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Powerfleet, Inc. (AIOT) Stock Fundamental Analysis & AI Rating 2026

AIOT Nasdaq Communications Equipment, NEC DE CIK: 0001774170
Updated This Month • Analysis: Mar 19, 2026 • SEC Data: 2025-12-31
Combined AI Rating
HOLD
69% Confidence
STRONG AGREEMENT
HOLD
62% Conf
HOLD
76% Conf

📊 AIOT Key Takeaways

Revenue: $329.3M
Net Margin: -5.4%
Free Cash Flow: $2.7M
Current Ratio: 1.09x
Debt/Equity: 0.49x
EPS: $-0.13
AI Rating: HOLD with 62% confidence
Powerfleet, Inc. (AIOT) receives a HOLD rating with 69% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $329.3M, net profit margin of -5.4%, and return on equity (ROE) of -3.7%, Powerfleet, Inc. demonstrates mixed fundamentals in the Telecom sector. Below is our complete AIOT stock analysis for 2026.

Is Powerfleet, Inc. (AIOT) a Good Investment?

Claude

Powerfleet demonstrates exceptional revenue growth of 171.1% YoY with a healthy 55.2% gross margin, indicating strong market demand and operational scalability. However, the company faces profitability challenges with negative net income of -17.9M and concerning cash conversion metrics (FCF margin of 0.8%), suggesting operational expenses are outpacing revenue gains despite significant top-line expansion.

ChatGPT

Powerfleet shows impressive top-line expansion and healthy gross margins, indicating solid demand and a potentially attractive product mix. However, the business is still only marginally profitable at the operating level, remains net-loss making, and converts very little of revenue into free cash flow, which limits the quality of that growth. The balance sheet is not distressed, but tight liquidity and moderate leverage leave limited room for execution misses.

Why Buy Powerfleet, Inc. Stock? AIOT Key Strengths

Claude
  • + Exceptional revenue growth of 171.1% YoY demonstrates strong market demand and successful commercial execution
  • + Healthy gross margin of 55.2% indicates good pricing power and efficient manufacturing or service delivery
  • + Positive operating cash flow of 20.5M with manageable leverage ratio of 0.49x provides financial flexibility
  • + Moderate debt burden with 3.1x interest coverage ratio suggests adequate ability to service obligations
ChatGPT
  • + Revenue growth of 171.1% YoY indicates strong scale expansion
  • + Gross margin of 55.2% suggests good underlying unit economics
  • + Positive operating cash flow and positive free cash flow show the business is not purely cash-burning

AIOT Stock Risks: Powerfleet, Inc. Investment Risks

Claude
  • ! Negative net income of -17.9M despite 329.3M revenue indicates significant operating expense challenges and poor profit conversion
  • ! Critically low free cash flow margin of 0.8% suggests minimal cash generation relative to revenue, limiting reinvestment and shareholder returns
  • ! Tight liquidity position with current ratio of 1.09x and quick ratio of 0.96x leaves limited cushion for operational disruptions
  • ! Operating margin of only 2.6% on substantial revenue base indicates operational leverage is not materializing as expected
ChatGPT
  • ! Net margin remains negative at -5.4%, showing the company has not achieved durable bottom-line profitability
  • ! Operating margin of 2.6% and interest coverage of 3.1x leave limited cushion if costs rise or growth slows
  • ! Current ratio of 1.09x and quick ratio of 0.96x point to tight near-term liquidity

Key Metrics to Watch

Claude
  • * Operating margin trajectory - critical to monitor if company can achieve profitability as revenue scales
  • * Free cash flow conversion - FCF margin must improve significantly to validate business model sustainability
  • * Current ratio trend - liquidity metrics need strengthening to reduce financial vulnerability
  • * Operating expense ratio - must demonstrate expense discipline and operational leverage from revenue growth
ChatGPT
  • * Operating margin and net income trend
  • * Free cash flow generation relative to revenue growth

Powerfleet, Inc. (AIOT) Financial Metrics & Key Ratios

Revenue
$329.3M
Net Income
$-17.9M
EPS (Diluted)
$-0.13
Free Cash Flow
$2.7M
Total Assets
$959.5M
Cash Position
$31.2M

💡 AI Analyst Insight

The relatively thin 0.8% FCF margin may limit capital allocation flexibility.

AIOT Profit Margin, ROE & Profitability Analysis

Gross Margin 55.2%
Operating Margin 2.6%
Net Margin -5.4%
ROE -3.7%
ROA -1.9%
FCF Margin 0.8%

AIOT vs Telecom Sector: How Powerfleet, Inc. Compares

How Powerfleet, Inc. compares to Telecom sector averages

Net Margin
AIOT -5.4%
vs
Sector Avg 14.0%
AIOT Sector
ROE
AIOT -3.7%
vs
Sector Avg 15.0%
AIOT Sector
Current Ratio
AIOT 1.1x
vs
Sector Avg 1.0x
AIOT Sector
Debt/Equity
AIOT 0.5x
vs
Sector Avg 1.2x
AIOT Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Powerfleet, Inc. Stock Overvalued? AIOT Valuation Analysis 2026

Based on fundamental analysis, Powerfleet, Inc. has mixed fundamental signals relative to the Telecom sector in 2026.

