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Side-by-side financial comparison of Powerfleet, Inc. (AIOT) and JBG SMITH Properties (JBGS). Click either name above to swap in a different company.

JBG SMITH Properties is the larger business by last-quarter revenue ($127.6M vs $113.5M, roughly 1.1× Powerfleet, Inc.). Powerfleet, Inc. runs the higher net margin — -3.0% vs -35.7%, a 32.7% gap on every dollar of revenue. On growth, Powerfleet, Inc. posted the faster year-over-year revenue change (6.6% vs -2.5%). Over the past eight quarters, Powerfleet, Inc.'s revenue compounded faster (81.2% CAGR vs -6.3%).

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.

JBG SMITH Properties is a publicly traded real estate investment trust based in Bethesda, Maryland.

AIOT vs JBGS — Head-to-Head

Bigger by revenue
JBGS
JBGS
1.1× larger
JBGS
$127.6M
$113.5M
AIOT
Growing faster (revenue YoY)
AIOT
AIOT
+9.1% gap
AIOT
6.6%
-2.5%
JBGS
Higher net margin
AIOT
AIOT
32.7% more per $
AIOT
-3.0%
-35.7%
JBGS
Faster 2-yr revenue CAGR
AIOT
AIOT
Annualised
AIOT
81.2%
-6.3%
JBGS

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
AIOT
AIOT
JBGS
JBGS
Revenue
$113.5M
$127.6M
Net Profit
$-3.4M
$-45.5M
Gross Margin
55.2%
Operating Margin
5.6%
-47.5%
Net Margin
-3.0%
-35.7%
Revenue YoY
6.6%
-2.5%
Net Profit YoY
76.6%
24.0%
EPS (diluted)
$-0.03
$-0.76

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
JBGS
JBGS
Q4 25
$113.5M
$127.6M
Q3 25
$111.7M
$123.9M
Q2 25
$104.1M
$126.5M
Q1 25
$103.6M
$120.7M
Q4 24
$106.4M
$130.8M
Q3 24
$77.0M
$136.0M
Q2 24
$75.4M
$135.3M
Q1 24
$145.2M
Net Profit
AIOT
AIOT
JBGS
JBGS
Q4 25
$-3.4M
$-45.5M
Q3 25
$-4.3M
$-28.6M
Q2 25
$-10.2M
$-19.2M
Q1 25
$-12.4M
$-45.7M
Q4 24
$-14.3M
$-59.9M
Q3 24
$-1.9M
$-27.0M
Q2 24
$-22.3M
$-24.4M
Q1 24
$-32.3M
Gross Margin
AIOT
AIOT
JBGS
JBGS
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
Operating Margin
AIOT
AIOT
JBGS
JBGS
Q4 25
5.6%
-47.5%
Q3 25
3.8%
-27.5%
Q2 25
-2.0%
-18.4%
Q1 25
-6.7%
-44.7%
Q4 24
-1.2%
-53.6%
Q3 24
0.7%
-22.4%
Q2 24
-24.2%
-24.3%
Q1 24
-30.1%
Net Margin
AIOT
AIOT
JBGS
JBGS
Q4 25
-3.0%
-35.7%
Q3 25
-3.8%
-23.1%
Q2 25
-9.8%
-15.2%
Q1 25
-12.0%
-37.9%
Q4 24
-13.5%
-45.8%
Q3 24
-2.5%
-19.8%
Q2 24
-29.6%
-18.0%
Q1 24
-22.2%
EPS (diluted)
AIOT
AIOT
JBGS
JBGS
Q4 25
$-0.03
$-0.76
Q3 25
$-0.03
$-0.48
Q2 25
$-0.08
$-0.29
Q1 25
$-0.09
$-0.56
Q4 24
$-0.11
$-0.70
Q3 24
$-0.02
$-0.32
Q2 24
$-0.21
$-0.27
Q1 24
$-0.36

Balance Sheet & Financial Strength

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

Metric
AIOT
AIOT
JBGS
JBGS
Cash + ST InvestmentsLiquidity on hand
$31.2M
$75.3M
Total DebtLower is stronger
$237.8M
Stockholders' EquityBook value
$485.0M
$1.2B
Total Assets
$959.5M
$4.4B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIOT
AIOT
JBGS
JBGS
Q4 25
$31.2M
$75.3M
Q3 25
$27.9M
$64.4M
Q2 25
$31.2M
$61.4M
Q1 25
$44.4M
$81.3M
Q4 24
$33.6M
$145.8M
Q3 24
$26.0M
$137.0M
Q2 24
$30.2M
$163.5M
Q1 24
$220.5M
Total Debt
AIOT
AIOT
JBGS
JBGS
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 24
Stockholders' Equity
AIOT
AIOT
JBGS
JBGS
Q4 25
$485.0M
$1.2B
Q3 25
$468.8M
$1.2B
Q2 25
$460.7M
$1.3B
Q1 25
$446.6M
$1.6B
Q4 24
$458.4M
$1.8B
Q3 24
$451.0M
$1.9B
Q2 24
$390.4M
$2.0B
Q1 24
$2.1B
Total Assets
AIOT
AIOT
JBGS
JBGS
Q4 25
$959.5M
$4.4B
Q3 25
$936.9M
$4.4B
Q2 25
$930.8M
$4.5B
Q1 25
$910.1M
$4.7B
Q4 24
$908.7M
$5.0B
Q3 24
$748.3M
$5.2B
Q2 24
$684.9M
$5.3B
Q1 24
$5.4B
Debt / Equity
AIOT
AIOT
JBGS
JBGS
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×
Q1 24

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
JBGS
JBGS
Operating Cash FlowLast quarter
$10.2M
$73.3M
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
JBGS
JBGS
Q4 25
$10.2M
$73.3M
Q3 25
$5.5M
$8.9M
Q2 25
$4.7M
$18.8M
Q1 25
$13.5M
$12.9M
Q4 24
$-6.1M
$129.4M
Q3 24
$-3.2M
$26.4M
Q2 24
$-7.6M
$23.8M
Q1 24
$37.0M
Free Cash Flow
AIOT
AIOT
JBGS
JBGS
Q4 25
$4.9M
Q3 25
$1.2M
Q2 25
$-3.4M
Q1 25
$10.1M
Q4 24
$-12.2M
Q3 24
$-8.0M
Q2 24
$-13.2M
Q1 24
FCF Margin
AIOT
AIOT
JBGS
JBGS
Q4 25
4.4%
Q3 25
1.1%
Q2 25
-3.3%
Q1 25
9.8%
Q4 24
-11.5%
Q3 24
-10.4%
Q2 24
-17.5%
Q1 24
Capex Intensity
AIOT
AIOT
JBGS
JBGS
Q4 25
4.6%
Q3 25
3.9%
Q2 25
7.8%
Q1 25
3.3%
Q4 24
5.8%
Q3 24
6.3%
Q2 24
7.4%
Q1 24

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%

JBGS
JBGS

Segment breakdown not available.

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