SequelSEC

Powerfleet, Inc. AIOT

Communications Equipment, NEC · CIK 0001774170 · Fiscal year ends 0331

AnnualQuarterlyTTM
Revenue
$110.79M
Fiscal year ended 2026-06-30
Operating income
$270.00K
Fiscal year ended 2026-06-30
Free cash flow
$3.57M
Fiscal year ended 2026-06-30

Valuation, from the filing

Public float$660.50MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-09-30
Float per share$4.92Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue1.5×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity1.4×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-09-30, not today, and each multiple below it uses the figures for the fiscal year ending 2026-03-31 — the year that filing covered.

How this compares in its industry

Percentile among the Communications Equipment, NEC filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Long-term debt / equity0.48x100th
Gross margin55.5%91th
R&D / revenue4.1%9th
Current ratio1.13x15th
Revenue YoY growth22.4%83th
CapEx / revenue4.9%78th
SBC / revenue1.7%30th
Net margin-4.6%58th
Operating margin4.4%58th
FCF margin2.0%44th

Powerfleet, Inc. (AIOT) reported revenue of $110.79M and net income of -$8.44M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Powerfleet, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Communications Equipment, NEC.

Income

Powerfleet, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302023-12-31
Revenue$110.79M$114.49M$113.49M$111.68M$104.12M$103.64M$106.43M$77.02M$75.43M$34.55M
Cost of revenue$49.63M$49.83M$50.80M$49.09M$47.64M$48.88M$47.65M$35.68M$35.78M$17.17M
Gross profit$61.16M$64.66M$62.69M$62.59M$56.48M$54.76M$58.78M$41.34M$39.65M$17.38M
Operating income$270.00K$11.02M$6.35M$4.24M-$2.04M-$6.98M-$1.24M$573.00K-$18.24M-$3.97M
Net income-$8.44M-$2.67M-$3.36M-$4.29M-$10.23M-$12.44M-$14.35M-$1.89M-$22.34M-$3.50M
Research & development$4.36M$4.74M$4.57M$4.19M$4.86M$4.90M$4.62M$3.44M$3.10M$2.01M
Weighted-average diluted sharesshares 134.17MUnavailableshares 133.88Mshares 133.68Mshares 133.31MUnavailableshares 132.19Mshares 107.53Mshares 107.14Mshares 35.71M
Pretax income-$6.88M$2.01M-$373.00K-$3.02M-$9.87M-$12.74M-$10.84M-$1.63M-$21.25M-$3.56M
Income tax expense$1.37M$4.06M$2.99M$1.27M$362.00K-$304.00K$3.51M$256.00K$1.05M-$92.00K
Diluted EPS$-0.06Unavailable$-0.03$-0.03$-0.08Unavailable$-0.11$-0.02$-0.21$-0.18
Selling, general & administrative$56.53M$48.90M$51.77M$54.15M$53.66M$56.84M$55.40M$37.34M$54.78M$19.34M
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Powerfleet, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302023-12-31
Cash & equivalents$32.82M$36.50M$31.22M$27.90M$31.20M$44.39M$33.63M$25.96M$30.24M$19.02M
Total assets$962.56M$955.56M$959.46M$936.89M$930.78M$910.07M$908.67M$748.34M$684.91M$217.75M
Current assets$173.51M$179.18M$175.08M$167.84M$167.78M$169.08M$174.26M$195.34M$133.88M$82.02M
Total liabilities$473.67M$473.95M$474.28M$467.91M$469.90M$463.33M$450.13M$297.22M$294.36M$79.82M
Current liabilities$158.02M$157.95M$160.02M$156.35M$156.60M$151.01M$143.75M$114.13M$108.84M$58.56M
Total equity incl. NCI$482.70M$475.61M$485.18M$468.98M$460.88M$446.74M$458.54M$451.11M$390.55M$57.64M
Temporary (mezzanine) equity$6.19M$6.01MUnavailableUnavailableUnavailable$0$0$0$0$80.28M
Inventory$21.64M$22.45M$22.06M$22.47M$23.89M$18.35M$27.98M$23.49M$25.83M$22.60M
Accounts receivable$91.40M$93.82M$92.22M$85.03M$81.48M$78.62M$82.17M$64.82M$60.13M$32.44M
Goodwill$421.06M$412.00M$413.34M$401.22M$394.67M$383.15M$374.94M$300.28M$300.78M$83.49M
Long-term debt$229.30M$229.67M$231.16M$231.91M$232.95M$232.16M$233.75M$111.01M$111.96MUnavailable
Accounts payable$44.46M$46.35M$48.43M$49.77M$48.34M$41.60M$41.92M$41.82M$46.10M$19.24M

