vs
Side-by-side financial comparison of Powerfleet, Inc. (AIOT) and BYLINE BANCORP, INC. (BY). Click either name above to swap in a different company.
Powerfleet, Inc. is the larger business by last-quarter revenue ($113.5M vs $112.4M, roughly 1.0× BYLINE BANCORP, INC.). BYLINE BANCORP, INC. runs the higher net margin — 33.4% vs -3.0%, a 36.4% gap on every dollar of revenue. On growth, BYLINE BANCORP, INC. posted the faster year-over-year revenue change (9.0% vs 6.6%). Over the past eight quarters, Powerfleet, Inc.'s revenue compounded faster (81.2% CAGR vs 6.4%).
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.
Byline Bank is a bank headquartered in Chicago, Illinois, United States. It is the primary subsidiary of Byline Bancorp, Inc., a bank holding company, and the 4th largest SBA 7(a) lender.
AIOT vs BY — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $113.5M | $112.4M |
| Net Profit | $-3.4M | $37.6M |
| Gross Margin | 55.2% | — |
| Operating Margin | 5.6% | — |
| Net Margin | -3.0% | 33.4% |
| Revenue YoY | 6.6% | 9.0% |
| Net Profit YoY | 76.6% | 33.0% |
| EPS (diluted) | $-0.03 | $0.83 |
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.
| Q1 26 | — | $112.4M | ||
| Q4 25 | $113.5M | $117.0M | ||
| Q3 25 | $111.7M | $115.7M | ||
| Q2 25 | $104.1M | $110.5M | ||
| Q1 25 | $103.6M | $103.1M | ||
| Q4 24 | $106.4M | $104.7M | ||
| Q3 24 | $77.0M | $101.8M | ||
| Q2 24 | $75.4M | $99.4M |
| Q1 26 | — | $37.6M | ||
| Q4 25 | $-3.4M | $34.5M | ||
| Q3 25 | $-4.3M | $37.2M | ||
| Q2 25 | $-10.2M | $30.1M | ||
| Q1 25 | $-12.4M | $28.2M | ||
| Q4 24 | $-14.3M | $30.3M | ||
| Q3 24 | $-1.9M | $30.3M | ||
| Q2 24 | $-22.3M | $29.7M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 5.6% | 40.1% | ||
| Q3 25 | 3.8% | 43.1% | ||
| Q2 25 | -2.0% | 35.2% | ||
| Q1 25 | -6.7% | 36.4% | ||
| Q4 24 | -1.2% | 38.6% | ||
| Q3 24 | 0.7% | 39.3% | ||
| Q2 24 | -24.2% | 40.4% |
| Q1 26 | — | 33.4% | ||
| Q4 25 | -3.0% | 34.1% | ||
| Q3 25 | -3.8% | 32.1% | ||
| Q2 25 | -9.8% | 27.2% | ||
| Q1 25 | -12.0% | 27.4% | ||
| Q4 24 | -13.5% | 34.3% | ||
| Q3 24 | -2.5% | 29.8% | ||
| Q2 24 | -29.6% | 29.9% |
| Q1 26 | — | $0.83 | ||
| Q4 25 | $-0.03 | $0.77 | ||
| Q3 25 | $-0.03 | $0.82 | ||
| Q2 25 | $-0.08 | $0.66 | ||
| Q1 25 | $-0.09 | $0.64 | ||
| Q4 24 | $-0.11 | $0.68 | ||
| Q3 24 | $-0.02 | $0.69 | ||
| Q2 24 | $-0.21 | $0.68 |
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 | $198.4M |
| Total DebtLower is stronger | $237.8M | — |
| Stockholders' EquityBook value | $485.0M | $1.3B |
| Total Assets | $959.5M | $9.9B |
