9 years of revenue, profit, cash flow and balance-sheet history through FY2026,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 28.6% per year over the past 5 years.
Operating margin has expanded, at 4.4% in the latest year.
Financial health
Total debt ($287M) exceeds cash ($36M); net debt is $250M.
Total debt has grown faster than revenue (56.7% vs 28.6% per year).
Operating income covered interest expense 0.7× in the latest year.
Total debt is 3.6× EBITDA.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2026
$444M
-$21M
55.5%
4.4%
$9M
$287M
$36M
2025
$363M
-$51M
53.7%
-7.1%
-$23M
$279M
$44M
2023
$134M
-$6M
50.2%
-9.4%
$933000
—
$19M
2022
$136M
-$7M
47.8%
-5.1%
-$3M
$26M
$18M
2021
$126M
-$13M
47.4%
-6.5%
—
$30M
$26M
2020
$114M
-$9M
52.0%
-3.0%
—
$34M
$18M
2019
$82M
-$11M
46.8%
-11.9%
—
$33M
$16M
2018
$53M
—
48.6%
-10.8%
—
—
$10M
2017
$41M
—
51.1%
-10.0%
—
—
$5M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$114M
-$3M
56.5%
9.6%
$6M
$287M
$36M
Dec '25
$113M
-$3M
55.2%
5.6%
$5M
$284M
$31M
Sep '25
$112M
-$4M
56.0%
3.8%
$1M
$281M
$28M
Jun '25
$104M
-$10M
54.2%
-2.0%
-$3M
$276M
$31M
Mar '25
$104M
-$12M
52.8%
-6.7%
$10M
$279M
$44M
Dec '24
$106M
-$14M
55.2%
-1.2%
-$12M
$273M
$34M
Sep '24
$77M
-$2M
53.7%
0.7%
-$8M
$149M
$26M
Jun '24
$75M
-$22M
52.6%
-24.2%
-$13M
$141M
$30M
Mar '24
$34M
-$9M
48.0%
-22.7%
-$2M
$117M
$24M
Dec '23
$35M
-$4M
50.3%
-11.5%
—
—
$19M
Sep '23
$34M
-$4M
50.0%
-9.0%
-$2M
$23M
$19M
Jun '23
$32M
-$3M
49.9%
-10.6%
-$1M
$24M
$22M
Mar '23
$33M
$5M
50.5%
-6.4%
—
$24M
$25M
Dec '22
$34M
-$1M
50.7%
-1.2%
—
$26M
$18M
Sep '22
$35M
-$2M
50.5%
-2.8%
—
$31M
$17M
Jun '22
$35M
-$407000
46.8%
-4.2%
—
$29M
$18M
Mar '22
$33M
-$3M
43.4%
-11.3%
—
$28M
$21M
Dec '21
$34M
-$7M
44.7%
-10.2%
—
$30M
$26M
Sep '21
$29M
-$3M
48.8%
-8.3%
—
$31M
$34M
Jun '21
$34M
-$1M
47.8%
-0.5%
—
$31M
$40M
Valuation over time
How the market has priced AIOT against its own fundamentals since 2024-07 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-sales ratio has fallen from 4.6× (Jul '24) to 1.1× (Jun '26).
Price / sales (P/S)
P/S
Frequently asked questions
Is AIOT growing its revenue and profit?
Over the past 5 years, Powerfleet, Inc.'s revenue has grown 28.6% per year. These are computed facts, not advice.
How much debt does AIOT have?
As of FY2026, Powerfleet, Inc. reported $287M of total debt against $36M of cash; operating income covered interest expense 0.7×.
What is AIOT's profit margin?
In FY2026, gross margin was 55.5%, operating margin 4.4%, and net margin -4.6%.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.