PowerFleet, Inc. (AIOT)

PowerFleet's stock price has been influenced by financial performance and strategic acquisitions. The company's share price experienced an 18.66% decline between December 23, 2024, and December 19, 2025. In Q3 2025, PowerFleet reported a 45% year-over-year increase in revenue and a 77% increase in adjusted EBITDA, increasing its full-year guidance. In Q4 2025, PowerFleet reported a 26% total revenue growth for fiscal year 2025 and a 65% increase in annual adjusted EBITDA. In Q1 FY2026, the company reported a 38% year-over-year increase in total revenue and a 58% increase in adjusted EBITDA, leading to a 13.44% stock gain. Powerfleet announced a major partnership with MTN Business to scale AIoT adoption. PowerFleet actively participated in investor conferences to communicate its strategy and performance. In Q2 2026, PowerFleet reported an EPS of $0.02, meeting consensus estimates, and quarterly revenue of $111.68 million, exceeding analysts' expectations, resulting in a 4.9% stock gain.

Specific details on the demand seasonality for PowerFleet's products and services are not extensively detailed in the provided information, but Seeking Alpha offers tools to identify seasonal patterns. The company serves a wide range of commercial and governmental sectors, including transportation, logistics, and agriculture, which can have varying seasonal demands.

PowerFleet, Inc. is a global leader in AIoT SaaS for the mobile asset industry, operating in the Technology sector, specifically the Software - Infrastructure industry. PowerFleet unifies business operations by integrating data from various sources, delivering actionable insights to enhance safety, save time, and reduce costs. Its Unity platform offers six key applications, improving operational efficiencies for managing high-value enterprise assets. The company serves diverse commercial and government sectors, with approximately 75% of sales being recurring revenue from 1.9 million subscribers across 7,500 customers worldwide.

PowerFleet, Inc. is headquartered in Woodcliff Lake, New Jersey, United States, and has a significant global presence with offices around the world and a physical presence in more than 120 countries, supported by over 130 partners. PowerFleet provides AIoT solutions across North America, Israel, Africa, Europe, the Middle East, and Australia.

PowerFleet has maintained a strong ethical reputation, supported by the acquisition of Fleet Complete, which brought a formal global business integrity policy. The company has been recognized by ABI Research as one of the seven most innovative global tech companies. Strategic partnerships, such as the one with MTN Business, enhance its reputation by expanding market access. The company's focus on AI-powered data solutions that optimize mobile asset performance, safety, and sustainability contributes positively to its brand image.

PowerFleet, Inc. is primarily owned by institutional shareholders, who hold approximately 84.75% of the company's stock. Insiders own about 22.12% of PowerFleet, while retail investors hold 0.00%. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., Private Capital Management LLC, Disciplined Growth Investors Inc, Voss Capital LP, Private Management Group Inc, AWM Investment Company Inc, Royce Associates LP, and State Street Corp. Cannell Capital LLC is the largest individual shareholder, owning 5.11% of the company, and PowerFleet's CEO, Steve Towe, holds 0.5% of the shares.