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MARKETS / NASDAQ / AIOT
NASDAQ · COMMUNICATIONS EQUIPMENT, NEC · MID CAP

Powerfleet, Inc. AIOT

9 fiscal years on record · USD · FY2025 reported · SEC filings only
$443.8M
▲ 22.4% YoY
$-20.6M
$8.8M
In brief

What this company does

Powerfleet markets and sells its Unity ecosystem and connected AIoT data solutions to a wide range of customers in the commercial and government sectors. It is headquartered in Woodcliff Lake, New Jersey, with offices located around the globe. As of March 31, 2026, it had 2,658 total employees globally, 100% of whom are full-time employees. It serves over 50,000 enterprise and mid-market customers across industries including construction and heavy equipment, distribution, field services, leasing and car rental, government and public safety, manufacturing and automotive, oil, gas, and chemical, transportation and logistics, utilities and telecommunications, and cold chain logistics. No individual customer generates revenue equal to or greater than 10% of its consolidated total revenue. As of May 26, 2026, its patent portfolio included 27 U.S. patents, 2 pending U.S. patent applications, 3 pending foreign patent applications, and 3 foreign patents. Its offerings are sold under the global brands Powerfleet, Pointer, Cellocator, MiX by Powerfleet and Fleet Complete. Powerfleet, Inc. was incorporated in the State of Delaware in February 2019 for the purpose of effectuating the transactions pursuant to which it acquired Pointer.

Written from the business description in Powerfleet, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 15 June 2026. Every sentence was checked against that document before publication.

Growth
USD 443.8M
Revenue, FY2025 · full 9-year series below
Revenue $M Net income $M
FY2025 · Revenue 443.8 · Net income -20.6
200M400M-20M-40M201720182019202020212022202320242025
Compound annual growth
+48.4%
+31.3%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +31.3% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−4 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating 4.4% · Net -4.5%
2%4%-5%-10%201720182019202020212022202320242025
ROE
FY2025 · ROE -4.5%
-10%-20%201720182019202020212022202320242025

Each USD of equity lost 4 cents this year.

Cash & shareholders
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 8.8
4M8M-8M-16M201720182019202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks -0.0
-20M-40M201820192022202320242025

Total assetsUSD 955.6M
EquityUSD 475.5M
CashUSD 36.5M
Gross debtUSD 236.0M
Net debtUSD 199.5M
Current ratio1.13×

Net debt stands at 42% of equity.

The 9-year record
9 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020201920182017
Revenue $B0.40.40.10.10.10.10.10.10.0
Operating income $B0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0
EBITDA $B0.10.0−0.00.00.00.0−0.0−0.0−0.0
Income tax $B0.00.00.00.00.00.0−0.0·0.0
Net income $B−0.0−0.1−0.0−0.0−0.0−0.0−0.0−0.0−0.0
Free cash flow $B0.0−0.00.0−0.0−0.00.0−0.0−0.00.0
EPS, diluted $−0.15−0.43−0.49−0.49−0.64−0.46−0.59−0.34−0.26
Dividend / sh $·········
Payout %·········
ROE %−4.5−21.0−10.6−9.2−16.2−11.0−18.9−18.4·
Shares out B0.130.130.040.040.040.030.030.02·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 43 reconciliationsAUDITED

Reconciled in 9 of 19 fiscal years. 52 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityCommunications Equipment, NEC
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsMarch 31
Data on record since2017

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