AIOT · XBRL financial data

Powerfleet financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (AIOT's year ends in late March)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023†Dec 31, 2023	FY 2024Mar 31, 2024	FY 2025Mar 31, 2025	FY 2026Mar 31, 2026
Revenue from contracts with customers	126,208	135,157	133,736	—	362,515	443,777
Cost of goods and services sold	66,025	70,986	66,660	—	167,978	197,355
Gross profit	60,183	64,171	67,076	—	194,537	246,422
Research and development	11,058	8,964	8,380	—	16,061	18,359
Selling, general and administrative	57,100	63,001	71,253	—	204,361	208,487
Total operating expenses	68,158	71,965	79,633	—	220,422	226,846
Operating income (loss)	(7,975)	(7,794)	(12,557)	—	(25,885)	19,576
Interest income	45	71	103	—	926	780
Interest expense	2,764	(994)	1,602	—	20,330	27,526
Other income (expense)	8	24	(29)	—	(1,163)	(4,086)
Income tax expense (benefit)	2,607	296	589	—	4,517	8,688
Net income (loss)	(13,288)	(7,003)	(5,675)	—	(50,987)	(20,552)
Earnings per share, basic USD per share	(0.52)	(0.34)	(0.49)	—	(0.43)	(0.15)
Earnings per share, diluted USD per share	(0.64)	(0.49)	(0.49)	—	(0.43)	(0.15)
Weighted average shares, basic thousands of shares	34,571	35,393	36	—	119,877	133,761
Weighted average shares, diluted thousands of shares	35	35,628	36	—	119,877	133,761

† Share count changed about 3x in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (AIOT's year ends in late March)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023†Dec 31, 2023	FY 2024Mar 31, 2024	FY 2025Mar 31, 2025	FY 2026Mar 31, 2026
Cash and cash equivalents	26,452	17,680	19,022	24,354	44,392	36,496
Accounts receivable	32,094	32,493	32,440	30,333	78,623	93,820
Inventory	18,243	22,272	22,602	21,658	18,350	22,448
Prepaid and other current assets	9,051	7,709	7,568	8,091	23,319	22,094
Total current assets	87,910	81,225	82,025	169,788	169,080	179,180
Property and equipment, net	8,988	9,249	12,383	12,719	58,011	62,398
Right-of-use asset	9,787	7,820	6,195	7,428	12,339	15,893
Goodwill	83,487	83,487	83,487	83,487	383,146	411,995
Total assets	229,867	217,435	217,746	308,680	910,071	955,565
Accounts payable	17,748	14,751	19,235	20,025	41,599	46,353
Current portion of long-term debt	6,114	4,603	11,061	1,951	4,844	6,283
Total current liabilities	44,288	45,714	58,556	43,590	151,009	157,952
Long-term debt	18,110	11,403	—	113,810	232,160	229,669
Lease liability, non-current	7,368	5,628	4,908	5,921	8,191	13,505
Total liabilities	85,007	77,055	79,825	179,771	463,329	473,950
Accumulated deficit	(134,437)	(141,440)	(146,281)	(154,796)	(205,783)	(226,335)
Total stockholders' equity	92,111	82,737	57,542	38,531	446,592	475,494
Total liabilities and equity	229,867	217,435	217,746	308,680	910,071	955,565
Common shares outstanding (cover page) thousands of shares	35,967	36,170	107,350	107,578	133,371	134,181

† Share count changed about 3x in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (AIOT's year ends in late March)

In thousands of dollars	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023†Dec 31, 2023	FY 2024Mar 31, 2024	FY 2025Mar 31, 2025	FY 2026Mar 31, 2026
Net income (loss)	(13,288)	(7,003)	(5,675)	—	(50,987)	(20,552)
Stock-based compensation	4,676	4,343	3,908	—	9,362	7,541
Depreciation and amortization	8,553	8,262	9,445	—	47,494	60,280
Net cash from operating activities	(5,019)	757	4,397	—	(3,345)	30,461
Purchases of property and equipment	—	4,011	3,464	—	20,008	21,618
Net cash from investing activities	(3,398)	(5,838)	1,529	—	(170,596)	(39,748)
Proceeds from issuing common stock	26,867	—	—	—	—	—
Share repurchases	—	211	141	—	2,836	0
Proceeds from long-term debt	—	0	0	—	125,000	0
Repayments of long-term debt	5,709	5,659	4,408	—	2,642	5,604
Net cash from financing activities	16,211	(282)	(3,706)	—	115,722	151
Net change in cash	8,325	(8,771)	1,343	—	(60,876)	(7,970)

† Share count changed about 3x in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 3669 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3669 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Powerfleet	32,824	110,793	8,443	134.2M	—	Q1 FY27 10-QJun 30, 2026
Harmonic	231,862	133,462	(57,950)*	109.1M	4.0 quarters	Q2 FY25 10-QJul 3, 2026
BlackSky Technology	36,897	33,316	(3,525)*	40.9M	66.4 quarters	Q2 FY26 10-QJun 30, 2026
ADTRAN Holdings	79,236	281,146	25,915*	81.5M	—	Q2 FY26 10-QJun 30, 2026
Ondas	657,906	83,772	(86,081)*	570.6M	16.1 quarters	Q2 FY26 10-QJun 30, 2026
Clearfield	20,449	43,864	not reported	13.6M	—	Q3 FY26 10-QJun 30, 2026
Napco Security Technologies	123,882	49,980	2,750	35.8M	—	Q1 FY27 10-QSep 30, 2026
Planet Labs PBC	415,130	116,052	52,948*	not reported	—	Q2 FY27 10-QJul 31, 2026
Aviat Networks	72,844	not reported	3,086*	12.8M	—	Q4 FY26 10-KJul 3, 2026

Not investment advice. Not affiliated with the U.S. SEC.