Powerfleet reports third quarter 2025 financial results

Q3 revenue rises to $106 million, an increase of 45% year-over-year, with service revenuerepresenting 77% of total revenue adjusted ebitda climbs to $22 million, an increase of 77%, driving an annual run ratesurpassing $85 million— doubling 2024 adjusted ebitda fy25 full year guidance increased $10 million for revenue and $2.5 million for adjustedebitda meaningful increase in adjusted gross margin performance, with total adjusted grossmargins now above 60%, and adjusted service gross margins approaching 70%  post-m&a integration ahead of schedule, priming for double digit growth trajectory in fy26 woodcliff lake, n.j. , feb. 10, 2025 /prnewswire/ --  powerfleet, inc.  (nasdaq: aiot) reported its financial results for the third quarter ended december 31, 2024.
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