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Side-by-side financial comparison of Powerfleet, Inc. (AIOT) and AMICUS THERAPEUTICS, INC. (FOLD). Click either name above to swap in a different company.
AMICUS THERAPEUTICS, INC. is the larger business by last-quarter revenue ($185.2M vs $113.5M, roughly 1.6× Powerfleet, Inc.). AMICUS THERAPEUTICS, INC. runs the higher net margin — 0.9% vs -3.0%, a 3.9% gap on every dollar of revenue. On growth, AMICUS THERAPEUTICS, INC. posted the faster year-over-year revenue change (23.7% vs 6.6%). AMICUS THERAPEUTICS, INC. produced more free cash flow last quarter ($16.0M vs $4.9M). Over the past eight quarters, Powerfleet, Inc.'s revenue compounded faster (81.2% CAGR vs 29.5%).
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.
Amicus Therapeutics, Inc. is a public American biopharmaceutical company based in Philadelphia, Pennsylvania. The company went public in 2007 under the Nasdaq trading symbol FOLD. This followed a 2006 planned offering and subsequent withdrawal, which would have established the trading symbol as AMTX Prior to their IPO, Amicus was funded by a variety of venture capital firms including Radius Ventures, Canaan Partners and New Enterprise Associates.
AIOT vs FOLD — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $113.5M | $185.2M |
| Net Profit | $-3.4M | $1.7M |
| Gross Margin | 55.2% | 85.7% |
| Operating Margin | 5.6% | 8.6% |
| Net Margin | -3.0% | 0.9% |
| Revenue YoY | 6.6% | 23.7% |
| Net Profit YoY | 76.6% | -88.5% |
| EPS (diluted) | $-0.03 | $0.00 |
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 | $185.2M | ||
| Q3 25 | $111.7M | $169.1M | ||
| Q2 25 | $104.1M | $154.7M | ||
| Q1 25 | $103.6M | $125.2M | ||
| Q4 24 | $106.4M | $149.7M | ||
| Q3 24 | $77.0M | $141.5M | ||
| Q2 24 | $75.4M | $126.7M | ||
| Q1 24 | — | $110.4M |
| Q4 25 | $-3.4M | $1.7M | ||
| Q3 25 | $-4.3M | $17.3M | ||
| Q2 25 | $-10.2M | $-24.4M | ||
| Q1 25 | $-12.4M | $-21.7M | ||
| Q4 24 | $-14.3M | $14.7M | ||
| Q3 24 | $-1.9M | $-6.7M | ||
| Q2 24 | $-22.3M | $-15.7M | ||
| Q1 24 | — | $-48.4M |
| Q4 25 | 55.2% | 85.7% | ||
| Q3 25 | 56.0% | 88.5% | ||
| Q2 25 | 54.2% | 90.2% | ||
| Q1 25 | 52.8% | 90.7% | ||
| Q4 24 | 55.2% | 90.1% | ||
| Q3 24 | 53.7% | 90.6% | ||
| Q2 24 | 52.6% | 91.1% | ||
| Q1 24 | — | 87.7% |
| Q4 25 | 5.6% | 8.6% | ||
| Q3 25 | 3.8% | 20.3% | ||
| Q2 25 | -2.0% | -6.1% | ||
| Q1 25 | -6.7% | -6.3% | ||
| Q4 24 | -1.2% | 10.7% | ||
| Q3 24 | 0.7% | 15.3% | ||
| Q2 24 | -24.2% | 11.8% | ||
| Q1 24 | — | -25.1% |
| Q4 25 | -3.0% | 0.9% | ||
| Q3 25 | -3.8% | 10.2% | ||
| Q2 25 | -9.8% | -15.8% | ||
| Q1 25 | -12.0% | -17.3% | ||
| Q4 24 | -13.5% | 9.8% | ||
| Q3 24 | -2.5% | -4.8% | ||
| Q2 24 | -29.6% | -12.4% | ||
| Q1 24 | — | -43.9% |
| Q4 25 | $-0.03 | $0.00 | ||
| Q3 25 | $-0.03 | $0.06 | ||
| Q2 25 | $-0.08 | $-0.08 | ||
| Q1 25 | $-0.09 | $-0.07 | ||
| Q4 24 | $-0.11 | $0.05 | ||
| Q3 24 | $-0.02 | $-0.02 | ||
| Q2 24 | $-0.21 | $-0.05 | ||
| Q1 24 | — | $-0.16 |
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 | $293.5M |
