Powerfleet, Inc. Stock Price, News & Analysis

Powerfleet (Nasdaq: AIOT) reported Q2 FY26 results for the quarter ended Sept 30, 2025, highlighting record revenue and margin gains. Total revenue was $111.7M (+45% YoY, +7.3% sequential). Services revenue was $89.3M (+57% YoY). Gross profit was $62.6M with a 56% gross margin. Adjusted EBITDA was $24.8M (+71% YoY) and adjusted EBITDA margin rose to 22%. The company raised FY26 revenue guidance to $435M–$445M and reported quarter-end net debt of $242.6M.

The company will host its earnings call on Nov 10, 2025, and a virtual investor day on Nov 14, 2025.

Powerfleet (Nasdaq: AIOT) announced on November 10, 2025 that its Unity platform won the Frost & Sullivan 2025 North America Product Leadership Award for connected vehicle solutions.

Frost & Sullivan highlighted Unity's device-agnostic architecture, AI-powered safety, sustainability and utilization modules, enterprise-grade integrations with ERP/TMS/compliance systems, and scalable design for fast global deployment. Company leadership said the award underscores Unity's role in unifying fragmented on-site and on-road data into a single pane of glass to deliver predictive, actionable insights and measurable ROI across industries including manufacturing, transportation, logistics, construction, and field services.

Powerfleet (Nasdaq: AIOT) will host its second quarter fiscal 2026 conference call on Monday, November 10, 2025 at 8:30 a.m. ET to discuss results for the quarter ended September 30, 2025. Financial results will be released in a press release prior to the call.

Call access: toll free 888-506-0062, international 973-528-0011, participant code 706489. The call will be broadcast live and replays will be available via the Investor Relations site at ir.powerfleet.com.

Powerfleet will also host a Virtual Investor Day — Unity Innovation showcase — on Friday, November 14, 2025, 9:00–11:00 a.m. ET, with registration and a live webcast available through the Investor Relations section.

Powerfleet (Nasdaq: AIOT) appointed Jeff Lautenbach as Chief Revenue Officer, effective Oct 7, 2025. Lautenbach brings experience leading global revenue organizations that generated $500 million in ARR and will lead Powerfleet's worldwide revenue engine, go-to-market strategy, and both direct and indirect sales execution. The company said the hire supports its Unity-led growth strategy and aims to deepen customer adoption and accelerate SaaS revenue scale.

Powerfleet (Nasdaq: AIOT), a leader in artificial intelligence of things (AIoT) SaaS mobile asset solutions, will host its Unity Innovation showcase on November 14, 2025, from 9:00 a.m. to 11:00 a.m. ET.

The virtual event, designed for financial analysts and institutional investors, will demonstrate the capabilities of Unity, Powerfleet's device-agnostic platform. The showcase will feature customer impact stories, an innovation roadmap presentation, and an interactive Q&A session with management.

Powerfleet (Nasdaq: AIOT) has achieved a significant milestone as its Unity platform won the Industry Innovation Award 2025 at the International Materials Handling Exhibition (IMHX), Europe's largest intralogistics event. The platform was recognized for its innovative integration of warehouse and on-road operational intelligence in a single cloud-native solution.

Unity's capabilities include AI-driven warehouse safety, on-road driver protection, unified visibility across assets, and sustainability insights. The award, judged by 18 independent experts, positions Powerfleet as a leader in Europe's $50 billion materials handling market and validates Unity's potential to transform mobile asset management globally.

Powerfleet (Nasdaq: AIOT) announced its participation in the upcoming Barrington Research Virtual Fall Investment Conference on September 16th, 2025. During the conference, management will meet with investors to discuss the company's AIoT platform, highlighting its current performance and strategy for creating shareholder value.

Powerfleet (Nasdaq: AIOT) announced that Wright Brothers Construction has implemented its Unity AI video SaaS safety platform across its enterprise operations. The deployment aims to enhance operational oversight, reduce risk, and improve driver safety through data-rich intelligence and real-time incident response capabilities.

The implementation aligns with Powerfleet's strategy of starting with high-impact use cases and expanding through platform capabilities. Wright Brothers selected Unity's solution for its ability to provide AI-tagged video evidence, event-triggered coaching workflows, and automated actionable intelligence. Notably, the deployment achieved zero employee attrition during rollout, demonstrating strong adoption.

Powerfleet (Nasdaq: AIOT) reported strong Q1 FY2026 results, with total revenue growing 38% year-over-year to $104.1 million. Services revenue increased 6% sequentially to $86.5 million, representing a record 83% of total revenue.

The company demonstrated significant profitability improvements with adjusted EBITDA increasing 58% to $21.6 million and margins expanding 260 basis points to 21%. The EBITDA expansion program achieved $11 million in annual savings, reaching 60% of its full-year target.

Powerfleet raised its FY26 revenue guidance to $430-$440 million from $420-$440 million, while maintaining its adjusted EBITDA growth outlook of 45-55%. The company expects to reduce its leverage ratio from 3.2x to below 2.25x by March 2026.