PBI · Pitney Bowes Inc /De/ - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $477.41M | - | $459.68M | $461.91M | $493.42M | - | $499.46M | $793.17M | $830.51M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | $3.79M | - | $3.41M | $3.60M | $4.76M | - | $7.58M | $9.11M | $9.48M | - |
| SG&A | $133.38M | - | $144.15M | $170.54M | $165.91M | - | $189.99M | $220.01M | $216.20M | - |
| Total Operating Expenses | $396.94M | - | $391.53M | $422.64M | $446.69M | - | $543.34M | $831.83M | $820.84M | - |
| D&A | $25.64M | - | - | - | $28.32M | - | - | - | $40.88M | - |
| Operating Income | $80.47M | - | $68.14M | $39.27M | $46.73M | - | ($43.88M) | ($38.66M) | $9.67M | - |
| Interest Expense | - | - | - | - | - | - | - | - | $27.77M | - |
| Income Tax | $22.34M | - | $16.18M | $9.30M | $11.31M | - | ($166.47M) | ($13.80M) | $12.56M | - |
| Net Income | $58.14M | - | $51.96M | $29.98M | $35.42M | - | ($138.47M) | ($24.87M) | ($2.88M) | - |
| EPS - Basic | $0.40 | - | $0.31 | $0.17 | $0.19 | - | ($0.77) | ($0.14) | ($0.02) | - |
| EPS - Diluted | $0.39 | - | $0.30 | $0.17 | $0.19 | - | ($0.75) | ($0.14) | ($0.02) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $302.88M | $284.89M | $320.99M | $285.18M | $323.79M | $469.73M | $561.54M | $590.15M | $516.09M | $601.05M |
| Accounts Receivable | $158.59M | $168.10M | $161.70M | $155.32M | $160.28M | $159.95M | $188.79M | $266.17M | $307.20M | $342.24M |
| Inventory | $62.61M | $66.24M | $75.70M | $79.00M | $65.10M | $59.84M | $71.64M | $76.50M | $78.68M | $70.05M |
| Accounts Payable | - | $230.04M | - | - | - | $239.74M | - | - | - | $282.43M |
| Current Assets | $1.13B | $1.10B | $1.15B | $1.13B | $1.18B | $1.32B | $1.49B | $1.61B | $1.58B | $1.69B |
| Total Assets | $3.15B | $3.17B | $3.26B | $3.24B | $3.27B | $3.40B | $3.65B | $4.08B | $4.10B | $4.27B |
| Current Liabilities | $1.82B | $1.55B | $1.42B | $1.49B | $1.49B | $1.67B | $1.68B | $1.68B | $1.63B | $1.73B |
| Long-term Debt | $1.77B | $1.98B | $2.09B | $1.88B | $1.90B | $1.87B | $2.05B | $2.07B | $2.08B | $2.09B |
| Total Liabilities | $4.04B | $3.97B | $3.92B | $3.78B | $3.81B | $3.98B | $4.17B | $4.51B | $4.50B | $4.64B |
| Stockholders' Equity | ($893.57M) | ($802.36M) | ($661.54M) | ($536.81M) | ($535.88M) | ($578.43M) | ($518.88M) | ($427.89M) | ($392.36M) | ($368.58M) |
| Retained Earnings | $2.69B | $2.66B | $2.66B | $2.67B | $2.65B | $2.67B | $2.75B | $2.95B | $3.03B | $3.08B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $44.16M | - | - | - | ($16.68M) | - | - | - | ($12.53M) | - |
| Investing Cash Flow | ($9.29M) | - | - | - | ($45.54M) | - | - | - | ($11.84M) | - |
| Financing Cash Flow | ($16.42M) | - | - | - | ($85.07M) | - | - | - | ($58.43M) | - |
| CapEx | $15.85M | - | - | - | $16.89M | - | - | - | $19.96M | - |
| Free Cash Flow | $28.31M | - | - | - | ($33.57M) | - | - | - | ($32.48M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 16.9% | - | 14.8% | 8.5% | 9.5% | - | -8.8% | -4.9% | 1.2% | - |
| EBITDA margin | 22.2% | - | - | - | 15.2% | - | - | - | 6.1% | - |
| Net margin | 12.2% | - | 11.3% | 6.5% | 7.2% | - | -27.7% | -3.1% | -0.3% | - |
| Free cash flow margin | 5.9% | - | - | - | -6.8% | - | - | - | -3.9% | - |
| FCF / Net income | 0.49 | - | - | - | -0.95 | - | - | - | 11.26 | - |
| R&D / Revenue | 0.8% | - | 0.7% | 0.8% | 1.0% | - | 1.5% | 1.1% | 1.1% | - |
| SG&A / Revenue | 27.9% | - | 31.4% | 36.9% | 33.6% | - | 38.0% | 27.7% | 26.0% | - |
| Effective tax rate | 27.8% | - | 23.7% | 23.7% | 24.2% | - | - | - | 129.8% | - |