Cash flow

Powerfleet, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302023-12-31
Operating cash flow$8.44M$10.01M$10.21M$5.52M$4.72M$13.54M-$6.09M-$3.18M-$7.62M$4.71M
Capital expenditures$4.87M$3.90M$5.26M$4.34M$8.11M$3.40M$6.15M$4.87M$5.59M$923.00K
Investing cash flow-$8.97M-$7.80M-$8.07M-$12.06M-$11.82M-$10.12M-$173.39M-$6.72M$19.64M-$1.82M
Financing cash flow-$4.14M$2.15M$1.33M$3.44M-$6.77M$8.15M$129.88M$67.16M-$89.47M-$2.36M
Net change in cash-$4.10M$4.97M$3.37M-$3.16M-$13.14M$10.14M-$50.39M$57.64M-$78.27M-$275.00K
Stock-based compensation$3.11M$1.60M$1.49M$2.59M$1.85M$924.00K$1.14M$1.37M$5.93M$1.12M
Common dividends paidUnavailableUnavailable$0$0$0Unavailable$0$2.00K$4.00K$0
Common share repurchasesUnavailable$0$0$0$0$0$0$0$2.84M$3.00K
Depreciation & amortization$16.21M$4.70M$6.13M$6.28M$16.03M$14.45M$4.59M$5.23M$10.34M$1.20M

Derived

Powerfleet, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302023-12-31
Free cash flow$3.57M$6.11M$4.94M$1.18M-$3.39M$10.14M-$12.25M-$8.04M-$13.20M$3.79M
Gross margin55.2%56.5%55.2%56.0%54.2%52.8%55.2%53.7%52.6%50.3%
Operating margin0.2%9.6%5.6%3.8%-2.0%-6.7%-1.2%0.7%-24.2%-11.5%
FCF margin3.2%5.3%4.4%1.1%-3.3%9.8%-11.5%-10.4%-17.5%11.0%
SBC / revenue2.8%1.4%1.3%2.3%1.8%0.9%1.1%1.8%7.9%3.3%
Current ratio1.10x1.13x1.09x1.07x1.07x1.12x1.21x1.71x1.23x1.40x
Revenue YoY growth6.4%10.5%6.6%45.0%38.0%Unavailable208.0%UnavailableUnavailable3.0%
Net margin-7.6%-2.3%-3.0%Unavailable-9.8%-12.0%-13.5%UnavailableUnavailable-10.1%
R&D / revenue3.9%4.1%4.0%3.8%4.7%4.7%4.3%4.5%4.1%5.8%
CapEx / revenue4.4%3.4%4.6%3.9%7.8%3.3%5.8%6.3%7.4%2.7%
Long-term debt / equity0.48x0.48x0.48xUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailable202.6%UnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open AIOT in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-10View SEC filing
10-K · Filed 2026-06-15View SEC filing
10-Q · Filed 2026-02-09View SEC filing
10-Q · Filed 2025-11-10View SEC filing
10-Q · Filed 2025-08-11View SEC filing
10-K · Filed 2025-06-26View SEC filing

Companies in the same industry

Reconciliation checks needing review

4 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

balance equationinconsistent2023-09-30

Withheld: assets, equity, liabilities could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2023-09-30

Withheld: cost revenue, revenue could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2023-06-30

Withheld: cost revenue, revenue could not be reconciled with the rest of this filer’s statement.

balance equationinconsistent2023-06-30

Withheld: assets, equity, liabilities could not be reconciled with the rest of this filer’s statement.