Powerfleet, Inc.(AIOT)— Stock Profile, AI Score & Financials
Technology · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
Powerfleet, Inc. (AIOT) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores AIOT at 42.5/100 on a 32-signal composite quality model, placing it at rank #2,014 of 2,961 stocks — the bottom half of the AI-ranked universe. AIOT scores in the top quartile across revenue growth (93.3). Areas of concern include institutional flow (15.3) and free cash flow (21.0), which score below median versus the broader universe. Shareholder dilution risk is elevated at 43.1/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Powerfleet, Inc. reports quarterly revenue of $110.8M, net income of $-8.4M, an operating margin of 0.2%. Top institutional holders of AIOT by reported 13-F value include BlackRock, Private Capital Management, DISCIPLINED GROWTH INVESTORS, based on the most recent SEC filings. AIOT trades on the Nasdaq exchange and files with the SEC under CIK 1774170. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate AIOT daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Powerfleet, Inc. directly from SEC EDGAR.
AI Quality Score
42.5/100
AI Rank
#2,014
Revenue
$110.8M
Net Income
$-8.4M
Free Cash Flow
$3.6M
Operating Margin
0.2%
AIOT key financials by period
Powerfleet, Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2023
10-KT
$133.7M
$-5.7M
-9.4%
FY 2022
10-KT
$135.9M
$-6.8M
-5.1%
FY 2021
10-KT
$126.0M
$-12.8M
-6.5%
FY 2020
10-K
$113.6M
$-9.0M
-3.0%
FY 2019
10-K/A
$81.9M
$-11.0M
-11.9%
FY 2018
10-K
$53.1M
—
-10.8%
Institutions holding AIOT
Institutional investors reporting a position in Powerfleet, Inc. on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-10 — Q1 FY2027 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Powerfleet Q1 revenue grew 6.4% YoY to $110.8M, driven by services up 9.1%, but net loss narrowed only modestly to $(8.4)M amid firmware delays in one product line.
Biggest Revenue Drivers
Services$94.3M+9.1% YoY
Driven primarily by Unity safety and AI video solutions; comprises 85.1% of total revenues.
Products$16.5M-6.7% YoY
Decrease reflected timing of late-quarter shipments and deferral of certain customer orders arising from production delays due to firmware compatibility issues with new components.
Biggest Revenue Drivers
Total revenue: $110.8M+6.4% YoY
Services$94.3M+9.1% YoY
Driven primarily by Unity safety and AI video solutions; comprises 85.1% of total revenues.
Products$16.5M-6.7% YoY
Decrease reflected timing of late-quarter shipments and deferral of certain customer orders arising from production delays due to firmware compatibility issues with new components.
Largest Expense Items
Selling, general and administrative expenses$56.5M+5.3% YoY
Higher investments in go-to-market initiatives and sales/marketing costs, partially offset by lower acquisition-related and restructuring charges.
Cost of services$36.7M+6.5% YoY
Higher costs associated with services revenue growth; includes $6.1M amortization of acquisition intangibles.
Cost of products$13.0M-2.0% YoY
Decrease reflects lower product revenues, though negatively impacted by unfavorable shift in product mix.
Research and development expenses$4.4M-10.2% YoY
Decrease due to increased R&D costs capitalized as greater portion of employee hours devoted to projects qualifying for capitalization.
Margins: Gross profit margin improved to 55.2% from 54.2% YoY, primarily driven by higher-margin services revenue comprising 85.1% of total revenues, though product gross margin declined to 21.3% from 25.1% due to unfavorable product mix shifts.
Watch Items from the Filing
Production delays in one product line caused firmware compatibility issues with new components, deferring customer orders in Q1; company expects resolution by Q2 FY2027 end but provides no assurance on timing.
RMB General Facility of $18.1M was repayable on demand as of June 30, 2026, but RMB has indicated no intent to demand repayment; company negotiating replacement facility post-quarter-end.
No single customer represented more than 10% of total revenues or accounts receivable as of June 30, 2026.
Company in compliance with all debt covenants as of June 30, 2026; RMB facilities contain equity cure provisions allowing up to three uses over facility life to remedy covenant breaches.
Redeemable non-controlling interest of $6.2M related to RTS Acquisition put option exercisable within six months following fifth anniversary (February 2031); settlement in cash or shares depending on conditions.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
