PowerFleet shared its earnings call, showing record Q2 revenue of $115.7 million, up 7% from last year.

Nov 9, 2026, 9:43 AM ETResultsRead the original at Benzinga

Good for AIOT

PowerFleet posted record sales, higher adjusted profit, and a wider profit margin. Police deployment was ahead of schedule; the funding facility is still proposed and forecasts are not completed results, but reported progress supports a positive read.

AIOT · PowerFleet

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The AI's read

Services sales grew 7% from a year earlier and made up 82% of sales, giving the business a larger service base. Police deployment is ahead of schedule, and the three named growth areas make up 75% of the future pipeline. Management's fiscal 2027 sales range and expected fourth-quarter pace are targets, not completed results. The device funding facility is still proposed. Those limits temper the story but do not outweigh the reported sales, profit, and delivery progress.

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