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Side-by-side financial comparison of Powerfleet, Inc. (AIOT) and VIRTUS INVESTMENT PARTNERS, INC. (VRTS). Click either name above to swap in a different company.
VIRTUS INVESTMENT PARTNERS, INC. is the larger business by last-quarter revenue ($208.0M vs $113.5M, roughly 1.8× Powerfleet, Inc.). VIRTUS INVESTMENT PARTNERS, INC. runs the higher net margin — 16.3% vs -3.0%, a 19.2% gap on every dollar of revenue. On growth, Powerfleet, Inc. posted the faster year-over-year revenue change (6.6% vs -10.9%). Powerfleet, Inc. produced more free cash flow last quarter ($4.9M vs $-74.1M). Over the past eight quarters, Powerfleet, Inc.'s revenue compounded faster (81.2% CAGR vs -3.2%).
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.
VIRTUS INVESTMENT PARTNERS, INC.VRTSEarnings & Financial Report
Virtus Investment Partners, Inc. is an American company which operates as a multi-manager asset management business, comprising a number of individual affiliated managers, each having its own investment process and brand, and the services of unaffiliated sub advisers.
AIOT vs VRTS — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $113.5M | $208.0M |
| Net Profit | $-3.4M | $33.9M |
| Gross Margin | 55.2% | — |
| Operating Margin | 5.6% | 19.1% |
| Net Margin | -3.0% | 16.3% |
| Revenue YoY | 6.6% | -10.9% |
| Net Profit YoY | 76.6% | -14.2% |
| EPS (diluted) | $-0.03 | $5.15 |
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 | $208.0M | ||
| Q3 25 | $111.7M | $216.4M | ||
| Q2 25 | $104.1M | $210.5M | ||
| Q1 25 | $103.6M | $217.9M | ||
| Q4 24 | $106.4M | $233.5M | ||
| Q3 24 | $77.0M | $227.0M | ||
| Q2 24 | $75.4M | $224.4M | ||
| Q1 24 | — | $222.0M |
| Q4 25 | $-3.4M | $33.9M | ||
| Q3 25 | $-4.3M | $31.3M | ||
| Q2 25 | $-10.2M | $42.7M | ||
| Q1 25 | $-12.4M | $28.1M | ||
| Q4 24 | $-14.3M | $39.5M | ||
| Q3 24 | $-1.9M | $49.1M | ||
| Q2 24 | $-22.3M | $26.0M | ||
| Q1 24 | — | $37.9M |
| 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% | 19.1% | ||
| Q3 25 | 3.8% | 21.7% | ||
| Q2 25 | -2.0% | 21.5% | ||
| Q1 25 | -6.7% | 16.8% | ||
| Q4 24 | -1.2% | 21.7% | ||
| Q3 24 | 0.7% | 24.3% | ||
| Q2 24 | -24.2% | 19.7% | ||
| Q1 24 | — | 14.5% |
| Q4 25 | -3.0% | 16.3% | ||
| Q3 25 | -3.8% | 14.5% | ||
| Q2 25 | -9.8% | 20.3% | ||
| Q1 25 | -12.0% | 12.9% | ||
| Q4 24 | -13.5% | 16.9% | ||
| Q3 24 | -2.5% | 21.6% | ||
| Q2 24 | -29.6% | 11.6% | ||
| Q1 24 | — | 17.1% |
| Q4 25 | $-0.03 | $5.15 | ||
| Q3 25 | $-0.03 | $4.65 | ||
| Q2 25 | $-0.08 | $6.12 | ||
| Q1 25 | $-0.09 | $4.05 | ||
| Q4 24 | $-0.11 | $4.65 | ||
| Q3 24 | $-0.02 | $5.71 | ||
| Q2 24 | $-0.21 | $2.43 | ||
| Q1 24 | — | $4.10 |
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 | — |
| Total DebtLower is stronger | $237.8M | $390.0M |
| Stockholders' EquityBook value | $485.0M | $934.0M |
| Total Assets | $959.5M | $4.3B |
| Debt / EquityLower = less leverage | 0.49× | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $31.2M | — | ||
