PowerFleet, Inc. (AIOT) quarterly income statement — complete revenue, gross profit & net income history
PowerFleet, Inc. (AIOT) annual income statement — 27-year revenue, gross profit & net income history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/Revenue | 110.79M | 114.49M | 113.49M | 111.68M | 104.12M | 103.64M | 106.43M | 77.02M | 75.43M | 34.17M | 34.55M | 77.02M | 75.43M | 32.84M | 33.87M | 34.29M | 34.59M | 33.16M | 34.42M | 29.25M |
| Revenue Growth % | 6.41% | 10.47% | 6.63% | 45% | 38.04% | 203.34% | 208.05% | 0% | 0% | 4.04% | 2.01% | 124.62% | 118.04% | -0.97% | -1.61% | 17.24% | 3.12% | 14.38% | 16.98% | 5.96% |
| Cost of Goods Sold | 49.63M | 49.83M | 50.8M | 49.09M | 47.64M | 48.88M | 47.65M | 35.67M | 35.78M | 19.88M | 17.17M | 35.67M | 35.78M | 16.22M | 16.69M | 17.11M | 18.36M | 18.76M | 19.02M | 14.98M |
| COGS % of Revenue | 44.8% | 43.52% | 44.76% | 43.96% | 45.75% | 47.16% | 44.77% | 46.32% | 47.44% | 58.18% | 49.7% | 46.32% | 47.44% | 49.4% | 49.27% | 49.89% | 53.08% | 56.58% | 55.25% | 51.22% |
| Gross Profit | 61.16M | 64.66M | 62.69M | 62.59M | 56.48M | 54.76M | 58.78M | 41.34M | 39.65M | 14.29M | 17.38M | 41.34M | 39.65M | 16.62M | 17.18M | 17.18M | 16.23M | 14.4M | 15.4M | 14.27M |
| Gross Margin % | 55.2% | 56.48% | 55.24% | 56.04% | 54.25% | 52.84% | 55.23% | 53.68% | 52.56% | 41.82% | 50.3% | 53.68% | 52.56% | 50.6% | 50.73% | 50.11% | 46.92% | 43.42% | 44.75% | 48.78% |
| Gross Profit Growth % | 8.29% | 18.08% | 6.64% | 51.39% | 42.46% | 283.31% | 238.28% | 0% | 0% | -14.03% | 1.13% | 140.63% | 144.29% | 15.41% | 11.56% | 20.44% | 1.15% | -0.49% | 4.18% | -6.9% |
| Operating Expenses | 60.89M | 53.64M | 56.34M | 58.34M | 58.52M | 61.74M | 60.03M | 40.77M | 57.88M | 32.94M | 21.25M | 40.77M | 57.88M | 18.69M | 17.61M | 19.32M | 18.54M | 18.14M | 18.91M | 16.35M |
| OpEx % of Revenue | 54.96% | 46.85% | 49.65% | 52.24% | 56.2% | 59.58% | 56.4% | 52.94% | 76.74% | 96.42% | 61.51% | 52.94% | 76.74% | 56.9% | 51.98% | 56.35% | 53.58% | 54.71% | 54.94% | 55.9% |
| Selling, General & Admin | 56.53M | 48.9M | 51.77M | 54.15M | 53.66M | 56.84M | 55.41M | 37.34M | 54.78M | 31.44M | 19.24M | 0 | 0 | 16.96M | 0 | 17.59M | 16.54M | 0 | 0 | 13.61M |
| SG&A % of Revenue | 51.02% | 42.71% | 45.62% | 48.49% | 51.54% | 54.84% | 52.06% | 48.48% | 72.63% | 92.03% | 55.69% | - | - | 51.65% | - | 51.29% | 47.8% | - | - | 46.55% |
| Research & Development | 4.36M | 4.74M | 4.57M | 4.19M | 4.86M | 4.9M | 4.62M | 3.44M | 3.1M | 1.5M | 2.01M | 3.44M | 3.1M | 1.72M | 1.51M | 1.74M | 2M | 3.23M | 2.8M | 2.73M |
