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Side-by-side financial comparison of Powerfleet, Inc. (AIOT) and PUMA BIOTECHNOLOGY, INC. (PBYI). Click either name above to swap in a different company.
Powerfleet, Inc. is the larger business by last-quarter revenue ($113.5M vs $75.5M, roughly 1.5× PUMA BIOTECHNOLOGY, INC.). On growth, PUMA BIOTECHNOLOGY, INC. posted the faster year-over-year revenue change (27.7% vs 6.6%). PUMA BIOTECHNOLOGY, INC. produced more free cash flow last quarter ($14.4M vs $4.9M). Over the past eight quarters, Powerfleet, Inc.'s revenue compounded faster (81.2% CAGR vs 31.3%).
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.
Puma Biotechnology is a publicly traded biopharmaceutical company headquartered in Los Angeles, CA.
AIOT vs PBYI — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $113.5M | $75.5M |
| Net Profit | $-3.4M | — |
| Gross Margin | 55.2% | 69.3% |
| Operating Margin | 5.6% | 22.7% |
| Net Margin | -3.0% | — |
| Revenue YoY | 6.6% | 27.7% |
| Net Profit YoY | 76.6% | — |
| EPS (diluted) | $-0.03 | $0.26 |
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 | $75.5M | ||
| Q3 25 | $111.7M | $54.5M | ||
| Q2 25 | $104.1M | $52.4M | ||
| Q1 25 | $103.6M | $46.0M | ||
| Q4 24 | $106.4M | $59.1M | ||
| Q3 24 | $77.0M | $80.5M | ||
| Q2 24 | $75.4M | $47.1M | ||
| Q1 24 | — | $43.8M |
| Q4 25 | $-3.4M | — | ||
| Q3 25 | $-4.3M | $8.8M | ||
| Q2 25 | $-10.2M | $5.9M | ||
| Q1 25 | $-12.4M | $3.0M | ||
| Q4 24 | $-14.3M | — | ||
| Q3 24 | $-1.9M | $20.3M | ||
| Q2 24 | $-22.3M | $-4.5M | ||
| Q1 24 | — | $-4.8M |
| Q4 25 | 55.2% | 69.3% | ||
| Q3 25 | 56.0% | 77.7% | ||
| Q2 25 | 54.2% | 76.5% | ||
| Q1 25 | 52.8% | 77.1% | ||
| Q4 24 | 55.2% | 76.4% | ||
| Q3 24 | 53.7% | 63.9% | ||
| Q2 24 | 52.6% | 77.4% | ||
| Q1 24 | — | 75.5% |
| Q4 25 | 5.6% | 22.7% | ||
| Q3 25 | 3.8% | 17.6% | ||
| Q2 25 | -2.0% | 12.7% | ||
| Q1 25 | -6.7% | 8.7% | ||
| Q4 24 | -1.2% | 22.6% | ||
| Q3 24 | 0.7% | 27.4% | ||
| Q2 24 | -24.2% | -4.6% | ||
| Q1 24 | — | -5.3% |
| Q4 25 | -3.0% | — | ||
| Q3 25 | -3.8% | 16.2% | ||
| Q2 25 | -9.8% | 11.2% | ||
| Q1 25 | -12.0% | 6.5% | ||
| Q4 24 | -13.5% | — | ||
| Q3 24 | -2.5% | 25.2% | ||
| Q2 24 | -29.6% | -9.6% | ||
| Q1 24 | — | -11.0% |
| Q4 25 | $-0.03 | $0.26 | ||
| Q3 25 | $-0.03 | $0.17 | ||
| Q2 25 | $-0.08 | $0.12 | ||
| Q1 25 | $-0.09 | $0.06 | ||
| Q4 24 | $-0.11 | $0.40 | ||
| Q3 24 | $-0.02 | $0.41 | ||
| Q2 24 | $-0.21 | $-0.09 | ||
| Q1 24 | — | $-0.10 |
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 | $97.5M |
| Total DebtLower is stronger | $237.8M | $22.7M |
| Stockholders' EquityBook value | $485.0M | $130.3M |
| Total Assets | $959.5M | $216.3M |
