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Side-by-side financial comparison of Powerfleet, Inc. (AIOT) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.
Powerfleet, Inc. is the larger business by last-quarter revenue ($113.5M vs $71.1M, roughly 1.6× RE/MAX Holdings, Inc.). RE/MAX Holdings, Inc. runs the higher net margin — 2.0% vs -3.0%, a 5.0% gap on every dollar of revenue. On growth, Powerfleet, Inc. posted the faster year-over-year revenue change (6.6% vs -1.8%). RE/MAX Holdings, Inc. produced more free cash flow last quarter ($33.5M vs $4.9M). Over the past eight quarters, Powerfleet, Inc.'s revenue compounded faster (81.2% CAGR vs -4.7%).
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.
RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.
AIOT vs RMAX — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $113.5M | $71.1M |
| Net Profit | $-3.4M | $1.4M |
| Gross Margin | 55.2% | — |
| Operating Margin | 5.6% | 13.1% |
| Net Margin | -3.0% | 2.0% |
| Revenue YoY | 6.6% | -1.8% |
| Net Profit YoY | 76.6% | -75.2% |
| EPS (diluted) | $-0.03 | — |
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 | $71.1M | ||
| Q3 25 | $111.7M | $73.2M | ||
| Q2 25 | $104.1M | $72.8M | ||
| Q1 25 | $103.6M | $74.5M | ||
| Q4 24 | $106.4M | $72.5M | ||
| Q3 24 | $77.0M | $78.5M | ||
| Q2 24 | $75.4M | $78.5M | ||
| Q1 24 | — | $78.3M |
| Q4 25 | $-3.4M | $1.4M | ||
| Q3 25 | $-4.3M | $4.0M | ||
| Q2 25 | $-10.2M | $4.7M | ||
| Q1 25 | $-12.4M | $-2.0M | ||
| Q4 24 | $-14.3M | $5.8M | ||
| Q3 24 | $-1.9M | $966.0K | ||
| Q2 24 | $-22.3M | $3.7M | ||
| Q1 24 | — | $-3.4M |
| 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% | 13.1% | ||
| Q3 25 | 3.8% | 25.0% | ||
| Q2 25 | -2.0% | 19.3% | ||
| Q1 25 | -6.7% | 7.2% | ||
| Q4 24 | -1.2% | 5.9% | ||
| Q3 24 | 0.7% | 19.4% | ||
| Q2 24 | -24.2% | 20.6% | ||
| Q1 24 | — | 5.8% |
| Q4 25 | -3.0% | 2.0% | ||
| Q3 25 | -3.8% | 5.4% | ||
| Q2 25 | -9.8% | 6.4% | ||
| Q1 25 | -12.0% | -2.6% | ||
| Q4 24 | -13.5% | 8.0% | ||
| Q3 24 | -2.5% | 1.2% | ||
| Q2 24 | -29.6% | 4.7% | ||
| Q1 24 | — | -4.3% |
| Q4 25 | $-0.03 | — | ||
| Q3 25 | $-0.03 | — | ||
| Q2 25 | $-0.08 | — | ||
| Q1 25 | $-0.09 | — | ||
| Q4 24 | $-0.11 | — | ||
| Q3 24 | $-0.02 | — | ||
| Q2 24 | $-0.21 | — | ||
| Q1 24 | — | — |
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 | $118.7M |
| Total DebtLower is stronger | $237.8M | $432.2M |
| Stockholders' EquityBook value | $485.0M | $452.4M |
| Total Assets | $959.5M | $582.5M |
| Debt / EquityLower = less leverage | 0.49× | 0.96× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.2M | $118.7M | ||
| Q3 25 | $27.9M | $107.5M | ||
| Q2 25 | $31.2M | $94.3M | ||
