Saturday 17 October 2026 Export AIOT’s income statement to Excel — free account

PowerFleet, Inc.

PowerFleet, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $443.8 million, up 22.4% from fiscal 2025. In the quarter to June 2026, revenue grew 6.41%, EPS grew 25.0%, free cash flow grew 92.6% and total debt fell 1.57%, each against the same quarter a year earlier.

2.39 0.10 −4.02%

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Market cap: $334.2M
P/E: 0.0×
Fwd P/E: 53.6×
Dividend yield: —
F-score: n/a
Altman Z: 0.74
Beneish M: −2.54
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 6.21%

Capital & Financial Ratios $m

Market Cap 334.22

Revenue 450.45

Net Income (18.76)

Free Cash Flow (2.98)

Net Debt 192.58

Current Ratio 1.10

Debt/Equity 0.48

P/E ratio 0.00

Fwd P/E 53.60

P/S ratio 0.71

P/B ratio 0.66

Past 5Y EPS Growth —

This Y EPS Growth 61.33%

Next Y EPS Growth 375.86%

Next Y revenue growth 5.68%

Next 5Y EPS Growth 117.72%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 7.96%

10-year low 10-year high

P/B against its own 10 years 0.07%

10-year low 10-year high

EV/Sales against its own 10 years 22.89%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	110	49	41	37
Receivables	30	79	94	91
Inventory	22	18	22	22
Other	—	—	—	—
	170	169	179	174

	2024	2025	2026	Q'26
Payables	20	42	46	44
ST’ Debt	—	—	—	—
Other	—	—	—	—
	44	151	158	158

Compound Annual Growth %

	10y	5y	3y
Sales	26.65%	31.33%	48.36%
Cash Flow	0.00%	28.05%	190.00%
Earnings	0.00%	0.00%	0.00%
Book Value	40.38%	26.84%	51.08%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	—	111	—	—	—
’26	114	104	112	113	444
’25	104	75	77	106	363
’23	33	32	34	35	134
’22	33	35	34	34	136
’21	29	34	29	34	126
’20	31	26	28	29	114

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	8	—	—	—
’26	10	5	6	10	30
’25	14	(8)	(3)	(6)	(3)
’23	2	0	(2)	5	4
’22	(2)	(3)	1	3	1
’21	1	3	(4)	(4)	(5)
’20	3	4	1	4	9

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	(1)	—	—	—
’26	2	(7)	(7)	2	(10)
’25	3	(16)	(10)	(15)	(37)
’23	0	(2)	(3)	3	(3)
’22	(3)	(5)	(1)	1	(5)
’21	0	2	(6)	(5)	(8)
’20	2	4	0	2	6

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	—	(0.06)	—	—	—
’26	(0.02)	(0.08)	(0.03)	(0.03)	(0.15)
’25	(0.09)	(0.21)	(0.02)	(0.11)	(0.43)
’23	0.08	(0.12)	(0.14)	(0.13)	(0.16)
’22	(0.12)	(0.04)	(0.10)	(0.08)	(0.19)
’21	(0.09)	(0.08)	(0.13)	(0.23)	(0.37)
’20	(0.16)	(0.13)	(0.06)	(0.12)	(0.30)

