Powerfleet (AIOT) Research & Development (2018 - 2026)
Powerfleet's (AIOT) quarterly Research & Development came in at $4.4 million in Q2 2026, down 10.23% year-over-year from $4.9 million in Q2 2025, and down 7.94% quarter-over-quarter from $4.7 million in Q1 2026.
Analysis
Powerfleet (AIOT) Research & Development (2018 - 2026) Analysis & Trends
Powerfleet has disclosed Research & Development across 9 years of filings, most recently posting $4.4 million for Q2 2026.
- In Q2 2026, Research & Development fell 10.23% year-over-year to $4.4 million; the TTM figure through Jun 2026 stood at $17.9 million (down 15.55% YoY), while the FY2026 annual figure was $18.4 million, up 14.31% from the prior year.
- Research & Development came in at $4.4 million for Q2 2026 at Powerfleet, down from $4.7 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $6.7 million in Q4 2023 to a low of $1.7 million in Q1 2023.
- Average Research & Development over 5 years is $3.7 million, with a median of $4.2 million recorded in 2025.
- Year-over-year, Research & Development sank 41.04% in 2022 and soared 256.18% in 2023.
- Over 5 years, Research & Development stood at $1.9 million in 2022, then soared by 256.18% to $6.7 million in 2023, then fell by 1.82% to $6.5 million in 2024, then slumped by 30.05% to $4.6 million in 2025, then slipped by 4.64% to $4.4 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $4.4 million in Q2 2026, $4.7 million in Q1 2026, and $4.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.05 Bn | 22.25 Bn | 361.14 Mn | 203.60 Mn |
| 2 | Manhattan Associates | 12.23 Bn | 12.04 Bn | 168.33 Mn | 34.77 Mn |
| 3 | Descartes Systems | 6.49 Bn | 6.11 Bn | 150.18 Mn | 27.40 Mn |
| 4 | Sps Commerce | 2.89 Bn | 2.72 Bn | 138.79 Mn | 43.94 Mn |
| 5 | Via Transportation | 2.17 Bn | 1.83 Bn | 55.61 Mn | 26.11 Mn |
| 6 | Karooooo | 2.01 Bn | 1.91 Bn | 54.48 Mn | -3.62 Mn |
| 7 | Ituran Location & Control | 1.03 Bn | 925.57 Mn | 53.35 Mn | 5.54 Mn |
| 8 | Verra Mobility | 585.75 Mn | 530.95 Mn | 249.38 Mn | - |
| 9 | Powerfleet | 397.14 Mn | 364.32 Mn | 61.16 Mn | 4.36 Mn |
| 10 | ReposiTrak | 142.32 Mn | 113.61 Mn | 5.00 Mn | 1.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.36 Mn |
| Mar 31, 2026 | 4.74 Mn |
| Dec 31, 2025 | 4.57 Mn |
| Sep 30, 2025 | 4.19 Mn |
| Jun 30, 2025 | 4.86 Mn |
| Sep 30, 2024 | 6.54 Mn |
| Jun 30, 2024 | 3.10 Mn |
| Dec 31, 2023 | 6.66 Mn |
| Sep 30, 2023 | 4.65 Mn |
| Jun 30, 2023 | 2.22 Mn |
| Mar 31, 2023 | 1.72 Mn |
| Dec 31, 2022 | 1.87 Mn |
| Sep 30, 2022 | 1.87 Mn |
| Jun 30, 2022 | 2.00 Mn |
| Mar 31, 2022 | 2.74 Mn |
| Dec 31, 2021 | 3.17 Mn |
| Sep 30, 2021 | 2.74 Mn |
| Jun 30, 2021 | 2.78 Mn |
| Mar 31, 2021 | 2.75 Mn |
| Dec 31, 2020 | 2.31 Mn |