| Total DebtLower is stronger | $237.8M | $392.7M |
| Stockholders' EquityBook value | $485.0M | $274.2M |
| Total Assets | $959.5M | $949.9M |
| Debt / EquityLower = less leverage | 0.49× | 1.43× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.2M | $293.5M | ||
| Q3 25 | $27.9M | $263.8M | ||
| Q2 25 | $31.2M | $231.0M | ||
| Q1 25 | $44.4M | $250.6M | ||
| Q4 24 | $33.6M | $249.9M | ||
| Q3 24 | $26.0M | $249.8M | ||
| Q2 24 | $30.2M | $260.1M | ||
| Q1 24 | — | $239.6M |
| Q4 25 | $237.8M | $392.7M | ||
| Q3 25 | $238.2M | $392.0M | ||
| Q2 25 | $239.0M | $391.3M | ||
| Q1 25 | $237.5M | $390.7M | ||
| Q4 24 | $238.5M | $390.1M | ||
| Q3 24 | $113.6M | $389.5M | ||
| Q2 24 | $113.7M | $388.9M | ||
| Q1 24 | — | $388.4M |
| Q4 25 | $485.0M | $274.2M | ||
| Q3 25 | $468.8M | $230.4M | ||
| Q2 25 | $460.7M | $204.3M | ||
| Q1 25 | $446.6M | $193.6M | ||
| Q4 24 | $458.4M | $194.0M | ||
| Q3 24 | $451.0M | $178.8M | ||
| Q2 24 | $390.4M | $132.5M | ||
| Q1 24 | — | $130.7M |
| Q4 25 | $959.5M | $949.9M | ||
| Q3 25 | $936.9M | $868.8M | ||
| Q2 25 | $930.8M | $815.3M | ||
| Q1 25 | $910.1M | $789.8M | ||
| Q4 24 | $908.7M | $785.0M | ||
| Q3 24 | $748.3M | $786.6M | ||
| Q2 24 | $684.9M | $749.5M | ||
| Q1 24 | — | $721.8M |
| Q4 25 | 0.49× | 1.43× | ||
| Q3 25 | 0.51× | 1.70× | ||
| Q2 25 | 0.52× | 1.92× | ||
| Q1 25 | 0.53× | 2.02× | ||
| Q4 24 | 0.52× | 2.01× | ||
| Q3 24 | 0.25× | 2.18× | ||
| Q2 24 | 0.29× | 2.93× | ||
| Q1 24 | — | 2.97× |
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 | $16.3M |
| Free Cash FlowOCF − Capex | $4.9M | $16.0M |
| FCF MarginFCF / Revenue | 4.4% | 8.6% |
| Capex IntensityCapex / Revenue | 4.6% | 0.2% |
| Cash ConversionOCF / Net Profit | — | 9.62× |
| TTM Free Cash FlowTrailing 4 quarters | $12.9M | $29.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.2M | $16.3M | ||
| Q3 25 | $5.5M | $35.7M | ||
| Q2 25 | $4.7M | $-26.5M | ||
| Q1 25 | $13.5M | $7.8M | ||
| Q4 24 | $-6.1M | $-3.9M | ||
| Q3 24 | $-3.2M | $-23.0M | ||
| Q2 24 | $-7.6M | $22.7M | ||
| Q1 24 | — | $-29.7M |
| Q4 25 | $4.9M | $16.0M | ||
| Q3 25 | $1.2M | $35.3M | ||
| Q2 25 | $-3.4M | $-28.9M | ||
| Q1 25 | $10.1M | $7.5M | ||
| Q4 24 | $-12.2M | $-4.2M | ||
| Q3 24 | $-8.0M | $-23.3M | ||
| Q2 24 | $-13.2M | $21.6M | ||
| Q1 24 | — | $-31.5M |
| Q4 25 | 4.4% | 8.6% | ||
| Q3 25 | 1.1% | 20.9% | ||
| Q2 25 | -3.3% | -18.7% | ||
| Q1 25 | 9.8% | 6.0% | ||
| Q4 24 | -11.5% | -2.8% | ||
| Q3 24 | -10.4% | -16.5% | ||
| Q2 24 | -17.5% | 17.0% | ||
| Q1 24 | — | -28.5% |
| Q4 25 | 4.6% | 0.2% | ||
| Q3 25 | 3.9% | 0.2% | ||
| Q2 25 | 7.8% | 1.6% | ||
| Q1 25 | 3.3% | 0.2% | ||
| Q4 24 | 5.8% | 0.2% | ||
| Q3 24 | 6.3% | 0.3% | ||
| Q2 24 | 7.4% | 0.9% | ||
| Q1 24 | — | 1.6% |
| Q4 25 | — | 9.62× | ||
| Q3 25 | — | 2.06× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | -0.27× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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% |
FOLD
| Other | $105.8M | 57% |
| Galafold | $64.8M | 35% |
| Pombiliti Opfolda | $14.6M | 8% |
