PowerFleet (PWFL) Revenue & Revenue Breakdown


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PowerFleet Revenue Highlights


Latest Revenue (Y)

$133.59M

Latest Revenue (Q)

$75.43M

Main Segment (Y)

Products

Main Geography (Y)

Products

PowerFleet Revenue by Period


PowerFleet Revenue by Year

DateRevenueChange
2023-12-31$133.59M-1.16%
2022-12-31$135.16M7.09%
2021-12-31$126.21M11.11%
2020-12-31$113.59M38.67%
2019-12-31$81.92M54.37%
2018-12-31$53.06M29.56%
2017-12-31$40.96M11.23%
2016-12-31$36.82M-11.88%
2015-12-31$41.78M-8.43%
2014-12-31$45.63M14.24%
2013-12-31$39.95M-10.51%
2012-12-31$44.63M13.60%
2011-12-31$39.29M51.94%
2010-12-31$25.86M150.69%
2009-12-31$10.32M-61.86%
2008-12-31$27.05M58.32%
2007-12-31$17.08M-30.95%
2006-12-31$24.74M30.18%
2005-12-31$19.00M38.30%
2004-12-31$13.74M72.65%
2003-12-31$7.96M43.56%
2002-12-31$5.54M500.65%
2001-12-31$923.00K-2.33%
2000-12-31$945.00K-82.99%
1999-12-31$5.55M-

PowerFleet generated $133.59M in revenue during NA 2023, up -1.16% compared to the previous quarter, and up 251.74% compared to the same period a year ago.

PowerFleet Revenue by Quarter

DateRevenueChange
2024-06-30$75.43M123.56%
2024-03-31$33.74M-2.34%
2023-12-31$34.55M1.04%
2023-09-30$34.20M6.69%
2023-06-30$32.05M-2.40%
2023-03-31$32.84M-0.83%
2022-12-31$33.11M-3.42%
2022-09-30$34.29M-0.88%
2022-06-30$34.59M4.32%
2022-03-31$33.16M-3.67%
2021-12-31$34.42M17.70%
2021-09-30$29.25M-12.82%
2021-06-30$33.55M15.72%
2021-03-31$28.99M-1.48%
2020-12-31$29.43M6.61%
2020-09-30$27.60M7.13%
2020-06-30$25.77M-16.34%
2020-03-31$30.80M-12.37%
2019-12-31$35.15M108.16%
2019-09-30$16.88M3.75%
2019-06-30$16.27M19.57%
2019-03-31$13.61M18.45%
2018-12-31$11.49M-14.15%
2018-09-30$13.38M-9.62%
2018-06-30$14.81M10.69%
2018-03-31$13.38M19.81%
2017-12-31$11.17M0.73%
2017-09-30$11.09M3.55%
2017-06-30$10.71M33.84%
2017-03-31$8.00M-13.30%
2016-12-31$9.23M12.31%
2016-09-30$8.21M-7.74%
2016-06-30$8.90M-15.01%
2016-03-31$10.48M3.15%
2015-12-31$10.16M-4.01%
2015-09-30$10.58M6.60%
2015-06-30$9.93M-10.74%
2015-03-31$11.12M-12.75%
2014-12-31$12.74M8.57%
2014-09-30$11.74M2.86%
2014-06-30$11.41M17.22%
2014-03-31$9.74M-14.27%
2013-12-31$11.36M1.36%
2013-09-30$11.21M19.58%
2013-06-30$9.37M16.92%
2013-03-31$8.01M-24.84%
2012-12-31$10.66M-31.11%
2012-09-30$15.48M78.31%
2012-06-30$8.68M-11.53%
2012-03-31$9.81M-17.14%
2011-12-31$11.84M4.94%
2011-09-30$11.28M35.41%
2011-06-30$8.33M6.37%
2011-03-31$7.83M8.29%
2010-12-31$7.23M11.46%
2010-09-30$6.49M7.93%
2010-06-30$6.01M-1.81%
2010-03-31$6.12M114.43%
2009-12-31$2.86M55.13%
2009-09-30$1.84M-31.41%
2009-06-30$2.68M-8.52%
2009-03-31$2.93M-62.96%
2008-12-31$7.92M-15.17%
2008-09-30$9.34M71.01%
2008-06-30$5.46M26.16%
2008-03-31$4.33M16.31%
2007-12-31$3.72M-

PowerFleet generated $75.43M in revenue during Q2 2024, up 123.56% compared to the previous quarter, and up 229.70% compared to the same period a year ago.