| R&D % of Revenue | 3.94% | 4.14% | 4.03% | 3.76% | 4.66% | 4.73% | 4.34% | 4.46% | 4.11% | 4.38% | 5.82% | 4.46% | 4.11% | 5.25% | 4.45% | 5.06% | 5.78% | 9.74% | 8.13% | 9.35% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1000K | 1000K | 0 | 1000K | 0 | 0 | 1000K | 1000K | 0 |
| Operating Income | 270K | 11.03M | 6.35M | 4.24M | -2.04M | -6.98M | -1.24M | 573K | -18.23M | -18.66M | -3.87M | 573K | -18.23M | -2.07M | -423K | -2.14M | -2.31M | -3.74M | -3.51M | -2.08M |
| Operating Margin % | 0.24% | 9.63% | 5.59% | 3.8% | -1.96% | -6.73% | -1.17% | 0.74% | -24.17% | -54.6% | -11.21% | 0.74% | -24.17% | -6.3% | -1.25% | -6.24% | -6.67% | -11.28% | -10.19% | -7.13% |
| Operating Income Growth % | 113.24% | 257.95% | 610.54% | 640.66% | 88.82% | 62.58% | 67.91% | 0% | 0% | -802.08% | -815.6% | 126.78% | -690.42% | 44.74% | 87.94% | -2.69% | -993.36% | -98.73% | -3554.17% | -377.13% |
| EBITDA | 16.48M | 23.61M | 22.21M | 20.04M | 13.99M | 7.47M | 12.4M | 9.64M | -7.9M | -17.03M | -611K | 9.64M | -7.9M | 823K | 1.65M | 568K | 461K | -1.76M | -1.44M | 399K |
| EBITDA Margin % | 14.87% | 20.63% | 19.57% | 17.94% | 13.44% | 7.21% | 11.65% | 12.51% | -10.47% | -49.84% | -1.77% | 12.51% | -10.47% | 2.51% | 4.88% | 1.66% | 1.33% | -5.31% | -4.19% | 1.36% |
| EBITDA Growth % | 17.76% | 216.03% | 79.14% | 107.92% | 277.11% | 143.88% | 2129.46% | 0% | 0% | -2169.02% | -136.96% | 1596.65% | -1813.67% | 146.71% | 214.63% | 42.36% | -82.34% | -1244.16% | -170.55% | -85.4% |
| D&A (Non-Cash Add-back) | 16.21M | 12.59M | 15.87M | 15.79M | 16.03M | 14.45M | 13.64M | 9.06M | 10.34M | 1.63M | 3.26M | 9.06M | 10.34M | 2.89M | 2.08M | 2.71M | 2.77M | 1.98M | 2.07M | 2.48M |
| EBIT | 99K | 8.93M | 6.47M | 3.96M | -3.09M | -7.09M | -2.9M | 2.42M | -18.55M | -22.7M | -2.43M | 1.79M | -2.54M | 5.7M | -491K | -1.01M | -77K | -3.52M | -4.46M | -2.67M |
| Net Interest Income | -6.75M | -6.71M | -6.73M | -6.71M | -6.59M | -5.56M | -7.58M | -3.87M | -2.39M | -450K | -1.1M | -131K | -151K | -517K | -131K | -502K | -560K | 0 | -347K | -505K |
| Interest Income | 234K | 211K | 111K | 262K | 196K | 95K | 359K | 168K | 304K | 259K | 34K | 23K | 22K | 24K | 23K | 20K | 15K | 113K | 10K | 11K |
| Interest Expense | 6.98M | 6.92M | 6.84M | 6.98M | 6.79M | 5.66M | 7.94M | 4.04M | 2.69M | 709K | 1.14M | 154K | 173K | 541K | 154K | 522K | 575K | 113K | 357K | 516K |
| Other Income/Expense | -7.15M | -9.02M | -6.72M | -7.26M | -7.83M | -5.76M | -9.59M | -2.2M | -3.01M | -4.04M | 309K | -2.2M | -3.01M | 7.23M | -222K | 611K | 2.23M | 112K | -1.3M | -1.1M |
| Pretax Income | -6.88M | 2.01M | -373K | -3.02M | -9.87M | -12.74M | -10.84M | -1.63M | -21.25M | -22.7M | -3.56M | -1.63M | -21.25M | 5.16M | -645K | -1.53M | -77K | -3.63M | -4.81M | -3.19M |
