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Side-by-side financial comparison of Powerfleet, Inc. (AIOT) and SAUL CENTERS, INC. (BFS). Click either name above to swap in a different company.
Powerfleet, Inc. is the larger business by last-quarter revenue ($113.5M vs $75.1M, roughly 1.5× SAUL CENTERS, INC.). SAUL CENTERS, INC. runs the higher net margin — 8.7% vs -3.0%, a 11.6% gap on every dollar of revenue. On growth, SAUL CENTERS, INC. posted the faster year-over-year revenue change (10.6% vs 6.6%). Over the past eight quarters, Powerfleet, Inc.'s revenue compounded faster (81.2% CAGR vs 6.2%).
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.
Saul Centers, Inc. is a self-administered real estate investment trust (REIT) headquartered in the United States. It primarily owns, operates, and develops high-quality shopping centers, mixed-use properties, and multifamily residential assets, with its core portfolio concentrated in the Washington D.C. metropolitan area and other select high-growth U.S. regional markets.
AIOT vs BFS — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $113.5M | $75.1M |
| Net Profit | $-3.4M | $6.5M |
| Gross Margin | 55.2% | — |
| Operating Margin | 5.6% | 65.4% |
| Net Margin | -3.0% | 8.7% |
| Revenue YoY | 6.6% | 10.6% |
| Net Profit YoY | 76.6% | -19.6% |
| EPS (diluted) | $-0.03 | $0.15 |
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 | $113.5M | $75.1M | ||
| Q3 25 | $111.7M | $72.0M | ||
| Q2 25 | $104.1M | $70.8M | ||
| Q1 25 | $103.6M | $71.9M | ||
| Q4 24 | $106.4M | $67.9M | ||
| Q3 24 | $77.0M | $67.3M | ||
| Q2 24 | $75.4M | $66.9M | ||
| Q1 24 | — | $66.7M |
| Q4 25 | $-3.4M | $6.5M | ||
| Q3 25 | $-4.3M | $10.5M | ||
| Q2 25 | $-10.2M | $10.7M | ||
| Q1 25 | $-12.4M | $9.8M | ||
| Q4 24 | $-14.3M | $8.1M | ||
| Q3 24 | $-1.9M | $14.5M | ||
| Q2 24 | $-22.3M | $14.4M | ||
| Q1 24 | — | $13.6M |
| Q4 25 | 55.2% | — | ||
| Q3 25 | 56.0% | — | ||
| Q2 25 | 54.2% | — | ||
| Q1 25 | 52.8% | — | ||
| Q4 24 | 55.2% | — | ||
| Q3 24 | 53.7% | 73.6% | ||
| Q2 24 | 52.6% | 74.2% | ||
| Q1 24 | — | 72.8% |
| Q4 25 | 5.6% | 65.4% | ||
| Q3 25 | 3.8% | 69.1% | ||
| Q2 25 | -2.0% | 68.7% | ||
| Q1 25 | -6.7% | 66.5% | ||
| Q4 24 | -1.2% | 82.9% | ||
| Q3 24 | 0.7% | 72.8% | ||
| Q2 24 | -24.2% | 75.0% | ||
| Q1 24 | — | 72.4% |
| Q4 25 | -3.0% | 8.7% | ||
| Q3 25 | -3.8% | 14.6% | ||
| Q2 25 | -9.8% | 15.1% | ||
| Q1 25 | -12.0% | 13.6% | ||
| Q4 24 | -13.5% | 11.9% | ||
| Q3 24 | -2.5% | 21.5% | ||
| Q2 24 | -29.6% | 21.6% | ||
| Q1 24 | — | 20.4% |
| Q4 25 | $-0.03 | $0.15 | ||
| Q3 25 | $-0.03 | $0.32 | ||
| Q2 25 | $-0.08 | $0.33 | ||
| Q1 25 | $-0.09 | $0.29 | ||
| Q4 24 | $-0.11 | $0.22 | ||
| Q3 24 | $-0.02 | $0.48 | ||
| Q2 24 | $-0.21 | $0.48 | ||
| Q1 24 | — | $0.45 |
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 | $8.7M |
| Total DebtLower is stronger | $237.8M | $468.4M |
