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AIOT US​

Powerfleet, Inc.(AIOT US)

$2.66+0.041.53%Ext:$2.64-0.030.94%(Market Closed · 23:43:45 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Powerfleet, Inc. — Company Profile

Operating across the United States, Israel, and other international markets, PowerFleet, Inc. specializes in wireless Internet-of-Things (IoT) solutions designed for asset management. The company's technology gathers real-time Internet-of-Things (IoT) data from a wide range of assets using specialized devices and sensors. This allows organizations to gain immediate insights, leading to improved operational efficiencies, enhanced safety and security protocols, and ultimately, increased profitability. These insights are delivered through user-friendly reports, intuitive dashboards, and instant alerts. Furthermore, PowerFleet provides application programming interfaces (APIs) to facilitate seamless integration with existing enterprise management systems and third-party applications. In addition to its core offerings, PowerFleet extends its services to include hosting, ongoing maintenance, comprehensive support, and strategic consulting. It also offers a Software-as-a-Service (SaaS) model, encompassing system monitoring, technical help desk assistance, development of escalation procedures, regular diagnostic data analysis, and timely software updates. Its diverse product portfolio is marketed under the PowerFleet, Pointer, and Cellocator brand names. PowerFleet caters to a broad clientele, serving both commercial enterprises and government entities across numerous sectors. These include general and automotive manufacturing, wholesale and retail, food and grocery distribution, pharmaceutical and medical distribution, construction, mining, utilities, heavy industry, aerospace and defense, homeland security, and various segments of the transportation industry, such as vehicle rental, logistics, shipping, and freight. The company utilizes both direct sales approaches and indirect channels, partnering with original equipment manufacturers (OEMs), vehicle importers, distributors, and industrial equipment dealers. Established in 1993, the company, formerly known as I.D. Systems, Inc., maintains its corporate headquarters in Woodcliff Lake, New Jersey.

Sector
Industrials
Industry
Electrical Equipment
Exchange
UQ
CEO
Steve Towe
Headquarters
Woodcliff Lake, NJ, US
IPO Date
Jun 30, 1999
Employees
2,658
Website
www.powerfleet.com

Key Metrics

Price
$2.81
Market Cap
$377.17M
Revenue (TTM)
$443.78M
Net Income (TTM)
$-20552000.00
EPS (TTM)
-0.15
P/E (TTM)
-18.35
P/B (TTM)
0.79
Dividend Yield
0.00%
ROE (TTM)
-4.32%
ROA (TTM)
-2.15%
Operating Margin
4.41%
Beta
2.34

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Operating across the United States, Israel, and other international markets, PowerFleet, Inc. specializes in wireless Internet-of-Things (IoT) solutions designed for asset management. The company's technology gathers real-time Internet-of-Things (IoT) data from a wide range of assets using specialized devices and sensors. This allows organizations to gain immediate insights, leading to improved operational efficiencies, enhanced safety and security protocols, and ultimately, increased profitability. These insights are delivered through user-friendly reports, intuitive dashboards, and instant alerts. Furthermore, PowerFleet provides application programming interfaces (APIs) to facilitate seamless integration with existing enterprise management systems and third-party applications. In addition to its core offerings, PowerFleet extends its services to include hosting, ongoing maintenance, comprehensive support, and strategic consulting. It also offers a Software-as-a-Service (SaaS) model, encompassing system monitoring, technical help desk assistance, development of escalation procedures, regular diagnostic data analysis, and timely software updates. Its diverse product portfolio is marketed under the PowerFleet, Pointer, and Cellocator brand names. PowerFleet caters to a broad clientele, serving both commercial enterprises and government entities across numerous sectors. These include general and automotive manufacturing, wholesale and retail, food and grocery distribution, pharmaceutical and medical distribution, construction, mining, utilities, heavy industry, aerospace and defense, homeland security, and various segments of the transportation industry, such as vehicle rental, logistics, shipping, and freight. The company utilizes both direct sales approaches and indirect channels, partnering with original equipment manufacturers (OEMs), vehicle importers, distributors, and industrial equipment dealers. Established in 1993, the company, formerly known as I.D. Systems, Inc., maintains its corporate headquarters in Woodcliff Lake, New Jersey.

