Powerfleet AIOT
NASDAQ AIOT
$2.96 -0.06 (-1.99%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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