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AIOT|EPS $0.04 vs $0.02 est (+100.0%)|Rev $114.5M vs $113.0M est (+1.3%)|Net Loss $2.7MPowerFleet, Inc. (NASDAQ:AIOT) reported full year 2026 adjusted earnings of $0.04 per share, doubling the $0.02 consensus estimate from 4 analysts. The company earned $5.7M in net income as revenue reached $114.5M, topping the $113.0M estimate by 1.3%.
The IoT solutions provider posted revenue up 11.0% from $103.6M in FY 2025, driven by strong performance in its Services segment. Services led with $92.9M in revenue, up 14.0% year-over-year, reflecting growing demand for the company’s fleet management and industrial IoT offerings. PowerFleet operated 3,000,000 Unity platform subscribers at quarter end, underscoring the scale of its subscription base.
Management issued guidance calling for full year revenue of $485.0M to $490.0M, signaling confidence in the company’s growth trajectory. Wall Street maintains a bullish stance on the stock, with consensus standing at 8 buy, 1 hold, and 0 sell ratings.
A detailed analysis of PowerFleet, Inc.’s quarter follows shortly on AlphaStreet.
This content is for informational purposes only and should not be considered investment advice. AlphaStreet Intelligence analyzes financial data using AI to deliver fast and accurate market information. Human editors verify content.
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