Quick Answer
Powerfleet, Inc. reported R&D Expense of $16.06 million for fiscal year 2025.
Powerfleet, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $16.06M | +91.7% |
| 2023 | $8.38M | -1.1% |
| 2022 | $8.47M | -25.9% |
| 2021 | $11.43M | +7.9% |
| 2020 | $10.60M | +24.1% |
| 2019 | $8.54M | +24.4% |
| 2018 | $6.86M | +51.2% |
| 2017 | $4.54M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| December 31, 2025 | $4.57M | -1.1% | +9.0% |
| September 30, 2025 | $4.19M | +22.1% | -13.7% |
| June 30, 2025 | $4.86M | +56.6% | +5.1% |
| December 31, 2024 | $4.62M | +129.9% | +34.5% |
| September 30, 2024 | $3.44M | +41.6% | +10.8% |
| June 30, 2024 | $3.10M | +39.6% | +54.3% |
| December 31, 2023 | $2.01M | — | -17.1% |
| September 30, 2023 | $2.43M | +39.8% | +9.2% |
- Powerfleet, Inc. showed an increase of +91.7% in R&D Expense compared to the prior fiscal year.
- Over the 2017–2025 period, Powerfleet, Inc.’s r&d expense has grown by 253.9% (from $4.54 million to $16.06 million).
- The most recent figure is from Powerfleet, Inc.’s fiscal year 2024 report (Form 10-K), filed with the SEC on June 26, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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