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NYSE · Technology

PITNEY BOWES INC /DE/ (PBI)

As-reported financials and SEC filings for PITNEY BOWES INC /DE/. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About PITNEY BOWES INC /DE/

Pitney Bowes Inc provides digital shipping solutions, mailing technology, and financial services to businesses and government entities worldwide. Its main offerings include physical and digital shipping and mailing technology, financing options for equipment and postage, and mail sortation services that help clients qualify for postal discounts. The company serves a broad range of clients from small businesses to large enterprises, including more than 90 percent of the Fortune 500.

Snapshot

Revenue
$1.89B
Revenue growth (YoY)
-6.6%
Net income
$144.7M
Diluted EPS
$0.84
Gross margin
Operating margin
Net margin
7.6%
FCF margin
16.7%
ROE
net income / fiscal-year-end equity
P/E
14.0×
trailing when available, otherwise FY EPS
Market cap
$2.36B
Long-term debt / equity
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Pitney Bowes Inc /de/

  • Revenue fell 6.6% to $1.9B in FY2025, after a 2.5% decline the year before.
  • Most recent quarter Q2 FY2026: revenue $451M, down 2.3% from Q2 FY2025.
  • Free cash flow was $317M in FY2025, 16.7% of revenue.
  • Net income turned positive at $145M in FY2025, from a $204M loss in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Pitney Bowes Inc /de/’s fundamentals sit among the 625 Technology companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Net margin7.6%
64th percentile of 577
FCF margin16.7%
65th percentile of 544
Revenue growth (YoY)-6.6%
14th percentile of 616
P/E14.0×
19th percentile of 330
Short interest9.58d
94th percentile of 622

Pitney Bowes Inc /de/’s revenue growth of -6.6% ranks in the 14th percentile of the 616 Technology companies reporting it.

No reported insider purchases (code P) in the last 90 days; 25 insider sales totaling $42.4M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 5 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+5 quant / multi-strat
Initiated / added
4
0 new, 4 added
Reduced / exited
2
1 trimmed, 1 exited
Combined position
$179.5M
reported long value
InvestorAs ofPosition valueSharesChange
D. E. ShawquantQ2 2026$66.8M3.8MAdded
Two Sigma InvestmentsquantQ2 2026$50.4M2.9MAdded
Citadel AdvisorsquantQ2 2026$34.7M2.0MAdded
Millennium ManagementquantQ2 2026$23.1M1.3MReduced
AQR Capital ManagementquantQ2 2026$4.6M260.2KAdded

No longer held by: Gotham Asset Management (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
code P value
Sells (90d)
25
$42.4M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-08-28
filed 2026-08-31
Wolf Kurt JamesPresident & CEOSell361$17.42$6K
2026-08-28
filed 2026-08-31
Wolf Kurt JamesPresident & CEOSell36$17.42$627
2026-08-27
filed 2026-08-31
Wolf Kurt JamesPresident & CEOSell1.7K$17.42$30K
2026-08-27
filed 2026-08-31
Wolf Kurt JamesPresident & CEOSell173$17.42$3K
2026-08-05
filed 2026-08-06
Everett Todd A.EVP and President of SendTechSell25.0K$18.07$452K
2026-08-03
Wolf Kurt JamesPresident & CEOSell376.1K$18.11$6.8M
2026-08-03
Wolf Kurt JamesPresident & CEOSell37.2K$18.11$673K
2026-07-31
filed 2026-08-03
Wolf Kurt JamesPresident & CEOSell192.4K$17.53$3.4M
2026-07-31
filed 2026-08-03
Wolf Kurt JamesPresident & CEOSell19.0K$17.53$334K
2026-07-30
filed 2026-08-03
Wolf Kurt JamesPresident & CEOSell386.5K$18.22$7.0M
2026-07-30
filed 2026-08-03
Wolf Kurt JamesPresident & CEOSell38.2K$18.22$696K
2026-07-30
filed 2026-08-03
Wolf Kurt JamesPresident & CEOSell5.2K$18.96$99K

Reported non-derivative purchases and sales (codes P/S) — which may be open-market or private; excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
17.5M
settled 2026-08-14
Change vs prior
-2.3%
vs previous settlement
Days to cover
9.58
at avg daily volume
Avg daily volume
1.8M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-1417.5M-2.3%9.58
2026-07-3117.9M+2.1%11.05
2026-07-1517.5M-3.4%8.08
2026-06-3018.1M-12.3%4.79
2026-06-1520.7M+10.4%7.38
2026-05-2918.7M-7.0%7.34
2026-05-1520.1M+1.9%5.00
2026-04-3019.8M-11.1%4.32

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$1.89B$2.03B$2.08B$2.48B$3.67B
Gross profit$1.06B$1.03B$1.12B
Operating income
Net income$144.7M$-203.6M$-385.6M$36.9M$-1.4M
Diluted EPS$0.84$-1.12$-2.20$0.21$-0.01

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$383.3M$229.2M$80.1M$175.0M$301.5M
Capital expenditure$66.3M$72.4M$78.1M$82.6M$184.0M
Free cash flow$317.0M$156.8M$2.0M$92.4M$117.5M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$451.5M-2.3%$49.9M$0.36
Q1 FY2026$477.4M-3.2%$58.1M$0.39
Q4 FY2025$477.6M-7.5%$27.3M$0.17
Q3 FY2025$459.7M-8.0%$52.0M$0.30
Q2 FY2025$461.9M-5.7%$30.0M$0.17
Q1 FY2025$493.4M-5.3%$35.4M$0.19
Q4 FY2024$516.1M-2.0%$-37.4M$-0.20
Q3 FY2024$499.5M-0.7%$-138.5M$-0.75

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorTechnology
SIC industryOffice Machines, NEC
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2014
SEC CIK78814

Selected SEC filings

10-Q2026-07-30
View on EDGAR →
10-Q2026-05-06
View on EDGAR →
8-K2026-08-20
View on EDGAR →
8-K2026-07-29
View on EDGAR →
8-K2026-07-27
View on EDGAR →
8-K2026-06-25
View on EDGAR →

Largest Technology peers

All Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.