Powerfleet, Inc. Income Statement
AIOT / Information Technology|10 years of annual SEC 10-K data (FY2017-FY2026)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 10 fiscal years. All figures from audited SEC 10-K filings.
Revenue has grown at a 34.7% compound annual rate over the past 8 years.
Based on SEC 10-K filings.
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.23 (distress zone, below 1.8 threshold)
- Negative profit margin: -14.1%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | $443.8M | $362.5M | $133.7M | $135.9M | $126.0M | $113.6M | $81.9M | $53.1M | $41.0M |
| Cost of Revenue | - | $197.4M | $168.0M | $66.7M | $70.9M | $66.2M | $54.6M | $43.6M | $27.3M | $20.0M |
| Gross Profit | - | $246.4M | $194.5M | $67.1M | $65.0M | $59.8M | $59.0M | $38.4M | $25.8M | $20.9M |
| SG&A Expense | - | $208.5M | $204.4M | $71.3M | $63.5M | $56.5M | $51.9M | $34.4M | $24.7M | $20.5M |
| R&D Expense | - | $18.4M | $16.1M | $8.4M | $8.5M | $11.4M | $10.6M | $8.5M | $6.9M | $4.5M |
| Operating Income | - | $19.6M | -$25.9M | -$12.6M | -$7.0M | -$8.2M | -$3.5M | -$9.8M | -$5.7M | -$4.1M |
| Interest Expense | - | - | - | - | - | $2.8M | $4.5M | $1.4M | $173.0K | $342.0K |
| Income Tax | - | $8.7M | $4.5M | $589.0K | $870.0K | $1.9M | $1.0M | -$75.0K | - | $311.0K |
| Net Income | - | -$20.6M | -$51.0M | -$5.7M | -$6.8M | -$12.8M | -$9.0M | -$11.0M | -$5.8M | - |
| EPS (Basic) | -$0.49 | -$0.48 | -$0.43 | -$0.64 | -$0.46 | - | - | - | - | - |
| EPS (Diluted) | -$0.49 | -$0.48 | -$0.43 | -$0.64 | - | -$0.59 | -$0.34 | -$0.26 | - | - |
| Shares Outstanding | 133.3M | 37.2M | 119.9M | 36.2M | 35.9M | 31.1M | 29.7M | 18.2M | 17.2M | 15.0M |
| Gross Margin | - | 55.5% | 53.7% | 50.2% | 47.8% | 47.4% | 51.9% | 46.8% | 48.6% | 51.1% |
| Operating Margin | - | 4.4% | -7.1% | -9.4% | -5.1% | -6.5% | -3.0% | -11.9% | -10.8% | -10.0% |
| Profit Margin | - | -4.6% | -14.1% | -4.2% | -5.0% | -10.1% | -7.9% | -13.4% | -10.9% | - |