Filing Flows › Powerfleet (AIOT) › Q1 FY27 › vs Q4 FY26
Powerfleet (AIOT) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Powerfleet's revenue fell $3.7M (-3%) from $114M in Q4 FY26 to $111M in Q1 FY27. The biggest changes: Products −$5.1M (-24%); Services +$1.4M (+1%).
Powerfleet, Q1 FY27: revenue $111M (+6% year over year), operating margin 0.2%, net loss $8.3M, operating cash flow $8.4M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Free cash flow margin | 3.2% | 5.3% | -2.1 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Services | $94.3M | $92.9M | $1.4M | +1% |
| Products | $16.5M | $21.5M | −$5.1M | -24% |
| Revenue | $111M | $114M | −$3.7M | -3% |
| Net loss | $8.3M | $2.1M | $6.2M | +301% |
| Costs & expenses | $119M | $117M | $2.5M | +2% |
| Operating costs | $111M | $103M | $7.1M | +7% |
| Interest & other, net | $7.2M | $9.0M | −$1.9M | -21% |
| Income tax | $1.4M | $4.1M | −$2.7M | -66% |
| Cost of revenue | $49.6M | $49.8M | −$194K | -0.4% |
| Research & development | $4.4M | $4.7M | −$376K | -8% |
| SG&A | $56.5M | $48.9M | $7.6M | +16% |
| Operating cash sources | $19.3M | $14.2M | $5.1M | +36% |
| Depreciation & amortization | $16.2M | $12.6M | $3.6M | +29% |
| Share-based compensation | $3.1M | $1.6M | $1.5M | +94% |
| Net loss absorbed | $8.3M | $2.1M | $6.2M | +301% |
| Working capital & other | $2.6M | $2.1M | $490K | +23% |
| Operating cash flow | $8.4M | $10.0M | −$1.6M | -16% |
| Free cash flow (OCF − capex) | $3.6M | $6.1M | −$2.5M | -42% |
| Capital expenditures | $4.9M | $3.9M | $972K | +25% |
Questions
How much did Powerfleet's revenue grow quarter over quarter in Q1 FY27?
Powerfleet's revenue fell $3.7M (-3%) from $114M in Q4 FY26 to $111M in Q1 FY27.
What drove Powerfleet's revenue change in Q1 FY27?
Products −$5.1M (-24%); Services +$1.4M (+1%).