Company / R&D Expense
Powerfleet, Inc. R&D Expense History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$18.4M
FY2025
5-year range
$8.4M / $18.4M
FY2021-FY2025
Trend
+14.3%
vs FY2024
Sector context
#234 of 248
Information Technology
What the data says
Among 248 Information Technology companies, Powerfleet, Inc. is in the bottom 6% for r&d expense. Improved from $8M to $18M over the past 2 years.
Based on SEC 10-K filings.
$18M in FY2025 with a 5-year CAGR of +11.6%.
Improved from $8M to $18M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +29.4%
- 5-Year CAGR
- +11.6%
- 10-Year CAGR
- -
Sector benchmark
Bottom 6% in Information TechnologyTop 94% of 248This company $18.4M Sector average $941.5M
▼
-98.1% below sector average
Key checks
Key Insights
- 5-year CAGR of +11.6%, indicating consistent growth.
- In FY2025, r&d expense increased 14.3% year-over-year.
- Ranks #234 out of 248 companies in the Information Technology sector.
- Lowest r&d expense in the period was in FY2017.
Company context
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.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2026 | - | - |
| FY2025 | $18.4M | +14.3% |
| FY2024 | $16.1M | +91.7% |
| FY2023 | $8.4M | -1.1% |
| FY2022 | $8.5M | -25.9% |
| FY2021 | $11.4M | +7.9% |
| FY2020 | $10.6M | +24.1% |
| FY2019 | $8.5M | +24.4% |
| FY2018 | $6.9M | +51.2% |
| FY2017 | $4.5M | - |
As of FY2025 · SEC 10-K · Updated Jun 18, 2026