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Side-by-side financial comparison of Powerfleet, Inc. (AIOT) and PROCEPT BioRobotics Corp (PRCT). Click either name above to swap in a different company.
Powerfleet, Inc. is the larger business by last-quarter revenue ($113.5M vs $83.1M, roughly 1.4× PROCEPT BioRobotics Corp). Powerfleet, Inc. runs the higher net margin — -3.0% vs -38.1%, a 35.1% gap on every dollar of revenue. On growth, PROCEPT BioRobotics Corp posted the faster year-over-year revenue change (20.2% vs 6.6%). Over the past eight quarters, Powerfleet, Inc.'s revenue compounded faster (81.2% CAGR vs 24.8%).
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.
PROCEPT BioRobotics Corp is a medical tech firm developing and commercializing robotic surgical solutions for urological care. Its flagship AquaBeam system provides image-guided minimally invasive therapy for benign prostatic hyperplasia, serving providers and patients across North America, Europe and global markets.
AIOT vs PRCT — Head-to-Head
Income Statement — Q3 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $113.5M | $83.1M |
| Net Profit | $-3.4M | $-31.6M |
| Gross Margin | 55.2% | 64.9% |
| Operating Margin | 5.6% | -4.1% |
| Net Margin | -3.0% | -38.1% |
| Revenue YoY | 6.6% | 20.2% |
| Net Profit YoY | 76.6% | -27.9% |
| EPS (diluted) | $-0.03 | $-0.56 |
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.
| Q1 26 | — | $83.1M | ||
| Q4 25 | $113.5M | $76.4M | ||
| Q3 25 | $111.7M | $83.3M | ||
| Q2 25 | $104.1M | $79.2M | ||
| Q1 25 | $103.6M | $69.2M | ||
| Q4 24 | $106.4M | $68.2M | ||
| Q3 24 | $77.0M | $58.4M | ||
| Q2 24 | $75.4M | $53.4M |
| Q1 26 | — | $-31.6M | ||
| Q4 25 | $-3.4M | $-29.8M | ||
| Q3 25 | $-4.3M | $-21.4M | ||
| Q2 25 | $-10.2M | $-19.6M | ||
| Q1 25 | $-12.4M | $-24.7M | ||
| Q4 24 | $-14.3M | $-18.9M | ||
| Q3 24 | $-1.9M | $-21.0M | ||
| Q2 24 | $-22.3M | $-25.6M |
| Q1 26 | — | 64.9% | ||
| Q4 25 | 55.2% | 60.6% | ||
| Q3 25 | 56.0% | 64.8% | ||
| Q2 25 | 54.2% | 65.4% | ||
| Q1 25 | 52.8% | 63.9% | ||
| Q4 24 | 55.2% | 64.0% | ||
| Q3 24 | 53.7% | 63.2% | ||
| Q2 24 | 52.6% | 59.0% |
| Q1 26 | — | -4.1% | ||
| Q4 25 | 5.6% | -40.6% | ||
| Q3 25 | 3.8% | -27.8% | ||
| Q2 25 | -2.0% | -28.0% | ||
| Q1 25 | -6.7% | -39.7% | ||
| Q4 24 | -1.2% | -28.9% | ||
| Q3 24 | 0.7% | -38.4% | ||
| Q2 24 | -24.2% | -50.3% |
| Q1 26 | — | -38.1% | ||
| Q4 25 | -3.0% | -39.1% | ||
| Q3 25 | -3.8% | -25.7% | ||
| Q2 25 | -9.8% | -24.7% | ||
| Q1 25 | -12.0% | -35.8% | ||
| Q4 24 | -13.5% | -27.6% | ||
| Q3 24 | -2.5% | -35.9% | ||
| Q2 24 | -29.6% | -48.0% |
| Q1 26 | — | $-0.56 | ||
| Q4 25 | $-0.03 | $-0.54 | ||
| Q3 25 | $-0.03 | $-0.38 | ||
| Q2 25 | $-0.08 | $-0.35 | ||
| Q1 25 | $-0.09 | $-0.45 | ||
| Q4 24 | $-0.11 | $-0.34 | ||
| Q3 24 | $-0.02 | $-0.40 | ||
