POWERFLEET, INC.
Income Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $110.8M | $114.5M | $113.5M | $111.7M | $104.1M | $103.6M | $106.4M | $77.0M |
| Cost of Revenue | $49.6M | $49.8M | $50.8M | $49.1M | $47.6M | $48.9M | $47.6M | $35.7M |
| Gross Profit | $61.2M | $64.7M | $62.7M | $62.6M | $56.5M | $54.8M | $58.8M | $41.3M |
| Gross Margin | 55.2% | 56.5% | 55.2% | 56.0% | 54.2% | 52.8% | 55.2% | 53.7% |
| Operating Expenses | ||||||||
| Research & Development | $4.4M | $4.7M | $4.6M | $4.2M | $4.9M | $4.9M | $4.6M | $3.4M |
| SG&A Expense | $56.5M | $48.9M | $51.8M | $54.2M | $53.7M | $56.8M | $55.4M | $37.3M |
| Operating Income | $270.0K | $11.0M | $6.3M | $4.2M | $-2.0M | $-7.0M | $-1.2M | $573.0K |
| Operating Margin | 0.2% | 9.6% | 5.6% | 3.8% | -2.0% | -6.7% | -1.2% | 0.7% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $-6.9M | $2.0M | $-373.0K | $-3.0M | $-9.9M | $-12.7M | $-10.8M | $-1.6M |
| Income Tax Expense | $1.4M | $4.1M | $3.0M | $1.3M | $362.0K | $-305.0K | $3.5M | $256.0K |
| Net Income | $-8.4M | $-2.7M | $-3.4M | $-4.3M | $-10.2M | $-12.4M | $-14.3M | $-1.9M |
| Net Margin | -7.6% | -2.3% | -3.0% | -3.8% | -9.8% | -12.0% | -13.5% | -2.5% |
| EPS (Basic) | $-0.06 | $-0.01 | $-0.03 | $-0.03 | $-0.08 | $-0.09 | $-0.11 | $-0.02 |
| EPS (Diluted) | $-0.06 | $-0.01 | $-0.03 | $-0.03 | $-0.08 | $-0.09 | $-0.11 | $-0.02 |
| Shares Outstanding (Basic) | 134.2M | 133.8M | 133.9M | 133.7M | 133.3M | 119.9M | 132.2M | 107.5M |
| Shares Outstanding (Diluted) | 134.2M | 133.8M | 133.9M | 133.7M | 133.3M | 119.9M | 132.2M | 107.5M |
| Dividends Per Share | — | — | — | — | — | — | — | — |