PowerFleet (AIOT) revenue breakdown
By product, Services is the largest at 81% of fiscal 2026 revenue, growing 46% a year over 8 years.
By region, North America is the largest at 36% of fiscal 2026 revenue; Africa grew fastest, 223% a year over 3 years.
Revenue by product
Fiscal years, as PowerFleet reports them in its 10-K filings; fiscal 2026 total $444M.
| Products | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 | 2026 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| Services | $17M | $16M | $36M | $68M | $73M | $79M | $84M | $277M | $360M | 81% |
| Products | $24M | $37M | $45M | $46M | $53M | $57M | $50M | $86M | $84M | 19% |
Revenue by region
Fiscal years, as PowerFleet reports them in its 10-K filings; fiscal 2026 total $444M.
| Regions | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 | 2026 | Share |
|---|---|---|---|---|---|---|---|---|---|---|
| North America | $39M | $52M | $61M | $46M | $51M | $71M | $75M | $122M | $159M | 36% |
| Africa | — | — | — | — | — | $3M | $3M | $98M | $110M | 25% |
| Israel | — | — | $10M | $39M | $45M | $45M | $42M | $50M | $58M | 13% |
| Europe and Middle East | — | — | — | — | — | $3M | $2M | $43M | $51M | 12% |
| Australia | — | — | — | — | — | $14M | — | $31M | $43M | 10% |
| Other | — | — | — | — | — | — | $12M | $20M | $22M | 5% |
| Other | $2M | $1M | $12M | $29M | $31M | — | — | — | — | — |
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Where does PowerFleet make its money?
In fiscal 2026, by product: Services $360M, Products $84M.
From PowerFleet's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.