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Side-by-side financial comparison of Powerfleet, Inc. (AIOT) and STRATASYS LTD. (SSYS). Click either name above to swap in a different company.

STRATASYS LTD. is the larger business by last-quarter revenue ($137.0M vs $113.5M, roughly 1.2× Powerfleet, Inc.). Powerfleet, Inc. runs the higher net margin — -3.0% vs -40.6%, a 37.7% gap on every dollar of revenue. On growth, Powerfleet, Inc. posted the faster year-over-year revenue change (6.6% vs -2.2%). Powerfleet, Inc. produced more free cash flow last quarter ($4.9M vs $2.5M). Over the past eight quarters, Powerfleet, Inc.'s revenue compounded faster (81.2% CAGR vs -7.4%).

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.

Stratasys, Ltd. is an American-Israeli manufacturer of 3D printers, software, and materials for polymer additive manufacturing as well as 3D-printed parts on-demand. The company is incorporated in Israel. Engineers use Stratasys systems to model complex geometries in a wide range of polymer materials, including: ABS, polyphenylsulfone (PPSF), polycarbonate (PC), polyetherimide and Nylon 12.

AIOT vs SSYS — Head-to-Head

Bigger by revenue
SSYS
SSYS
1.2× larger
SSYS
$137.0M
$113.5M
AIOT
Growing faster (revenue YoY)
AIOT
AIOT
+8.8% gap
AIOT
6.6%
-2.2%
SSYS
Higher net margin
AIOT
AIOT
37.7% more per $
AIOT
-3.0%
-40.6%
SSYS
More free cash flow
AIOT
AIOT
$2.5M more FCF
AIOT
$4.9M
$2.5M
SSYS
Faster 2-yr revenue CAGR
AIOT
AIOT
Annualised
AIOT
81.2%
-7.4%
SSYS

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
AIOT
AIOT
SSYS
SSYS
Revenue
$113.5M
$137.0M
Net Profit
$-3.4M
$-55.6M
Gross Margin
55.2%
41.0%
Operating Margin
5.6%
-16.6%
Net Margin
-3.0%
-40.6%
Revenue YoY
6.6%
-2.2%
Net Profit YoY
76.6%
-109.0%
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.

