Powerfleet (AIOT) Asset Writedowns and Impairment (2018 - 2026)
Powerfleet's (AIOT) quarterly Asset Writedowns and Impairment came in at $3.0 million in Q2 2026, up 59.38% year-over-year from $1.9 million in Q2 2025, and down 34.12% quarter-over-quarter from $4.5 million in Q1 2026.
Analysis
Powerfleet (AIOT) Asset Writedowns and Impairment (2018 - 2026) Analysis & Trends
Powerfleet has disclosed Asset Writedowns and Impairment across 9 years of filings, most recently posting $3.0 million for Q2 2026.
- In Q2 2026, Asset Writedowns and Impairment rose 59.38% year-over-year to $3.0 million; the TTM figure through Jun 2026 stood at $12.1 million (up 26.5% YoY), while the FY2026 annual figure was $11.0 million, up 16.67% from the prior year.
- Asset Writedowns and Impairment came in at $3.0 million for Q2 2026 at Powerfleet, down from $4.5 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $4.5 million in Q1 2026 to a low of -$616000.0 in Q2 2022.
- Average Asset Writedowns and Impairment over 5 years is $1.6 million, with a median of $1.3 million recorded in 2023.
- Year-over-year, Asset Writedowns and Impairment plunged 334.22% in 2022 and surged 2748.94% in 2023.
- Over 5 years, Asset Writedowns and Impairment stood at $47000.0 in 2022, then surged by 2748.94% to $1.3 million in 2023, then soared by 226.29% to $4.4 million in 2024, then sank by 51.48% to $2.1 million in 2025, then jumped by 39.53% to $3.0 million in 2026.
- Per Business Quant data, the three most recent Asset Writedowns and Impairment figures were $3.0 million in Q2 2026, $4.5 million in Q1 2026, and $2.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Samsara | 23.05 Bn | 22.25 Bn | 361.14 Mn |
| 2 | Manhattan Associates | 12.23 Bn | 12.04 Bn | 168.33 Mn |
| 3 | Descartes Systems | 6.49 Bn | 6.11 Bn | 150.18 Mn |
| 4 | Sps Commerce | 2.89 Bn | 2.72 Bn | 138.79 Mn |
| 5 | Via Transportation | 2.17 Bn | 1.83 Bn | 55.61 Mn |
| 6 | Karooooo | 2.01 Bn | 1.91 Bn | 54.48 Mn |
| 7 | Ituran Location & Control | 1.03 Bn | 925.57 Mn | 53.35 Mn |
| 8 | Verra Mobility | 585.75 Mn | 530.95 Mn | 249.38 Mn |
| 9 | Powerfleet | 397.14 Mn | 364.32 Mn | 61.16 Mn |
| 10 | ReposiTrak | 142.32 Mn | 113.61 Mn | 5.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.96 Mn |
| Mar 31, 2026 | 4.49 Mn |
| Dec 31, 2025 | 2.12 Mn |
| Sep 30, 2025 | 2.52 Mn |
| Jun 30, 2025 | 1.86 Mn |
| Sep 30, 2024 | 4.37 Mn |
| Jun 30, 2024 | 1.99 Mn |
| Dec 31, 2023 | 1.34 Mn |
| Sep 30, 2023 | 933,000.00 |
| Jun 30, 2023 | 598,000.00 |
| Mar 31, 2023 | 428,000.00 |
| Dec 31, 2022 | 47,000.00 |
| Sep 30, 2022 | 466,000.00 |
| Jun 30, 2022 | -616,000.00 |
| Mar 31, 2022 | 252,000.00 |
| Dec 31, 2021 | 173,000.00 |
| Sep 30, 2021 | 293,000.00 |
| Jun 30, 2021 | 263,000.00 |
| Mar 31, 2021 | 268,000.00 |
| Dec 31, 2020 | 395,000.00 |