PowerFleet, Inc. (AIOT) Stock

PowerFleet, Inc. (AIOT) is a Technology stock trading at $3.02 (as of 2026-08-20), with a market capitalization of $405.12M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

PowerFleet, Inc. provides wireless Internet-of-Things asset management solutions in the United States, Israel, and internationally. The company offers real-time intelligence for organizations to capture IoT data from various types of assets with devices and sensors to increase efficiencies, and improve safety and security, as well as increase their profitability in easy-to-understand reports, dashboards, and real-time alerts; and application programming interfaces for additional integrations and development to boost other enterprise management systems and third-party applications. It also provides hosting, maintenance, and support and consulting services; and Software as a Service, including system monitoring, help desk technical support, escalation procedure development, routine diagnostic data analysis, and software updates services. The company offers its products under the PowerFleet, Pointer, and Cellocator brands. It sells its products to commercial and government sectors in manufacturing, automotive manufacturing, wholesale and retail, food and grocery distribution, pharmaceutical and medical distribution, construction, mining, utilities, heavy industry, aerospace and defense, homeland security, and vehicle rental, logistics, shipping, and freight transportation markets, as well as through indirect sales channels, such as original equipment manufacturers, vehicle importers, distributors, and industrial equipment dealers. The company was formerly known as I.D. Systems, Inc. PowerFleet, Inc. was incorporated in 1993 and is headquartered in Woodcliff Lake, New Jersey.

Understand PowerFleet, Inc.: how it makes money

PowerFleet provides wireless Internet-of-Things (IoT) asset management, including real-time intelligence via devices and sensors, delivered through reports, dashboards, and real-time alerts, and it also provides APIs for enterprise integrations.

Profit appears to scale mainly with Services revenue tied to a large recurring base, since Services revenue is the majority of revenue while Product revenue is smaller, and the company tracks Recurring Revenue Subscribers.

Revenue by segment (latest quarter)
Services$0.1B
Product$0.0B

Business quality (Mixed): The revenue model is services-led with an emphasis on recurring subscriber scale, but the provided operating metrics do not include churn or retention, and reported operating margin is modest.

Bull case

  • Services-led revenue mix: Services Revenue is 0.09B versus Product Revenue of 0.02B, suggesting the core value proposition is delivered through ongoing services.
  • Recurring subscriber scale is explicitly tracked: The company reports Recurring Revenue Subscribers of 2,600,000 and also tracks Customers (50,000), supporting visibility into the installed recurring base.

Bear case

  • Modest operating profitability: Operating margin is 5.6%, which can leave less room for cost increases or slower growth.
  • Limited diversification signal from product revenue: Product Revenue is smaller (0.02B), so the business may be more exposed if Services growth or monetization weakens.
  • Operational risk visibility is incomplete: The provided KPI set does not include churn, retention, or net adds, which limits insight into whether Recurring Revenue Subscribers are strengthening or weakening over time.
Valuation — source: SEC EDGAR (first-party)
Price$3.02
Market Cap$405.12M
EV / EBITDA12.1
Price / Book0.84
Price / Sales0.92
FCF Yield0.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$443.78M
Net Margin-4.6%
Revenue Growth (YoY)22.4%
EPS Growth (YoY)-65.1%
FCF Growth (YoY)-137.9%
Financial Health — source: SEC EDGAR
Altman Z-Score0.73 (distress)
Piotroski F-Score7/9 (strong)
Valuation vs Sector & Industry
Sector P/E (Technology)33.9
Industry P/E (Electronic Equipment)39.4
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($51.01M)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryElectronic Equipment
CEOSteve Towe
Employees1,954
CountryUS
IPO Date1999-06-30

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AIOT earnings history · AIOT institutional & insider holders · AIOT KPIs & operating metrics · AIOT financials · AIOT investor presentations & press releases · AIOT SEC filings · AIOT peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.