Powerfleet (AIOT) Research & Development (2018 - 2026)
Powerfleet (AIOT) recorded Research & Development of $4.36 million in fiscal Q1 2027 (quarter ended Jun 30, 2026), down 10.2% from $4.86 million a year earlier and down 7.9% from the prior quarter.
Powerfleet (AIOT) Research & Development (2018 - 2026) Analysis & Trends
On a TTM basis, Powerfleet's Research & Development came in at $17.86 million as of Jun 30, 2026, up 8.2% year-over-year; for FY2026 (ended Mar 31, 2026), it was $18.36 million, up 14.3% from FY2025.
- Annual Research & Development has a five-year compound annual growth rate of 9.9% (FY2021 to FY2026).
- Across earlier fiscal years, Research & Development came in at $16.06 million in FY2025, $11.16 million in FY2024 (+33.1%), $8.38 million in FY2023 (-1.1%) and $8.47 million in FY2022 (-25.9%).
- Quarterly Research & Development has ranged from $3.1 million in fiscal Q2 2025 to $6.54 million in fiscal Q3 2025 over the past five years.
- Per Business Quant, the preceding three fiscal quarters came in at $4.74 million (Q4 2026), $4.57 million (Q3 2026) and $4.19 million (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 222.92 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 102.56 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 109.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 115.71 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 177.10 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 92.20 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 34.77 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 107.00 Mn |
| 10 | Powerfleet | 351.67 Mn | 229.43 Mn | 61.16 Mn | 4.36 Mn |
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 |
| Dec 31, 2024 | 4.62 Mn |
| Sep 30, 2024 | 3.44 Mn |
| Jun 30, 2024 | 3.10 Mn |
| Dec 31, 2023 | 2.01 Mn |
| Sep 30, 2023 | 2.43 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 |
Powerfleet Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=AIOT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "AIOT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=AIOT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();