Powerfleet, Inc.

AIOT · Micro cap · Calculated market cap · $586.4M · as of 2026-07-03 · 5 articles

Financial highlights

Metric	FY 03/31/26	FY 03/31/25	FY 03/31/24	FY 12/31/23	FY 09/30/23
Income Statement
Revenue	$443.8M	$362.5M	—	$133.7M	—
Cost of revenue	$197.4M	$168.0M	—	$66.7M	—
Gross profit	$246.4M	$194.5M	—	$67.1M	—
Selling, general & administrative	$208.5M	$204.4M	—	$71.3M	—
Research and development	$18.4M	$16.1M	—	$8.4M	—
Operating expenses	$226.8M	$220.4M	—	$79.6M	—
Operating income	$19.6M	-$25.9M	—	-$12.6M	—
Interest expense	$27.5M	$20.3M	—	$1.6M	—
Pretax income	-$11.3M	-$46.5M	—	-$5.1M	—
Income tax expense	$8.7M	$4.5M	—	$589,000	—
Net income	-$20.6M	-$51.0M	—	-$5.7M	—
Balance Sheet
Cash and equivalents	$36.5M	$44.4M	$24.4M	$19.0M	$19.3M
Current assets	$179.2M	$169.1M	$169.8M	$82.0M	$83.4M
Total assets	$955.6M	$910.1M	$308.7M	$217.7M	$216.8M
Current liabilities	$158.0M	$151.0M	$43.6M	$58.6M	$47.0M
Total liabilities	$473.9M	$463.3M	$179.8M	$79.8M	$76.7M
Stockholders' equity	$475.5M	$446.6M	$38.5M	$57.5M	$61.6M
Cash Flow Statement
Cash from operations	$30.5M	-$3.3M	—	$4.4M	—
Depreciation and amortization	$60.3M	$47.5M	—	$9.4M	—
Stock-based compensation	$7.5M	$9.4M	—	$3.9M	—
Capital expenditure	$21.6M	$20.0M	—	$3.5M	—
Free cash flow	$8.8M	-$23.4M	—	$933,000	—
Share repurchases	$0	$2.8M	—	$141,000	—

Shares outstanding 134.1M · Free float 83.5%

Annual filing data through FY ended March 31, 2026; float as of August 4, 2026.