Powerfleet, Inc. (AIOT): R&D Expense

Annual figures by period end, from SEC filings.

Restated years: each year's figure is from the latest filing that reports it. The company later restated the year ended 2021-12-31 (for example after a spin-off or a discontinued operation), while the year before it was last reported on the old basis. Changes across those points are marked n/c (not comparable), and growth rates are not computed across them.

$18.36M

Year ended 2026-03-31

$17.86M

Trailing 12 months to 2026-06-30

2017-12-31 R&D Expense (USD) 2026-03-31

Period ended	R&D Expense	Change YoY	Source filing
2026-03-31	$18.36M	+14.3%	2026-06-15, From 2025-04-01
2025-03-31	$16.06M	n/a	2026-06-15, From 2024-04-01
No annual figure between 2023-12-31 and 2025-03-31.
2023-12-31	$8.38M	-1.1%	2026-06-15, From 2023-01-01
2022-12-31	$8.47M	-25.9%	2025-06-26, From 2022-01-01
2021-12-31	$11.43M	n/c	2024-05-09, From 2021-01-01
2020-12-31	$10.60M	+24.1%	2023-03-31, From 2020-01-01
2019-12-31	$8.54M	+24.4%	2022-08-26, From 2019-01-01
2018-12-31	$6.86M	+51.2%	2021-03-22, From 2018-01-01
2017-12-31	$4.54M	n/a	2020-04-08, From 2017-01-01

R&D Expense at similar companies

Companies with the same SEC industry code (Communications Equipment, NEC), reporting in the same currency, closest in revenue. Each shows its own latest fiscal year, so period ends differ.

Company	Year ended	R&D Expense	Change YoY
Powerfleet, Inc. (AIOT)	2026-03-31	$18.36M	+14.3%
Turtle Beach Corp (TBCH)	2025-12-31	$16.89M	-2.4%
Napco Security Technologies, Inc (NSSC)	2026-06-30	$13.79M	+9.6%
Esco Technologies Inc (ESE)	2025-09-30	$23.00M	+91.7%
Inseego Corp. (INSG)	2025-12-31	$19.80M	-3.9%
Lumentum Holdings Inc. (LITE)	2026-06-27	$356.50M	+17.3%
Rekor Systems, Inc. (REKR)	2025-12-31	$14.60M	-22.2%
Senstar Technologies Corp (SNT)	2025-12-31	$3.35M	-19.3%
Track Group, Inc. (TRCK)	2025-09-30	$2.80M	+1.8%

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