Powerfleet Inc. has announced its preliminary financial results for fiscal year 2025, highlighting a robust performance with a total revenue expected to reach approximately $362.5 million. This represents a 25% increase year-over-year, aligning with previous guidance. Adjusted EBITDA growth is projected to be 65%, reflecting strong demand and effective execution strategies. Looking ahead to fiscal year 2026, Powerfleet anticipates total revenue growth in the range of 20% to 25%, based on a revenue base of $352.5 million. This accounts for a slight decrease of approximately 3% from FY25 revenue due to a U.S. GAAP accounting change related to the re-bundling of hardware sales for the legacy Fleet Complete business and the shutdown of legacy FSM revenue. Despite ongoing macroeconomic challenges, including tariff-related pressures and extended customer decision cycles, Powerfleet remains optimistic about its long-term growth prospects. The company attributes this confidence to the advancement of Unity's device-agnostic platform, which plays an increasingly significant role in unifying customer operations and offers a competitive advantage and monetization potential. Once macroeconomic conditions stabilize, Powerfleet intends to issue formal guidance for FY26.