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Side-by-side financial comparison of FEDERAL AGRICULTURAL MORTGAGE CORP (AGM) and Powerfleet, Inc. (AIOT). Click either name above to swap in a different company.
Powerfleet, Inc. is the larger business by last-quarter revenue ($113.5M vs $107.5M, roughly 1.1× FEDERAL AGRICULTURAL MORTGAGE CORP). On growth, Powerfleet, Inc. posted the faster year-over-year revenue change (6.6% vs 6.1%). Over the past eight quarters, Powerfleet, Inc.'s revenue compounded faster (81.2% CAGR vs 7.1%).
The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a stockholder-owned, federally chartered corporation established by the U.S. Congress in 1988 under the Agricultural Credit Act of 1987. It was created to establish a secondary market for agricultural real estate and housing mortgage loans, to increase liquidity and the availability of long-term, stable credit for farmers, ranchers, and rural communities.
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.
AGM vs AIOT — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $107.5M | $113.5M |
| Net Profit | — | $-3.4M |
| Gross Margin | — | 55.2% |
| Operating Margin | 56.3% | 5.6% |
| Net Margin | — | -3.0% |
| Revenue YoY | 6.1% | 6.6% |
| Net Profit YoY | — | 76.6% |
| EPS (diluted) | $3.69 | $-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.
| Q4 25 | $107.5M | $113.5M | ||
| Q3 25 | $104.0M | $111.7M | ||
| Q2 25 | $102.6M | $104.1M | ||
| Q1 25 | $94.3M | $103.6M | ||
| Q4 24 | $101.3M | $106.4M | ||
| Q3 24 | $90.3M | $77.0M | ||
| Q2 24 | $89.9M | $75.4M | ||
| Q1 24 | $93.7M | — |
| Q4 25 | — | $-3.4M | ||
| Q3 25 | $55.0M | $-4.3M | ||
| Q2 25 | $54.8M | $-10.2M | ||
| Q1 25 | $49.7M | $-12.4M | ||
| Q4 24 | $56.5M | $-14.3M | ||
| Q3 24 | $49.8M | $-1.9M | ||
| Q2 24 | $47.1M | $-22.3M | ||
| Q1 24 | $53.7M | — |
| 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 | — | — |
| Q4 25 | 56.3% | 5.6% | ||
| Q3 25 | 64.1% | 3.8% | ||
| Q2 25 | 63.8% | -2.0% | ||
| Q1 25 | 66.9% | -6.7% | ||
| Q4 24 | 67.5% | -1.2% | ||
| Q3 24 | 69.0% | 0.7% | ||
| Q2 24 | 65.9% | -24.2% | ||
| Q1 24 | 72.8% | — |
| Q4 25 | — | -3.0% | ||
| Q3 25 | 52.9% | -3.8% | ||
| Q2 25 | 53.4% | -9.8% | ||
| Q1 25 | 52.6% | -12.0% | ||
| Q4 24 | 55.8% | -13.5% | ||
| Q3 24 | 55.2% | -2.5% | ||
| Q2 24 | 52.4% | -29.6% | ||
| Q1 24 | 57.4% | — |
| Q4 25 | $3.69 | $-0.03 | ||
| Q3 25 | $4.44 | $-0.03 | ||
| Q2 25 | $4.48 | $-0.08 | ||
| Q1 25 | $4.01 | $-0.09 | ||
| Q4 24 | $4.62 | $-0.11 | ||
| Q3 24 | $3.86 | $-0.02 | ||
| Q2 24 | $3.68 | $-0.21 | ||
| Q1 24 | $4.28 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $31.2M |
| Total DebtLower is stronger | $30.8B | $237.8M |
| Stockholders' EquityBook value | $1.7B | $485.0M |
| Total Assets | $35.4B | $959.5M |