Website
www.powerfleet.com
Location
Woodcliff Lake, NJ, US
Phone201 996 9000
Employees2,658
CEOSteve Towe
Sector
Industrials
Industry
Electrical Equipment
IPO DateJun 30, 1999

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Latest Documents

SEC Filings(429)

Expand
  • S-8Registration statement (employee benefit plan)28 Sep
  • 4Statement of changes in beneficial ownership18 Sep
  • 4Statement of changes in beneficial ownership18 Sep
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers16 Sep
  • 4Statement of changes in beneficial ownership17 Aug
  • SC 13G/APowerfleet, Inc.14 Aug
  • 4Statement of changes in beneficial ownership11 Aug
  • 3Initial statement of beneficial ownership11 Aug
  • 8-KEntry into a Material Definitive Agreement11 Aug
  • 10-QQ1ended 30 Jun 202610 Aug
  • 8-KResults of Operations and Financial Condition10 Aug
  • 4Statement of changes in beneficial ownership29 Jul
  • 4Statement of changes in beneficial ownership29 Jul
  • 4Statement of changes in beneficial ownership29 Jul
  • ARSAnnual report to security holders29 Jul
  • DEFA14ADefinitive additional materials29 Jul
  • DEF 14ADefinitive proxy statement29 Jul
  • 3Initial statement of beneficial ownership27 Jul
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers21 Jul
  • 8-KOther Events30 Jun

News

  • Powerfleet Named AIoT Fleet Management Software Company of the Year 2026 by Transportation Outlook15 Oct
  • Reviewing Cadence Design Systems (NASDAQ:CDNS) and PowerFleet (NASDAQ:AIOT)13 Oct
  • Leading Glassmaker Encirc Selects Powerfleet's Unity Portfolio to Optimize On-site Safety Across its UK Manufacturing Enterprise8 Oct
  • Powerfleet Unity Recognized for End-to-End AIoT Innovation Across Enterprise Operations30 Sep
  • PowerFleet, Inc. (NASDAQ:AIOT) Stock Now Rated “Hold” by Wall Street Analysts25 Sep
  • D.H. Griffin Automates Operational Compliance with Powerfleet Unity's AI-Powered Connected Intelligence22 Sep
  • Powerfleet to Attend the 19th Annual Barrington Research Virtual Fall Investment Conference18 Sep
  • Powerfleet to Attend the 19th Annual Barrington Research Virtual Fall Investment Conference18 Sep
  • Powerfleet: The Discount Leaves Room For An Imperfect Recovery18 Sep
  • Acorn vs. Powerfleet: Which IoT Stock Is the Smarter Buy Right Now?2 Sep
  • Powerfleet, Inc. (AIOT) Q1 2027 Earnings Call Transcript10 Aug
  • PowerFleet (AIOT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates10 Aug
  • PowerFleet Q1 Earnings Call Highlights10 Aug
  • Powerfleet Reports Results for First Quarter Fiscal 202710 Aug
  • Dimensional Fund Advisors LP Grows Stock Position in PowerFleet, Inc. $AIOT9 Aug
  • Unveiling PowerFleet (AIOT) Q2 Outlook: Wall Street Estimates for Key Metrics6 Aug
  • Powerfleet Sets First Quarter Fiscal 2027 Conference Call for Monday, August 10, 2026, at 8:30 a.m. ET27 Jul

