Powerfleet, Inc. · NASDAQ:AIOT
Powerfleet — Q1 FY2026 Earnings Presentation
26 slides from Powerfleet's earnings presentation, August 2025
Slide 1: Q1 FY26 Results & Operational Highlights
Q1 FY26 Results & Operational Highlights August 2025
Slide 2: Important Disclaimers
Important Disclaimers The contents of this presentation are not to be construed as legal, regulatory, business, accounting or tax advice. You should consult your own attorney, business advisor, accountant and tax advisor as to legal, regulatory, business, accounting and tax advice. This presentation
Slide 3: Important Disclaimers (Cont'd.)
Important Disclaimers (Cont’d.) No Offer or Solicitation This presentation does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicit
Slide 4: Q1 FY26 Quarter Highlights
Q1IFY26 QUARTER HIGHLIGHTS © POWERRFLEET®
Slide 5: Solid Q1 Financial Results
SOLID Q1 FINANCIAL RESULTS Expanding SaaS revenue, enhanced gross margin & AEBITDA, and improved net debt performance Total revenue increased YoY Sequential services revenue growth AEBITDA increased YoY 38% 6% +58% to $104.1M now 83% of total revenue to $21.6M AEBITDA Service gross margins AEBITDA g
Slide 6: Go to Market Momentum Q1FY26
GO TO MARKET MOMENTUM Q1FY26 Cross-sell and new logo momentum driving wins, high value solution growth, and continued pipeline momentum 11 Diverse Sectors Contributed Marquee 14% 52% 24% Wins >$100K ARR Increase in new logo wins sequentially QoQ: Increase in AI video ARR bookings vs. previous quarte
Slide 7: Key Q1 Enterprise Wins
KEY Q1 ENTERPRISE WINS Strategic deals driven by differentiated Unity solutions and increasingly effective sales muscle US Fortune 500 International US National US Fortune 500 US Fortune 500 Manufacturing Leader Agriculture Company Logistics Company Rental & Leasing Leader Food & Beverage Leader $75
Slide 8: New Major Sales Channel: MTN Business Partnership
New Major Sales Channel By working with Powerfleet, we are now entering a new space, providing an end-to-end value POWERFLEET AND ONE OF THE proposition for enterprises who rely on mobile assets at the core of their businesses. WORLD'S LARGEST MOBILE NETWORK OPERATORS, MTN We can now offer leading e
Slide 9: SIXT Rental Unity-Led Digital Transformation
Key New Logo Win SIXT Rental Empowering SIXT Mexico to shift from reactive oversight to proactive, AI-powered control - • Digital transformation of rental operations through unlocking immediate gains in efficiency, leveraging operational data intelligence at scale productivity, and accountability. •
Slide 10: Data Highway Win: Foley Equipment
Data Highway Win Powerfleet has exceeded all our expectations. Foley Equipment – US Unity has significantly enhanced our ability to maintain and manage our mixed-brand assets. Powerfleet’s • Agnostic ingestion of multiple OEM brands responsiveness and industry knowledge has provided • Consolidated,
Slide 11: Global Customer ROI at Scale
Global Customer ROI at Scale HOLCIM GLOBAL UNITY SAFETY SUCCESS STORY Part of our road safety strategy is giving our drivers the knowledge to ~9,000 18 make the right decisions behind the wheel. Vehicles Under Management Countries Trustworthy data is essential to providing constructive feedback to t
Slide 12: Unified Operations Driving Digital Transformation
