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Side-by-side financial comparison of Powerfleet, Inc. (AIOT) and GLAUKOS Corp (GKOS). Click either name above to swap in a different company.

GLAUKOS Corp is the larger business by last-quarter revenue ($150.6M vs $113.5M, roughly 1.3× Powerfleet, Inc.). GLAUKOS Corp runs the higher net margin — 6.2% vs -3.0%, a 9.2% gap on every dollar of revenue. On growth, GLAUKOS Corp posted the faster year-over-year revenue change (41.2% vs 6.6%). Over the past eight quarters, Powerfleet, Inc.'s revenue compounded faster (81.2% CAGR vs 25.4%).

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.

Glaukos Corp is a medical technology company focused on ophthalmology, developing and commercializing minimally invasive surgical devices, prescription pharmaceuticals and consumer products for glaucoma, corneal diseases and other eye disorders. It operates primarily across North America, Europe and Asia Pacific, serving hospitals, ophthalmology clinics and patients worldwide.

AIOT vs GKOS — Head-to-Head

Bigger by revenue
GKOS
GKOS
1.3× larger
GKOS
$150.6M
$113.5M
AIOT
Growing faster (revenue YoY)
GKOS
GKOS
+34.5% gap
GKOS
41.2%
6.6%
AIOT
Higher net margin
GKOS
GKOS
9.2% more per $
GKOS
6.2%
-3.0%
AIOT
Faster 2-yr revenue CAGR
AIOT
AIOT
Annualised
AIOT
81.2%
25.4%
GKOS

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
AIOT
AIOT
GKOS
GKOS
Revenue
$113.5M
$150.6M
Net Profit
$-3.4M
$9.4M
Gross Margin
55.2%
77.9%
Operating Margin
5.6%
9.0%
Net Margin
-3.0%
6.2%
Revenue YoY
6.6%
41.2%
Net Profit YoY
76.6%
EPS (diluted)
$-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
AIOT
AIOT
GKOS
GKOS
Q1 26
$150.6M
Q4 25
$113.5M
$143.1M
Q3 25
$111.7M
$133.5M
Q2 25
$104.1M
$124.1M
Q1 25
$103.6M
$106.7M
Q4 24
$106.4M
$105.5M
Q3 24
$77.0M
$96.7M
Q2 24
$75.4M
$95.7M
Net Profit
AIOT
AIOT
GKOS
GKOS
Q1 26
$9.4M
Q4 25
$-3.4M
$-133.7M
Q3 25
$-4.3M
$-16.2M
Q2 25
$-10.2M
$-19.7M
Q1 25
$-12.4M
$-18.1M
Q4 24
$-14.3M
$-33.6M
Q3 24
$-1.9M
$-21.4M
Q2 24
$-22.3M
$-50.5M
Gross Margin
AIOT
AIOT
GKOS
GKOS
Q1 26
77.9%
Q4 25
55.2%
-1.1%
Q3 25
56.0%
78.4%
Q2 25
54.2%
78.3%
Q1 25
52.8%
77.2%
Q4 24
55.2%
72.9%
Q3 24
53.7%
76.6%
Q2 24
52.6%
76.4%
Operating Margin
AIOT
AIOT
GKOS
GKOS
Q1 26
9.0%
Q4 25
5.6%
-97.7%
Q3 25
3.8%
-12.3%
Q2 25
-2.0%
-18.3%
Q1 25
-6.7%
-19.4%
Q4 24
-1.2%
-27.2%
Q3 24
0.7%
-25.5%
Q2 24
-24.2%
-31.3%
Net Margin
AIOT
AIOT
GKOS
GKOS
Q1 26
6.2%
Q4 25
-3.0%
-93.4%
Q3 25
-3.8%
-12.2%
Q2 25
-9.8%
-15.8%
Q1 25
-12.0%
-17.0%
Q4 24
-13.5%
-31.8%
Q3 24
-2.5%
-22.1%
Q2 24
-29.6%
-52.8%
EPS (diluted)
AIOT
AIOT
GKOS
GKOS
Q1 26
Q4 25
$-0.03
$-2.34
Q3 25
$-0.03
$-0.28
Q2 25
$-0.08
$-0.34
Q1 25
$-0.09
$-0.32
Q4 24
$-0.11
$-0.56
Q3 24
$-0.02
$-0.39
Q2 24
$-0.21
$-1.00

