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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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Home›AIOT›Financials
Annual statements · SEC XBRL · FY2017 – FY2026

Powerfleet, Inc. (AIOT) financials

Income statement

Powerfleet, Inc. (AIOT) income statement, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue$41.0M$53.1M$81.9M$114M$126M$136M$134M—$363M$444M
Revenue growth—29.6%54.4%38.7%10.9%7.9%-1.6%——22.4%
Gross profit$20.9M$25.8M$38.4M$59.0M$59.8M$65.0M$67.1M—$195M$246M
Gross margin51.1%48.6%46.8%52.0%47.4%47.8%50.2%—53.7%55.5%
Operating income-$4.09M-$5.74M-$9.76M-$3.46M-$8.17M-$6.97M-$12.6M—-$25.9M$19.6M
Operating margin-10.0%-10.8%-11.9%-3.0%-6.5%-5.1%-9.4%—-7.1%4.4%
Net income—-$5.81M-$11.0M-$9.01M-$12.8M-$6.75M-$5.67M—-$51.0M-$20.6M
Net margin—-11.0%-13.4%-7.9%-10.1%-5.0%-4.2%—-14.1%-4.6%
EPS (diluted)-$0.26-$0.34-$0.59-$0.46-$0.64-$0.49-$0.49—-$0.43-$0.15

Cash flow

Powerfleet, Inc. (AIOT) cash flow, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow$3.92M-$1.70M-$7.27M$8.85M-$5.39M$1.25M$4.40M—-$3.35M$30.5M
Capital expenditures$386K$251K$1.04M$3.18M$2.40M$4.01M$3.46M—$20.0M$21.6M
Free cash flow$3.53M-$1.95M-$8.31M$5.66M-$7.79M-$2.76M$933K—-$23.4M$8.84M
Share buybacks—$652K$317K——$211K$141K—$2.84M$0.00

Balance sheet

Powerfleet, Inc. (AIOT) balance sheet, annual, from SEC filings
Fiscal yearFY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash & equivalents$5.10M$10.2M$16.4M$18.1M$26.5M$17.7M$19.0M$24.4M$44.4M$36.5M
Total assets—$57.8M$223M$220M$230M$226M$224M$309M$910M$956M
Total liabilities—$26.3M$91.5M$88.3M$85.0M$83.5M$75.7M$180M$463M$474M
Long-term debt——$26.5M$23.2M$18.1M$16.3M$10.6M$114M$232M$230M
Shareholders' equity$33.0M$31.5M$84.2M$79.2M$92.1M$78.2M$73.2M$38.5M$447M$475M
Retained earnings—-$101M-$112M-$121M-$134M-$138M-$136M-$155M-$206M-$226M
Shares (wtd avg diluted)—18.2M29.7M29.7M34.6B35.6M35.6M37.2M120M134M

Every figure is extracted from Powerfleet, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Powerfleet, Inc.'s annual revenue?
Powerfleet, Inc. (AIOT) reported $444M of revenue for fiscal year 2026 — up 22.4% from $363M in FY2025, per its annual report filed with the SEC.
Is Powerfleet, Inc. profitable?
Not in FY2026 — AIOT reported a net loss of $20.6M, per SEC filings.
What is Powerfleet, Inc.'s free cash flow?
$8.84M in FY2026 (operating cash flow $30.5M minus $21.6M of capital expenditures), from the SEC cash-flow statement.
Does AIOT pay a dividend?
Powerfleet, Inc. reported no cash dividends paid in FY2026, per its SEC cash-flow statement.
Full AIOT analysis — verdict, score & filings →Is AIOT a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.