AIOT on Nasdaq

PowerFleet

Provider of wireless IoT solutions.¹

$2.48 down 0.04 (1.39%)Price as of Oct 15, 2026 at 17:33 UTC

Last updated Oct 19, 2026.

Overview

$443.8MRevenue, fiscal 2026⁴

-$20.6MNet income, fiscal 2026⁴

2019Founded¹

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TickerAIOT on Nasdaq¹
Industrytechnology¹
HeadquartersWoodcliff Lake, New Jersey¹
Founded inUnited States¹
Websitewww.powerfleet.com
Legal formlimited company, public company¹
Listed onNasdaq (PWFL), Tel Aviv Stock Exchange (PWFL)¹
Incorporated inDE⁵
Business address123 Tice Blvd., Woodcliff Lake, Nj 07677⁵
Filer categoryAccelerated filer⁵

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We are a global provider of Artificial Intelligence-of-Things (“AIoT”) solutions providing valuable connected business intelligence for managing high-value enterprise and mid-market assets that improve operational efficiencies.⁶ From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2026

55.5%Gross margin⁴

4.4%Operating margin⁴

-4.6%Net margin⁴

22.4%Revenue growth, 2026⁴

-4.3%Return on equity⁴

0.48×Debt to equity⁴

$8.8MFree cash flow⁴

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Service brought in 81% of the revenue PowerFleet broke down this way in fiscal 2026.

Service$359.8M⁴81%up 30% from 2025
Product$84.0M⁴19%down 2% from 2025

Products and services by year

Products and services	2023	2025	2026
Service	$84.0M	$276.9M	$359.8M
Product	$49.7M	$85.6M	$84.0M

Regions

United States brought in 36% of the revenue PowerFleet broke down this way in fiscal 2026.

United States$159.3M⁴36%up 31% from 2025
Africa$109.7M⁴25%up 12% from 2025
Israel$58.4M⁴13%up 18% from 2025
Europe And Middle East [member]$51.1M⁴12%up 18% from 2025
Australia$43.0M⁴10%up 39% from 2025
Other$22.3M⁴5%up 14% from 2025

Regions by year

Regions	2023	2025	2026
United States	$74.7M	$121.6M	$159.3M
Africa	$3.3M	$97.6M	$109.7M
Israel	$41.7M	$49.6M	$58.4M
Europe And Middle East [member]	$1.9M	$43.2M	$51.1M
Australia	$0	$31.0M	$43.0M
Other	$12.2M	$19.6M	$22.3M

Where the money goes

Where each dollar of revenue went, fiscal 2026

Cost of revenueSelling, general and admin

Cost of revenue44¢$197.4M
Research and development4¢$18.4M
Selling, general and admin47¢$208.5M
Other costs2¢$10.9M
Income tax2¢$8.7M

Out of $443.8M in revenue.⁴ The company lost money this year.

Where each dollar of operating cash went, fiscal 2026

Capital spendingKept or used elsewhere

Capital spending71¢$21.6M
Kept or used elsewhere29¢$8.8M

Out of $30.5M of cash from operations.⁴

Financial statements

Revenue⁷⁸⁹¹⁰⁴$443.8M in 2026+442% since 2019

Gross profit⁷⁸⁹¹⁰⁴$246.4M in 2026+542% since 2019

Operating income⁷⁸⁹¹⁰⁴$19.6M in 2026

Net income⁷⁸⁹¹⁰⁴-$20.6M in 2026+87% since 2019

Every line of the income statement as filed: the last 4 fiscal years (annual) or 1 quarters (quarterly), latest first.⁴

