Powerfleet, Inc.
For the period ended Jun 15, 2026. Filed Jun 15, 2026.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Jun 15, 2026 · Filed Jun 15, 2026
Use the contents to explore the available documents and sections.
AIOT$2.69+3.9%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (In thousands, except per share data)
(In thousands, except per share data)
| Three Months Ended March 31, | Year Ended March 31, | |||
|---|---|---|---|---|
| 2025 | 2026 | 2025 | 2026 | |
| Revenues: | ||||
| Products | $21,866 | $21,546 | $85,584 | $83,975 |
| Services | 81,772 | 92,944 | 276,931 | 359,802 |
| Total revenues | 103,638 | 114,490 | 362,515 | 443,777 |
| Cost of revenues: | ||||
| Cost of products | 18,152 | 15,295 | 61,961 | 59,153 |
| Cost of services | 30,723 | 34,531 | 106,017 | 138,202 |
| Total cost of revenues | 48,875 | 49,826 | 167,978 | 197,355 |
| Gross profit | 54,763 | 64,664 | 194,537 | 246,422 |
| Operating expenses: | ||||
| Selling, general and administrative expenses | 56,839 | 48,903 | 204,361 | 208,487 |
| Research and development expenses | 4,904 | 4,736 | 16,061 | 18,359 |
| Total operating expenses | 61,743 | 53,639 | 220,422 | 226,846 |
| (Loss) income from operations | (6,980) | 11,025 | (25,885) | 19,576 |
| Interest income | 95 | 211 | 926 | 780 |
| Interest expense | (5,655) | (6,919) | (20,330) | (27,526) |
| Other expense, net | (202) | (2,311) | (1,163) | (4,086) |
| Net (loss) income before income taxes | (12,742) | 2,006 | (46,452) | (11,256) |
| Income tax benefit (expense) | 304 | (4,064) | (4,517) | (8,688) |
| Net loss before non-controlling interest | (12,438) | (2,058) | (50,969) | (19,944) |
| Non-controlling interest | (1) | (608) | (18) | (608) |
| Net loss | (12,439) | (2,666) | (50,987) | (20,552) |
| Preferred stock dividend | — | — | (25) | — |
| Net loss attributable to common stockholders | $(12,439) | $(2,666) | $(51,012) | $(20,552) |
| Net loss per share attributable to common stockholders - basic and diluted | $(0.09) | $(0.02) | $(0.43) | $(0.15) |
| Weighted-average common shares outstanding - basic and diluted | 132,793 | 134,153 | 119,877 | 133,761 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.