Powerfleet, Inc. (NASDAQ:AIOT)
Insiders here have filed 5 Form 4s in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Loses money on what it sells.
- Revenue
- $450.4M
- Net income
- -$18.8M
- Net margin
- -4.2%
Heavily indebted for what it earns.
- Total debt
- $295.6M
- Cash
- $32.8M
- Net debt / EBITDA
- 3.29x
Covers near-term obligations, without much room.
- Current assets
- $173.5M
- Current liabilities
- $158.0M
- Current ratio
- 1.10
Roughly cash-neutral.
- Operating cash flow
- $34.2M
- Free cash flow
- $8.0M
- FCF margin
- 1.8%
Not funding itself by issuing shares.
- Shares outstanding
- 134.2M
- Share growth (1y)
- 1.0%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
AIOT Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 110.79 M | 114.49 M | 113.49 M | 111.68 M | 104.12 M | 103.64 M |
| Revenue Growth (YoY) | 6.41 % | 10.47 % | 6.63 % | 45.00 % | 38.04 % | 203.34 % |
| Cost of Revenue | 49.63 M | 49.83 M | 50.80 M | 49.09 M | 47.64 M | 48.88 M |
| Gross Profit | 61.16 M | 64.66 M | 62.69 M | 62.59 M | 56.48 M | 54.76 M |
| SG&A Expense | 56.53 M | 48.90 M | 51.77 M | 54.15 M | 53.66 M | 56.84 M |
| R&D Expense | 4.36 M | 4.74 M | 4.57 M | 4.19 M | 4.86 M | 4.90 M |
| Operating Expenses | 60.89 M | 53.64 M | 56.34 M | 58.34 M | 58.52 M | 61.74 M |
| Operating Income | 270.00 K | 11.03 M | 6.35 M | 4.24 M | -2.04 M | -6.98 M |
| Pretax Income | -6.88 M | 2.01 M | -373.00 K | -3.02 M | -9.87 M | -12.74 M |
| Tax Provision | 1.37 M | 4.06 M | 2.99 M | 1.27 M | 362.00 K | -304.00 K |
| Net Income | -8.44 M | -2.67 M | -3.36 M | -4.29 M | -10.23 M | -12.44 M |
| EPS (Basic) | -0.06 | -0.02 | -0.03 | -0.03 | -0.08 | -0.11 |
| EPS (Diluted) | -0.06 | -0.02 | -0.03 | -0.03 | -0.08 | -0.11 |
| Shares Outstanding | 134.17 M | 134.15 M | 133.63 M | 133.68 M | 132.79 M | 132.19 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.