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Powerfleet, Inc.（AIOT）与Repay Holdings Corp（RPAY）财务数据对比。点击上方公司名可切换其他公司
Powerfleet, Inc.的季度营收约是Repay Holdings Corp的1.4倍（$113.5M vs $78.6M），Powerfleet, Inc.净利率更高（-3.0% vs -178.3%，领先175.3%），Powerfleet, Inc.同比增速更快（6.6% vs 0.4%），Repay Holdings Corp自由现金流更多（$23.2M vs $4.9M），过去两年Powerfleet, Inc.的营收复合增速更高（81.2% vs -1.3%）
Powerfleet Inc.是一家总部位于美国新泽西州伍德克利夫湖的企业，作为全球供应商向市场提供物联网与机器对机器解决方案，助力企业保护、管控及追踪高价值资产。公司是国际车联网行业的知名服务商，可为工业车辆、车队及货运集装箱提供车队管理、资产追踪、货运可视化与驾驶员行为监控服务。
Repay Holdings Corp是一家聚焦北美市场的支付技术服务商，为零售、医疗、汽车服务、电商等领域的企业提供整合支付处理方案，涵盖银行卡收单、ACH转账、POS系统集成等数字化支付工具，助力客户简化交易流程、提升运营效率。
AIOT vs RPAY — 直观对比
营收规模更大
AIOT
是对方的1.4倍
$78.6M
营收增速更快
AIOT
高出6.2%
0.4%
净利率更高
AIOT
高出175.3%
-178.3%
自由现金流更多
RPAY
多$18.3M
$4.9M
两年增速更快
AIOT
近两年复合增速
-1.3%
损益表 — Q3 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $113.5M | $78.6M |
| 净利润 | $-3.4M | $-140.1M |
| 毛利率 | 55.2% | 74.2% |
| 营业利润率 | 5.6% | -182.2% |
| 净利率 | -3.0% | -178.3% |
| 营收同比 | 6.6% | 0.4% |
| 净利润同比 | 76.6% | -3304.1% |
| 每股收益（稀释后） | $-0.03 | $-1.68 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收AIOTRPAY
| Q4 25 | $113.5M | $78.6M | ||
| Q3 25 | $111.7M | $77.7M | ||
| Q2 25 | $104.1M | $75.6M | ||
| Q1 25 | $103.6M | $77.3M | ||
| Q4 24 | $106.4M | $78.3M | ||
| Q3 24 | $77.0M | $79.1M | ||
| Q2 24 | $75.4M | $74.9M | ||
| Q1 24 | — | $80.7M |
净利润AIOTRPAY
| Q4 25 | $-3.4M | $-140.1M | ||
| Q3 25 | $-4.3M | $-6.4M | ||
| Q2 25 | $-10.2M | $-102.3M | ||
| Q1 25 | $-12.4M | $-7.9M | ||
| Q4 24 | $-14.3M | $-4.1M | ||
| Q3 24 | $-1.9M | $3.2M | ||
| Q2 24 | $-22.3M | $-4.1M | ||
| Q1 24 | — | $-5.2M |
毛利率AIOTRPAY
| Q4 25 | 55.2% | 74.2% | ||
| Q3 25 | 56.0% | 74.4% | ||
| Q2 25 | 54.2% | 75.7% | ||
| Q1 25 | 52.8% | 75.9% | ||
| Q4 24 | 55.2% | 76.3% | ||
| Q3 24 | 53.7% | 77.8% | ||
| Q2 24 | 52.6% | 78.2% | ||
| Q1 24 | — | 76.2% |
营业利润率AIOTRPAY
| Q4 25 | 5.6% | -182.2% | ||
| Q3 25 | 3.8% | -3.9% | ||
| Q2 25 | -2.0% | -138.7% | ||
| Q1 25 | -6.7% | -4.7% | ||
| Q4 24 | -1.2% | -1.5% | ||
| Q3 24 | 0.7% | -0.9% | ||
| Q2 24 | -24.2% | -4.6% | ||
| Q1 24 | — | -3.1% |
净利率AIOTRPAY
| Q4 25 | -3.0% | -178.3% | ||
| Q3 25 | -3.8% | -8.3% | ||
| Q2 25 | -9.8% | -135.2% | ||
| Q1 25 | -12.0% | -10.3% | ||
| Q4 24 | -13.5% | -5.3% | ||
| Q3 24 | -2.5% | 4.1% | ||
| Q2 24 | -29.6% | -5.4% | ||
| Q1 24 | — | -6.5% |
每股收益（稀释后）AIOTRPAY
| Q4 25 | $-0.03 | $-1.68 | ||
| Q3 25 | $-0.03 | $-0.08 | ||
| Q2 25 | $-0.08 | $-1.15 | ||
| Q1 25 | $-0.09 | $-0.09 | ||
| Q4 24 | $-0.11 | $-0.04 | ||
| Q3 24 | $-0.02 | $0.03 | ||
| Q2 24 | $-0.21 | $-0.04 | ||
| Q1 24 | — | $-0.06 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $31.2M | $115.7M |
| 总债务越低越好 | $237.8M | $280.1M |
| 股东权益账面价值 | $485.0M | $484.4M |
| 总资产 | $959.5M | $1.2B |
| 负债/权益比越低杠杆越低 | 0.49× | 0.58× |
8季度趋势，按日历期对齐
现金及短期投资AIOTRPAY
