AIOT
PowerFleet, Inc.
NASDAQ: AIOT · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE
$3.05
-1.29% today
Updated 2026-04-29
Market cap
$409.15M
P/E ratio
—
P/S ratio
0.95x
EPS (TTM)
$-0.23
Dividend yield
—
52W range
$3 – $6
Volume
1.6M
PowerFleet, Inc. (AIOT) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.00M | $24.74M | $17.08M | $27.05M | $10.32M | $25.86M | $39.29M | $44.63M | $39.95M | $45.63M | $41.78M | $36.82M | $40.96M | $53.06M | $81.92M | $113.59M | $125.96M | $135.16M | $362.51M | $362.51M |
| Revenue growth (YoY) | — | +30.2% | -30.9% | +58.3% | -61.9% | +150.7% | +51.9% | +13.6% | -10.5% | +14.2% | -8.4% | -11.9% | +11.2% | +29.6% | +54.4% | +38.7% | +10.9% | +7.3% | +168.2% | +0.0% |
| Cost of revenue | $9.71M | $13.70M | $8.93M | $13.47M | $5.55M | $11.44M | $18.72M | $21.70M | $22.04M | $25.63M | $24.76M | $18.53M | $20.03M | $27.27M | $43.55M | $54.58M | $66.21M | $70.99M | $167.98M | $167.98M |
| Gross profit | $9.30M | $11.04M | $8.15M | $13.58M | $4.76M | $14.42M | $20.57M | $22.93M | $17.91M | $20.01M | $17.02M | $18.29M | $20.93M | $25.80M | $38.36M | $59.02M | $59.75M | $64.17M | $194.54M | $194.54M |
| Gross margin | 48.9% | 44.6% | 47.7% | 50.2% | 46.2% | 55.8% | 52.3% | 51.4% | 44.8% | 43.8% | 40.7% | 49.7% | 51.1% | 48.6% | 46.8% | 52.0% | 47.4% | 47.5% | 53.7% | 53.7% |
| R&D | $1.63M | $2.64M | $2.85M | $2.88M | $2.60M | $4.43M | $3.53M | $4.34M | $4.39M | $6.65M | $4.56M | $4.54M | $3.96M | $6.86M | $8.54M | $10.60M | $11.43M | $8.96M | $16.06M | $16.06M |
| SG&A | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $51.88M | $56.50M | $63.49M | $71.25M | $204.36M |
| Operating income | $531000.00 | $-4.54M | $-10.66M | $-6.06M | $-14.38M | $-13.33M | $-4.96M | $-3.82M | $-8.25M | $-12.18M | $-10.28M | $-6.37M | $-4.09M | $-5.74M | $-9.76M | $-3.61M | $-8.17M | $-6.95M | $-25.89M | $-25.89M |
| Operating margin | 2.8% | -18.4% | -62.4% | -22.4% | -139.4% | -51.6% | -12.6% | -8.6% | -20.6% | -26.7% | -24.6% | -17.3% | -10.0% | -10.8% | -11.9% | -3.2% | -6.5% | -5.1% | -7.1% | -7.1% |
| EBITDA | $742000.00 | $-4.23M | $-10.20M | $-5.18M | $-14.24M | $-11.00M | $-2.35M | $-1.63M | $-6.08M | $-9.96M | $-9.56M | $-5.39M | $-2.71M | $-4.08M | $-1.80M | $7.75M | $434000.00 | $7.83M | $56.80M | $56.80M |
| EBITDA margin | 3.9% | -17.1% | -59.7% | -19.2% | -138.1% | -42.5% | -6.0% | -3.7% | -15.2% | -21.8% | -22.9% | -14.6% | -6.6% | -7.7% | -2.2% | 6.8% | 0.3% | 5.8% | 15.7% | 15.7% |
| EBIT | $380000.00 | $-4.70M | $-10.75M | $-5.72M | $-14.78M | $-13.44M | $-4.72M | $-3.82M | $-8.25M | $-12.18M | $-10.28M | $-6.08M | $-3.84M | $-5.64M | $-4.62M | $-3.50M | $-8.12M | $-3.19M | $15.04M | $15.04M |
| Interest expense | — | — | — | — | $130000.00 | $56000.00 | — | — | — | — | — | $293000.00 | $342000.00 | $173000.00 | $948000.00 | $2.33M | $2.76M | $1.70M | $1.60M | $20.33M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $851000.00 | $-1.62M | $-7.34M | $-4.17M | $-13.19M | $-12.61M | $-4.04M | $-2.59M | $-7.50M | $-11.57M | $-9.95M | $-6.37M | $-3.87M | $-5.81M | $-10.96M | $-9.01M | $-12.77M | $-7.00M | $-50.99M | $-50.99M |
| Net income growth (YoY) | — | -289.9% | -354.3% | +43.1% | -216.0% | +4.4% | +68.0% | +35.8% | -189.3% | -54.4% | +14.0% | +36.0% | +39.2% | -50.2% | -88.6% | +17.8% | -41.7% | +45.1% | -628.1% | +0.0% |
| Profit margin | 4.5% | -6.5% | -43.0% | -15.4% | -127.9% | -48.8% | -10.3% | -5.8% | -18.8% | -25.4% | -23.8% | -17.3% | -9.4% | -11.0% | -13.4% | -7.9% | -10.1% | -5.2% | -14.1% | -14.1% |