AIOTNasdaqCommunications Equipment, NECFiscal year ends March 31
Powerfleet, Inc.
Financials through Q1 FY2027, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 10, 2026
$2.55+0.16 (+6.69%)
Close on Oct 19, 2026
- Market cap
- $342.13M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2016 to 2026
Gross margin
55.5%+8.7 pts over 5 years
Operating margin
4.4%+16.3 pts over 5 years
Net margin
-4.6%+8.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | – | +49.2% | +28.6% | – | |
| Gross profit | – | +54.3% | +32.8% | – | |
| Free cash flow | – | +111.6% | – | – |
Returns and balance sheet
9 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2019 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | -18.9% | – | |
| Return on assets | – | -7.8% | – | |
| Current ratio | – | 1.64 | 1.13 | |
| Debt to equity | – | 0.39 | 0.60 | |
| Net debt to EBITDA | – | -2.52× | 3.13× | |
| Interest coverage | – | -7.1× | 0.7× | |
| Inventory turnover | – | 4.1× | – | |
| Capex to revenue | – | 1.3% | 4.9% | |
| Diluted shares | – | 20M | 134M |
Where the cash went
Fiscal 2020 to 2026, five years combined
Powerfleet generated $50.35M from operations and spent $35.03M on capital expenditure, dividends and share buybacks. 99% of that went back into the business.
Generated
$50.35M
Used
$35.03M
Capital expenditure$34.68M99%Dividends$00%Share buybacks$352.00K1%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-4.2%
×Asset turnover0.61×
×Equity multiplier3.45×
=Return on equity, FY2023-9.0%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2023 | -4.2% | 0.61× | 3.45× | -9.0% |
| FY2022 | -5.0% | 0.61× | 2.78× | -8.4% |
| FY2021 | -10.1% | 0.56× | 2.62× | -14.9% |
| FY2020 | -7.9% | 0.51× | 2.71× | -11.0% |
| FY2019 | -13.4% | 0.58× | 2.43× | -18.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
2of 3 tests passed in fiscal 2026. Some tests lack the figures they need.
- ProfitableNet income above zero-$20.55M
- Cash generatingOperating cash flow above zero$30.46M
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income$30.46M vs -$20.55M
- Less leverageLong-term debt to assets fell– → 24.0%
- Better liquidityCurrent ratio rose– → 1.13
- No dilutionShare count did not rise– → 134M
- Gross margin improvedGross margin up on the prior year– → 55.53%
- More efficientAsset turnover rose– → –