Balance Sheet & Financial Strength

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

Metric
AIOT
AIOT
GKOS
GKOS
Cash + ST InvestmentsLiquidity on hand
$31.2M
$276.7M
Total DebtLower is stronger
$237.8M
Stockholders' EquityBook value
$485.0M
$670.9M
Total Assets
$959.5M
$893.3M
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIOT
AIOT
GKOS
GKOS
Q1 26
$276.7M
Q4 25
$31.2M
$90.8M
Q3 25
$27.9M
$98.2M
Q2 25
$31.2M
$100.8M
Q1 25
$44.4M
$114.3M
Q4 24
$33.6M
$169.6M
Q3 24
$26.0M
$100.1M
Q2 24
$30.2M
$68.1M
Total Debt
AIOT
AIOT
GKOS
GKOS
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
Stockholders' Equity
AIOT
AIOT
GKOS
GKOS
Q1 26
$670.9M
Q4 25
$485.0M
$656.2M
Q3 25
$468.8M
$769.5M
Q2 25
$460.7M
$765.1M
Q1 25
$446.6M
$764.0M
Q4 24
$458.4M
$766.9M
Q3 24
$451.0M
$668.5M
Q2 24
$390.4M
$665.2M
Total Assets
AIOT
AIOT
GKOS
GKOS
Q1 26
$893.3M
Q4 25
$959.5M
$893.5M
Q3 25
$936.9M
$999.4M
Q2 25
$930.8M
$987.0M
Q1 25
$910.1M
$966.2M
Q4 24
$908.7M
$974.8M
Q3 24
$748.3M
$926.5M
Q2 24
$684.9M
$919.7M
Debt / Equity
AIOT
AIOT
GKOS
GKOS
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
AIOT
AIOT
GKOS
GKOS
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.

Operating Cash Flow
AIOT
AIOT
GKOS
GKOS
Q1 26
Q4 25
$10.2M
$6.8M
Q3 25
$5.5M
$-10.1M
Q2 25
$4.7M
$7.0M
Q1 25
$13.5M
$-18.5M
Q4 24
$-6.1M
$507.0K
Q3 24
$-3.2M
$-9.6M
Q2 24
$-7.6M
$-18.4M
Free Cash Flow
AIOT
AIOT
GKOS
GKOS
Q1 26
Q4 25
$4.9M
$3.9M
Q3 25
$1.2M
$-11.7M
Q2 25
$-3.4M
$5.8M
Q1 25
$10.1M
$-20.5M
Q4 24
$-12.2M
$-1.2M
Q3 24
$-8.0M
$-11.0M
Q2 24
$-13.2M
$-20.5M
FCF Margin
AIOT
AIOT
GKOS
GKOS
Q1 26
Q4 25
4.4%
2.7%
Q3 25
1.1%
-8.8%
Q2 25
-3.3%
4.7%
Q1 25
9.8%
-19.2%
Q4 24
-11.5%
-1.2%
Q3 24
-10.4%
-11.4%
Q2 24
-17.5%
-21.4%
Capex Intensity
AIOT
AIOT
GKOS
GKOS
Q1 26
Q4 25
4.6%
2.0%
Q3 25
3.9%
1.2%
Q2 25
7.8%
0.9%
Q1 25
3.3%
1.8%
Q4 24
5.8%
1.6%
Q3 24
6.3%
1.5%
Q2 24
7.4%
2.2%

Financial Flow Comparison

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

Revenue Breakdown by Segment

AIOT
AIOT

Services$91.1M80%
Products$22.4M20%

GKOS
GKOS

Segment breakdown not available.

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