What is PowerFleet, Inc.'s net debt?

PowerFleet, Inc. (AIOT) reported net debt of $260.42M in Q1 2026.

How has PowerFleet, Inc.'s net debt changed year-over-year?

PowerFleet, Inc.'s net debt decreased by 5.3% year-over-year, from $275.06M to $260.42M.

What is the long-term trend for PowerFleet, Inc.'s net debt?

Over 5 years (2021 to 2026), PowerFleet, Inc.'s net debt has grown at a 130.6% compound annual growth rate (CAGR), from -$4M to $260.42M.

What does net debt mean?

Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.

PowerFleet, Inc. AIOT Net debt

Discontinued — last reported Q4 '26

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Other financials

Income statement

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Revenue$114.5M+10.5%

Gross profit$64.7M+18.1%

Operating income$11.0M+258%

Net income-$2.7M+78.6%

EPS (diluted)-$0.02+80.0%

Balance sheet

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Cash & equivalents$36.5M-25.2%

Total debt$296.9M-8.3%

Total equity$475.5M+6.5%

Total assets$955.6M+5.0%

Cash flow

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Operating cash flow$10.0M—

CapEx$3.9M+14.7%

Free cash flow$6.1M—

Valuation

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Market cap$497.81M-17.3%

Enterprise value$758.23M-13.5%

P/S1.1×-0.5×

Profitability

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Gross margin55.5%+1.9pp

Operating margin4.4%+2.7pp

Net margin-4.6%-1.9pp

FCF margin2%—

Returns & leverage

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Return on equity-4.5%-2.0pp

Debt / equity0.6×-0.1×

Current ratio1.1×0.0×

Where this comes from

Calculated from PowerFleet, Inc.’s reported figures.

$296.9Mtotal debt−$36.5Mcash and equivalents=$260.42M

The official record: PowerFleet, Inc.’s 10-K, filed June 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is PowerFleet, Inc.'s net debt?: PowerFleet, Inc. (AIOT) reported net debt of $260.42M in Q1 2026.
How has PowerFleet, Inc.'s net debt changed year-over-year?: PowerFleet, Inc.'s net debt decreased by 5.3% year-over-year, from $275.06M to $260.42M.
What is the long-term trend for PowerFleet, Inc.'s net debt?: Over 5 years (2021 to 2026), PowerFleet, Inc.'s net debt has grown at a 130.6% compound annual growth rate (CAGR), from -$4M to $260.42M.
What does net debt mean?: Total debt minus cash and equivalents at the quarter end. The debt that would remain if the company used all its cash to pay down borrowings.