| Stockholders' EquityBook value | $485.0M | $307.8M |
| Total Assets | $959.5M | $2.2B |
| Debt / EquityLower = less leverage | 0.49× | 1.52× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.2M | $8.7M | ||
| Q3 25 | $27.9M | $11.8M | ||
| Q2 25 | $31.2M | $5.3M | ||
| Q1 25 | $44.4M | $6.5M | ||
| Q4 24 | $33.6M | $10.3M | ||
| Q3 24 | $26.0M | $7.2M | ||
| Q2 24 | $30.2M | $6.9M | ||
| Q1 24 | — | $7.1M |
| Q4 25 | $237.8M | $468.4M | ||
| Q3 25 | $238.2M | $1.6B | ||
| Q2 25 | $239.0M | $1.6B | ||
| Q1 25 | $237.5M | $1.5B | ||
| Q4 24 | $238.5M | $455.8M | ||
| Q3 24 | $113.6M | $1.5B | ||
| Q2 24 | $113.7M | $1.4B | ||
| Q1 24 | — | $1.4B |
| Q4 25 | $485.0M | $307.8M | ||
| Q3 25 | $468.8M | $316.6M | ||
| Q2 25 | $460.7M | $322.4M | ||
| Q1 25 | $446.6M | $328.4M | ||
| Q4 24 | $458.4M | $335.8M | ||
| Q3 24 | $451.0M | $341.8M | ||
| Q2 24 | $390.4M | $345.7M | ||
| Q1 24 | — | $347.1M |
| Q4 25 | $959.5M | $2.2B | ||
| Q3 25 | $936.9M | $2.2B | ||
| Q2 25 | $930.8M | $2.1B | ||
| Q1 25 | $910.1M | $2.1B | ||
| Q4 24 | $908.7M | $2.1B | ||
| Q3 24 | $748.3M | $2.1B | ||
| Q2 24 | $684.9M | $2.1B | ||
| Q1 24 | — | $2.0B |
| Q4 25 | 0.49× | 1.52× | ||
| Q3 25 | 0.51× | 5.02× | ||
| Q2 25 | 0.52× | 4.85× | ||
| Q1 25 | 0.53× | 4.70× | ||
| Q4 24 | 0.52× | 1.36× | ||
| Q3 24 | 0.25× | 4.37× | ||
| Q2 24 | 0.29× | 4.17× | ||
| Q1 24 | — | 4.06× |
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 | $10.2M | $99.8M |
| Free Cash FlowOCF − Capex | $4.9M | — |
| FCF MarginFCF / Revenue | 4.4% | — |
| Capex IntensityCapex / Revenue | 4.6% | — |
| Cash ConversionOCF / Net Profit | — | 15.35× |
| TTM Free Cash FlowTrailing 4 quarters | $12.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.2M | $99.8M | ||
| Q3 25 | $5.5M | $20.6M | ||
| Q2 25 | $4.7M | $26.6M | ||
| Q1 25 | $13.5M | $30.4M | ||
| Q4 24 | $-6.1M | $121.2M | ||
| Q3 24 | $-3.2M | $26.5M | ||
| Q2 24 | $-7.6M | $32.1M | ||
| Q1 24 | — | $33.8M |
| Q4 25 | $4.9M | — | ||
| Q3 25 | $1.2M | — | ||
| Q2 25 | $-3.4M | — | ||
| Q1 25 | $10.1M | — | ||
| Q4 24 | $-12.2M | — | ||
| Q3 24 | $-8.0M | $-28.3M | ||
| Q2 24 | $-13.2M | $-12.5M | ||
| Q1 24 | — | $-11.7M |
| Q4 25 | 4.4% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | -3.3% | — | ||
| Q1 25 | 9.8% | — | ||
| Q4 24 | -11.5% | — | ||
| Q3 24 | -10.4% | -42.1% | ||
| Q2 24 | -17.5% | -18.7% | ||
| Q1 24 | — | -17.6% |
| Q4 25 | 4.6% | — | ||
| Q3 25 | 3.9% | — | ||
| Q2 25 | 7.8% | — | ||
| Q1 25 | 3.3% | — | ||
| Q4 24 | 5.8% | — | ||
| Q3 24 | 6.3% | 81.5% | ||
| Q2 24 | 7.4% | 66.7% | ||
| Q1 24 | — | 68.3% |
| Q4 25 | — | 15.35× | ||
| Q3 25 | — | 1.97× | ||
| Q2 25 | — | 2.48× | ||
| Q1 25 | — | 3.10× | ||
| Q4 24 | — | 14.98× | ||
| Q3 24 | — | 1.83× | ||
| Q2 24 | — | 2.22× | ||
| Q1 24 | — | 2.48× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AIOT
| Services | $91.1M | 80% |
| Products | $22.4M | 20% |
BFS
Segment breakdown not available.