Return on Equity
-3.7%
Sector avg: 15%
Net Profit Margin
-5.4%
Sector avg: 14%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.49x
Sector avg: 1.2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Powerfleet, Inc. Balance Sheet: AIOT Debt, Cash & Liquidity

Current Ratio
1.09x
Quick Ratio
0.96x
Debt/Equity
0.49x
Debt/Assets
49.4%
Interest Coverage
3.09x
Long-term Debt
$237.8M

AIOT Revenue & Earnings Growth: 5-Year Financial Trend

AIOT 5-year financial data: Year 2020: Revenue $113.6M, Net Income N/A, EPS N/A. Year 2021: Revenue $126.2M, Net Income -$11.0M, EPS N/A. Year 2022: Revenue $135.2M, Net Income -$9.0M, EPS N/A. Year 2023: Revenue $135.9M, Net Income -$12.8M, EPS $-0.64. Year 2025: Revenue $362.5M, Net Income -$6.8M, EPS $-0.48.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Powerfleet, Inc.'s revenue has grown significantly by 219% over the 5-year period, indicating strong business expansion. The most recent EPS of $-0.48 indicates the company is currently unprofitable.

AIOT Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
0.8%
Free cash flow / Revenue

AIOT Quarterly Earnings & Performance

Quarterly financial performance data for Powerfleet, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2026 $106.4M -$1.9M $-0.03
Q2 2026 $77.0M -$1.9M $-0.02
Q1 2026 $75.4M -$10.2M $-0.08
Q3 2025 $34.6M -$3.5M $-0.11
Q2 2025 $34.2M -$1.9M $-0.02
Q1 2025 $32.1M -$3.3M $-0.17
Q3 2023 $34.2M -$1.9M $-0.10
Q2 2023 $32.1M -$118.0K $0.01

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Powerfleet, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$20.5M
Cash generated from operations
Capital Expenditures
$17.7M
Investment in assets
Dividends
None
No dividend program

AIOT SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Powerfleet, Inc. (CIK: 0001774170)

📋 Recent SEC Filings

Date Form Document Action
Feb 27, 2026 4 xslF345X05/ownership.xml View →
Feb 27, 2026 4 xslF345X05/ownership.xml View →
Feb 27, 2026 4 xslF345X05/ownership.xml View →
Feb 27, 2026 4 xslF345X05/ownership.xml View →
Feb 27, 2026 4 xslF345X05/ownership.xml View →

Frequently Asked Questions about AIOT

What is the AI rating for AIOT?

Powerfleet, Inc. (AIOT) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 69% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AIOT's key strengths?

Claude: Exceptional revenue growth of 171.1% YoY demonstrates strong market demand and successful commercial execution. Healthy gross margin of 55.2% indicates good pricing power and efficient manufacturing or service delivery. ChatGPT: Revenue growth of 171.1% YoY indicates strong scale expansion. Gross margin of 55.2% suggests good underlying unit economics.

What are the risks of investing in AIOT?

Claude: Negative net income of -17.9M despite 329.3M revenue indicates significant operating expense challenges and poor profit conversion. Critically low free cash flow margin of 0.8% suggests minimal cash generation relative to revenue, limiting reinvestment and shareholder returns. ChatGPT: Net margin remains negative at -5.4%, showing the company has not achieved durable bottom-line profitability. Operating margin of 2.6% and interest coverage of 3.1x leave limited cushion if costs rise or growth slows.

What is AIOT's revenue and growth?

Powerfleet, Inc. reported revenue of $329.3M.

Does AIOT pay dividends?

Powerfleet, Inc. does not currently pay dividends.

Where can I find AIOT SEC filings?

Official SEC filings for Powerfleet, Inc. (CIK: 0001774170) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is AIOT's EPS?

Powerfleet, Inc. has a diluted EPS of $-0.13.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is AIOT a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Powerfleet, Inc. has a HOLD rating with 69% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is AIOT stock overvalued or undervalued?

Valuation metrics for AIOT: ROE of -3.7% (sector avg: 15%), net margin of -5.4% (sector avg: 14%). Compare these metrics with sector averages to assess valuation.

Should I buy AIOT stock in 2026?

Our dual AI analysis gives Powerfleet, Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is AIOT's free cash flow?

Powerfleet, Inc.'s operating cash flow is $20.5M, with capital expenditures of $17.7M. FCF margin is 0.8%.

How does AIOT compare to other Telecom stocks?

Vs Telecom sector averages: Net margin -5.4% (avg: 14%), ROE -3.7% (avg: 15%), current ratio 1.09 (avg: 1).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 19, 2026 | Data as of: 2025-12-31 | Powered by Claude AI