Powerfleet posts 9M services revenue of USD 266.9 million, up 36.7%

Reuters02-10

Powerfleet posts 9M services revenue of USD 266.9 million, up 36.7%

Powerfleet Inc. reported services revenue of USD 266.9 million for the nine months ended December 31, 2025, representing a 36.7 percent increase. Product revenues for the same period totaled USD 62.4 million, reflecting a 2.0 percent decrease. The acquisition of Fleet Complete contributed USD 53.6 million to services revenue and USD 3.0 million to product revenue during the nine-month period. Powerfleet highlighted its continued transition toward bundled service offerings and noted the impact of higher tariffs in the United States on product revenues. The increase in services revenue was driven primarily by organic growth initiatives, supplemented by the recent acquisitions of MiX Telematics on April 2, 2024, and Fleet Complete on October 1, 2024. The company emphasized its focus on increasing sales to existing customers, expanding enterprise-wide programs, and developing new products and technologies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Powerfleet Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-006487), on February 09, 2026, and is solely responsible for the information contained therein.

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