| Q1 25 | $44.4M | $89.1M | ||
| Q4 24 | $33.6M | $96.6M | ||
| Q3 24 | $26.0M | $83.8M | ||
| Q2 24 | $30.2M | $66.1M | ||
| Q1 24 | — | $82.1M |
| Q4 25 | $237.8M | $432.2M | ||
| Q3 25 | $238.2M | $433.3M | ||
| Q2 25 | $239.0M | $434.4M | ||
| Q1 25 | $237.5M | $435.3M | ||
| Q4 24 | $238.5M | $436.2M | ||
| Q3 24 | $113.6M | $437.2M | ||
| Q2 24 | $113.7M | $438.1M | ||
| Q1 24 | — | $439.0M |
| Q4 25 | $485.0M | $452.4M | ||
| Q3 25 | $468.8M | $448.1M | ||
| Q2 25 | $460.7M | $442.4M | ||
| Q1 25 | $446.6M | $433.5M | ||
| Q4 24 | $458.4M | $429.5M | ||
| Q3 24 | $451.0M | $423.1M | ||
| Q2 24 | $390.4M | $418.4M | ||
| Q1 24 | — | $412.0M |
| Q4 25 | $959.5M | $582.5M | ||
| Q3 25 | $936.9M | $582.2M | ||
| Q2 25 | $930.8M | $574.8M | ||
| Q1 25 | $910.1M | $571.4M | ||
| Q4 24 | $908.7M | $581.6M | ||
| Q3 24 | $748.3M | $578.6M | ||
| Q2 24 | $684.9M | $571.4M | ||
| Q1 24 | — | $566.7M |
| Q4 25 | 0.49× | 0.96× | ||
| Q3 25 | 0.51× | 0.97× | ||
| Q2 25 | 0.52× | 0.98× | ||
| Q1 25 | 0.53× | 1.00× | ||
| Q4 24 | 0.52× | 1.02× | ||
| Q3 24 | 0.25× | 1.03× | ||
| Q2 24 | 0.29× | 1.05× | ||
| Q1 24 | — | 1.07× |
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 | $40.9M |
| Free Cash FlowOCF − Capex | $4.9M | $33.5M |
| FCF MarginFCF / Revenue | 4.4% | 47.1% |
| Capex IntensityCapex / Revenue | 4.6% | 10.4% |
| Cash ConversionOCF / Net Profit | — | 28.39× |
| TTM Free Cash FlowTrailing 4 quarters | $12.9M | $56.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.2M | $40.9M | ||
| Q3 25 | $5.5M | $17.7M | ||
| Q2 25 | $4.7M | $4.6M | ||
| Q1 25 | $13.5M | $5.7M | ||
| Q4 24 | $-6.1M | $59.7M | ||
| Q3 24 | $-3.2M | $17.6M | ||
| Q2 24 | $-7.6M | $15.9M | ||
| Q1 24 | — | $9.4M |
| Q4 25 | $4.9M | $33.5M | ||
| Q3 25 | $1.2M | $16.4M | ||
| Q2 25 | $-3.4M | $2.9M | ||
| Q1 25 | $10.1M | $4.0M | ||
| Q4 24 | $-12.2M | $53.0M | ||
| Q3 24 | $-8.0M | $16.3M | ||
| Q2 24 | $-13.2M | $14.0M | ||
| Q1 24 | — | $6.8M |
| Q4 25 | 4.4% | 47.1% | ||
| Q3 25 | 1.1% | 22.4% | ||
| Q2 25 | -3.3% | 4.0% | ||
| Q1 25 | 9.8% | 5.3% | ||
| Q4 24 | -11.5% | 73.2% | ||
| Q3 24 | -10.4% | 20.8% | ||
| Q2 24 | -17.5% | 17.8% | ||
| Q1 24 | — | 8.6% |
| Q4 25 | 4.6% | 10.4% | ||
| Q3 25 | 3.9% | 1.8% | ||
| Q2 25 | 7.8% | 2.2% | ||
| Q1 25 | 3.3% | 2.3% | ||
| Q4 24 | 5.8% | 9.1% | ||
| Q3 24 | 6.3% | 1.7% | ||
| Q2 24 | 7.4% | 2.4% | ||
| Q1 24 | — | 3.3% |
| Q4 25 | — | 28.39× | ||
| Q3 25 | — | 4.45× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 10.28× | ||
| Q3 24 | — | 18.22× | ||
| Q2 24 | — | 4.29× | ||
| 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% |
RMAX
| Franchising Segment | $50.1M | 70% |
| Broker Fees | $13.9M | 20% |
| Annual Dues | $7.4M | 10% |
