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Powerfleet vs Napco Security Technologies: AIOT and NSSC compared
Powerfleet is the larger company: $111M of revenue in its latest quarter (Q1 FY27) against $50.0M for Napco Security Technologies (Q1 FY27). Powerfleet is growing faster (+6% against +2% a year earlier). Napco Security Technologies is more profitable, with an operating margin of 28.2% against 0.2%.
Where the money goes: AIOT and NSSC
Powerfleet (AIOT) · Q1 FY27
Powerfleet, Q1 FY27: revenue $111M (+6% year over year), operating margin 0.2%, net loss $8.3M, operating cash flow $8.4M. The chart follows the revenue to costs, profit and cash.
Napco Security Technologies (NSSC) · Q1 FY27
Napco Security Technologies, Q1 FY27: revenue $50.0M (+2% year over year), operating margin 28.2%, net earnings $13.0M, operating cash flow $2.8M. The chart follows the revenue to costs, profit and cash.
| Powerfleet (AIOT) | Napco Security Technologies (NSSC) | |
|---|---|---|
| Latest quarter | Q1 FY27 | Q1 FY27 |
| Revenue | $111M | $50.0M |
| Revenue growth, Y/Y | +6% | +2% |
| Gross margin | — | 58.7% |
| Operating margin | 0.2% | 28.2% |
| Net earnings | −$8.3M | $13.0M |
| Net margin | -7.5% | 26.0% |
| Operating cash flow | $8.4M | $2.8M |
| Free cash flow | $3.6M | $2.3M |
| Market value | — | $1.3B |
| P/E | — | 29.2× |
| Analysts’ mean target | — | $44.33 |
Where the revenue comes from
Powerfleet
- Services: $94.3M (85%)
- Products: $16.5M (15%)
Napco Security Technologies
- Service revenue: $26.1M (52%)
- Equipment revenue: $23.9M (48%)
Questions
Which is bigger, Powerfleet or Napco Security Technologies?
Powerfleet is the larger company: $111M of revenue in its latest quarter (Q1 FY27) against $50.0M for Napco Security Technologies (Q1 FY27).
Is Powerfleet or Napco Security Technologies growing faster?
Powerfleet is growing faster (+6% against +2% a year earlier).
Which is more profitable, Powerfleet or Napco Security Technologies?
Napco Security Technologies is more profitable, with an operating margin of 28.2% against 0.2%.
More: Powerfleet earnings · how Powerfleet makes money · Napco Security Technologies earnings · how Napco Security Technologies makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 10, 2026; 10-Q filed Nov 2, 2026). Fiscal quarters can end on different dates. Not investment advice.