| Return on assets | 1.8% | - | 1.6% | 0.9% | 1.1% | - | -3.8% | -0.6% | -0.1% | - |
| Return on equity | -6.5% | - | -7.9% | -5.6% | -6.6% | - | 26.7% | 5.8% | 0.7% | - |
| Return on invested capital | 6.6% | - | 3.6% | 2.2% | 2.6% | - | -2.3% | -1.9% | 0.3% | - |
| Liquidity | ||||||||||
| Current ratio | 0.62 | 0.71 | 0.81 | 0.76 | 0.80 | 0.79 | 0.88 | 0.96 | 0.97 | 0.98 |
| Quick ratio | 0.59 | 0.67 | 0.76 | 0.70 | 0.75 | 0.75 | 0.84 | 0.91 | 0.92 | 0.94 |
| Cash ratio | 0.17 | 0.18 | 0.23 | 0.19 | 0.22 | 0.28 | 0.33 | 0.35 | 0.32 | 0.35 |
| Leverage | ||||||||||
| Debt / Equity | -1.99 | -2.46 | -3.16 | -3.51 | -3.54 | -3.23 | -3.96 | -4.83 | -5.29 | -5.66 |
| Debt / Assets | 0.56 | 0.62 | 0.64 | 0.58 | 0.58 | 0.55 | 0.56 | 0.51 | 0.51 | 0.49 |
| Debt / EBITDA | 16.72 | - | - | - | 25.30 | - | - | - | 41.07 | - |
| Interest coverage | - | - | - | - | - | - | - | - | 0.3x | - |
| Equity multiplier | -3.52 | -3.95 | -4.92 | -6.03 | -6.10 | -5.87 | -7.03 | -9.53 | -10.46 | -11.59 |
| Liabilities / Assets | 1.28 | 1.25 | 1.20 | 1.17 | 1.16 | 1.17 | 1.14 | 1.10 | 1.10 | 1.09 |
| Efficiency | ||||||||||
| Asset turnover | 0.15 | - | 0.14 | 0.14 | 0.15 | - | 0.14 | 0.19 | 0.20 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 121d | - | 128d | 123d | 119d | - | 138d | 122d | 135d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 28.3x | - | 38.0x | 64.2x | 47.6x | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | 3.4x | - | 4.2x | 4.3x | 3.4x | - | 2.6x | - | 0.9x | - |
| EV / EBITDA | 29.3x | - | - | - | 43.3x | - | - | - | 46.0x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -3.2% | - | -8.0% | -41.8% | -40.6% | - | -36.3% | 2.1% | -0.5% | - |
| Revenue CAGR (3y) | -17.0% | - | -17.9% | -19.1% | -19.0% | - | -17.1% | -4.1% | -3.2% | - |
| Revenue CAGR (5y) | -12.2% | - | -12.4% | -11.2% | -9.1% | - | -8.8% | -1.6% | -0.9% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 72.2% | - | - | - | 383.1% | - | -162.7% | 74.4% | - | - |
| Net income growth (YoY) | 64.1% | - | - | - | - | - | -1006.1% | 82.4% | 62.7% | - |
| EPS growth (YoY) | 105.3% | - | - | - | - | - | -971.4% | 82.7% | 50.0% | - |
| EPS CAGR (3y) | - | - | 115.4% | 104.1% | 16.6% | - | - | - | - | - |
| EPS CAGR (5y) | - | - | 33.8% | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | -3.3% | - | - | - | 52.5% | - |
| FCF CAGR (5y) | 4.6% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -66.7% | -38.7% | -27.5% | -25.5% | -36.6% | -56.9% | -314.7% | -466.8% | - | - |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$1.89B totalSend Tech Solutions$1.26B · 66.4%
Presort Services$636.63M · 33.6%
Product / service
$3.79B totalSales And Services$1.89B · 50.0%
Service$1.21B · 31.9%
Product$364.71M · 9.6%
Financing And Other$321.89M · 8.5%
Geographic
$1.89B totalUS$1.59B · 84.3%
Non Us$297.65M · 15.7%
Dividends
$0.36/share trailing 12 months · +56.5% YoY
| Ex-date | Per share |
|---|---|
| May 18, 2026 | $0.1000 |
| Feb 27, 2026 | $0.0900 |
| Nov 10, 2025 | $0.0900 |
| Aug 11, 2025 | $0.0800 |
| May 19, 2025 | $0.0700 |
| Feb 21, 2025 | $0.0600 |
| Nov 18, 2024 | $0.0500 |
| Aug 22, 2024 | $0.0500 |
| May 22, 2024 | $0.0500 |
| Feb 8, 2024 | $0.0500 |
| Nov 14, 2023 | $0.0500 |
| Aug 21, 2023 | $0.0500 |
| May 22, 2023 | $0.0500 |
| Feb 16, 2023 | $0.0500 |
| Nov 14, 2022 | $0.0500 |
| Aug 19, 2022 | $0.0500 |
| May 20, 2022 | $0.0500 |
| Feb 17, 2022 | $0.0500 |
| Nov 15, 2021 | $0.0500 |
| Aug 19, 2021 | $0.0500 |
| May 20, 2021 | $0.0500 |
| Feb 11, 2021 | $0.0500 |
| Nov 16, 2020 | $0.0500 |
| Aug 20, 2020 | $0.0500 |