R&D expense · 2017–2025

Powerfleet R&D expense

$18.4M+14.3% · FY2025

Powerfleet (AIOT) reported $18.4M in R&D expense for fiscal 2025, +14.3% year on year.

$4.5M2017$6.9M2018$8.5M2019$10.6M2020$11.4M2021$8.5M2022$8.4M2023$16.1M2024$18.4M2025
Powerfleet — R&D expense, 2017–2025
Fiscal yearR&D expenseChangeFiling
FY20252026-03-31$18.4M+14.3%Open →
FY20242025-03-31$16.1M+91.7%Open →
FY20232023-12-31$8.4M−1.1%Open →
FY20222022-12-31$8.5M−25.9%Open →
FY20212021-12-31$11.4M+7.9%Open →
FY20202020-12-31$10.6M+24.1%Open →
FY20192019-12-31$8.5M+24.4%Open →
FY20182018-12-31$6.9M+51.2%Open →
FY20172017-12-31$4.5M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2017–2025 compound annual growth +19.1%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Powerfleet R&D expense |url=https://companiesranked.com/en/company/powerfleet/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Powerfleet R&D expense. CompaniesRanked. https://companiesranked.com/en/company/powerfleet/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-powerfleet-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Powerfleet R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/powerfleet/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001628280-26-043187 · June 15, 2026

{{cite web |title=Powerfleet R&D expense — 10-K (0001628280-26-043187) |url=https://www.sec.gov/Archives/edgar/data/1774170/000162828026043187/aiot-20260331.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-06-15}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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