| Q4 25 | $31.2M | $115.7M | ||
| Q3 25 | $27.9M | $95.7M | ||
| Q2 25 | $31.2M | $162.6M | ||
| Q1 25 | $44.4M | $165.5M | ||
| Q4 24 | $33.6M | $189.5M | ||
| Q3 24 | $26.0M | $168.7M | ||
| Q2 24 | $30.2M | $147.1M | ||
| Q1 24 | — | $128.3M |
总债务AIOTRPAY
| Q4 25 | $237.8M | $280.1M | ||
| Q3 25 | $238.2M | $279.5M | ||
| Q2 25 | $239.0M | $279.0M | ||
| Q1 25 | $237.5M | $497.6M | ||
| Q4 24 | $238.5M | $496.8M | ||
| Q3 24 | $113.6M | $496.2M | ||
| Q2 24 | $113.7M | $435.6M | ||
| Q1 24 | — | $434.9M |
股东权益AIOTRPAY
| Q4 25 | $485.0M | $484.4M | ||
| Q3 25 | $468.8M | $616.9M | ||
| Q2 25 | $460.7M | $633.7M | ||
| Q1 25 | $446.6M | $755.7M | ||
| Q4 24 | $458.4M | $761.3M | ||
| Q3 24 | $451.0M | $754.7M | ||
| Q2 24 | $390.4M | $815.4M | ||
| Q1 24 | — | $813.8M |
总资产AIOTRPAY
| Q4 25 | $959.5M | $1.2B | ||
| Q3 25 | $936.9M | $1.3B | ||
| Q2 25 | $930.8M | $1.4B | ||
| Q1 25 | $910.1M | $1.5B | ||
| Q4 24 | $908.7M | $1.6B | ||
| Q3 24 | $748.3M | $1.6B | ||
| Q2 24 | $684.9M | $1.5B | ||
| Q1 24 | — | $1.5B |
负债/权益比AIOTRPAY
| Q4 25 | 0.49× | 0.58× | ||
| Q3 25 | 0.51× | 0.45× | ||
| Q2 25 | 0.52× | 0.44× | ||
| Q1 25 | 0.53× | 0.66× | ||
| Q4 24 | 0.52× | 0.65× | ||
| Q3 24 | 0.25× | 0.66× | ||
| Q2 24 | 0.29× | 0.53× | ||
| Q1 24 | — | 0.53× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $10.2M | $23.3M |
| 自由现金流经营现金流 - 资本支出 | $4.9M | $23.2M |
| 自由现金流率自由现金流/营收 | 4.4% | 29.6% |
| 资本支出强度资本支出/营收 | 4.6% | 0.1% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $12.9M | $90.7M |
8季度趋势，按日历期对齐
经营现金流AIOTRPAY
| Q4 25 | $10.2M | $23.3M | ||
| Q3 25 | $5.5M | $32.2M | ||
| Q2 25 | $4.7M | $33.1M | ||
| Q1 25 | $13.5M | $2.5M | ||
| Q4 24 | $-6.1M | $34.3M | ||
| Q3 24 | $-3.2M | $60.1M | ||
| Q2 24 | $-7.6M | $31.0M | ||
| Q1 24 | — | $24.8M |
自由现金流AIOTRPAY
| Q4 25 | $4.9M | $23.2M | ||
| Q3 25 | $1.2M | $32.1M | ||
| Q2 25 | $-3.4M | $33.0M | ||
| Q1 25 | $10.1M | $2.4M | ||
| Q4 24 | $-12.2M | $34.0M | ||
| Q3 24 | $-8.0M | $59.8M | ||
| Q2 24 | $-13.2M | $30.5M | ||
| Q1 24 | — | $24.7M |
自由现金流率AIOTRPAY
| Q4 25 | 4.4% | 29.6% | ||
| Q3 25 | 1.1% | 41.3% | ||
| Q2 25 | -3.3% | 43.6% | ||
| Q1 25 | 9.8% | 3.0% | ||
| Q4 24 | -11.5% | 43.5% | ||
| Q3 24 | -10.4% | 75.6% | ||
| Q2 24 | -17.5% | 40.7% | ||
| Q1 24 | — | 30.6% |
资本支出强度AIOTRPAY
| Q4 25 | 4.6% | 0.1% | ||
| Q3 25 | 3.9% | 0.2% | ||
| Q2 25 | 7.8% | 0.1% | ||
| Q1 25 | 3.3% | 0.2% | ||
| Q4 24 | 5.8% | 0.3% | ||
| Q3 24 | 6.3% | 0.3% | ||
| Q2 24 | 7.4% | 0.6% | ||
| Q1 24 | — | 0.1% |
现金转化率AIOTRPAY
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 18.52× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
AIOT
| Services | $91.1M | 80% |
| Products | $22.4M | 20% |
RPAY
| Sales Channel Directly To Consumer | $69.4M | 88% |
| Other | $6.8M | 9% |
| Sales Channel Through Intermediary | $2.3M | 3% |