| Debt / EquityLower = less leverage | 0.49× | 0.17× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.2M | $97.5M | ||
| Q3 25 | $27.9M | $94.4M | ||
| Q2 25 | $31.2M | $96.0M | ||
| Q1 25 | $44.4M | $93.2M | ||
| Q4 24 | $33.6M | $101.0M | ||
| Q3 24 | $26.0M | $96.7M | ||
| Q2 24 | $30.2M | $96.8M | ||
| Q1 24 | — | $107.2M |
| Q4 25 | $237.8M | $22.7M | ||
| Q3 25 | $238.2M | $34.0M | ||
| Q2 25 | $239.0M | $45.3M | ||
| Q1 25 | $237.5M | $56.7M | ||
| Q4 24 | $238.5M | $68.0M | ||
| Q3 24 | $113.6M | $79.3M | ||
| Q2 24 | $113.7M | $90.7M | ||
| Q1 24 | — | $102.0M |
| Q4 25 | $485.0M | $130.3M | ||
| Q3 25 | $468.8M | $115.3M | ||
| Q2 25 | $460.7M | $104.7M | ||
| Q1 25 | $446.6M | $97.1M | ||
| Q4 24 | $458.4M | $92.1M | ||
| Q3 24 | $451.0M | $71.1M | ||
| Q2 24 | $390.4M | $48.5M | ||
| Q1 24 | — | $51.0M |
| Q4 25 | $959.5M | $216.3M | ||
| Q3 25 | $936.9M | $202.9M | ||
| Q2 25 | $930.8M | $194.9M | ||
| Q1 25 | $910.1M | $196.2M | ||
| Q4 24 | $908.7M | $213.3M | ||
| Q3 24 | $748.3M | $220.7M | ||
| Q2 24 | $684.9M | $205.0M | ||
| Q1 24 | — | $214.1M |
| Q4 25 | 0.49× | 0.17× | ||
| Q3 25 | 0.51× | 0.30× | ||
| Q2 25 | 0.52× | 0.43× | ||
| Q1 25 | 0.53× | 0.58× | ||
| Q4 24 | 0.52× | 0.74× | ||
| Q3 24 | 0.25× | 1.12× | ||
| Q2 24 | 0.29× | 1.87× | ||
| Q1 24 | — | 2.00× |
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 | $14.4M |
| Free Cash FlowOCF − Capex | $4.9M | $14.4M |
| FCF MarginFCF / Revenue | 4.4% | 19.1% |
| Capex IntensityCapex / Revenue | 4.6% | 0.0% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $12.9M | $41.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.2M | $14.4M | ||
| Q3 25 | $5.5M | $9.7M | ||
| Q2 25 | $4.7M | $14.1M | ||
| Q1 25 | $13.5M | $3.6M | ||
| Q4 24 | $-6.1M | $15.6M | ||
| Q3 24 | $-3.2M | $11.0M | ||
| Q2 24 | $-7.6M | $1.0M | ||
| Q1 24 | — | $11.2M |
| Q4 25 | $4.9M | $14.4M | ||
| Q3 25 | $1.2M | $9.7M | ||
| Q2 25 | $-3.4M | $14.1M | ||
| Q1 25 | $10.1M | $3.6M | ||
| Q4 24 | $-12.2M | $15.6M | ||
| Q3 24 | $-8.0M | $11.0M | ||
| Q2 24 | $-13.2M | $1.0M | ||
| Q1 24 | — | — |
| Q4 25 | 4.4% | 19.1% | ||
| Q3 25 | 1.1% | 17.7% | ||
| Q2 25 | -3.3% | 26.8% | ||
| Q1 25 | 9.8% | 7.7% | ||
| Q4 24 | -11.5% | 26.4% | ||
| Q3 24 | -10.4% | 13.7% | ||
| Q2 24 | -17.5% | 2.1% | ||
| Q1 24 | — | — |
| Q4 25 | 4.6% | 0.0% | ||
| Q3 25 | 3.9% | 0.0% | ||
| Q2 25 | 7.8% | 0.0% | ||
| Q1 25 | 3.3% | 0.1% | ||
| Q4 24 | 5.8% | 0.0% | ||
| Q3 24 | 6.3% | 0.0% | ||
| Q2 24 | 7.4% | 0.0% | ||
| Q1 24 | — | 0.0% |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.10× | ||
| Q2 25 | — | 2.41× | ||
| Q1 25 | — | 1.21× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.54× | ||
| 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% |
PBYI
Segment breakdown not available.