Period ending	2026-03-31	2025-03-31	2023-12-31	2022-12-31
Total revenues	$443.8M	$362.5M	$133.7M
Total cost of revenues	$197.4M	$168.0M	$66.7M
Gross profit	$246.4M	$194.5M	$67.1M
Selling, general and administrative expenses	$208.5M	$204.4M	$71.3M
Research and development expenses	$18.4M	$16.1M	$8.4M
Total operating expenses	$226.8M	$220.4M	$79.6M
(Loss) income from operations	$19.6M	-$25.9M	-$12.6M
Interest income	$780.0K	$926.0K	$103.0K
Interest expense	-$27.5M	-$20.3M	-$1.6M
Bargain purchase - Movingdots	$0	$0	$9.0M
Other expense	-$4.1M	-$1.2M	-$29.0K
Net loss before income taxes	-$11.3M	-$46.5M	-$5.1M
Income tax expense	-$8.7M	-$4.5M	-$589.0K
Net loss before non-controlling interest	-$19.9M	-$51.0M	-$5.6M
Non-controlling interest	-$608.0K	-$18.0K	-$35.0K
Net loss	-$20.6M	-$51.0M	-$5.7M
Accretion of preferred stock	$0	$0	-$7.1M
Preferred stock dividend	$0	-$25.0K	-$4.5M
Net loss attributable to common stockholders	-$20.6M	-$51.0M	-$17.3M	-$17.3M
Net loss attributable to common stockholders	-$20.6M	-$51.0M	-$17.3M	-$17.3M
Net loss per share attributable to common stockholders - basic (in dollars per share)	-$0.15	-$0.43	-$0.49	-$0.49
Net loss per share attributable to common stockholders - diluted (in dollars per share)	-$0.15	-$0.43	-$0.49	-$0.49
Weighted-average common shares outstanding - basic (in shares)	133.8M shares	119.9M shares	35.6M shares	35.6M shares
Weighted-average common shares outstanding - diluted (in shares)	133.8M shares	119.9M shares	35.6M shares	35.6M shares

Period ending	2024-03-31
Total revenues	$33.7M
Total cost of revenues	$17.5M
Gross profit	$16.2M
Selling, general and administrative expenses	$21.8M
Research and development expenses	$2.0M
Total operating expenses	$23.9M
(Loss) income from operations	-$7.6M
Interest income	$259.0K
Interest expense	-$709.0K
Bargain purchase - Movingdots	$0
Other expense	-$55.0K
Net loss before income taxes	-$8.2M
Income tax expense	-$352.0K
Net loss before non-controlling interest	-$8.5M
Non-controlling interest	-$11.0K
Net loss	-$8.5M
Accretion of preferred stock	-$10.0M
Preferred stock dividend	-$1.1M
Net loss attributable to common stockholders	-$19.6M
Net loss attributable to common stockholders	-$19.6M
Net loss per share attributable to common stockholders - basic (in dollars per share)	-$0.55
Net loss per share attributable to common stockholders - diluted (in dollars per share)	-$0.55
Weighted-average common shares outstanding - basic (in shares)	35.8M shares
Weighted-average common shares outstanding - diluted (in shares)	35.8M shares