| Debt / EquityLower = less leverage | 17.93× | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $31.2M | ||
| Q3 25 | — | $27.9M | ||
| Q2 25 | — | $31.2M | ||
| Q1 25 | — | $44.4M | ||
| Q4 24 | — | $33.6M | ||
| Q3 24 | $842.1M | $26.0M | ||
| Q2 24 | $923.0M | $30.2M | ||
| Q1 24 | $745.1M | — |
| Q4 25 | $30.8B | $237.8M | ||
| Q3 25 | $29.2B | $238.2M | ||
| Q2 25 | $28.9B | $239.0M | ||
| Q1 25 | $28.0B | $237.5M | ||
| Q4 24 | $27.5B | $238.5M | ||
| Q3 24 | $27.2B | $113.6M | ||
| Q2 24 | $26.8B | $113.7M | ||
| Q1 24 | $26.8B | — |
| Q4 25 | $1.7B | $485.0M | ||
| Q3 25 | $1.7B | $468.8M | ||
| Q2 25 | $1.5B | $460.7M | ||
| Q1 25 | $1.5B | $446.6M | ||
| Q4 24 | $1.5B | $458.4M | ||
| Q3 24 | $1.5B | $451.0M | ||
| Q2 24 | $1.5B | $390.4M | ||
| Q1 24 | $1.5B | — |
| Q4 25 | $35.4B | $959.5M | ||
| Q3 25 | $33.4B | $936.9M | ||
| Q2 25 | $33.0B | $930.8M | ||
| Q1 25 | $31.8B | $910.1M | ||
| Q4 24 | $31.3B | $908.7M | ||
| Q3 24 | $30.6B | $748.3M | ||
| Q2 24 | $30.2B | $684.9M | ||
| Q1 24 | $29.8B | — |
| Q4 25 | 17.93× | 0.49× | ||
| Q3 25 | 17.31× | 0.51× | ||
| Q2 25 | 18.70× | 0.52× | ||
| Q1 25 | 18.39× | 0.53× | ||
| Q4 24 | 18.48× | 0.52× | ||
| Q3 24 | 18.60× | 0.25× | ||
| Q2 24 | 17.87× | 0.29× | ||
| Q1 24 | 18.11× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $80.1M | $10.2M |
| Free Cash FlowOCF − Capex | — | $4.9M |
| FCF MarginFCF / Revenue | — | 4.4% |
| Capex IntensityCapex / Revenue | 0.0% | 4.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $12.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $80.1M | $10.2M | ||
| Q3 25 | $74.2M | $5.5M | ||
| Q2 25 | $-47.7M | $4.7M | ||
| Q1 25 | $-49.8M | $13.5M | ||
| Q4 24 | $612.6M | $-6.1M | ||
| Q3 24 | $-44.4M | $-3.2M | ||
| Q2 24 | $56.1M | $-7.6M | ||
| Q1 24 | $233.3M | — |
| Q4 25 | — | $4.9M | ||
| Q3 25 | — | $1.2M | ||
| Q2 25 | — | $-3.4M | ||
| Q1 25 | — | $10.1M | ||
| Q4 24 | $607.4M | $-12.2M | ||
| Q3 24 | $-44.4M | $-8.0M | ||
| Q2 24 | $52.6M | $-13.2M | ||
| Q1 24 | $231.7M | — |
| Q4 25 | — | 4.4% | ||
| Q3 25 | — | 1.1% | ||
| Q2 25 | — | -3.3% | ||
| Q1 25 | — | 9.8% | ||
| Q4 24 | 599.8% | -11.5% | ||
| Q3 24 | -49.2% | -10.4% | ||
| Q2 24 | 58.5% | -17.5% | ||
| Q1 24 | 247.3% | — |
| Q4 25 | 0.0% | 4.6% | ||
| Q3 25 | 0.0% | 3.9% | ||
| Q2 25 | 0.0% | 7.8% | ||
| Q1 25 | 0.0% | 3.3% | ||
| Q4 24 | 5.2% | 5.8% | ||
| Q3 24 | 0.1% | 6.3% | ||
| Q2 24 | 4.0% | 7.4% | ||
| Q1 24 | 1.7% | — |
| Q4 25 | — | — | ||
| Q3 25 | 1.35× | — | ||
| Q2 25 | -0.87× | — | ||
| Q1 25 | -1.00× | — | ||
| Q4 24 | 10.84× | — | ||
| Q3 24 | -0.89× | — | ||
| Q2 24 | 1.19× | — | ||
| Q1 24 | 4.34× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AGM
Segment breakdown not available.
AIOT
| Services | $91.1M | 80% |
| Products | $22.4M | 20% |