| Q2 24 | $-0.21 | $-0.50 |
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 | $245.6M |
| Total DebtLower is stronger | $237.8M | $51.7M |
| Stockholders' EquityBook value | $485.0M | $347.7M |
| Total Assets | $959.5M | $487.1M |
| Debt / EquityLower = less leverage | 0.49× | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $245.6M | ||
| Q4 25 | $31.2M | $286.5M | ||
| Q3 25 | $27.9M | $294.3M | ||
| Q2 25 | $31.2M | $302.7M | ||
| Q1 25 | $44.4M | $316.2M | ||
| Q4 24 | $33.6M | $333.7M | ||
| Q3 24 | $26.0M | $196.8M | ||
| Q2 24 | $30.2M | $214.1M |
| Q1 26 | — | $51.7M | ||
| Q4 25 | $237.8M | $51.6M | ||
| Q3 25 | $238.2M | $51.6M | ||
| Q2 25 | $239.0M | $51.5M | ||
| Q1 25 | $237.5M | $51.5M | ||
| Q4 24 | $238.5M | $51.5M | ||
| Q3 24 | $113.6M | $51.4M | ||
| Q2 24 | $113.7M | $51.4M |
| Q1 26 | — | $347.7M | ||
| Q4 25 | $485.0M | $365.9M | ||
| Q3 25 | $468.8M | $380.3M | ||
| Q2 25 | $460.7M | $385.8M | ||
| Q1 25 | $446.6M | $389.2M | ||
| Q4 24 | $458.4M | $402.2M | ||
| Q3 24 | $451.0M | $241.2M | ||
| Q2 24 | $390.4M | $251.8M |
| Q1 26 | — | $487.1M | ||
| Q4 25 | $959.5M | $508.1M | ||
| Q3 25 | $936.9M | $511.5M | ||
| Q2 25 | $930.8M | $513.1M | ||
| Q1 25 | $910.1M | $519.4M | ||
| Q4 24 | $908.7M | $534.0M | ||
| Q3 24 | $748.3M | $374.1M | ||
| Q2 24 | $684.9M | $374.4M |
| Q1 26 | — | 0.15× | ||
| Q4 25 | 0.49× | 0.14× | ||
| Q3 25 | 0.51× | 0.14× | ||
| Q2 25 | 0.52× | 0.13× | ||
| Q1 25 | 0.53× | 0.13× | ||
| Q4 24 | 0.52× | 0.13× | ||
| Q3 24 | 0.25× | 0.21× | ||
| Q2 24 | 0.29× | 0.20× |
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 | — |
| 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.
| Q1 26 | — | — | ||
| Q4 25 | $10.2M | $-10.3M | ||
| Q3 25 | $5.5M | $-6.6M | ||
| Q2 25 | $4.7M | $-15.0M | ||
| Q1 25 | $13.5M | $-17.0M | ||
| Q4 24 | $-6.1M | $-32.4M | ||
| Q3 24 | $-3.2M | $-18.8M | ||
| Q2 24 | $-7.6M | $-15.7M |
| Q1 26 | — | — | ||
| Q4 25 | $4.9M | $-12.2M | ||
| Q3 25 | $1.2M | $-9.5M | ||
| Q2 25 | $-3.4M | $-17.8M | ||
| Q1 25 | $10.1M | $-18.8M | ||
| Q4 24 | $-12.2M | $-33.6M | ||
| Q3 24 | $-8.0M | $-19.0M | ||
| Q2 24 | $-13.2M | $-16.8M |
| Q1 26 | — | — | ||
| Q4 25 | 4.4% | -15.9% | ||
| Q3 25 | 1.1% | -11.4% | ||
| Q2 25 | -3.3% | -22.5% | ||
| Q1 25 | 9.8% | -27.2% | ||
| Q4 24 | -11.5% | -49.2% | ||
| Q3 24 | -10.4% | -32.6% | ||
| Q2 24 | -17.5% | -31.4% |
| Q1 26 | — | — | ||
| Q4 25 | 4.6% | 2.4% | ||
| Q3 25 | 3.9% | 3.4% | ||
| Q2 25 | 7.8% | 3.5% | ||
| Q1 25 | 3.3% | 2.7% | ||
| Q4 24 | 5.8% | 1.7% | ||
| Q3 24 | 6.3% | 0.4% | ||
| Q2 24 | 7.4% | 2.0% |
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% |
PRCT
| Handpieces and other consumables | $43.0M | 52% |
| System sales and rentals | $23.4M | 28% |
| Other | $11.1M | 13% |
| Service | $5.6M | 7% |