Total assets¹⁴⁷⁸⁹¹⁰⁴$955.6M in 2026+328% since 2019

Total liabilities¹⁴⁷⁸⁹¹⁰⁴$473.9M in 2026+418% since 2019

Shareholders’ equity¹⁴⁷⁸⁹¹⁰⁴$475.5M in 2026+465% since 2019

Cash⁸⁹¹⁰⁴$36.5M in 2026+123% since 2019

Long-term debt¹⁴⁷⁸⁹¹⁰⁴$229.7M in 2026+766% since 2019

Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.⁴

Period ending	2026-03-31	2025-03-31	2024-03-31	2023-12-31	2022-12-31
Cash and cash equivalents	$36.5M	$44.4M	$24.4M	$19.0M	$17.7M
Restricted cash	$4.3M	$4.4M	$85.3M	$310.0K	$309.0K
Accounts receivable, net of allowance for credit losses of $4,057 and $9,177 as of March 31, 2025 and 2026, respectively	$93.8M	$78.6M
Inventory, net	$22.4M	$18.4M
Prepaid expenses and other current assets	$22.1M	$23.3M
Total current assets	$179.2M	$169.1M
Fixed assets, net	$62.4M	$58.0M
Goodwill	$412.0M	$383.1M	$83.5M
Intangible assets, net	$255.5M	$258.6M
Right-of-use asset	$15.9M	$12.3M
Severance payable fund	$4.4M	$3.8M
Deferred tax asset	$4.5M	$3.9M
Other assets	$21.6M	$21.2M
Total assets	$955.6M	$910.1M
Short-term bank debt and current maturities of long-term debt	$50.4M	$41.6M
Accounts payable	$46.4M	$41.6M
Accrued expenses and other current liabilities	$37.7M	$45.3M
Deferred revenue - current	$20.2M	$17.4M
Lease liability - current	$3.4M	$5.1M
Total current liabilities	$158.0M	$151.0M
Long-term debt - less current maturities	$229.7M	$232.2M
Deferred revenue - less current portion	$4.0M	$5.2M
Lease liability - less current portion	$13.5M	$8.2M
Accrued severance payable	$5.7M	$6.0M
Deferred tax liability	$60.1M	$57.7M
Other long-term liabilities	$3.1M	$3.0M
Total liabilities	$473.9M	$463.3M
Redeemable non-controlling interests	$6.0M	$0
Preferred stock; authorized 50,000 shares, $0.01 par value	$0	$0
Common stock; authorized 175,000 shares, $0.01 par value; 135,379 and 136,224 shares issued at March 31, 2025 and March 31, 2026, respectively; shares outstanding, 133,316 and 134,158 at March 31, 2025 and 2026, respectively	$1.3M	$1.3M
Additional paid-in capital	$682.3M	$671.4M
Accumulated deficit	-$226.3M	-$205.8M
Accumulated other comprehensive (loss) income	$29.7M	-$8.8M
Treasury stock; 2,063 and 2,066 common shares at cost at March 31, 2025 and 2026, respectively	-$11.5M	-$11.5M
Total Powerfleet, Inc. stockholders equity	$475.5M	$446.6M
Non-controlling interest	$112.0K	$150.0K
Total equity	$475.6M	$446.7M	$38.6M	$57.6M	$69.0M
Total liabilities, redeemable non-controlling interests and stockholders equity	$955.6M	$910.1M
Allowance for credit losses	$9.2M	$4.1M	$3.2M
Preferred shares, authorized (in shares)	50.0M shares	50.0M shares
Preferred shares, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized (in shares)	175.0M shares	175.0M shares
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares issued (in shares)	136.2M shares	135.4M shares
Common stock, shares outstanding (in shares)	134.2M shares	133.3M shares
Treasury stock (in shares)	2.1M shares	2.1M shares

Period ending	2026-03-31	2025-03-31	2024-03-31	2023-12-31	2022-12-31
Cash and cash equivalents	$36.5M	$44.4M	$24.4M	$19.0M	$17.7M
Restricted cash	$4.3M	$4.4M	$85.3M	$310.0K	$309.0K
Accounts receivable, net of allowance for credit losses of $4,057 and $9,177 as of March 31, 2025 and 2026, respectively	$93.8M	$78.6M
Inventory, net	$22.4M	$18.4M
Prepaid expenses and other current assets	$22.1M	$23.3M
Total current assets	$179.2M	$169.1M
Fixed assets, net	$62.4M	$58.0M
Goodwill	$412.0M	$383.1M	$83.5M
Intangible assets, net	$255.5M	$258.6M
Right-of-use asset	$15.9M	$12.3M
Severance payable fund	$4.4M	$3.8M
Deferred tax asset	$4.5M	$3.9M
Other assets	$21.6M	$21.2M
Total assets	$955.6M	$910.1M
Short-term bank debt and current maturities of long-term debt	$50.4M	$41.6M
Accounts payable	$46.4M	$41.6M
Accrued expenses and other current liabilities	$37.7M	$45.3M
Deferred revenue - current	$20.2M	$17.4M
Lease liability - current	$3.4M	$5.1M
Total current liabilities	$158.0M	$151.0M
Long-term debt - less current maturities	$229.7M	$232.2M
Deferred revenue - less current portion	$4.0M	$5.2M
Lease liability - less current portion	$13.5M	$8.2M
Accrued severance payable	$5.7M	$6.0M
Deferred tax liability	$60.1M	$57.7M
Other long-term liabilities	$3.1M	$3.0M
Total liabilities	$473.9M	$463.3M
Redeemable non-controlling interests	$6.0M	$0
Preferred stock; authorized 50,000 shares, $0.01 par value	$0	$0
Common stock; authorized 175,000 shares, $0.01 par value; 135,379 and 136,224 shares issued at March 31, 2025 and March 31, 2026, respectively; shares outstanding, 133,316 and 134,158 at March 31, 2025 and 2026, respectively	$1.3M	$1.3M
Additional paid-in capital	$682.3M	$671.4M
Accumulated deficit	-$226.3M	-$205.8M
Accumulated other comprehensive (loss) income	$29.7M	-$8.8M
Treasury stock; 2,063 and 2,066 common shares at cost at March 31, 2025 and 2026, respectively	-$11.5M	-$11.5M
Total Powerfleet, Inc. stockholders equity	$475.5M	$446.6M
Non-controlling interest	$112.0K	$150.0K
Total equity	$475.6M	$446.7M	$38.6M	$57.6M	$69.0M
Total liabilities, redeemable non-controlling interests and stockholders equity	$955.6M	$910.1M
Allowance for credit losses	$9.2M	$4.1M	$3.2M
Preferred shares, authorized (in shares)	50.0M shares	50.0M shares
Preferred shares, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized (in shares)	175.0M shares	175.0M shares
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares issued (in shares)	136.2M shares	135.4M shares
Common stock, shares outstanding (in shares)	134.2M shares	133.3M shares
Treasury stock (in shares)	2.1M shares	2.1M shares