Mentions in Filings

  • #Power Integrations, Inc. 158,510 7,281,949 \*<strong>Powerfleet</strong>, Inc. 395,315 2,020,060 \*Progress Software Corp. 157,202 6,432,706 \*Q2 Holdings, Inc. 116,530 7,137,462 \*Qorvo, Inc. 233,757 18,258,759 \*Qualys, Inc. 100,707 13,283,253
    Dimensional ETF TrustPowerfleet, Inc.·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … S Sovereign AI Accelerator ushered in a new wave of Canadian innovation by accelerating the go-to-market strategies and investment readiness of select businesses. ● In May 2026, we announced a strategic partnership with <strong>Powerfleet</strong>, a global leader in artificial-intelligence-of-things software-as-a-service (AIoT SaaS) solutions, to bring advanced AI-driven vehicle safety technology to the Canadian market. The Vision 360 solution uses AI and multip …
    TELUS CORPPowerfleet, Inc.·EX-99.2 - 6-K - EXHIBIT-99.2·Q2 26·31 Jul
  • … isions to remove Broadwind, Inc., Iteris, Inc., Twin Disc, Inc. and Ultralife Corporation because they no longer fit within the selection criteria described above and to add Aspen Aerogels, Inc., Plug Power Inc., and <strong>Powerfleet, Inc.</strong> The Compensation Committee utilized the peer group to provide context for its compensation decision-making. The compensation paid by peer group companies to their respective executive officers does not factor into th …
    AMERICAN SUPERCONDUCTOR CORP /DE/Powerfleet, Inc.·DEF 14A - Definitive proxy statement·Q2 27·18 Jun
  • … gs | Applied Optoelectronics | Arlo Technologies | | Bel Fuse | Clearfield | Climb Global Solutions | | Comtech Telecommunications Corp. | Daktronics | Digi International | | EACO | Harmonic, Inc. | NETGEAR | | nLIGHT | <strong>PowerFleet</strong> | Ribbon Communications | | Richardson Electronics | Vishay Precision Group | Xperi | Each year, the Compensation Committee with the compensation consultant reviews the appropriateness of the comparison group used for …
    AVIAT NETWORKS, INC.Powerfleet, Inc.·DEF 14A - Definitive proxy statement·Q1 27·2 Oct
  • … onics, Inc. | Napco Security Technologies, Inc. | | BK Technologies Corporation | Identiv, Inc. | One Stop Systems, Inc. | | Cantaloupe, Inc. | Inseego Corp. | Ooma, Inc. | | Clearfield, Inc. | KVH Industries, Inc. | <strong>PowerFleet, Inc.</strong> | | Digi International Inc. | LightPath Technologies, Inc. | Smith Micro Software, Inc. | In selecting the peer group for fiscal 2027, the Compensation Committee considered public companies with a thematic fit with …
    LANTRONIX INCPowerfleet, Inc.·DEF 14A - Definitive proxy statement·Q2 27·22 Sep
  • … gs | Applied Optoelectronics | Arlo Technologies | | Bel Fuse | Clearfield | Climb Global Solutions | | Comtech Telecommunications Corp. | Daktronics | Digi International | | EACO | Harmonic, Inc. | NETGEAR | | nLIGHT | <strong>PowerFleet</strong> | Ribbon Communications | | Richardson Electronics | Vishay Precision Group | Xperi | Each year, the Compensation Committee with the compensation consultant reviews the appropriateness of the comparison group used for …
    AVIAT NETWORKS, INC.Powerfleet, Inc.·PRE 14A - Preliminary proxy statement·Q1 27·16 Sep

Key Stats

Trading

Px/Chg 1D$2.81 / +0.36%
Prev Close$3.02
% of 52Wk H50.34%
Avg Volume1.67M
Beta2.34
Mkt Cap377.17M
FD Mkt Cap397.31M

Float

Shrs Out/Float134.23M / 124.87M
Short Float0.10%
Days to Cover6.91
Stock Repurchased$0.00

Current Valuation

EV413.93M
EV/EBITDA6.12
EV/Sales0.93
P/B0.79
P/S0.85
FCF Yield1.31%
ROE-4.32%
ROA-2.15%
Current Ratio1.13

Estimates

P/E-18.35
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgAug '24Aug '25Oct '26
PRICE-BASED RATIOS
Price / Earnings-59.85-3.42-35.65-140.47
Price / Sales2.850.484.813.27
Price / Book Value1.101.351.150.79
Price / Free Cash Flow20.62-64.6250.4576.04
ENTERPRISE VALUE METRICS
Enterprise Value508.3363.7750.0411.2
Enterprise Value / Sales3.881.007.053.59
Enterprise Value / EBITDA26.146.4039.3432.67
Enterprise Value / EBIT54.1924.18138.400.00

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Mar '25Mar '26
INCOME STATEMENT
Revenue37%126.0135.2362.5362.5443.8
Gross Income42.5%59.864.2194.5194.5246.4
EBITDA243.3%0.47.856.856.860.3
EBIT—-8.1-3.215.015.0-
Net Income12.6%-12.8-7.0-51.0-51.0-20.6
EPS (Diluted)-30.4%-0.64-0.07-1.09-0.43-0.15
BALANCE SHEET
Cash & ST Inv8.4%26.524.824.448.836.5
Total Assets42.8%229.9222.9308.7910.1955.6
Total Liabilities53.7%85.075.5179.8463.3474.0
Total Shareholder Equity34.6%144.8147.3128.8446.6475.5
CASH FLOW
Net Operating Cash Flow—-5.41.24.4-3.330.5
Cap Ex63.5%-3.0-6.2-7.1-33.8-21.6
Free Cash Flow—-8.4-5.0-2.7-37.18.8

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)2.70
Basic Shares134.23
Market Cap361.7
Diluted Shares133.76
Fully Diluted Shares Outstanding133.76
Fully Diluted Market Cap360.5
+Consolidated Debt67.2
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-36.5
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest6.0
+Pension Liabilities—
Enterprise Value398.5

Segment data

Revenue

by Products and services

  • Service81%
  • Product19%

Revenue

by Geography

  • United States36%
  • Africa25%
  • Israel13%
  • Europe And Middle East12%
  • Australia10%

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