PowerFleet Inc (AIOT)

Name: PowerFleet Inc Financial Statements
Creator: Quarter Results

Technology | Communication Equipment

Latest reporting period: 2026-03-31

Latest Quarter

2026-03-31

Revenue

$114M

Net Income

-$2.7M

Operating Margin

9.6%

Free Cash Flow

$8.8M

Debt / Assets

49.6%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for PowerFleet Inc (AIOT).
Income Statement (Quarterly)	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Revenue	114,490,000	113,487,000	111,679,000	104,121,000
Cost of Revenue	49,826,000	50,799,000	49,090,000	47,640,000
Gross Profit	64,664,000	62,688,000	62,589,000	56,481,000
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	48,903,000	51,770,000	54,151,000	53,663,000
Operating Expenses	53,639,000	56,342,000	58,345,000	58,520,000
Operating Income	11,025,000	6,346,000	4,244,000	-2,039,000
Interest Expense	6,919,000	6,844,000	6,977,000	6,786,000
Income Before Tax	2,006,000	-373,000	-3,017,000	-9,872,000
Income Tax Expense	4,064,000	2,991,000	1,271,000	362,000
Net Income	-2,666,000	-3,364,000	-4,288,000	-10,234,000
Per Share
EPS	-0.02	-0.03	-0.03	-0.08
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for PowerFleet Inc (AIOT).
Income Statement (Annual)	2026-03-31	2025-03-31	2024-03-31	2023-12-31	2023-03-31
Revenue	443,777,000	362,515,000	362,515,000	133,736,000	133,736,000
Cost of Revenue	197,355,000	167,978,000	167,978,000	66,660,000	66,660,000
Gross Profit	246,422,000	194,537,000	194,537,000	67,076,000	67,076,000
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	208,487,000	204,361,000	85,356,000	71,030,000	71,253,000
Operating Expenses	226,846,000	220,422,000	220,422,000	79,410,000	79,633,000
Operating Income	19,576,000	-25,885,000	-25,885,000	-12,334,000	-12,557,000
Interest Expense	27,526,000	20,330,000	1,602,000	1,602,000	1,602,000
Income Before Tax	-11,256,000	-46,452,000	-46,452,000	-5,051,000	-32,607,999
Income Tax Expense	8,688,000	4,517,000	4,517,000	589,000	1,408,000
Net Income	-20,552,000	-50,987,000	-50,987,000	-5,675,000	-34,060,000
Per Share
EPS	-0.15	-0.43	-1.09	-0.05	-0.48
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for PowerFleet Inc (AIOT).
Balance Sheet (Quarterly)	2026-03-31	2025-03-31	2024-03-31	2023-12-31
Assets
Cash and Cash Equivalents	36,496,000	48,788,000	24,354,000	19,332,000
Short Term Investments	0	0	0	0
Net Receivables	106,564,000	78,623,000	32,595,000	34,708,000
Inventory	22,448,000	18,350,000	21,658,000	22,602,000
Total Current Assets	179,180,000	169,080,000	169,788,000	81,942,000
Property Plant Equipment	78,291,000	70,350,000	20,147,000	18,578,000
Goodwill and Intangibles	667,513,000	641,728,000	103,139,000	103,562,000
Total Assets	955,565,000	910,071,000	308,680,000	217,746,000
Liabilities
Account Payables	46,353,000	41,599,000	20,025,000	20,025,000
Short Term Debt	53,741,000	51,784,000	3,740,000	22,594,000
Total Current Liabilities	157,952,000	151,009,000	43,590,000	58,556,000
Long Term Debt	243,174,000	240,351,000	119,731,000	4,908,000
Total Liabilities	473,950,000	463,329,000	179,771,000	79,825,000
Shareholders Equity
Retained Earnings	-226,335,000	-205,783,000	-154,796,000	-146,281,000
Total Shareholders Equity	475,494,000	446,592,000	128,804,000	137,819,000

Balance sheet annual history for PowerFleet Inc (AIOT).
Balance Sheet (Annual)	2026-03-31	2025-03-31	2024-03-31	2023-12-31
Assets
Cash and Cash Equivalents	36,496,000	48,788,000	24,354,000	19,332,000
Short Term Investments	0	0	0	0
Net Receivables	106,564,000	78,623,000	32,595,000	34,708,000
Inventory	22,448,000	18,350,000	21,658,000	22,602,000
Total Current Assets	179,180,000	169,080,000	169,788,000	81,942,000
Property Plant Equipment	78,291,000	70,350,000	20,147,000	18,578,000
Goodwill and Intangibles	667,513,000	641,728,000	103,139,000	103,562,000
Total Assets	955,565,000	910,071,000	308,680,000	217,746,000
Liabilities
Account Payables	46,353,000	41,599,000	20,025,000	20,025,000
Short Term Debt	53,741,000	51,784,000	3,740,000	22,594,000
Total Current Liabilities	157,952,000	151,009,000	43,590,000	58,556,000
Long Term Debt	243,174,000	240,351,000	119,731,000	4,908,000
Total Liabilities	473,950,000	463,329,000	179,771,000	79,825,000
Shareholders Equity
Retained Earnings	-226,335,000	-205,783,000	-154,796,000	-146,281,000
Total Shareholders Equity	475,494,000	446,592,000	128,804,000	137,819,000

Cash flow quarterly history for PowerFleet Inc (AIOT).
Cash Flow Statement (Quarterly)	2026-03-31	2025-03-31	2023-12-31
Operating Activities
Net Income	-20,552,000	-50,987,000	-5,675,000
Depreciation & Amortization	60,280,000	47,494,000	9,445,000
Stock Based Compensation	7,541,000	9,362,000	3,908,000
Change in Working Capital	-29,895,000	-25,006,000	-460,000
Operating Cash Flow	30,461,000	-3,345,000	4,397,000
Investing Activities
Capital Expenditure	-21,618,000	-33,790,000	-7,093,000
Investments	-21,618,000	-33,790,000	-7,093,000
Investing Cash Flow	-39,748,000	-170,596,000	1,529,000
Financing Activities
Debt Repayment	112,000	141,909,000	-216,000
Common Stock Issued/Repurchased	39,000	63,623,000	-141,000
Dividends Paid	0	-90,298,000	-3,385,000
Financing Cash Flow	151,000	115,722,000	-3,706,000
Summary
Free Cash Flow	8,843,000	-37,135,000	-2,696,000
Net Change in Cash	-7,970,000	-60,876,000	1,343,000

Cash flow annual history for PowerFleet Inc (AIOT).
Cash Flow Statement (Annual)	2026-03-31	2025-03-31	2023-12-31
Operating Activities
Net Income	-20,552,000	-50,987,000	-5,675,000
Depreciation & Amortization	60,280,000	47,494,000	9,445,000
Stock Based Compensation	7,541,000	9,362,000	3,908,000
Change in Working Capital	-29,895,000	-25,006,000	-460,000
Operating Cash Flow	30,461,000	-3,345,000	4,397,000
Investing Activities
Capital Expenditure	-21,618,000	-33,790,000	-7,093,000
Investments	-21,618,000	-33,790,000	-7,093,000
Investing Cash Flow	-39,748,000	-170,596,000	1,529,000
Financing Activities
Debt Repayment	112,000	141,909,000	-216,000
Common Stock Issued/Repurchased	39,000	63,623,000	-141,000
Dividends Paid	0	-90,298,000	-3,385,000
Financing Cash Flow	151,000	115,722,000	-3,706,000
Summary
Free Cash Flow	8,843,000	-37,135,000	-2,696,000
Net Change in Cash	-7,970,000	-60,876,000	1,343,000