Cash from operations⁷⁸⁹¹⁰⁴$30.5M in 2026

Capital spending¹⁰⁴$21.6M in 2026+439% since 2022

Free cash flow¹⁰⁴$8.8M in 2026

Share buybacks¹⁵¹⁰⁴$0 in 2026

Every line of the cash flow as filed: the last 3 fiscal years (annual) or 1 quarters (quarterly), latest first.⁴

Period ending	2026-03-31	2025-03-31	2023-12-31
Net loss	-$20.6M	-$51.0M	-$5.7M
Non-controlling interest	$608.0K	$18.0K	$35.0K
Gain on bargain purchase	$0	$0	-$9.0M
Inventory reserve	$2.3M	$4.5M	$1.5M
Stock-based compensation expense	$7.5M	$9.4M	$3.9M
Depreciation and amortization	$60.3M	$47.5M	$9.4M
Right-of-use assets, non-cash lease expense	$4.1M	$5.0M	$2.8M
Derivative mark-to-market adjustment	-$775.0K	-$504.0K	$0
Bad debts expense	$11.0M	$9.4M	$1.8M
Deferred income taxes	-$1.7M	-$4.9M	-$6.0K
Shares issued for transaction bonuses	$0	$889.0K	$0
Lease termination and modification losses	-$233.0K	$295.0K	$0
Other non-cash items	-$2.2M	$1.1M	$103.0K
Accounts receivable	-$21.2M	-$14.0M	-$1.5M
Inventories	-$4.5M	$5.7M	-$1.7M
Prepaid expenses and other current assets	$2.2M	$5.5M	$791.0K
Deferred costs	-$8.5M	-$8.4M	$679.0K
Deferred revenue	$1.6M	$1.7M	-$295.0K
Accounts payable, accrued expenses and other current liabilities	$5.2M	-$12.2M	$4.4M
Lease liabilities	-$3.7M	-$4.6M	-$2.9M
Accrued severance payable	-$1.0M	$1.2M	-$21.0K
Net cash provided by (used in) operating activities	$30.5M	-$3.3M	$4.4M
Acquisition, net of cash assumed	$55.0K	-$137.1M	$8.7M
Purchase of investments	$0	$0	-$100.0K
Proceeds from sale of fixed assets	$140.0K	$12.0K	$0
Capitalized software development costs	-$18.5M	-$13.8M	-$3.6M
Capital expenditures	-$21.6M	-$20.0M	-$3.5M
Repayment of loan advanced to external parties	$207.0K	$294.0K	$0
Net cash provided by (used in) investing activities	-$39.7M	-$170.6M	$1.5M
Repayment of long-term debt	-$5.6M	-$2.6M	-$4.4M
Short-term bank debt, net	$5.7M	$19.6M	$4.3M
Purchase of treasury stock upon vesting of restricted stock	$0	-$2.8M	-$141.0K
Repayment of financing lease	$0	$0	-$129.0K
Payment of preferred stock dividend and redemption of preferred stock	$0	-$90.3M	-$3.4M
Proceeds from private placement, net	$0	$66.5M	$0
Proceeds from long-term debt	$0	$125.0M	$0
Payment of long-term debt costs		-$1.4M	$0
Proceeds from exercise of stock options, net	$39.0K	$1.9M	$36.0K
Net cash (used in) provided by financing activities	$151.0K	$115.7M	-$3.7M
Effect of foreign exchange rate changes on cash and cash equivalents	$1.2M	-$2.7M	-$877.0K
Net increase (decrease) in cash and cash equivalents, and restricted cash	-$8.0M	-$60.9M	$1.3M
Taxes	$7.2M	$4.3M	$175.0K
Interest	$24.5M	$15.3M	$1.7M
Issuance of derivative on long-term debt	$0	$0	$0
Common stock issued for transaction bonus	$0	$9.0K	$0
Shares issued in connection with Combination			$1.3M
Value of warrant issued in connection with Movingdots acquisition	$0	$0	$1.3M
Value of licensed intellectual property acquired in connection with Movingdots acquisition	$0	$0	$1.5M
Preferred stock dividends paid in shares	$0	$0	$1.1M
Issuance of redeemable non-controlling interest	$8.8M	$0	$0
Rebalancing of ownership percentage between parent and subsidiaries	-$3.4M	$0	$0

