Powerfleet, Inc. (formerly I.D. Systems, Inc.) is an American company headquartered in Woodcliff Lake, New Jersey, that operates as a global provider of IoT and M2M solutions for securing, controlling, and tracking high-value enterprise assets. The company is a provider in the international telematics industry, providing fleet management, asset tracking, freight visibility, and driver behavior monitoring for industrial trucks, vehicle fleets, and shipping containers.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| AIOT | Powerfleet, Inc. | 2026-10-08 08:47:00 | 2.61 | -0.02 | -0.57 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AIOT | 0001774170 | Powerfleet, Inc. | US73931J1097 | 2549007NKEFPYEH4MF81 | 834366463 | Nasdaq | 3669 | Communications Equipment, NEC | 0331 | DE | 123 TICE BLVD. | WOODCLIFF LAKE | NJ | 07677 | UNITED STATES | US | 201-996-9000 | 123 TICE BLVD., WOODCLIFF LAKE, NJ, 07677 | 123 TICE BLVD., WOODCLIFF LAKE, NJ, 07677 | — | — | 1993 | Steve Towe | 2,500 | https://www.powerfleet.com/ | 660,500,000 | 136,291,000 | 134,225,918 | Powerfleet, Inc. (formerly I.D. Systems, Inc.) is an American company headquartered in Woodcliff Lake, New Jersey, that operates as a global provider of IoT and M2M solutions for securing, controlling, and tracking high-value enterprise assets. The company is a provider in the international telematics industry, providing fleet management, asset tracking, freight visibility, and driver behavior monitoring for industrial trucks, vehicle fleets, and shipping containers. | 2026-10-01 21:10:51 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2026 | 660,500,000 | 137,300,000 | 26.2424 | 134,180,878 | 810,336 | 0.6076 |
| 2025 | 523,200,000 | 63,600,000 | 13.8381 | 133,370,542 | 25,792,532 | 23.9757 |
| 2024 | 459,600,000 | 353,800,000 | 334.4045 | 107,578,010 | 228,023 | 0.2124 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Melissa Ingram | Chief Corporate Development Officer | 2026 | 363,593 | 0 | 646,362 | 53,994 | — | 1,063,949 |
| Steve Towe | Chief Executive Officer | 2026 | 555,778 | 0 | 1,469,007 | 110,044 | — | 2,134,829 |
| David Wilson | Chief Financial Officer | 2026 | 435,000 | 0 | 734,501 | 64,598 | — | 1,234,099 |
| David Wilson | Chief Financial Officer | 2025 | 357,875 | 0 | 1,461,819 | 676,250 | — | 2,495,944 |
| Steve Towe | Chief Executive Officer | 2025 | 425,000 | 0 | 9,686,137 | 2,770,000 | — | 12,881,137 |
| Fiscal Year | Employee Count |
|---|---|
| 2026 | 2,658 |
| 2025 | 2,518 |
| 2023 | 780 |
| Fiscal Year | 2026 | 2025 | 2023 |
|---|---|---|---|
| Revenue | 443,777,000 | 362,515,000 | 133,736,000 |
| Cost Of Revenue | 197,355,000 | 167,978,000 | 66,660,000 |
| Gross Profit | 246,422,000 | 194,537,000 | 67,076,000 |
| Research And Development Expenses | 18,359,000 | 16,061,000 | 8,380,000 |
| General And Administrative Expenses | 208,487,000 | 204,361,000 | 71,253,000 |
| Operating Expenses | 226,846,000 | 220,422,000 | 79,633,000 |
| Operating Income | 19,576,000 | -25,885,000 | -12,557,000 |
| Net Income | -20,552,000 | -50,987,000 | -5,675,000 |
| Earnings Per Share Basic | -0.15 | -0.43 | -0.49 |
| Earnings Per Share Diluted | -0.15 | -0.43 | -0.49 |
| Weighted Average Shares Outstanding Basic | 133,761,000 | 119,877,000 | 35,628 |
| Weighted Average Shares Outstanding Diluted | 133,761,000 | 119,877,000 | 35,628 |
| Fiscal Year | 2026 | 2025 | 2023 |
|---|---|---|---|
| Cash And Cash Equivalents | 36,496,000 | 44,392,000 | 19,022,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | 93,820,000 | 78,623,000 | 32,440,000 |
| Inventories | 22,448,000 | 18,350,000 | 22,602,000 |
| Non Trade Receivables | 1,190,000 | 553,000 | — |
| Other Assets Current | 485,000 | 253,000 | 1,400,000 |
| Total Assets Current | 179,180,000 | 169,080,000 | 82,025,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 62,398,000 | 58,011,000 | 12,383,000 |
| Other Assets Non Current | 21,599,000 | 21,183,000 | 6,916,000 |
| Total Assets Non Current | 62,398,000 | 58,011,000 | 12,383,000 |
| Total Assets | 955,565,000 | 910,071,000 | 217,746,000 |
| Accounts Payable | 46,353,000 | 41,599,000 | 19,235,000 |
| Deferred Revenue | 20,159,000 | 17,375,000 | 5,666,000 |
| Short Term Debt | 50,355,000 | 41,632,000 | 21,091,000 |
| Other Liabilities Current | — | — | — |
| Total Liabilities Current | 157,952,000 | 151,009,000 | 58,556,000 |
| Long Term Debt | 236,546,000 | 237,511,000 | — |