Revenue
AIOT
AIOT
SSYS
SSYS
Q4 25
$113.5M
Q3 25
$111.7M
$137.0M
Q2 25
$104.1M
$138.1M
Q1 25
$103.6M
$136.0M
Q4 24
$106.4M
Q3 24
$77.0M
$140.0M
Q2 24
$75.4M
$138.0M
Q1 24
$144.1M
Net Profit
AIOT
AIOT
SSYS
SSYS
Q4 25
$-3.4M
Q3 25
$-4.3M
$-55.6M
Q2 25
$-10.2M
$-16.7M
Q1 25
$-12.4M
$-13.1M
Q4 24
$-14.3M
Q3 24
$-1.9M
$-26.6M
Q2 24
$-22.3M
$-25.7M
Q1 24
$-26.0M
Gross Margin
AIOT
AIOT
SSYS
SSYS
Q4 25
55.2%
Q3 25
56.0%
41.0%
Q2 25
54.2%
43.1%
Q1 25
52.8%
44.3%
Q4 24
55.2%
Q3 24
53.7%
44.8%
Q2 24
52.6%
43.8%
Q1 24
44.4%
Operating Margin
AIOT
AIOT
SSYS
SSYS
Q4 25
5.6%
Q3 25
3.8%
-16.6%
Q2 25
-2.0%
-12.0%
Q1 25
-6.7%
-9.1%
Q4 24
-1.2%
Q3 24
0.7%
-18.2%
Q2 24
-24.2%
-18.9%
Q1 24
-17.0%
Net Margin
AIOT
AIOT
SSYS
SSYS
Q4 25
-3.0%
Q3 25
-3.8%
-40.6%
Q2 25
-9.8%
-12.1%
Q1 25
-12.0%
-9.6%
Q4 24
-13.5%
Q3 24
-2.5%
-19.0%
Q2 24
-29.6%
-18.6%
Q1 24
-18.0%
EPS (diluted)
AIOT
AIOT
SSYS
SSYS
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
AIOT
AIOT
SSYS
SSYS
Cash + ST InvestmentsLiquidity on hand
$31.2M
$71.5M
Total DebtLower is stronger
$237.8M
Stockholders' EquityBook value
$485.0M
$852.5M
Total Assets
$959.5M
$1.1B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AIOT
AIOT
SSYS
SSYS
Q4 25
$31.2M
Q3 25
$27.9M
$71.5M
Q2 25
$31.2M
$71.1M
Q1 25
$44.4M
$70.1M
Q4 24
$33.6M
Q3 24
$26.0M
$64.0M
Q2 24
$30.2M
$70.9M
Q1 24
$91.1M
Total Debt
AIOT
AIOT
SSYS
SSYS
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
Stockholders' Equity
AIOT
AIOT
SSYS
SSYS
Q4 25
$485.0M
Q3 25
$468.8M
$852.5M
Q2 25
$460.7M
$902.4M
Q1 25
$446.6M
$784.8M
Q4 24
$458.4M
Q3 24
$451.0M
$831.8M
Q2 24
$390.4M
$850.5M
Q1 24
$866.1M
Total Assets
AIOT
AIOT
SSYS
SSYS
Q4 25
$959.5M
Q3 25
$936.9M
$1.1B
Q2 25
$930.8M
$1.1B
Q1 25
$910.1M
$1.0B
Q4 24
$908.7M
Q3 24
$748.3M
$1.1B
Q2 24
$684.9M
$1.1B
Q1 24
$1.1B
Debt / Equity
AIOT
AIOT
SSYS
SSYS
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
AIOT
AIOT
SSYS
SSYS
Operating Cash FlowLast quarter
$10.2M
$6.9M
Free Cash FlowOCF − Capex
$4.9M
$2.5M
FCF MarginFCF / Revenue
4.4%
1.8%
Capex IntensityCapex / Revenue
4.6%
3.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$12.9M
$-11.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AIOT
AIOT
SSYS
SSYS
Q4 25
$10.2M
Q3 25
$5.5M
$6.9M
Q2 25
$4.7M
$-1.1M
Q1 25
$13.5M
$4.5M
Q4 24
$-6.1M
Q3 24
$-3.2M
$-4.5M
Q2 24
$-7.6M
$-2.4M
Q1 24
$7.3M
Free Cash Flow
AIOT
AIOT
SSYS
SSYS
Q4 25
$4.9M
Q3 25
$1.2M
$2.5M
Q2 25
$-3.4M
$-8.4M
Q1 25
$10.1M
$789.0K
Q4 24
$-12.2M
Q3 24
$-8.0M
$-6.3M
Q2 24
$-13.2M
$-4.9M
Q1 24
$5.0M
FCF Margin
AIOT
AIOT
SSYS
SSYS
Q4 25
4.4%
Q3 25
1.1%
1.8%
Q2 25
-3.3%
-6.1%
Q1 25
9.8%
0.6%
Q4 24
-11.5%
Q3 24
-10.4%
-4.5%
Q2 24
-17.5%
-3.6%
Q1 24
3.5%
Capex Intensity
AIOT
AIOT
SSYS
SSYS
Q4 25
4.6%
Q3 25
3.9%
3.2%
Q2 25
7.8%
5.3%
Q1 25
3.3%
2.8%
Q4 24
5.8%
Q3 24
6.3%
1.3%
Q2 24
7.4%
1.8%
Q1 24
1.6%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AIOT
AIOT

Services$91.1M80%
Products$22.4M20%

SSYS
SSYS

Segment breakdown not available.

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