Period ending	2024-03-31
Net loss	-$8.5M
Non-controlling interest	$11.0K
Gain on bargain purchase	$0
Inventory reserve	$59.0K
Stock-based compensation expense	$1.0M
Depreciation and amortization	$1.9M
Right-of-use assets, non-cash lease expense	$763.0K
Derivative mark-to-market adjustment	$0
Bad debts expense	$970.0K
Deferred income taxes	$97.0K
Shares issued for transaction bonuses	$0
Lease termination and modification losses	$0
Other non-cash items	-$112.0K
Accounts receivable	$746.0K
Inventories	$726.0K
Prepaid expenses and other current assets	-$1.4M
Deferred costs	$41.0K
Deferred revenue	$112.0K
Accounts payable, accrued expenses and other current liabilities	$4.0M
Lease liabilities	-$694.0K
Accrued severance payable	$36.0K
Net cash provided by (used in) operating activities	-$208.0K
Acquisition, net of cash assumed	$0
Purchase of investments	$0
Proceeds from sale of fixed assets	$0
Capitalized software development costs	-$591.0K
Capital expenditures	-$1.3M
Repayment of loan advanced to external parties	$0
Net cash provided by (used in) investing activities	-$1.9M
Repayment of long-term debt	-$11.0M
Short-term bank debt, net	-$10.0M
Purchase of treasury stock upon vesting of restricted stock	-$31.0K
Repayment of financing lease	$0
Payment of preferred stock dividend and redemption of preferred stock	$0
Proceeds from private placement, net	$0
Proceeds from long-term debt	$115.0M
Payment of long-term debt costs	-$1.1M
Proceeds from exercise of stock options, net	$0
Net cash (used in) provided by financing activities	$92.8M
Effect of foreign exchange rate changes on cash and cash equivalents	-$381.0K
Net increase (decrease) in cash and cash equivalents, and restricted cash	$90.3M
Taxes	$262.0K
Interest	$447.0K
Issuance of derivative on long-term debt	$2.2M
Common stock issued for transaction bonus	$0
Value of warrant issued in connection with Movingdots acquisition	$0
Value of licensed intellectual property acquired in connection with Movingdots acquisition	$0
Preferred stock dividends paid in shares	$0
Issuance of redeemable non-controlling interest	$0
Rebalancing of ownership percentage between parent and subsidiaries	$0

Compare PowerFleet with another company

Leadership

Who has led PowerFleet, and when. Pick a name to see everywhere that person has worked.

