Powerfleet (AIOT) Research & Development (2018 - 2026)
Powerfleet (AIOT) posted Research & Development of $4.7 million for Q1 2026, up 3.59% sequentially from $4.6 million in Q4 2025.
Powerfleet (AIOT) Research & Development (2018 - 2026) Analysis & Trends
Powerfleet has reported Research & Development for 9 years, with the latest figure at $4.7 million in Q1 2026.
- Quarterly Research & Development changed N/A year-over-year to $4.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $18.4 million (changed N/A YoY) and the FY2026 annual result came in at $18.4 million, up 14.31% from the prior year.
- Research & Development rose to $4.7 million in Q1 2026 per AIOT's latest filing, from $4.6 million in the prior quarter.
- Over five years, Research & Development peaked at $6.7 million in Q4 2023 and troughed at $1.7 million in Q1 2023.
- A 5-year average of $3.7 million and a median of $3.6 million in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2023: Research & Development slumped 41.04% in 2022, then jumped 256.18% in 2023.
- Over 5 years, Research & Development stood at $1.9 million in 2022, then surged by 256.18% to $6.7 million in 2023, then decreased by 1.82% to $6.5 million in 2024, then plunged by 30.05% to $4.6 million in 2025, then rose by 3.59% to $4.7 million in 2026.
- According to Business Quant data, Research & Development over the past three periods registered $4.7 million, $4.6 million, and $4.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 10.00 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 339.50 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 4.01 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 1.16 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 669.10 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 276.12 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 396.38 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 60.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 664.96 Mn |
| 10 | Powerfleet | 405.19 Mn | 372.37 Mn | 61.16 Mn | 4.36 Mn |
Historic Data
Download 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 |