Powerfleet, Inc. (AIOT) Financial Statements
Industry: Communications Equipment (Other)
In fiscal 2026, Powerfleet reported revenue of $443.8M, up 22.4% from $362.5M the year before. Net income was -$20.6M (a -4.6% net margin), or -$0.15 per diluted share. Gross margin was 55.5% and operating margin was 4.4%. Operating activities generated $30.5M of cash, leaving $8.8M of free cash flow. At fiscal year end, Powerfleet held $955.6M in total assets against $473.9M in total liabilities, including $36.5M of cash and equivalents.
Open the full interactive Powerfleet financials → Quarterly statements, key ratios, valuation history and price charts.
Powerfleet Key Stats
| Share Price | $2.69 |
|---|---|
| Market Cap | $360.9M |
| Revenue YoY Growth | +22.4% |
| 52-Week Range | $2.62 – $5.65 |
| Shares Outstanding | 134.2 million (basic, 2027 Q1) |
Powerfleet Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $0 | $126.2M | $135.2M | $133.7M | $362.5M | $443.8M |
| Cost of Goods Sold | $30.2M | $66.0M | $71.0M | $66.7M | $168.0M | $197.4M |
| Gross Profit | -$30.2M | $60.2M | $64.2M | $67.1M | $194.5M | $246.4M |
| Operating Income | -$3.5M | -$8.0M | -$7.8M | -$12.6M | -$25.9M | $19.6M |
| Pre-Tax Income | -$8.0M | -$10.7M | -$6.7M | -$5.1M | -$46.5M | -$11.3M |
| Income Tax | $1.0M | $2.6M | $296,000 | $589,000 | $4.5M | $8.7M |
| Net Income | -$9.0M | -$13.3M | -$7.0M | -$5.7M | -$51.0M | -$20.6M |
| Diluted EPS | -$0.46 | -$0.52 | — | -$0.49 | -$0.43 | -$0.15 |
Powerfleet Quarterly Results
| 2026 Q2 | 2026 Q3 | 2026 Q4 | 2027 Q1 | |
|---|---|---|---|---|
| Revenue | $111.7M | $113.5M | $114.5M | $110.8M |
| Net Income | -$4.3M | -$3.4M | -$2.7M | -$8.4M |
| Diluted EPS | -$0.03 | -$0.03 | -$0.02 | -$0.06 |
Powerfleet Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $18.1M | $26.5M | $17.7M | $19.0M | $44.4M | $36.5M |
| Current Assets | $64.8M | $87.9M | $81.2M | $82.0M | $169.1M | $179.2M |
| Total Assets | $208.8M | $229.9M | $217.4M | $217.7M | $910.1M | $955.6M |
| Current Liabilities | $35.9M | $44.3M | $45.7M | $58.6M | $151.0M | $158.0M |
| Total Long-Term Debt | $28.5M | $24.2M | $16.0M | $12.4M | $237.0M | $236.0M |
| Total Liabilities | $77.5M | $85.0M | $77.1M | $79.8M | $463.3M | $473.9M |
| Shareholders' Equity | $79.2M | $92.1M | $82.7M | $57.5M | $446.6M | $475.5M |
Powerfleet Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | — | -$5.0M | $757,000 | $4.4M | -$3.3M | $30.5M |
| Cash From Investing | — | -$3.4M | -$5.8M | $1.5M | -$170.6M | -$39.7M |
| Cash From Financing | — | $16.2M | -$282,000 | -$3.7M | $115.7M | $151,000 |
| Free Cash Flow | $0 | -$8.4M | -$2.8M | $933,000 | -$23.4M | $8.8M |
Figures from Powerfleet's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Powerfleet financials page for every line item.
Powerfleet Company Profile
| Ticker | AIOT |
|---|---|
| Exchange | Nasdaq |
| Industry | Communications Equipment (Other) |
| Headquarters | Woodcliff Lake, New Jersey |
| Incorporated in | Delaware |
| Fiscal Year End | March 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0001774170 |
Frequently Asked Questions
What was Powerfleet's revenue in fiscal 2026?
Powerfleet (AIOT) reported revenue of $443.8M for fiscal 2026.
What is Powerfleet's annual revenue history?
Powerfleet's annual revenue by fiscal year: 2020: $0; 2021: $126.2M; 2022: $135.2M; 2023: $133.7M; 2025: $362.5M; 2026: $443.8M.
What was Powerfleet's net income in fiscal 2026?
Powerfleet reported net income of -$20.6M for fiscal 2026.
What was Powerfleet's earnings per share (EPS) in fiscal 2026?
Powerfleet's diluted EPS was -$0.15 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did Powerfleet generate in fiscal 2026?
Powerfleet generated $8.8M of free cash flow in fiscal 2026.
What was Powerfleet's revenue last quarter?
In its most recent reported quarter (2027 Q1), Powerfleet reported revenue of $110.8M.
How much debt does Powerfleet have?
Powerfleet reported $236.0M of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of Powerfleet are outstanding?
Powerfleet reported a weighted average of 134.2 million basic shares outstanding in 2027 Q1.
What is Powerfleet's market cap?
Based on its latest closing price, Powerfleet (AIOT) has a market capitalization of about $360.9M.
When does Powerfleet's fiscal year end?
Powerfleet's fiscal year end, as registered with the SEC, is March 31.
Where is Powerfleet headquartered?
Powerfleet lists its business address in Woodcliff Lake, New Jersey in its SEC filings.