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Side-by-side financial comparison of Acadian Asset Management Inc. (AAMI) and Powerfleet, Inc. (AIOT). Click either name above to swap in a different company.

Acadian Asset Management Inc. is the larger business by last-quarter revenue ($172.2M vs $113.5M, roughly 1.5× Powerfleet, Inc.). Acadian Asset Management Inc. runs the higher net margin — 20.2% vs -3.0%, a 23.1% gap on every dollar of revenue. On growth, Powerfleet, Inc. posted the faster year-over-year revenue change (6.6% vs 2.6%). Over the past eight quarters, Powerfleet, Inc.'s revenue compounded faster (81.2% CAGR vs 27.6%).

United Asset Management was an American holding company headquartered in Boston, Massachusetts.

Powerfleet, Inc. is an American company headquartered in Woodcliff Lake, New Jersey, that operates as a global provider of IoT and M2M solutions for securing, controlling, and tracking high-value enterprise assets. The company is a provider in the international telematics industry, providing fleet management, asset tracking, freight visibility, and driver behavior monitoring for industrial trucks, vehicle fleets, and shipping containers.

AAMI vs AIOT — Head-to-Head

Bigger by revenue
AAMI
AAMI
1.5× larger
AAMI
$172.2M
$113.5M
AIOT
Growing faster (revenue YoY)
AIOT
AIOT
+4.0% gap
AIOT
6.6%
2.6%
AAMI
Higher net margin
AAMI
AAMI
23.1% more per $
AAMI
20.2%
-3.0%
AIOT
Faster 2-yr revenue CAGR
AIOT
AIOT
Annualised
AIOT
81.2%
27.6%
AAMI

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
AAMI
AAMI
AIOT
AIOT
Revenue
$172.2M
$113.5M
Net Profit
$34.7M
$-3.4M
Gross Margin
55.2%
Operating Margin
33.3%
5.6%
Net Margin
20.2%
-3.0%
Revenue YoY
2.6%
6.6%
Net Profit YoY
-18.4%
76.6%
EPS (diluted)
$0.97
$-0.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AAMI
AAMI
AIOT
AIOT
Q4 25
$172.2M
$113.5M
Q3 25
$144.2M
$111.7M
Q2 25
$127.4M
$104.1M
Q1 25
$119.9M
$103.6M
Q4 24
$167.8M
$106.4M
Q3 24
$123.1M
$77.0M
Q2 24
$109.0M
$75.4M
Q1 24
$105.7M
Net Profit
AAMI
AAMI
AIOT
AIOT
Q4 25
$34.7M
$-3.4M
Q3 25
$15.1M
$-4.3M
Q2 25
$10.1M
$-10.2M
Q1 25
$20.1M
$-12.4M
Q4 24
$42.5M
$-14.3M
Q3 24
$16.9M
$-1.9M
Q2 24
$11.0M
$-22.3M
Q1 24
$14.6M
Gross Margin
AAMI
AAMI
AIOT
AIOT
Q4 25
55.2%
Q3 25
56.0%
Q2 25
54.2%
Q1 25
52.8%
Q4 24
55.2%
Q3 24
53.7%
Q2 24
52.6%
Q1 24
Operating Margin
AAMI
AAMI
AIOT
AIOT
Q4 25
33.3%
5.6%
Q3 25
18.4%
3.8%
Q2 25
12.7%
-2.0%
Q1 25
26.6%
-6.7%
Q4 24
38.7%
-1.2%
Q3 24
21.9%
0.7%
Q2 24
18.9%
-24.2%
Q1 24
21.7%
Net Margin
AAMI
AAMI
AIOT
AIOT
Q4 25
20.2%
-3.0%
Q3 25
10.5%
-3.8%
Q2 25
7.9%
-9.8%
Q1 25
16.8%
-12.0%
Q4 24
25.3%
-13.5%
Q3 24
13.7%
-2.5%
Q2 24
10.1%
-29.6%
Q1 24
13.8%
EPS (diluted)
AAMI
AAMI
AIOT
AIOT
Q4 25
$0.97
$-0.03
Q3 25
$0.42
$-0.03
Q2 25
$0.28
$-0.08
Q1 25
$0.54
$-0.09
Q4 24
$1.11
$-0.11
Q3 24
$0.45
$-0.02
Q2 24
$0.29
$-0.21
Q1 24
$0.37