Chief executive

Chief financial officer

Ned Mavrommatis2019–2021

Chief operating officer

Offer Lehmann2022–2023

20202025

Chief executive officerSteven Mark Towe Jan 10, 2022 to now¹⁶
Chief executive officerDavid Mahlab Oct 3, 2019 to Nov 7, 2019¹⁷
Chief financial officerNed Mavrommatis Oct 3, 2019 to Nov 16, 2021¹⁸
Chief operating officerOffer Lehmann Nov 8, 2022 to May 31, 2023¹⁹

Board members and other officers (17)

OfficerPaul S. Lalljie Aug 11, 2026 to now²⁰
Chief Customer OfficerCatherine J. Lewis Apr 11, 2024 to Dec 9, 2024²¹
Chief Revenue OfficerCharles W. Tasker Apr 11, 2024 to Apr 11, 2024²²
OfficerMelissa Rose Ingram Apr 12, 2024 to now²³
"See ""Remarks"" below"Joaquin Fong Aug 12, 2022 to Aug 12, 2022²⁴
Chief Technology OfficerJames Scott Zeitunian Sep 7, 2022 to May 10, 2024²⁵
Chief Revenue OfficerPatrick John Maley Sep 9, 2022 to Sep 9, 2022²⁶
Chief Product OfficerElizabeth Elkins May 5, 2021 to May 5, 2021²⁷
Board memberMichael J. McConnell Apr 2, 2024 to now²⁸
Board memberSteven Mark Towe Jan 10, 2022 to now¹⁶
Board memberElchanan Maoz Oct 19, 2022 to Jul 28, 2023²⁹
Board memberMedhini Srinivasan Jul 9, 2020 to Jul 9, 2020³⁰
Board memberAnders Bjork Oct 3, 2019 to Oct 3, 2019³¹
Board memberCharles Frumberg Oct 3, 2019 to Aug 11, 2023³²
Board memberDavid Mahlab Oct 3, 2019 to Aug 10, 2021¹⁷
Board memberMichael Brodsky Oct 3, 2019 to Jun 21, 2024³³
Board memberMichael J. Casey Oct 3, 2019 to now³⁴

Named in SEC Form D filings

People the company listed in its private-offering notices.

Chief Financial Officer and Corporate SecretaryDavid Wilson named Oct 16, 2024³⁵
Chief Product OfficerJonathan Bates named Oct 16, 2024³⁵
DirectorAndrew Martin named Oct 16, 2024³⁵
DirectorIan Jacobs named Oct 16, 2024³⁵

Employees over time

2020840¹

Timeline

Jan 10, 2022New chief executive Steven Mark Towe becomes CEO¹⁶
Oct 3, 2019New chief executive David Mahlab becomes CEO¹⁷
2019Founded Founded in United States¹

Filings

282 filings to the SEC since October 2021: 9 annual reports, 14 quarterly reports, 69 major events, 86 insider forms, 38 large holders, 1 private raises, 65 other. The latest 20:

Sep 28, 2026S-8 EDGAR
Sep 18, 20264 EDGAR
Sep 18, 20264 EDGAR
Sep 16, 20268-K EDGAR
Aug 17, 20264 EDGAR
Aug 14, 2026SCHEDULE 13G/A EDGAR
Aug 11, 20264 EDGAR
Aug 11, 20263 EDGAR
Aug 11, 20268-K EDGAR
Aug 10, 202610-Q EDGAR
Aug 10, 20268-K EDGAR
Jul 29, 20264 EDGAR
Jul 29, 20264 EDGAR
Jul 29, 20264 EDGAR
Jul 29, 2026ARS EDGAR
Jul 29, 2026DEFA14A EDGAR
Jul 29, 2026DEF 14A EDGAR
Jul 27, 20263 EDGAR
Jul 21, 20268-K EDGAR
Jul 1, 20268-K EDGAR

The 282 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

10 open-market trades by officers, directors and large owners since October 2021: 6 buys and 4 sales. Grants, option exercises and gifts are left out.

