Powerfleet (AIOT) Tax Rate (2019 - 2026)
Powerfleet's (AIOT) quarterly Tax Rate came in at 19.94% in Q2 2026, down 1628.0% year-over-year from 1.31% in Q2 2025, and down 109.84% quarter-over-quarter from 202.59% in Q1 2026.
Analysis
Powerfleet (AIOT) Tax Rate (2019 - 2026) Analysis & Trends
Powerfleet has disclosed Tax Rate across 8 years of filings, most recently posting 19.94% for Q2 2026.
- In Q2 2026, Tax Rate fell 1628.0% year-over-year to 19.94%; the TTM figure through Jun 2026 stood at 117.31% (down 11275.0% YoY), while the FY2026 annual figure was 77.19%, down 6746.0% from the prior year.
- Tax Rate came in at 19.94% for Q2 2026 at Powerfleet, down from 202.59% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 572.09% in Q2 2022 to a low of 801.88% in Q4 2025.
- Average Tax Rate over 5 years is 8.96%, with a median of 4.52% recorded in 2023.
- Year-over-year, Tax Rate surged 57698 bps in 2022 and slumped 57191 bps in 2023.
- Over 5 years, Tax Rate stood at 8.25% in 2022, then surged by 76 bps to 1.95% in 2023, then tumbled by 193 bps to 5.72% in 2024, then sank by 13912 bps to 801.88% in 2025, then surged by 98 bps to 19.94% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 19.94% in Q2 2026, 202.59% in Q1 2026, and 801.88% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Samsara | 23.05 Bn | 22.25 Bn | 361.14 Mn | 9.03% |
| 2 | Manhattan Associates | 12.23 Bn | 12.04 Bn | 168.33 Mn | 25.09% |
| 3 | Descartes Systems | 6.49 Bn | 6.11 Bn | 150.18 Mn | - |
| 4 | Sps Commerce | 2.89 Bn | 2.72 Bn | 138.79 Mn | 34.06% |
| 5 | Via Transportation | 2.17 Bn | 1.83 Bn | 55.61 Mn | -1.03% |
| 6 | Karooooo | 2.01 Bn | 1.91 Bn | 54.48 Mn | -25.59% |
| 7 | Ituran Location & Control | 1.03 Bn | 925.57 Mn | 53.35 Mn | -20.47% |
| 8 | Verra Mobility | 585.75 Mn | 530.95 Mn | 249.38 Mn | -14.10% |
| 9 | Powerfleet | 397.14 Mn | 364.32 Mn | 61.16 Mn | -19.94% |
| 10 | ReposiTrak | 142.32 Mn | 113.61 Mn | 5.00 Mn | 21.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -19.94% |
| Mar 31, 2026 | 202.59% |
| Dec 31, 2025 | -801.88% |
| Sep 30, 2025 | -42.13% |
| Jun 30, 2025 | -3.67% |
| Sep 30, 2024 | -5.72% |
| Jun 30, 2024 | -4.96% |
| Dec 31, 2023 | -1.95% |
| Sep 30, 2023 | -4.52% |
| Jun 30, 2023 | 0.18% |
| Mar 31, 2023 | 7.79% |
| Dec 31, 2022 | -8.25% |
| Sep 30, 2022 | -25.29% |
| Jun 30, 2022 | 572.09% |
| Mar 31, 2022 | 1.20% |
| Dec 31, 2021 | 59.60% |
| Sep 30, 2021 | -5.05% |
| Jun 30, 2021 | -4.89% |
| Mar 31, 2021 | -36.00% |
| Dec 31, 2020 | 114.15% |