UNIFIED OPERATIONS DRIVING DIGITAL TRANSFORMATION Unifying & Digitally Transforming Mission-Critical Unifying Training & Certification Processes to Ensure Shipment Processes For a Global Transport Leader Safe Equipment Use For US Automotive Leader Vehicle Fleet Mission-Critical Automated Shipment Ex
Slide 13: Q1 Financial Results
Q1 FINANCIAL RESULTS
Slide 14: Strong SaaS Recurring Revenue Growth
STRONG SAAS RECURRING REVENUE GROWTH Service Revenue Service Revenue as % of Total Revenue 6% sequential revenue growth 83% service revenue record in Q1FY26 83% 6% growth $86.5M 79% 75% $81.8M Q1FY25 Q4FY25 Q1FY26
Slide 15: Expanding and Profitable Growth
EXPANDING AND PROFITABLE GROWTH Revenue EBITDA 38% total revenue growth year-on-year 58% increase in adjusted EBITDA year-on-year ~$104M ~$21.6M $75.4M $13.7M Q1FY25 Q1FY26 Q1FY25 Q1FY26
Slide 16: Key Pro Forma AEBITDA Expense to Revenue Ratios
KEY PRO FORMA AEBTIDA EXPENSE TO REVENUE RATIOS Presented E:Rs exclude depreciation, amortization, stock-based compensation and one time transaction, restructuring and integration costs AEBITDA Gross Margin AEBITDA Opex E:Rs 75% 76% 30% 67% 64% 26% 17% 32% 12% 25% 8% 7% Total Service Product G&A S&M
Slide 17: Net Debt to EBITDA Ratio: Tracking to a Full Turn Improvement
NET DEBT TO EBITDA RATIO: Q1 TRACKING TO A FULL TURN IMPROVEMENT IN FY26 Adjusted Net Debt will increase by Net debt is forecast to improve by Guiding Net Debt to EBITDA to improve ~$20M in 1H’26 with up front investments ~$30M in 2H’26 with a sharp decline in from ~3.25 times at year end FY25 to in
Slide 18: Key Transformation Initiatives Q1FY26 Update
KEY TRANSFORMATION INITIATIVES Q1FY26 UPDATE
Slide 19: Strong Progress in Transformation Initiatives in Q1
STRONG PROGRESS IN TRANSFORMATION INITIATIVES IN Q1 ACTIONED EBITDA COMPLETED ENHANCED SUCCESSFULLY SUBSTANTIALLY SAVINGS WAVE 1 DEMAND GENERATION NAVIGATED RAMPED UP Expanded $11M Transformation Tariff Partner Business to One Platform Mitigation Management Development Annualized savings Business sy
Slide 20: EBITDA in Q1FY26 Actioned $11M in Annualized Savings
EBITDA IN Q1FY26 ACTIONED $11M IN ANNUALIZED SAVINGS OF EBITDA SAVINGS $18M COMMITTED FOR FY26 GLOBAL ORGANIZATION STRUCTURE Implement lean global org structure focused on high performance execution $7M Streamlined decision-making and simplification of operating model $7M actioned in Q1 Remaining To
Slide 21: Unity Is the Market's Key to Digital Transformation
UNITY IS THE MARKET’S KEY TO DIGITAL TRANSFORMATION
Slide 22: Introducing Mike Powell
Introducing Mike Powell Chief Innovation Officer, Powerfleet 22
Slide 23: 2025 Global Tech Innovation Award
Global Tech Innovation Award The evaluation confirms the Unity platform's ability to deliver rapid ROI, enterprise-grade modularity, AI-driven value, including Aura – Unity's generative AI assistant, and device-agnostic connectivity - true digital transformation at scale. 2025 Award TOP 7 INNOVATIVE
Slide 24: Key New AI Product Launch
Key New AI Product Launch This new application combines machine vision AI and agentive AI to automate the risk analysis, scoring and predictive incident prevention process, with elite accuracy and eliminates unnecessary manual video review. Q1 FY26 AI-Powered Enterprise Application Driving: 95% Redu
Slide 25: Announcing Powerfleet Investor 2025
Announcing Powerfleet Investor 2025 Unity AIoT Innovation Showcase November 2025 - Details Coming Soon 25
Slide 26: Final Comments and Q&A
Final Comments and Q&A POWERQFLEET® People Powered AloT