Filing Flows › Powerfleet (AIOT) › Q2 FY27
Powerfleet (AIOT) Q2 FY27 earnings results (second quarter fiscal 2027)
8-K filed Nov 9, 2026
Powerfleet (AIOT) reported revenue of $116M for the second quarter fiscal 2027 (Q2 FY27), +4% from a year earlier and +4% from the quarter before. Operating margin was -5.5%, net loss $6.8M (5.9% of revenue).
Powerfleet, Q2 FY27: revenue $116M (+4% year over year), operating margin -5.5%, net loss $6.8M, operating cash flow −$3.6M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $116M | +4% | +4% |
| Operating profit | −$6.4M | -2474% | -251% |
| Net earnings | −$6.8M | — | — |
| Operating cash flow | −$3.6M | -143% | -165% |
What changed
Revenue was $115.7M in Q2 FY27, up 4% year over year and up 4% from the previous quarter. Services was the largest line at 82% of revenue. Services added $5.9M year over year (up 7%), 146% of the total change. Products declined 8%.
Gross margin was 53.4%, down 2.6 points from Q2 FY26. Operating costs exceeded revenue by $6.4M, an operating margin of -5.5%. Operating expenses grew 17% against revenue growth of 4%. The fastest-growing cost line was Research & development (+14%). The quarter ended with a net loss of $6.8M, narrower than the previous quarter's $8.3M loss.
Operating cash flow was −$3.6M. Non-cash charges added back $17.3M of depreciation and amortization and $2.0M of share-based compensation. Working capital and other items used $16.1M. Capital expenditures of $7.7M exceeded it, leaving free cash flow of −$11.3M.
Questions
What was Powerfleet's revenue in the second quarter fiscal 2027?
Powerfleet (AIOT) reported revenue of $116M for the second quarter fiscal 2027 (Q2 FY27), +4% from a year earlier and +4% from the quarter before.
Was Powerfleet profitable in the second quarter fiscal 2027?
Operating loss was $6.4M (-5.5% of revenue) and net loss $6.8M.
Source: Powerfleet 8-K on SEC EDGAR.