Powerfleet, Inc.
For the period ended Aug 10, 2026. Filed Aug 10, 2026.
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Aug 10, 2026 · Filed Aug 10, 2026
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Contents
EX-99.1 · (In thousands, except per share data)
(In thousands, except per share data)
| Three Months Ended June 30, | ||
|---|---|---|
| 2025 | 2026 | |
| Revenues: | ||
| Products | $17,657 | $16,480 |
| Services | 86,464 | 94,313 |
| Total revenues | 104,121 | 110,793 |
| Cost of revenues: | ||
| Cost of products | 13,228 | 12,970 |
| Cost of services | 34,412 | 36,662 |
| Total cost of revenues | 47,640 | 49,632 |
| Gross profit | 56,481 | 61,161 |
| Operating expenses: | ||
| Selling, general and administrative expenses | 53,663 | 56,531 |
| Research and development expenses | 4,857 | 4,360 |
| Total operating expenses | 58,520 | 60,891 |
| (Loss) profit from operations | (2,039) | 270 |
| Interest income | 196 | 234 |
| Interest expense | (6,786) | (6,983) |
| Other expense | (1,243) | (405) |
| Net loss before income taxes | (9,872) | (6,884) |
| Income tax expense | (362) | (1,373) |
| Net loss | (10,234) | (8,257) |
| Non-controlling interest | — | (183) |
| Net loss attributable to common stockholders | $(10,234) | $(8,440) |
| Net loss per share attributable to common stockholders - basic and diluted | $(0.08) | $(0.06) |
| Weighted average common shares outstanding - basic and diluted | 133,313 | 134,169 |
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