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Side-by-side financial comparison of Powerfleet, Inc. (AIOT) and KEY TRONIC CORP (KTCC). Click either name above to swap in a different company.

Powerfleet, Inc. is the larger business by last-quarter revenue ($113.5M vs $96.3M, roughly 1.2× KEY TRONIC CORP). Powerfleet, Inc. runs the higher net margin — -3.0% vs -8.9%, a 5.9% gap on every dollar of revenue. On growth, Powerfleet, Inc. posted the faster year-over-year revenue change (6.6% vs -15.4%). Powerfleet, Inc. produced more free cash flow last quarter ($4.9M vs $3.1M). Over the past eight quarters, Powerfleet, Inc.'s revenue compounded faster (81.2% CAGR vs -17.8%).

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.

Key Tronic Corporation is a technology company founded in 1969 by Lewis G. Zirkle. Its core products initially included keyboards, mice and other input devices. Key Tronic currently specializes in PCBA and full product assembly. The company is among the ten largest contract manufacturers providing electronic manufacturing services in the US. The company offers full product design or assembly of a wide variety of household goods and electronic products such as keyboards, printed circuit board ...

AIOT vs KTCC — Head-to-Head

Bigger by revenue
AIOT
AIOT
1.2× larger
AIOT
$113.5M
$96.3M
KTCC
Growing faster (revenue YoY)
AIOT
AIOT
+22.0% gap
AIOT
6.6%
-15.4%
KTCC
Higher net margin
AIOT
AIOT
5.9% more per $
AIOT
-3.0%
-8.9%
KTCC
More free cash flow
AIOT
AIOT
$1.9M more FCF
AIOT
$4.9M
$3.1M
KTCC
Faster 2-yr revenue CAGR
AIOT
AIOT
Annualised
AIOT
81.2%
-17.8%
KTCC

Income Statement — Q3 FY2026 vs Q2 FY2026

Metric
AIOT
AIOT
KTCC
KTCC
Revenue
$113.5M
$96.3M
Net Profit
$-3.4M
$-8.6M
Gross Margin
55.2%
0.6%
Operating Margin
5.6%
-10.7%
Net Margin
-3.0%
-8.9%
Revenue YoY
6.6%
-15.4%
Net Profit YoY
76.6%
-74.4%
EPS (diluted)
$-0.03
$-0.79

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
KTCC
KTCC
Q4 25
$113.5M
$96.3M
Q3 25
$111.7M
$98.8M
Q2 25
$104.1M
$110.5M
Q1 25
$103.6M
$112.0M
Q4 24
$106.4M
$113.9M
Q3 24
$77.0M
$131.6M
Q2 24
$75.4M
$126.6M
Q1 24
$142.4M
Net Profit
AIOT
AIOT
KTCC
KTCC
Q4 25
$-3.4M
$-8.6M
Q3 25
$-4.3M
$-2.3M
Q2 25
$-10.2M
$-3.9M
Q1 25
$-12.4M
$-604.0K
Q4 24
$-14.3M
$-4.9M
Q3 24
$-1.9M
$1.1M
Q2 24
$-22.3M
$-2.0M
Q1 24
$-2.2M
Gross Margin
AIOT
AIOT
KTCC
KTCC
Q4 25
55.2%
0.6%
Q3 25
56.0%
8.4%
Q2 25
54.2%
6.2%
Q1 25
52.8%
7.7%
Q4 24
55.2%
6.8%
Q3 24
53.7%
10.1%
Q2 24
52.6%
7.2%
Q1 24
5.7%
Operating Margin
AIOT
AIOT
KTCC
KTCC
Q4 25
5.6%
-10.7%
Q3 25
3.8%
-0.6%
Q2 25
-2.0%
-2.1%
Q1 25
-6.7%
-0.4%
Q4 24
-1.2%
-1.0%
Q3 24
0.7%
3.4%
Q2 24
-24.2%
0.1%
Q1 24
-0.4%
Net Margin
AIOT
AIOT
KTCC
KTCC
Q4 25
-3.0%
-8.9%
Q3 25
-3.8%
-2.3%
Q2 25
-9.8%
-3.6%
Q1 25
-12.0%
-0.5%
Q4 24
-13.5%
-4.3%
Q3 24
-2.5%
0.9%
Q2 24
-29.6%
-1.6%
Q1 24
-1.6%
EPS (diluted)
AIOT
AIOT
KTCC
KTCC
Q4 25
$-0.03
$-0.79
Q3 25
$-0.03
$-0.21
Q2 25
$-0.08
$-0.35
Q1 25
$-0.09
$-0.06
Q4 24
$-0.11
$-0.46
Q3 24
$-0.02
$0.10
Q2 24
$-0.21
$-0.18
Q1 24
$-0.21