| Debt / EquityLower = less leverage | 0.49× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $198.4M | ||
| Q4 25 | $31.2M | $149.1M | ||
| Q3 25 | $27.9M | $259.0M | ||
| Q2 25 | $31.2M | $218.3M | ||
| Q1 25 | $44.4M | $421.3M | ||
| Q4 24 | $33.6M | $563.1M | ||
| Q3 24 | $26.0M | $452.6M | ||
| Q2 24 | $30.2M | $730.5M |
| Q1 26 | — | — | ||
| Q4 25 | $237.8M | — | ||
| Q3 25 | $238.2M | — | ||
| Q2 25 | $239.0M | — | ||
| Q1 25 | $237.5M | — | ||
| Q4 24 | $238.5M | — | ||
| Q3 24 | $113.6M | — | ||
| Q2 24 | $113.7M | — |
| Q1 26 | — | $1.3B | ||
| Q4 25 | $485.0M | $1.3B | ||
| Q3 25 | $468.8M | $1.2B | ||
| Q2 25 | $460.7M | $1.2B | ||
| Q1 25 | $446.6M | $1.1B | ||
| Q4 24 | $458.4M | $1.1B | ||
| Q3 24 | $451.0M | $1.1B | ||
| Q2 24 | $390.4M | $1.0B |
| Q1 26 | — | $9.9B | ||
| Q4 25 | $959.5M | $9.7B | ||
| Q3 25 | $936.9M | $9.8B | ||
| Q2 25 | $930.8M | $9.7B | ||
| Q1 25 | $910.1M | $9.6B | ||
| Q4 24 | $908.7M | $9.5B | ||
| Q3 24 | $748.3M | $9.4B | ||
| Q2 24 | $684.9M | $9.6B |
| Q1 26 | — | — | ||
| 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× | — |
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 | — |
| Free Cash FlowOCF − Capex | $4.9M | — |
| FCF MarginFCF / Revenue | 4.4% | — |
| Capex IntensityCapex / Revenue | 4.6% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $12.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $10.2M | $140.3M | ||
| Q3 25 | $5.5M | $38.3M | ||
| Q2 25 | $4.7M | $16.3M | ||
| Q1 25 | $13.5M | $27.1M | ||
| Q4 24 | $-6.1M | $175.2M | ||
| Q3 24 | $-3.2M | $19.8M | ||
| Q2 24 | $-7.6M | $40.1M |
| Q1 26 | — | — | ||
| Q4 25 | $4.9M | $136.3M | ||
| Q3 25 | $1.2M | $38.0M | ||
| Q2 25 | $-3.4M | $15.2M | ||
| Q1 25 | $10.1M | $25.0M | ||
| Q4 24 | $-12.2M | $171.2M | ||
| Q3 24 | $-8.0M | $19.1M | ||
| Q2 24 | $-13.2M | $39.4M |
| Q1 26 | — | — | ||
| Q4 25 | 4.4% | 116.5% | ||
| Q3 25 | 1.1% | 32.8% | ||
| Q2 25 | -3.3% | 13.7% | ||
| Q1 25 | 9.8% | 24.3% | ||
| Q4 24 | -11.5% | 163.5% | ||
| Q3 24 | -10.4% | 18.8% | ||
| Q2 24 | -17.5% | 39.7% |
| Q1 26 | — | — | ||
| Q4 25 | 4.6% | 3.4% | ||
| Q3 25 | 3.9% | 0.3% | ||
| Q2 25 | 7.8% | 1.0% | ||
| Q1 25 | 3.3% | 2.0% | ||
| Q4 24 | 5.8% | 3.8% | ||
| Q3 24 | 6.3% | 0.6% | ||
| Q2 24 | 7.4% | 0.7% |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.06× | ||
| Q3 25 | — | 1.03× | ||
| Q2 25 | — | 0.54× | ||
| Q1 25 | — | 0.96× | ||
| Q4 24 | — | 5.78× | ||
| Q3 24 | — | 0.65× | ||
| Q2 24 | — | 1.35× |
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% |
BY
Segment breakdown not available.
