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Stock impact report

Powerfleet Reports Q2 FY26 Financial Results with 7% Quarterly Sequential Increase in Total Revenue [Yahoo! Finance]

PowerFleet, Inc. (AIOT) 
Company Research Source: Yahoo! Finance
Services revenue of $89.3 million, an increase of 57% in total and 12% organically year-over-year from $56.7 million in Q2 FY25. Gross profit of $62.6 million, an increase of 11% sequentially from $56.5 million in Q1 FY26. Raising FY26 total revenue guidance to $435-$445 million from $430-$440 million. WOODCLIFF LAKE, N.J. Nov. 10, 2025 /PRNewswire/ -- Powerfleet, Inc. ("Powerfleet" or the "Company") (Nasdaq: AIOT) reported its financial results for the second quarter ended September 30, 2025. Powerfleet (PRNewsfoto/Powerfleet) MANAGEMENT COMMENTARY: "Q2 was a defining quarter for Powerfleet, marked by record revenue and strong performance across key financial and operational metrics," said Steve Towe, Chief Executive Officer of Powerfleet. "A quarterly sequential increase in total revenue of more than 7%, driven by expanding momentum in our AI-powered SaaS solutions and solid growth across our core global markets, is extremely encouraging." "We achieved a key milestone Show less Read more
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