Powerfleet Q1 revenue beats estimates; raises FY26 revenue guidance

PowerFleet

11/08/2025 12:13

Overview

Powerfleet fiscal Q1 revenue rises 38% yr/yr, beating analyst expectations, per LSEG data

Adjusted EBITDA for fiscal Q1 increases 58%, reflecting margin expansion

Co raises FY26 revenue guidance to $430-$440 mln, indicating growth confidence

Outlook

Powerfleet raises FY26 revenue guidance to $430-$440 mln from $420-$440 mln

Company maintains annual adjusted EBITDA growth guidance of 45% to 55%

Powerfleet expects adjusted net debt to adj EBITDA ratio to improve from 3.2x as of March 31, 2025, to below 2.25x by Mar 31, 2026

Company highlights strong demand for AI-driven SaaS solutions

Result Drivers

SERVICES REVENUE - Services revenue rose 53% yr/yr, now accounting for 83% of total revenue, driven by AI-driven SaaS solutions

AI VIDEO BOOKINGS - AI Video ARR bookings grew 52% qtr/qtr, reflecting strong market demand through indirect channel partners

STRATEGIC PARTNERSHIP - New partnership with MTN Group to white label solutions, supporting growth across 16 markets

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$104.10 mln
$103.20 mln (6 Analysts)
Q1 EPS
Miss
-$0.08
-$0.01 (6 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the it services & consulting peer group is "buy"

Wall Street's median 12-month price target for PowerFleet Inc is $9.00, about 57% above its August 8 closing price of $3.87

The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 51 three months ago

Press Release: ID:nPn1w0fzta

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)