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Side-by-side financial comparison of Powerfleet, Inc. (AIOT) and STURM RUGER & CO INC (RGR). Click either name above to swap in a different company.
STURM RUGER & CO INC is the larger business by last-quarter revenue ($151.1M vs $113.5M, roughly 1.3× Powerfleet, Inc.). On growth, Powerfleet, Inc. posted the faster year-over-year revenue change (6.6% vs 3.6%). STURM RUGER & CO INC produced more free cash flow last quarter ($12.3M vs $4.9M). Over the past eight quarters, Powerfleet, Inc.'s revenue compounded faster (81.2% CAGR vs 5.1%).
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.
Sturm, Ruger & Company, Inc., better known by the shortened name Ruger, is an American firearm manufacturing company based in Southport, Connecticut, with production facilities also in Newport, New Hampshire; Mayodan, North Carolina; and Prescott, Arizona. The company was founded in 1949 by Alexander McCormick Sturm and William B. Ruger and has been publicly traded since 1969.
AIOT vs RGR — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $113.5M | $151.1M |
| Net Profit | $-3.4M | — |
| Gross Margin | 55.2% | 17.8% |
| Operating Margin | 5.6% | 2.3% |
| Net Margin | -3.0% | — |
| Revenue YoY | 6.6% | 3.6% |
| Net Profit YoY | 76.6% | — |
| EPS (diluted) | $-0.03 | $0.22 |
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 | $151.1M | ||
| Q3 25 | $111.7M | $126.8M | ||
| Q2 25 | $104.1M | $132.5M | ||
| Q1 25 | $103.6M | $135.7M | ||
| Q4 24 | $106.4M | $145.8M | ||
| Q3 24 | $77.0M | $122.3M | ||
| Q2 24 | $75.4M | $130.8M | ||
| Q1 24 | — | $136.8M |
| Q4 25 | $-3.4M | — | ||
| Q3 25 | $-4.3M | $1.6M | ||
| Q2 25 | $-10.2M | $-17.2M | ||
| Q1 25 | $-12.4M | $7.8M | ||
| Q4 24 | $-14.3M | — | ||
| Q3 24 | $-1.9M | $4.7M | ||
| Q2 24 | $-22.3M | $8.3M | ||
| Q1 24 | — | $7.1M |
| Q4 25 | 55.2% | 17.8% | ||
| Q3 25 | 56.0% | 15.1% | ||
| Q2 25 | 54.2% | 3.9% | ||
| Q1 25 | 52.8% | 22.0% | ||
| Q4 24 | 55.2% | 22.8% | ||
| Q3 24 | 53.7% | 18.5% | ||
| Q2 24 | 52.6% | 22.3% | ||
| Q1 24 | — | 21.5% |
| Q4 25 | 5.6% | 2.3% | ||
| Q3 25 | 3.8% | -2.7% | ||
| Q2 25 | -2.0% | -15.6% | ||
| Q1 25 | -6.7% | 6.2% | ||
| Q4 24 | -1.2% | 7.8% | ||
| Q3 24 | 0.7% | 3.1% | ||
| Q2 24 | -24.2% | 6.9% | ||
| Q1 24 | — | 5.5% |
| Q4 25 | -3.0% | — | ||
| Q3 25 | -3.8% | 1.2% | ||
| Q2 25 | -9.8% | -13.0% | ||
| Q1 25 | -12.0% | 5.7% | ||
| Q4 24 | -13.5% | — | ||
| Q3 24 | -2.5% | 3.9% | ||
| Q2 24 | -29.6% | 6.3% | ||
| Q1 24 | — | 5.2% |
| Q4 25 | $-0.03 | $0.22 | ||
| Q3 25 | $-0.03 | $0.10 | ||
| Q2 25 | $-0.08 | $-1.05 | ||
| Q1 25 | $-0.09 | $0.46 | ||
| Q4 24 | $-0.11 | $0.62 | ||
| Q3 24 | $-0.02 | $0.28 | ||