| Other Liabilities Non Current | 3,090,000 | 3,021,000 | 2,422,000 |
| Total Liabilities Non Current | 315,998,000 | 312,320,000 | 21,269,000 |
| Total Liabilities | 473,950,000 | 463,329,000 | 79,825,000 |
| Common Stock | 1,343,000 | 1,343,000 | 387,000 |
| Retained Earnings | -226,335,000 | -205,783,000 | -146,281,000 |
| Accumulated Other Comprehensive Income | 29,660,000 | -8,850,000 | -616,000 |
| Total Shareholders Equity | 475,494,000 | 446,592,000 | 57,542,000 |
| Fiscal Year | 2026 | 2025 | 2023 |
|---|---|---|---|
| Depreciation And Amortization | 60,280,000 | 47,494,000 | 9,445,000 |
| Share Based Compensation Expense | 7,541,000 | 9,362,000 | 3,908,000 |
| Other Non Cash Income Expense | 2,159,000 | -1,061,000 | -103,000 |
| Change In Accounts Receivable | 21,232,000 | 14,048,000 | 1,460,000 |
| Change In Inventories | 4,464,000 | -5,729,000 | 1,743,000 |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | -2,201,000 | -5,474,000 | -791,000 |
| Change In Accounts Payable | 5,228,000 | -12,162,000 | 4,440,000 |
| Change In Other Liabilities | — | — | — |
| Cash From Operating Activities | 30,461,000 | -3,345,000 | 4,397,000 |
| Purchases Of Marketable Securities | 0 | 0 | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | 21,618,000 | 20,008,000 | 3,464,000 |
| Acquisition Of Business | -55,000 | 137,112,000 | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -39,748,000 | -170,596,000 | 1,529,000 |
| Tax Withholding For Share Based Compensation | — | — | — |
| Payments Of Dividends | — | — | — |
| Issuance Of Common Stock | 39,000 | 66,459,000 | — |
| Repurchase Of Common Stock | 0 | 2,836,000 | — |
| Issuance Of Long Term Debt | 0 | 125,000,000 | — |
| Repayment Of Long Term Debt | 5,604,000 | 2,642,000 | 4,408,000 |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | 151,000 | 115,722,000 | -3,706,000 |
| Change In Cash | -7,970,000 | -60,876,000 | 1,343,000 |
| Cash At End Of Period | 36,496,000 | 44,392,000 | 19,022,000 |
| Income Taxes Paid | 7,250,000 | 4,283,000 | 175,000 |
| Interest Paid | 24,490,000 | 15,335,000 | 1,656,000 |
| Fiscal Year | 2026 | 2025 | 2023 |
|---|---|---|---|
| Earnings Per Share | -0.15 | -0.43 | -0.49 |
| Price To Earnings Ratio | -20.5333 | -12.7674 | -6.9796 |
| Earnings Growth Rate | -65.1163 | -12.2449 | 44.1176 |
| Price Earnings To Growth Ratio | 0.3153 | 1.0427 | -0.1582 |
| Book Value Per Share | 3.6006 | 3.7267 | 3,871.1407 |
| Price To Book Ratio | 0.8554 | 1.4732 | 0.0009 |
| Ebitda | 74,504,000 | 21,120,000 | 2,343,000 |
| Enterprise Value | 662,388,880 | 892,875,730 | — |
| Dividend Yield | — | — | — |
| Dividend Payout Ratio | — | — | — |
| Debt To Equity Ratio | 0.6034 | 0.6251 | — |
| Capital Expenditures | 64,667,000 | 93,122,000 | 12,579,000 |
| Free Cash Flow | -34,206,000 | -96,467,000 | -8,182,000 |
| Return On Equity | -0.0432 | -0.1142 | -0.0986 |
| One Year Beta | 2.2128 | 2.1094 | 1.2417 |
| Three Year Beta | 1.9898 | 0.9062 | 0.7421 |
| Five Year Beta | 1.2807 | 0.9706 | 0.8749 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| JACOBS IAN | Director | 2026-09-17 | 29,167 | A | 102,309 |
| CASEY MICHAEL J | Director | 2026-09-17 | 29,167 | A | 218,220 |
| Lalljie Paul S | — | 2026-08-11 | 225,000 | A | 225,000 |
| Lalljie Paul S | — | 2026-08-11 | 225,000 | A | 450,000 |
| WILSON DAVID | Chief Financial Officer | 2026-07-27 | 13,250 | D | 575,926 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| ENVESTNET ASSET MANAGEMENT INC | 2026-06-30 | 92,261 | 24,089 | 3.83 |
| STATE STREET CORP | 2026-06-30 | 12,509,707 | 3,266,242 | 3.83 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 2026-06-30 | 129,266 | 33,751 | 3.83 |
| Parkside Financial Bank & Trust | 2026-06-30 | 764 | 200 | 3.82 |
| CITADEL ADVISORS LLC | 2026-06-30 | 60,131 | 15,700 | 3.83 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| VICTORY PORTFOLIOS III | 2026-07-31 | Victory Extended Market Index Fund | USMIX | 14,422 | 56,534.24 | 0.007 |
| INVESCO EXCHANGE-TRADED FUND TRUST | 2026-07-31 | Invesco RAFI US 1500 Small-Mid ETF | PRFZ | 83,498 | 327,312.16 | 0.0118 |
| Global X Funds | 2026-07-31 | Global X Russell 2000 ETF | RSSL | 61,233 | 240,033.36 | 0.0161 |
| Advisors' Inner Circle Fund III | 2026-07-31 | I Shares | KCXIX | 661 | 2,591.12 | 0.0007 |
| J.P. Morgan Exchange-Traded Fund Trust | 2026-07-31 | JPMorgan Diversified Return U.S. Small Cap Equity ETF | JPSE | 81,622 | 319,958.24 | 0.0541 |