PowerFleet, Inc. (AIOT) — Financial statements
Income statement, balance sheet, and cash flow for PowerFleet, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 444↑22.4% | 363↑0.0% | 363↑168.2% | 135↑7.3% | 126 | |
| Cost of Revenue | 197↑17.5% | 168↑0.0% | 168↑136.6% | 71↑7.2% | 66 | |
| Gross Profit | 246↑26.7% | 195↑0.0% | 195↑203.2% | 64↑7.4% | 60 | |
| Operating Expenses | ||||||
| R&D Expenses | 18↑14.3% | 16↑0.0% | 16↑79.2% | 9↓21.6% | 11 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 208↑2.0% | 204↑139.4% | 85↑37.3% | 62↑10.0% | 56 | |
| Other Expenses | 0.00 | 0.00↓100.0% | 119 | 0.00 | 0.00 | |
| Operating Expenses | 227↑2.9% | 220↑0.0% | 220↑209.9% | 71↑4.7% | 68 | |
| Total Costs & Expenses | 424↑9.2% | 388↑0.0% | 388↑173.3% | 142↑5.9% | 134 | |
| Operating Results | ||||||
| Operating Income | 20↑175.6% | -26↑0.0% | -26↓272.6% | -7↑15.0% | -8 | |
| Depreciation & Amortization | 0.00↓100.0% | 42↑0.0% | 42↑279.0% | 11↑28.8% | 9 | |
| EBITDA | 20↓65.5% | 57↑0.0% | 57↑625.8% | 8↑1703.2% | 0.43 | |
| EBIT | 0.00↓100.0% | 15↑0.0% | 15↑571.3% | -3↑60.7% | -8 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.00↑100.0% | -19↓1194.5% | -1↑7.7% | -2↑40.3% | -3 | |
| Interest Income | 0.78↓15.8% | 0.93↑799.0% | 0.10↑45.1% | 0.07↑57.8% | 0.05 | |
| Interest Expense | -28↓235.4% | 20↑1169.0% | 2↓5.5% | 2↓38.7% | 3 | |
| Non-Operating Income | 0.00↑100.0% | -41↑0.0% | -41↓990.0% | -4↓6984.9% | -0.05 | |
| Other Income / Expenses | -31↓49.9% | -21↑0.0% | -21↓8598.8% | 0.24↑108.9% | -3 | |
| Income Before Tax | -11↑75.8% | -46↑0.0% | -46↓592.8% | -7↑38.4% | -11 | |
| Income Tax Expense | -9↓292.3% | 5↑0.0% | 5↑1426.0% | 0.30↓84.3% | 2 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -21↑59.7% | -51↑0.0% | -51↓628.0% | -7↑45.2% | -13 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -21↑59.7% | -51↑0.0% | -51↓628.1% | -7↑45.1% | -13 | |
| Bottom-Line Net Income | -21↑59.7% | -51↑0.0% | -51↓328.5% | -12↑46.1% | -22 | |
| EPS (Basic) | -0.15↑65.1% | -0.43↑60.6% | -1.09↓1534.2% | -0.07↑89.6% | -0.64 | |
| EPS (Diluted) | -0.15↑65.1% | -0.43↑60.6% | -1.09↓1534.2% | -0.07↑89.6% | -0.64 | |
| Weighted Average Shares | 134↑11.6% | 120↑236.5% | 36↓66.4% | 106↑207.1% | 35 | |
| Weighted Average Diluted Shares | 134↑11.6% | 120↑236.5% | 36↓66.4% | 106↑207.1% | 35 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.