Filing Flows › Powerfleet (AIOT) › Q1 FY27
Powerfleet (AIOT) Q1 FY27 earnings results (first quarter fiscal 2027)
10-Q filed Aug 10, 2026
Powerfleet (AIOT) reported revenue of $111M for the first quarter fiscal 2027 (Q1 FY27), +6% from a year earlier and -3% from the quarter before. Operating margin was 0.2%, net loss $8.3M (7.5% of revenue).
Powerfleet, Q1 FY27: revenue $111M (+6% year over year), operating margin 0.2%, net loss $8.3M, operating cash flow $8.4M. The chart follows the revenue to costs, profit and cash.
| Q1 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $111M | -3% | +6% |
| Operating profit | $270K | -98% | — |
| Net earnings | −$8.3M | — | — |
| Operating cash flow | $8.4M | -16% | +79% |
| Free cash flow | $3.6M | -42% | — |
What changed
Revenue was $110.8M in Q1 FY27, up 6% year over year and down 3% from the previous quarter. Services was the largest line at 85% of revenue. Services added $7.8M year over year (up 9%), 118% of the total change. Products declined 7%.
Gross margin was 55.2%, up 1.0 points from Q1 FY26. Operating profit was $270K, a 0.2% margin (up 2.2 points year over year). Operating expenses grew 4% against revenue growth of 6%. The quarter ended with a net loss of $8.3M, wider than the previous quarter's $2.1M loss. Net interest and other expense of $7.2M was the main reason.
Operating cash flow was $8.4M (up 79% year over year). Non-cash charges added back $16.2M of depreciation and amortization and $3.1M of share-based compensation. Working capital and other items used $2.6M. Capital expenditures of $4.9M left free cash flow of $3.6M.
Questions
What was Powerfleet's revenue in the first quarter fiscal 2027?
Powerfleet (AIOT) reported revenue of $111M for the first quarter fiscal 2027 (Q1 FY27), +6% from a year earlier and -3% from the quarter before.
Was Powerfleet profitable in the first quarter fiscal 2027?
Operating profit was $270K (0.2% of revenue) and net loss $8.3M.
Source: Powerfleet 10-Q on SEC EDGAR.