Balance Sheet & Financial Strength

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

Metric
AIOT
AIOT
KTCC
KTCC
Cash + ST InvestmentsLiquidity on hand
$31.2M
$788.0K
Total DebtLower is stronger
$237.8M
$97.7M
Stockholders' EquityBook value
$485.0M
$106.2M
Total Assets
$959.5M
$325.3M
Debt / EquityLower = less leverage
0.49×
0.92×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIOT
AIOT
KTCC
KTCC
Q4 25
$31.2M
$788.0K
Q3 25
$27.9M
$1.1M
Q2 25
$31.2M
$1.4M
Q1 25
$44.4M
$2.5M
Q4 24
$33.6M
$4.2M
Q3 24
$26.0M
$6.6M
Q2 24
$30.2M
$4.8M
Q1 24
$5.3M
Total Debt
AIOT
AIOT
KTCC
KTCC
Q4 25
$237.8M
$97.7M
Q3 25
$238.2M
$100.8M
Q2 25
$239.0M
$105.2M
Q1 25
$237.5M
$113.6M
Q4 24
$238.5M
$111.1M
Q3 24
$113.6M
$112.7M
Q2 24
$113.7M
$119.5M
Q1 24
$125.3M
Stockholders' Equity
AIOT
AIOT
KTCC
KTCC
Q4 25
$485.0M
$106.2M
Q3 25
$468.8M
$114.8M
Q2 25
$460.7M
$117.1M
Q1 25
$446.6M
$119.6M
Q4 24
$458.4M
$119.5M
Q3 24
$451.0M
$124.3M
Q2 24
$390.4M
$124.0M
Q1 24
$130.1M
Total Assets
AIOT
AIOT
KTCC
KTCC
Q4 25
$959.5M
$325.3M
Q3 25
$936.9M
$324.6M
Q2 25
$930.8M
$315.9M
Q1 25
$910.1M
$328.6M
Q4 24
$908.7M
$327.8M
Q3 24
$748.3M
$355.9M
Q2 24
$684.9M
$355.3M
Q1 24
$370.1M
Debt / Equity
AIOT
AIOT
KTCC
KTCC
Q4 25
0.49×
0.92×
Q3 25
0.51×
0.88×
Q2 25
0.52×
0.90×
Q1 25
0.53×
0.95×
Q4 24
0.52×
0.93×
Q3 24
0.25×
0.91×
Q2 24
0.29×
0.96×
Q1 24
0.96×

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
KTCC
KTCC
Operating Cash FlowLast quarter
$10.2M
$6.4M
Free Cash FlowOCF − Capex
$4.9M
$3.1M
FCF MarginFCF / Revenue
4.4%
3.2%
Capex IntensityCapex / Revenue
4.6%
3.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$12.9M
$11.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIOT
AIOT
KTCC
KTCC
Q4 25
$10.2M
$6.4M
Q3 25
$5.5M
$7.6M
Q2 25
$4.7M
$8.8M
Q1 25
$13.5M
$-1.4M
Q4 24
$-6.1M
$1.6M
Q3 24
$-3.2M
$9.9M
Q2 24
$-7.6M
$7.7M
Q1 24
$-3.0M
Free Cash Flow
AIOT
AIOT
KTCC
KTCC
Q4 25
$4.9M
$3.1M
Q3 25
$1.2M
$4.4M
Q2 25
$-3.4M
$7.7M
Q1 25
$10.1M
$-3.6M
Q4 24
$-12.2M
$1.1M
Q3 24
$-8.0M
$9.6M
Q2 24
$-13.2M
$7.1M
Q1 24
$-3.8M
FCF Margin
AIOT
AIOT
KTCC
KTCC
Q4 25
4.4%
3.2%
Q3 25
1.1%
4.5%
Q2 25
-3.3%
7.0%
Q1 25
9.8%
-3.2%
Q4 24
-11.5%
1.0%
Q3 24
-10.4%
7.3%
Q2 24
-17.5%
5.6%
Q1 24
-2.7%
Capex Intensity
AIOT
AIOT
KTCC
KTCC
Q4 25
4.6%
3.4%
Q3 25
3.9%
3.2%
Q2 25
7.8%
1.0%
Q1 25
3.3%
2.0%
Q4 24
5.8%
0.4%
Q3 24
6.3%
0.3%
Q2 24
7.4%
0.4%
Q1 24
0.6%
Cash Conversion
AIOT
AIOT
KTCC
KTCC
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
8.85×
Q2 24
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%

KTCC
KTCC

Transferred Over Time$91.3M95%
Transferred At Point In Time$5.0M5%

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