| Q2 24 | $-0.21 | $0.47 | ||
| Q1 24 | — | $0.40 |
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 | $92.5M |
| Total DebtLower is stronger | $237.8M | — |
| Stockholders' EquityBook value | $485.0M | $283.8M |
| Total Assets | $959.5M | $342.0M |
| Debt / EquityLower = less leverage | 0.49× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.2M | $92.5M | ||
| Q3 25 | $27.9M | $80.8M | ||
| Q2 25 | $31.2M | $101.4M | ||
| Q1 25 | $44.4M | $108.3M | ||
| Q4 24 | $33.6M | $105.5M | ||
| Q3 24 | $26.0M | $96.0M | ||
| Q2 24 | $30.2M | $105.6M | ||
| Q1 24 | — | $115.3M |
| 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 | — | — |
| Q4 25 | $485.0M | $283.8M | ||
| Q3 25 | $468.8M | $279.6M | ||
| Q2 25 | $460.7M | $289.3M | ||
| Q1 25 | $446.6M | $321.5M | ||
| Q4 24 | $458.4M | $319.6M | ||
| Q3 24 | $451.0M | $314.9M | ||
| Q2 24 | $390.4M | $321.5M | ||
| Q1 24 | — | $332.0M |
| Q4 25 | $959.5M | $342.0M | ||
| Q3 25 | $936.9M | $342.3M | ||
| Q2 25 | $930.8M | $349.5M | ||
| Q1 25 | $910.1M | $379.0M | ||
| Q4 24 | $908.7M | $384.0M | ||
| Q3 24 | $748.3M | $373.5M | ||
| Q2 24 | $684.9M | $376.7M | ||
| Q1 24 | — | $385.0M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $10.2M | $15.5M |
| Free Cash FlowOCF − Capex | $4.9M | $12.3M |
| FCF MarginFCF / Revenue | 4.4% | 8.2% |
| Capex IntensityCapex / Revenue | 4.6% | 2.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $12.9M | $38.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.2M | $15.5M | ||
| Q3 25 | $5.5M | $12.9M | ||
| Q2 25 | $4.7M | $14.7M | ||
| Q1 25 | $13.5M | $11.1M | ||
| Q4 24 | $-6.1M | $20.0M | ||
| Q3 24 | $-3.2M | $9.4M | ||
| Q2 24 | $-7.6M | $18.7M | ||
| Q1 24 | — | $7.3M |
| Q4 25 | $4.9M | $12.3M | ||
| Q3 25 | $1.2M | $7.0M | ||
| Q2 25 | $-3.4M | $9.1M | ||
| Q1 25 | $10.1M | $10.0M | ||
| Q4 24 | $-12.2M | $16.4M | ||
| Q3 24 | $-8.0M | $2.6M | ||
| Q2 24 | $-13.2M | $10.1M | ||
| Q1 24 | — | $5.6M |
| Q4 25 | 4.4% | 8.2% | ||
| Q3 25 | 1.1% | 5.5% | ||
| Q2 25 | -3.3% | 6.9% | ||
| Q1 25 | 9.8% | 7.4% | ||
| Q4 24 | -11.5% | 11.2% | ||
| Q3 24 | -10.4% | 2.1% | ||
| Q2 24 | -17.5% | 7.7% | ||
| Q1 24 | — | 4.1% |
| Q4 25 | 4.6% | 2.1% | ||
| Q3 25 | 3.9% | 4.6% | ||
| Q2 25 | 7.8% | 4.2% | ||
| Q1 25 | 3.3% | 0.8% | ||
| Q4 24 | 5.8% | 2.5% | ||
| Q3 24 | 6.3% | 5.5% | ||
| Q2 24 | 7.4% | 6.6% | ||
| Q1 24 | — | 1.3% |
| Q4 25 | — | — | ||
| Q3 25 | — | 8.15× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 1.43× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 1.98× | ||
| Q2 24 | — | 2.27× | ||
| Q1 24 | — | 1.04× |
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% |
RGR
| Firearms | $150.6M | 100% |
| Castings | $7.3M | 5% |