Date	Who	Trade	Shares	Price	Value	Filing
Aug 18, 2025	McConnell Michael JDirector	Buy	10,000	$4.64	$46.4K	Form 4
Aug 14, 2025	Towe Steven MarkChief Executive Officer	Buy	23,157	$4.42	$102.4K	Form 4
Dec 6, 2024	Lewis Catherine JChief Customer Officer	Sale	187,990	$6.73	$1.3M	Form 4
Dec 5, 2024	Lewis Catherine JChief Customer Officer	Sale	82,010	$7.05	$578.2K	Form 4
Nov 21, 2022	CASEY MICHAEL JDirector	Buy	20,000	$2.97	$59.4K	Form 4
May 17, 2022	Frumberg CharlesDirector	Sale	27,699	$2.25	$62.3K	Form 4
May 16, 2022	Frumberg CharlesDirector	Sale	11,716	$2.24	$26.2K	Form 4
Mar 16, 2022	Towe Steven MarkChief Executive Officer	Buy	31,754	$3.15	$100.0K	Form 4
Mar 16, 2022	Brodsky MichaelDirector	Buy	17,774	$3.11	$55.3K	Form 4
Mar 15, 2022	Brodsky MichaelDirector	Buy	18,226	$2.91	$53.0K	Form 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

DISCIPLINED GROWTH INVESTORS INC /MNSCHEDULE 13G/A, 8 filings Nov 14, 2024 to Aug 14, 2026³⁶
VANGUARD GROUP INCSCHEDULE 13G/A, 4 filings Feb 10, 2022 to Mar 27, 2026³⁷
Private Capital Management, LLCSCHEDULE 13D/A, 7 filings Feb 4, 2022 to Feb 21, 2025³⁸
Lynrock Lake LPSC 13G/A, 3 filings Feb 14, 2022 to Nov 14, 2024³⁹
BlackRockSC 13G, 2 filings Oct 22, 2024 to Nov 8, 2024⁴⁰
NORTH RUN CAPITAL, LPSC 13G/A, 4 filings Feb 14, 2022 to Nov 4, 2024⁴¹
ROYCE & ASSOCIATES LPSC 13G/A, 2 filings Jan 24, 2024 to Oct 30, 2024⁴²
AWM Investment Company, Inc.SC 13G/A, 2 filings Feb 14, 2024 to Jun 10, 2024⁴³
ABRY Senior Equity Holdings V, LLCSC 13D/A, 1 filing Apr 4, 2023⁴⁴
Phoenix Financial Ltd.SC 13G/A, 2 filings Feb 7, 2022 to Feb 14, 2023⁴⁵
CANNELL CAPITAL LLCSC 13G/A, 1 filing Feb 13, 2023⁴⁶

Money raised

Private offerings the company reported to the SEC on Form D.

Oct 1, 2024Raised $70 million in a private offering of equity Form D: 28 investors so far Form D

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

Fund	Shares	Value	Share of the fund	Change
BlackRock, Inc.	10,310,458	$39.5M	0.0%	+343,727
Private Capital Management, LLC	7,462,763	$28.6M	2.6%	−14,095
Disciplined Growth Investors Inc /mn	6,258,600	$24.0M	0.4%	−1,057,572
Private Management Group Inc	5,731,137	$22.0M	0.6%	+218,615
Royce & Associates LP	5,544,177	$21.2M	0.2%	+561,859
325 Capital LLC	5,283,000	$20.2M	4.8%	+1,445,590
Samjo Management, LLC	5,254,422	$20.1M	6.9%	+1,262,305
Vanguard Capital Management LLC	5,121,794	$19.6M	0.0%	+11,142
Dimensional Fund Advisors LP	4,190,798	$16.1M	0.0%	+61,128
CenterBook Partners LP	4,107,647	$15.7M	0.8%	+666,124
Pinnacle Associates Ltd	3,984,734	$15.3M	0.2%	+853,990
Vanguard Portfolio Management LLC	3,912,355	$15.0M	0.0%	+238,317
AWM Investment Company, Inc.	3,840,463	$14.7M	1.3%	−861,043
State Street Corp	3,266,242	$12.5M	0.0%	−109,053
Geode Capital Management, LLC	3,257,398	$12.5M	0.0%	+192,658
Wasatch Advisors LP	2,608,977	$10.0M	0.1%	+367,248
Kopion Asset Management, LLC	2,424,288	$9.3M	5.9%	−12,324
Bandera Partners LLC	2,381,666	$9.1M	3.2%	No change
Kennedy Capital Management LLC	2,352,695	$9.0M	0.2%	+339,040
Grizzlyrock Capital, LLC	1,794,303	$6.9M	4.8%	+1,392,881
Lynrock Lake LP	1,417,873	$5.4M	0.9%	No change
Renaissance Technologies LLC	1,268,663	$4.9M	0.0%	−262,062
UBS Group AG	1,163,856	$4.5M	0.0%	+485,073
1492 Capital Management LLC	1,159,473	$4.4M	1.3%	−77,690
Northern Trust Corp	1,078,464	$4.1M	0.0%	+15,700