PowerFleet Revenue Breakdown


PowerFleet Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 20Dec 19
Products$6.77M$45.42M
Services$6.58M$36.50M

PowerFleet's latest annual revenue breakdown by segment (product or service), as of Dec 20: Products (50.71%), and Services (49.29%).

Quarterly Revenue by Product

Product/ServiceMar 21Mar 20Dec 19
Products$5.84M$13.21M$16.46M
Services$8.06M$17.59M$18.68M

PowerFleet's latest quarterly revenue breakdown by segment (product or service), as of Mar 21: Services (57.98%), and Products (42.02%).

PowerFleet Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 20Dec 19
Services$6.58M-
Products$6.77M-
Israel-$9.65M
United States-$60.54M
Other-$11.72M

PowerFleet's latest annual revenue breakdown by geography, as of Dec 20: Products (50.71%), and Services (49.29%).

Quarterly Revenue by Country

CountryMar 21Mar 20
Services$8.06M-
Products$5.84M-
Israel-$9.74M
Other-$7.95M
United States-$13.11M

PowerFleet's latest quarterly revenue breakdown by geography, as of Mar 21: Services (57.98%), and Products (42.02%).

PowerFleet Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
CMTLComtech Telecommunications$1.11T$128.08M
CLFDClearfield$166.71B$48.79M
ADTNADTRAN$1.15B$227.70M
EXTRExtreme Networks$1.12B$269.20M
KNKnowles$462.30M$95.80M
DGIIDigi$444.85M$107.70M
CASACasa Systems$286.54M$62.09M
DZSIDZS$244.54M$31.07M
ITIIteris$171.99M$45.78M
PWFLPowerFleet$133.59M$75.43M
KVHIKVH Industries$132.38M$28.67M
OCCOptical Cable$72.17M$16.22M

PWFL Revenue FAQ


What is PowerFleet’s yearly revenue?

PowerFleet's yearly revenue for 2023 was $133.58M, representing a decrease of -1.16% compared to 2022. The company's yearly revenue for 2022 was $135.16M, representing an increase of 7.09% compared to 2021. PWFL's yearly revenue for 2021 was $126.21M, representing an increase of 11.11% compared to 2020.

What is PowerFleet’s quarterly revenue?

PowerFleet's quarterly revenue for Q2 2024 was $75.43M, a 123.56% increase from the previous quarter (Q1 2024), and a 135.35% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $33.74M, a -2.34% decrease from the previous quarter (Q4 2023), and a 2.74% increase year-over-year (Q1 2023). PWFL's quarterly revenue for Q4 2023 was $34.55M, a 1.04% increase from the previous quarter (Q3 2023), and a 4.33% increase year-over-year (Q4 2022).

What is PowerFleet’s revenue growth rate?

PowerFleet's revenue growth rate for the last 3 years (2021-2023) was 5.85%, and for the last 5 years (2019-2023) was 63.08%.

What are PowerFleet’s revenue streams?

PowerFleet's revenue streams in c 20 are Products, and Services. Products generated $6.77M in revenue, accounting 50.71% of the company's total revenue, down -85.10% year-over-year. Services generated $6.58M in revenue, accounting 49.29% of the company's total revenue, down -81.98% year-over-year.

What is PowerFleet’s main source of revenue?

For the fiscal year ending Dec 20, the largest source of revenue of PowerFleet was Products. This segment made a revenue of $6.77M, representing 50.71% of the company's total revenue.