M (+42%).
Effective May 29, 2026, Mike Powell will depart from his role as Chief Innovation Officer of Powerfleet, Inc.
Max materiality 0.80 · Median 0.65 · Most common event earnings