Powerfleet (AIOT) Interest Expenses (2018 - 2026)
Powerfleet (AIOT) posted Interest Expenses of $3.9 million for Q1 2026, down 83.1% sequentially from $23.0 million in Q4 2025, and down 92.72% YoY from $53.3 million in Q1 2025.
Powerfleet (AIOT) Interest Expenses (2018 - 2026) Analysis & Trends
Powerfleet has reported Interest Expenses for 9 years, with the latest figure at $3.9 million in Q1 2026.
- Quarterly Interest Expenses fell 92.72% year-over-year to $3.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $3.4 million (down 93.55% YoY) and the FY2026 annual result came in at $58.9 million, up 10.41% from the prior year.
- Interest Expenses declined to $3.9 million in Q1 2026 per AIOT's latest filing, from $23.0 million in the prior quarter.
- Over five years, Interest Expenses peaked at $53.3 million in Q1 2025 and troughed at -$1.9 million in Q4 2022.
- A 5-year average of $13.0 million and a median of $6.5 million in 2023 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2022 and 2024: Interest Expenses tumbled 7025.0% in 2022, then soared 2020.94% in 2024.
- Over 5 years, Interest Expenses stood at -$1.9 million in 2022, then jumped by 175.61% to $1.5 million in 2023, then jumped by 2020.94% to $31.1 million in 2024, then declined by 26.12% to $23.0 million in 2025, then plunged by 83.1% to $3.9 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $3.9 million, $23.0 million, and $23.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 4.23 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 15.96 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 1.44 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 889.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 75.20 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 287.36 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 1.38 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 29.14 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 134.29 Mn |
| 10 | Powerfleet | 405.19 Mn | 372.37 Mn | 61.16 Mn | 20.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.26 Mn |
| Jun 30, 2026 | 20.26 Mn |
| Mar 31, 2026 | 3.88 Mn |
| Mar 31, 2026 | 3.88 Mn |
| Dec 31, 2025 | 22.97 Mn |
| Dec 31, 2025 | 22.97 Mn |
| Sep 30, 2025 | 23.60 Mn |
| Sep 30, 2025 | 23.60 Mn |
| Jun 30, 2025 | 24.06 Mn |
| Jun 30, 2025 | 24.06 Mn |
| Mar 31, 2025 | 53.31 Mn |
| Mar 31, 2025 | 53.31 Mn |
| Dec 31, 2024 | 31.09 Mn |
| Dec 31, 2024 | 31.09 Mn |
| Sep 30, 2024 | 14.74 Mn |
| Sep 30, 2024 | 14.74 Mn |
| Jun 30, 2024 | 14.58 Mn |
| Jun 30, 2024 | 14.58 Mn |
| Mar 31, 2024 | 2.86 Mn |
| Mar 31, 2024 | 2.86 Mn |