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PowerFleet, Inc. AIOT Business Segments — Non-controlling interest

Similar metrics at other companies

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HGTYNon-controlling interest
$800K+14.3%
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HGTYNon-controlling interest
$800K+14.3%
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AGOAsset Management — Less: Noncontrolling interest
$0
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HBANCommercial Banking — Income attributable to non-controlling interest
$4M-33.3%
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ARCCIvy Hill Asset Management, L.P. — Less: Net income (loss) attributable to non-controlling interests in Consolidated IHAM Vehicles
$0
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SRESempra Infrastructure — Net income, Non-controlling interest (after tax)
$141M+207%

Other financials

Income statement

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Revenue$110.8M+6.4%
Gross profit$61.2M+8.3%
Operating income$270.0K+113%
Net income-$8.3M+19.3%
EPS (diluted)-$0.06+25.0%

Balance sheet

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Cash & equivalents$36.7M+3.0%
Total debt$338.0M+7.2%
Total equity$482.6M+4.7%
Total assets$962.6M+3.4%

Cash flow

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Operating cash flow$8.4M+78.8%
CapEx$4.9M-39.9%
Free cash flow$3.6M+205%

Valuation

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Market cap$410.73M-20.5%
Enterprise value$712.04M-10.6%
P/S0.9×-0.4×

Profitability

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Gross margin55.7%+1.7pp
Operating margin4.9%+3.6pp
Net margin-4.1%-1.5pp
FCF margin3.5%

Returns & leverage

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Return on equity-3.9%-1.4pp
Debt / equity0.7×0.0×
Current ratio1.1×0.0×

Where this comes from

Reported directly by PowerFleet, Inc. in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLossAttributableToNoncontrollingInterest.

The source filing: PowerFleet, Inc.’s 10-Q, filed August 10, 2026.

Filed
Aug 10, 2026, 4:08 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001628280-26-055222
Line itemThree Months Ended June 30, 20252026
Depreciation and amortization2,7902,282
Interest income196234
Interest expense(6,786)(6,983)
Other expense(1,243)(405)
Income tax expense(362)(1,373)
Net loss(10,234)(8,257)
Non-controlling interest(183)
Net loss attributable to common stockholders$(10,234)$(8,440)

Item 1. Financial Statements (Unaudited)

FAQ

What is PowerFleet, Inc.'s business segments — non-controlling interest?
PowerFleet, Inc. (AIOT) reported business segments — non-controlling interest of $183K in Q2 2026.
What does business segments — non-controlling interest mean?
The portion of the AIoT Asset Management segment's net income or loss that is attributable to minority shareholders or external partners. This metric is essential for understanding the economic interest retained by the parent company versus third parties.

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