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Companies / Technology / Powerfleet, Inc.
AIOT

Powerfleet, Inc.

TechnologyCommunications Equipment
Ticker AIOTWOODCLIFF LAKE, NJFiscal year ends MarchBook value per share $3.60Diluted shares 134.2M

Powerfleet, Inc. (NASDAQ: PWFL) is a global provider of Artificial Intelligence-of-Things solutions that deliver connected business intelligence for managing high-value enterprise and mid-market assets. The company operates through its Unity platform, a comprehensive data highway and AIoT ecosystem designed to ingest… From the company’s description.

Fiscal year 2026 · ends 03-31Changes are against fiscal 2025The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$443.78M
+22.4% year over year
Last 12 mo $450.45M
4.41%
+11.6 percentage points
Last 12 mo 4.86%
$-20.55M
+59.7% year over year
Last 12 mo $-18.76M
-4.32%
+7.1 percentage points
Last 12 mo -3.89%
Cash & financing
$30.46M
+1010.6% year over year
Last 12 mo $34.18M
$-9.69M
+73.9% year over year
Last 12 mo $-3.10M
0.59
Was 0.61× a year earlier
Last 12 mo 0.58
133.8M
+11.6% year over year
Last 12 mo 134.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Powerfleet, Inc. does

In the company’s own words

Powerfleet, Inc. (NASDAQ: PWFL) is a global provider of Artificial Intelligence-of-Things solutions that deliver connected business intelligence for managing high-value enterprise and mid-market assets. The company operates through its Unity platform, a comprehensive data highway and AIoT ecosystem designed to ingest data from multiple sources, harmonize datasets, and deliver actionable insights through a unified Software-as-a-Service platform with deep integrations into customer business systems.

The company's solution portfolio spans three primary areas: Powerfleet for Warehouse, Yard and Site AIoT solutions providing on-premise asset safety, compliance, and operator management for warehouse and factory equipment; Powerfleet for On-Road AIoT and AI video solutions delivering bumper-to-bumper asset management for over-the-road vehicles, trailers, and shipping containers; and comprehensive analytics and machine learning capabilities that provide real-time intelligence for organizations managing expensive assets. Core applications address end-to-end visibility, regulatory compliance, safety improvement, operational efficiency, security enhancement, and cost reduction across customer operations.

Powerfleet serves over 50,000 enterprise and mid-market customers across diverse industries including construction, distribution, field services, vehicle rental, government, manufacturing, transportation and logistics, utilities, and cold chain logistics. Notable customers include Holcim, Ford, Avis, Walmart, Toyota, and XPO Logistics. The company operates under multiple global brands including Powerfleet, Pointer, Cellocator, MiX by Powerfleet, and Fleet Complete, reflecting significant recent acquisitions that expanded its capabilities and market reach.

As of March 31, 2026, Powerfleet employed 2,658 full-time employees globally. The company completed the acquisition of MiX Telematics in April 2024 and Fleet Complete in October 2024, substantially expanding its platform capabilities and customer base. The company maintains its website at www.powerfleet.com and holds an extensive intellectual property portfolio including 27 U.S. patents and numerous trademarks protecting its technology and brand assets. Powerfleet differentiates itself through end-to-end solutions spanning warehouse to yard to road operations, enabling customers to consolidate vendors and gain unified visibility across their entire asset base.

Company details
Sector
Technology
Industry
Communications Equipment
Headquarters
WOODCLIFF LAKE, NJ
Fiscal year end
March
CIK
1774170
SIC
3669

Financial performance, year by year

Fiscal 2019–2026 · USD
$-101.13M$49.30M$199.73M$350.16M$500.59M2019202020212022202320252026Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Powerfleet, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

148
funds hold it
0 of 35
superinvestors hold it
$126.15M
held by funds, at market
25.3%
of shares held by funds

Largest fund holders · Powerfleet, Inc.’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.02%of fund net assets
0.01%of fund net assets
0.67%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.01%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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