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	5.25	5.01	4.76	2.55	4.58	2.06	1.64	2.85	3.70	2.29	Analyst estimates 2027–2029 Powerpack
	High	7.75	8.05	7.24	8.50	9.55	5.07	3.49	7.38	8.71	5.81
People
People	Employees	117	138	840	772	669	795	780	—	2,518	2,658
	Revenue/emp, $m	0.35	0.38	0.10	0.15	0.19	0.17	0.17	—	0.14	0.17
Income, $m
Income, $m	Revenue	41	53	82	114	126	136	134	—	363	444
	Gross margin, %	51.09	48.62	46.83	51.95	47.44	47.82	50.16	—	53.66	55.53
	EBT	(4)	(6)	(11)	(8)	(11)	(6)	(5)	—	(46)	(11)
	EBT margin, %	(10.21)	(10.95)	(13.50)	(7.02)	(8.64)	(4.33)	(3.78)	—	(12.81)	(2.54)
	Net income	(4)	(6)	(11)	(9)	(13)	(7)	(6)	0	(51)	(21)
	Depreciation	1	2	3	8	9	8	9	—	47	60
Per share, $
Per share, $	Revenue	2.74	3.08	4.00	3.82	3.64	3.84	3.75	—	3.02	3.32
	Earnings	(0.26)	(0.34)	(0.54)	(0.30)	(0.37)	(0.19)	(0.16)	—	(0.43)	(0.15)
	Cash flow	0.26	(0.10)	(0.35)	0.30	(0.16)	0.04	0.12	—	(0.03)	0.23
	Capex	(0.03)	(0.01)	(0.05)	(0.11)	(0.09)	(0.18)	(0.20)	—	(0.28)	(0.30)
	Free cash flow	0.24	(0.11)	(0.40)	0.19	(0.24)	(0.14)	(0.08)	—	(0.31)	(0.07)
	Book value	2.20	1.83	6.43	4.42	4.19	3.98	3.87	0.00	3.73	3.56
	Shares, m	15	17	20	30	35	35	36	—	120	134
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	0.00	0.00
	P/S	2.52	1.82	1.63	1.94	1.30	0.68	0.87	—	1.82	0.93
	P/B	3.14	3.05	1.58	2.78	1.78	1.35	2.03	—	1.47	0.87
	EV/Sales	2.38	1.62	1.86	2.03	1.30	0.73	0.91	—	2.42	1.43
	EV/FCF	16.79	(21.06)	(15.03)	29.42	(19.92)	(12.86)	(45.09)	—	(23.60)	(66.54)
Cash, $m
Cash, $m	Operating cash flow	4	(2)	(7)	9	(5)	1	4	—	(3)	30
	Capex	0	0	(1)	(3)	(3)	(6)	(7)	—	(34)	(40)
	Free cash flow	4	(2)	(8)	6	(8)	(5)	(3)	—	(37)	(10)
Balance, $m
Balance, $m	Working capital	10	16	28	29	44	37	23	126	18	21
	Total debt	—	—	36	29	18	11	—	114	232	230
	Net debt	(7)	(11)	19	10	(9)	(7)	(19)	4	183	189
	Shareholders’ equity	33	32	132	131	145	141	138	129	447	476
Returns, %
Returns, %	ROA	(7.36)	(9.79)	(8.58)	(6.15)	(9.82)	(7.54)	(7.94)	0.00	(8.37)	(2.20)
	ROIC	(9.70)	(17.34)	(4.05)	(1.53)	(3.75)	(3.24)	(6.62)	0.00	(2.57)	1.84
	ROE	(15.80)	(18.02)	(20.82)	(16.65)	(25.74)	(20.96)	(27.34)	0.00	(21.02)	(4.46)

Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026 · fundamentals updated 28 Sep 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
RPAY Repay Holdings Corporation	$369.5M	— (loss-making)	— (loss-making)	+33.16% (above 0%: growing)	n/m	+21.11% (above 0%: growing)	70.13%	(3.23%)	Compare
QIWI QIWI PLC	$355.6M	9.1×	3.3×	−360.74% (below 0%: shrinking)	n/m	−94.56% (below 0%: shrinking)	51.39%	24.46%	Compare
NUAI New Era Energy & Digital, Inc.	$354.9M	— (loss-making)	—	−82.54% (below 0%: shrinking)	n/m	−399.88% (below 0%: shrinking)	100.00%	(46,250.68%)	Compare
AIOT PowerFleet, Inc.	$334.2M	— (loss-making)	53.6×	+6.41% (above 0%: growing)	n/m	+92.55% (above 0%: growing)	55.20%	0.24%
SUPX SuperX AI Technology Limited	$325.4M	—	—	—	—	−135,337.38% (below 0%: shrinking)	—	—	Compare
IMXI INTERNATIONAL MONEY EXPRESS, INC.	$319.6M	16.4×	29.3×	−18.60% (below 0%: shrinking)	−62.16% (below 0%: shrinking)	+203.48% (above 0%: growing)	20.76%	6.67%	Compare
TLS Telos Corporation	$319.1M	— (loss-making)	— (loss-making)	+32.74% (above 0%: growing)	n/m	+42.95% (above 0%: growing)	34.96%	0.65%	Compare
KDK Kodiak AI, Inc.	$319.0M	— (loss-making)	—	+595.63% (above 0%: growing)	n/m	−60.60% (below 0%: shrinking)	100.00%	(1,248.27%)	Compare
XNET Xunlei Limited	$295.8M	— (loss-making)	—	+38.73% (above 0%: growing)	n/m	+309.97% (above 0%: growing)	56.13%	(4.67%)	Compare
Median of peers	$322.5M	—	—	+32.74%	—	−19.74%	56.13%	(3.23%)

All 173 Software Infrastructure stocks →

PowerFleet, Inc. (AIOT) key facts

Strength: PowerFleet, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $443.8 million, up 22.4% from fiscal 2025.
PowerFleet, Inc. (AIOT) is a Software Infrastructure company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, AIOT traded at $2.39, a market capitalization of $334.2 million.
Return on equity was −4.46% and debt-to-equity 0.48.
Its Altman Z-score is 0.74 (distress zone) for fiscal 2026.

Source: company filings (standardised) and stockrow calculations · fundamentals updated Sep 28, 2026.