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AAMI
AAMI
AIOT
AIOT
Cash + ST InvestmentsLiquidity on hand
$31.2M
Total DebtLower is stronger
$200.0M
$237.8M
Stockholders' EquityBook value
$485.0M
Total Assets
$677.0M
$959.5M
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AAMI
AAMI
AIOT
AIOT
Q4 25
$31.2M
Q3 25
$27.9M
Q2 25
$31.2M
Q1 25
$44.4M
Q4 24
$33.6M
Q3 24
$26.0M
Q2 24
$30.2M
Q1 24
Total Debt
AAMI
AAMI
AIOT
AIOT
Q4 25
$200.0M
$237.8M
Q3 25
$238.2M
Q2 25
$239.0M
Q1 25
$237.5M
Q4 24
$275.0M
$238.5M
Q3 24
$113.6M
Q2 24
$113.7M
Q1 24
Stockholders' Equity
AAMI
AAMI
AIOT
AIOT
Q4 25
$485.0M
Q3 25
$468.8M
Q2 25
$460.7M
Q1 25
$446.6M
Q4 24
$458.4M
Q3 24
$451.0M
Q2 24
$390.4M
Q1 24
Total Assets
AAMI
AAMI
AIOT
AIOT
Q4 25
$677.0M
$959.5M
Q3 25
$751.4M
$936.9M
Q2 25
$672.3M
$930.8M
Q1 25
$677.3M
$910.1M
Q4 24
$703.2M
$908.7M
Q3 24
$555.2M
$748.3M
Q2 24
$533.1M
$684.9M
Q1 24
$544.9M
Debt / Equity
AAMI
AAMI
AIOT
AIOT
Q4 25
0.49×
Q3 25
0.51×
Q2 25
0.52×
Q1 25
0.53×
Q4 24
0.52×
Q3 24
0.25×
Q2 24
0.29×
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AAMI
AAMI
AIOT
AIOT
Operating Cash FlowLast quarter
$-2.4M
$10.2M
Free Cash FlowOCF − Capex
$4.9M
FCF MarginFCF / Revenue
4.4%
Capex IntensityCapex / Revenue
4.6%
Cash ConversionOCF / Net Profit
-0.07×
TTM Free Cash FlowTrailing 4 quarters
$12.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AAMI
AAMI
AIOT
AIOT
Q4 25
$-2.4M
$10.2M
Q3 25
$-23.9M
$5.5M
Q2 25
$61.6M
$4.7M
Q1 25
$-48.8M
$13.5M
Q4 24
$55.8M
$-6.1M
Q3 24
$69.6M
$-3.2M
Q2 24
$45.7M
$-7.6M
Q1 24
$-40.4M
Free Cash Flow
AAMI
AAMI
AIOT
AIOT
Q4 25
$4.9M
Q3 25
$1.2M
Q2 25
$-3.4M
Q1 25
$10.1M
Q4 24
$-12.2M
Q3 24
$-8.0M
Q2 24
$-13.2M
Q1 24
FCF Margin
AAMI
AAMI
AIOT
AIOT
Q4 25
4.4%
Q3 25
1.1%
Q2 25
-3.3%
Q1 25
9.8%
Q4 24
-11.5%
Q3 24
-10.4%
Q2 24
-17.5%
Q1 24
Capex Intensity
AAMI
AAMI
AIOT
AIOT
Q4 25
4.6%
Q3 25
3.9%
Q2 25
7.8%
Q1 25
3.3%
Q4 24
5.8%
Q3 24
6.3%
Q2 24
7.4%
Q1 24
Cash Conversion
AAMI
AAMI
AIOT
AIOT
Q4 25
-0.07×
Q3 25
-1.58×
Q2 25
6.10×
Q1 25
-2.43×
Q4 24
1.31×
Q3 24
4.12×
Q2 24
4.15×
Q1 24
-2.77×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AAMI
AAMI

Segment breakdown not available.

AIOT
AIOT

Services$91.1M80%
Products$22.4M20%

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