| Q3 25 | $27.9M | — | ||
| Q2 25 | $31.2M | — | ||
| Q1 25 | $44.4M | — | ||
| Q4 24 | $33.6M | — | ||
| Q3 24 | $26.0M | — | ||
| Q2 24 | $30.2M | — | ||
| Q1 24 | — | — |
| Q4 25 | $237.8M | $390.0M | ||
| Q3 25 | $238.2M | $390.6M | ||
| Q2 25 | $239.0M | $231.3M | ||
| Q1 25 | $237.5M | $231.7M | ||
| Q4 24 | $238.5M | $232.1M | ||
| Q3 24 | $113.6M | $237.5M | ||
| Q2 24 | $113.7M | $247.6M | ||
| Q1 24 | — | $253.0M |
| Q4 25 | $485.0M | $934.0M | ||
| Q3 25 | $468.8M | $918.7M | ||
| Q2 25 | $460.7M | $896.4M | ||
| Q1 25 | $446.6M | $893.7M | ||
| Q4 24 | $458.4M | $897.5M | ||
| Q3 24 | $451.0M | $889.0M | ||
| Q2 24 | $390.4M | $868.7M | ||
| Q1 24 | — | $871.7M |
| Q4 25 | $959.5M | $4.3B | ||
| Q3 25 | $936.9M | $3.9B | ||
| Q2 25 | $930.8M | $3.7B | ||
| Q1 25 | $910.1M | $3.7B | ||
| Q4 24 | $908.7M | $4.0B | ||
| Q3 24 | $748.3M | $3.6B | ||
| Q2 24 | $684.9M | $3.6B | ||
| Q1 24 | — | $3.5B |
| Q4 25 | 0.49× | 0.42× | ||
| Q3 25 | 0.51× | 0.43× | ||
| Q2 25 | 0.52× | 0.26× | ||
| Q1 25 | 0.53× | 0.26× | ||
| Q4 24 | 0.52× | 0.26× | ||
| Q3 24 | 0.25× | 0.27× | ||
| Q2 24 | 0.29× | 0.29× | ||
| Q1 24 | — | 0.29× |
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 | $-67.2M |
| Free Cash FlowOCF − Capex | $4.9M | $-74.1M |
| FCF MarginFCF / Revenue | 4.4% | -35.6% |
| Capex IntensityCapex / Revenue | 4.6% | 3.3% |
| Cash ConversionOCF / Net Profit | — | -1.99× |
| TTM Free Cash FlowTrailing 4 quarters | $12.9M | $100.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $10.2M | $-67.2M | ||
| Q3 25 | $5.5M | $108.3M | ||
| Q2 25 | $4.7M | $75.8M | ||
| Q1 25 | $13.5M | $-3.8M | ||
| Q4 24 | $-6.1M | $1.8M | ||
| Q3 24 | $-3.2M | $69.1M | ||
| Q2 24 | $-7.6M | $70.0M | ||
| Q1 24 | — | $-34.5M |
| Q4 25 | $4.9M | $-74.1M | ||
| Q3 25 | $1.2M | $106.9M | ||
| Q2 25 | $-3.4M | $74.2M | ||
| Q1 25 | $10.1M | $-6.8M | ||
| Q4 24 | $-12.2M | $-3.8M | ||
| Q3 24 | $-8.0M | $68.7M | ||
| Q2 24 | $-13.2M | $68.6M | ||
| Q1 24 | — | $-36.5M |
| Q4 25 | 4.4% | -35.6% | ||
| Q3 25 | 1.1% | 49.4% | ||
| Q2 25 | -3.3% | 35.2% | ||
| Q1 25 | 9.8% | -3.1% | ||
| Q4 24 | -11.5% | -1.6% | ||
| Q3 24 | -10.4% | 30.3% | ||
| Q2 24 | -17.5% | 30.6% | ||
| Q1 24 | — | -16.4% |
| Q4 25 | 4.6% | 3.3% | ||
| Q3 25 | 3.9% | 0.7% | ||
| Q2 25 | 7.8% | 0.7% | ||
| Q1 25 | 3.3% | 1.4% | ||
| Q4 24 | 5.8% | 2.4% | ||
| Q3 24 | 6.3% | 0.2% | ||
| Q2 24 | 7.4% | 0.6% | ||
| Q1 24 | — | 0.9% |
| Q4 25 | — | -1.99× | ||
| Q3 25 | — | 3.45× | ||
| Q2 25 | — | 1.77× | ||
| Q1 25 | — | -0.13× | ||
| Q4 24 | — | 0.04× | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | — | 2.69× | ||
| Q1 24 | — | -0.91× |
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% |
VRTS
| Open End Funds | $68.9M | 33% |
| Retail Separate Accounts | $51.3M | 25% |
| Institutional Accounts | $39.6M | 19% |
| Administration And Shareholder Service Fees | $18.4M | 9% |
| Closed End Funds | $15.9M | 8% |
| Distribution And Service Fees | $12.3M | 6% |
