PITNEY BOWES INCPBIEarnings & Financial Report
Pitney Bowes is a global technology and logistics company that provides e-commerce shipping, mailing processing, order fulfillment, and customer information management solutions. It serves small, medium, and large enterprise clients across retail, financial services, healthcare, and government sectors worldwide, helping businesses optimize logistics and customer engagement workflows.
Revenue
$489.7M
Gross Profit
$250.5M
Operating Profit
$-7.9M
Net Profit
$-24.9M
Gross Margin
51.1%
Operating Margin
-1.6%
Net Margin
-5.1%
YoY Growth
-2.2%
EPS
$-0.14
PITNEY BOWES INC Q2 FY2024 Financial Summary
PITNEY BOWES INC reported revenue of $489.7M (down 2.2% YoY) for Q2 FY2024, with a net profit of $-24.9M (up 82.4% YoY) (-5.1% margin). Cost of goods sold was $239.3M, operating expenses totaled $258.3M.
Key Financial Metrics
| Total Revenue | $489.7M |
|---|---|
| Net Profit | $-24.9M |
| Gross Margin | 51.1% |
| Operating Margin | -1.6% |
| Report Period | Q2 FY2024 |
Revenue Breakdown
PITNEY BOWES INC Q2 FY2024 revenue of $489.7M breaks down across 7 segments, led by Sales And Services at $184.1M (37.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Sales And Services | $184.1M | 37.6% |
| Support Services | $94.0M | 19.2% |
| Equipment Sales | $72.8M | 14.9% |
| Financing | $67.5M | 13.8% |
| Supplies Product | $35.5M | 7.3% |
| Other | $19.1M | 3.9% |
| Rentals | $16.7M | 3.4% |
PITNEY BOWES INC Annual Revenue by Year
PITNEY BOWES INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.9B).
| Year | Annual Revenue |
|---|---|
| 2025 | $1.9B |
| 2024 | $2.0B |
| 2023 | $2.1B |
| 2022 | $2.5B |
PITNEY BOWES INC Quarterly Revenue & Net Profit History
PITNEY BOWES INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $477.6M | -7.5% | $27.3M | 5.7% |
| Q3 FY2025 | $459.7M | -8.0% | $52.0M | 11.3% |
| Q2 FY2025 | $461.9M | -5.7% | $30.0M | 6.5% |
| Q1 FY2025 | $493.4M | -5.3% | $35.4M | 7.2% |
| Q4 FY2024 | $516.1M | -2.0% | $-37.4M | -7.2% |
| Q3 FY2024 | $499.5M | -0.7% | $-138.5M | -27.7% |
| Q2 FY2024 | $489.7M | -2.2% | $-24.9M | -5.1% |
| Q1 FY2024 | $521.3M | -5.0% | $-2.9M | -0.6% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $521.3M | $489.7M | $499.5M | $516.1M | $493.4M | $461.9M | $459.7M | $477.6M |
| YoY Growth | -5.0% | -2.2% | -0.7% | -2.0% | -5.3% | -5.7% | -8.0% | -7.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $4.10B | $4.08B | $3.65B | $3.40B | $3.27B | $3.24B | $3.26B | $3.17B |
| Liabilities | $4.50B | $4.51B | $4.17B | $3.98B | $3.81B | $3.78B | $3.92B | $3.97B |
| Equity | $-392.4M | $-427.9M | $-518.9M | $-578.4M | $-535.9M | $-536.8M | $-661.5M | $-802.4M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-12.6M | $92.6M | $14.7M | $134.5M | $-16.7M | $111.4M | $66.8M | $221.7M |