13F reports cover disclosed long positions in U.S. stocks only.

Sources

The numbers on this page point here. Each one links to the record it came from.

1
WikidataPowerFleet on Wikidata
2
SEC EDGARPowerFleet filings on SEC EDGAR
3
Yahoo FinanceAIOT quote
4
SEC EDGARPowerFleet 10-K for fiscal 2026
5
SEC EDGARPowerFleet filings on SEC EDGAR
6
SEC EDGARPowerFleet annual report, Item 1 (Business)
7
SEC EDGARPowerFleet 10-K for fiscal 2019
8
SEC EDGARPowerFleet 10-K for fiscal 2020
9
SEC EDGARPowerFleet 10-K for fiscal 2021
10
SEC EDGARPowerFleet 10-K for fiscal 2022
11
SEC EDGARPowerFleet 10-Q for fiscal 2025
12
SEC EDGARPowerFleet 10-Q for fiscal 2025
13
SEC EDGARPowerFleet 10-Q for fiscal 2026
14
SEC EDGARPowerFleet 10-K for fiscal 2019
15
SEC EDGARPowerFleet 10-K for fiscal 2019
16
SEC EDGARSteven Mark Towe, Chief executive officer
17
SEC EDGARDavid Mahlab, Chief executive officer
18
SEC EDGARNed Mavrommatis, Chief financial officer
19
SEC EDGAROffer Lehmann, Chief operating officer
20
SEC EDGARPaul S. Lalljie, Officer
21
SEC EDGARCatherine J. Lewis, Chief Customer Officer
22
SEC EDGARCharles W. Tasker, Chief Revenue Officer
23
SEC EDGARMelissa Rose Ingram, Officer
24
SEC EDGARJoaquin Fong, "See ""Remarks"" below"
25
SEC EDGARJames Scott Zeitunian, Chief Technology Officer
26
SEC EDGARPatrick John Maley, Chief Revenue Officer
27
SEC EDGARElizabeth Elkins, Chief Product Officer
28
SEC EDGARMichael J. McConnell, Board member
29
SEC EDGARElchanan Maoz, Board member
30
SEC EDGARMedhini Srinivasan, Board member
31
SEC EDGARAnders Bjork, Board member
32
SEC EDGARCharles Frumberg, Board member
33
SEC EDGARMichael Brodsky, Board member
34
SEC EDGARMichael J. Casey, Board member
35
SEC EDGARPowerFleet Form D naming David Wilson
36
SEC EDGARDISCIPLINED GROWTH INVESTORS INC /MN SCHEDULE 13G/A on PowerFleet
37
SEC EDGARVANGUARD GROUP INC SCHEDULE 13G/A on PowerFleet
38
SEC EDGARPrivate Capital Management, LLC SCHEDULE 13D/A on PowerFleet
39
SEC EDGARLynrock Lake LP SC 13G/A on PowerFleet
40
SEC EDGARBlackRock SC 13G on PowerFleet
41
SEC EDGARNORTH RUN CAPITAL, LP SC 13G/A on PowerFleet
42
SEC EDGARROYCE & ASSOCIATES LP SC 13G/A on PowerFleet
43
SEC EDGARAWM Investment Company, Inc. SC 13G/A on PowerFleet
44
SEC EDGARABRY Senior Equity Holdings V, LLC SC 13D/A on PowerFleet
45
SEC EDGARPhoenix Financial Ltd. SC 13G/A on PowerFleet
46
SEC EDGARCANNELL CAPITAL LLC SC 13G/A on PowerFleet