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Side-by-side financial comparison of Powerfleet, Inc. (AIOT) and MEDALLION FINANCIAL CORP (MFIN). Click either name above to swap in a different company.
Powerfleet, Inc. is the larger business by last-quarter revenue ($113.5M vs $70.6M, roughly 1.6× MEDALLION FINANCIAL CORP). MEDALLION FINANCIAL CORP runs the higher net margin — 17.3% vs -3.0%, a 20.3% gap on every dollar of revenue. On growth, MEDALLION FINANCIAL CORP posted the faster year-over-year revenue change (25.4% vs 6.6%). Over the past eight quarters, Powerfleet, Inc.'s revenue compounded faster (81.2% CAGR vs 15.0%).
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.
Mahindra & Mahindra Financial Services Limited (MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. It is amongst the top tractor financers in India, with 1000+ offices across the country.
AIOT vs MFIN — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $113.5M | $70.6M |
| Net Profit | $-3.4M | $12.2M |
| Gross Margin | 55.2% | — |
| Operating Margin | 5.6% | 29.3% |
| Net Margin | -3.0% | 17.3% |
| Revenue YoY | 6.6% | 25.4% |
| Net Profit YoY | 76.6% | 20.3% |
| EPS (diluted) | $-0.03 | $0.50 |
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 | $70.6M | ||
| Q3 25 | $111.7M | $58.7M | ||
| Q2 25 | $104.1M | $62.6M | ||
| Q1 25 | $103.6M | $63.0M | ||
| Q4 24 | $106.4M | $56.3M | ||
| Q3 24 | $77.0M | $53.3M | ||
| Q2 24 | $75.4M | $51.0M | ||
| Q1 24 | — | $53.3M |
| Q4 25 | $-3.4M | $12.2M | ||
| Q3 25 | $-4.3M | $7.8M | ||
| Q2 25 | $-10.2M | $11.1M | ||
| Q1 25 | $-12.4M | $12.0M | ||
| Q4 24 | $-14.3M | $10.1M | ||
| Q3 24 | $-1.9M | $8.6M | ||
| Q2 24 | $-22.3M | $7.1M | ||
| Q1 24 | — | $10.0M |
| 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 | — | — |
| Q4 25 | 5.6% | 29.3% | ||
| Q3 25 | 3.8% | 33.2% | ||
| Q2 25 | -2.0% | 31.1% | ||
| Q1 25 | -6.7% | 32.1% | ||
| Q4 24 | -1.2% | 32.8% | ||
| Q3 24 | 0.7% | 26.6% | ||
| Q2 24 | -24.2% | 24.3% | ||
| Q1 24 | — | 33.6% |
| Q4 25 | -3.0% | 17.3% | ||
| Q3 25 | -3.8% | 13.2% | ||
| Q2 25 | -9.8% | 17.7% | ||
| Q1 25 | -12.0% | 19.1% | ||
| Q4 24 | -13.5% | 18.0% | ||
| Q3 24 | -2.5% | 16.1% | ||
| Q2 24 | -29.6% | 13.9% | ||
| Q1 24 | — | 18.8% |
| Q4 25 | $-0.03 | $0.50 | ||
| Q3 25 | $-0.03 | $0.32 | ||
| Q2 25 | $-0.08 | $0.46 | ||
| Q1 25 | $-0.09 | $0.50 | ||
| Q4 24 | $-0.11 | $0.43 | ||
| Q3 24 | $-0.02 | $0.37 | ||
| Q2 24 | $-0.21 | $0.30 | ||
| Q1 24 | — | $0.42 |
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 | $136.3M |
| Total DebtLower is stronger | $237.8M | $216.0M |
| Stockholders' EquityBook value | $485.0M | $408.6M |
| Total Assets | $959.5M | $3.0B |
| Debt / EquityLower = less leverage | 0.49× | 0.53× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.2M | $136.3M | ||
| Q3 25 | $27.9M | $72.5M | ||
| Q2 25 | $31.2M | $110.4M | ||
| Q1 25 | $44.4M | $131.5M | ||
| Q4 24 | $33.6M | $98.2M | ||
| Q3 24 | $26.0M | $120.6M | ||
| Q2 24 | $30.2M | $87.7M | ||
| Q1 24 | — | $54.8M |
| Q4 25 | $237.8M | $216.0M | ||
| Q3 25 | $238.2M | $215.7M | ||
| Q2 25 | $239.0M | $199.9M | ||
| Q1 25 | $237.5M | $199.7M | ||
| Q4 24 | $238.5M | $232.2M | ||
| Q3 24 | $113.6M | $232.0M | ||
| Q2 24 | $113.7M | $230.8M | ||
| Q1 24 | — | $225.6M |
| Q4 25 | $485.0M | $408.6M | ||
| Q3 25 | $468.8M | $397.4M | ||
| Q2 25 | $460.7M | $389.9M | ||
| Q1 25 | $446.6M | $380.2M | ||
| Q4 24 | $458.4M | $370.2M | ||
| Q3 24 | $451.0M | $362.4M | ||
| Q2 24 | $390.4M | $354.0M | ||
| Q1 24 | — | $349.0M |
| Q4 25 | $959.5M | $3.0B | ||
| Q3 25 | $936.9M | $2.9B | ||
| Q2 25 | $930.8M | $2.9B | ||
| Q1 25 | $910.1M | $2.8B | ||
| Q4 24 | $908.7M | $2.9B | ||
| Q3 24 | $748.3M | $2.9B | ||
| Q2 24 | $684.9M | $2.8B | ||
| Q1 24 | — | $2.6B |
| Q4 25 | 0.49× | 0.53× | ||
| Q3 25 | 0.51× | 0.54× | ||
| Q2 25 | 0.52× | 0.51× | ||
| Q1 25 | 0.53× | 0.53× | ||
| Q4 24 | 0.52× | 0.63× | ||
| Q3 24 | 0.25× | 0.64× | ||
| Q2 24 | 0.29× | 0.65× | ||
| Q1 24 | — | 0.65× |
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 | $126.3M |
| Free Cash FlowOCF − Capex | $4.9M | — |
| FCF MarginFCF / Revenue | 4.4% | — |
| Capex IntensityCapex / Revenue | 4.6% | — |
| Cash ConversionOCF / Net Profit | — | 10.35× |
| TTM Free Cash FlowTrailing 4 quarters | $12.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.2M | $126.3M | ||
| Q3 25 | $5.5M | $67.0M | ||
| Q2 25 | $4.7M | $-10.7M | ||
| Q1 25 | $13.5M | $36.3M | ||
| Q4 24 | $-6.1M | $108.7M | ||
| Q3 24 | $-3.2M | $24.6M | ||
| Q2 24 | $-7.6M | $27.6M | ||
| Q1 24 | — | $32.3M |
| 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 | — | — |
| 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 | — | — |
| 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 | — | — |
| Q4 25 | — | 10.35× | ||
| Q3 25 | — | 8.63× | ||
| Q2 25 | — | -0.97× | ||
| Q1 25 | — | 3.02× | ||
| Q4 24 | — | 10.72× | ||
| Q3 24 | — | 2.86× | ||
| Q2 24 | — | 3.89× | ||
| Q1 24 | — | 3.22× |
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% |
MFIN
Segment breakdown not available.