| Pretax Margin % | -6.21% | 1.75% | -0.33% | -2.7% | -9.48% | -12.29% | -10.18% | -2.11% | -28.17% | -66.44% | -10.32% | -2.11% | -28.17% | 15.72% | -1.9% | -4.46% | -0.22% | -10.95% | -13.98% | -10.9% |
| Income Tax | 1.37M | 4.06M | 2.99M | 1.27M | 362K | -304K | 3.51M | 256K | 1.05M | 1.2M | -92K | 256K | 1.05M | 397K | 763K | 770K | 40K | -703K | 1.91M | 161K |
| Effective Tax Rate % | -19.94% | 202.59% | -801.88% | -42.13% | -3.67% | 2.39% | -32.42% | -15.73% | -4.96% | -5.28% | 2.58% | -15.73% | -4.96% | 7.69% | -118.29% | -50.36% | -51.95% | 19.37% | -39.6% | -5.05% |
| Net Income | -8.44M | -2.67M | -3.36M | -4.29M | -10.23M | -12.44M | -14.35M | -1.89M | -22.31M | -23.91M | -3.5M | -1.89M | -22.31M | 4.77M | -1.41M | -2.3M | -118K | -2.93M | -6.72M | -3.35M |
| Net Margin % | -7.62% | -2.33% | -2.96% | -3.84% | -9.83% | -12% | -13.48% | -2.45% | -29.58% | -69.97% | -10.14% | -2.45% | -29.58% | 14.52% | -4.15% | -6.71% | -0.34% | -8.83% | -19.52% | -11.44% |
| Net Income Growth % | 17.53% | 78.57% | 76.56% | -127.12% | 54.13% | 47.96% | -309.5% | 0% | 0% | -601.26% | -149.04% | 17.91% | -18808.47% | 262.88% | 79.06% | 31.24% | 91.79% | -63.85% | -184.1% | -466.95% |
| Net Income (Continuing) | -8.26M | -2.06M | -3.36M | -4.29M | -10.23M | -12.44M | -14.35M | -1.88M | -22.3M | -23.9M | -3.47M | -1.88M | -22.3M | 4.77M | -1.41M | -2.3M | -117K | -2.93M | -6.72M | -3.35M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 112K | 6.01M | 150K | 150K | 151K | 150K | 156K | 156K | 131K | 105K | 102K | 63K | 63K | 66K | 78K | 68K | 85K | 102K | 86K | 94K |
| EPS (Diluted) | -0.06 | -0.02 | -0.03 | -0.03 | -0.08 | -0.11 | -0.02 | -0.21 | -0.21 | -0.18 | -0.03 | -0.05 | -0.03 | 0.04 | -0.02 | -0.02 | -0.00 | -0.03 | -0.06 | -0.03 |
| EPS Growth % | 21.88% | 81.91% | -25.5% | 84.71% | 63.43% | 38.89% | 36.24% | -350% | -653.6% | -515.39% | -101.07% | -115.72% | - | 257% | 75.37% | 32.04% | 91.99% | -54.19% | -142.97% | - |
| EPS (Basic) | -0.06 | -0.02 | -0.03 | -0.03 | -0.08 | -0.11 | -0.02 | -0.21 | -0.21 | -0.18 | -0.03 | -0.05 | -0.03 | 0.04 | -0.02 | -0.02 | -0.00 | -0.03 | -0.06 | -0.03 |
| Diluted Shares Outstanding | 134.17M | 134.15M | 133.63M | 133.68M | 132.79M | 132.19M | 107.53M | 107.14M | 107.14M | 107.44M | 111.69M | 106.96M | 106.81M | 106.64M | 106.34M | 106.22M | 106.16M | 106M | 105.25M | 105.06M |
| Basic Shares Outstanding | 134.17M | 134.15M | 133.63M | 133.68M | 132.79M | 132.19M | 107.53M | 107.14M | 107.14M | 107.44M | 111.69M | 106.96M | 106.81M | 106.64M | 106.34M | 106.22M | 106.16M | 103.1M | 105.25M | 105.06M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |