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Side-by-side financial comparison of INTEGRA LIFESCIENCES HOLDINGS CORP (IART) and PITNEY BOWES INC (PBI). Click either name above to swap in a different company.

PITNEY BOWES INC is the larger business by last-quarter revenue ($477.6M vs $434.9M, roughly 1.1× INTEGRA LIFESCIENCES HOLDINGS CORP). On growth, INTEGRA LIFESCIENCES HOLDINGS CORP posted the faster year-over-year revenue change (-1.7% vs -7.5%). PITNEY BOWES INC produced more free cash flow last quarter ($201.4M vs $-5.4M). Over the past eight quarters, INTEGRA LIFESCIENCES HOLDINGS CORP's revenue compounded faster (8.6% CAGR vs -4.3%).

Integra LifeSciences Holdings Corporation is a global medical device manufacturing company headquartered in Princeton, New Jersey. Founded in 1989, the company manufactures products for skin regeneration, neurosurgery, reconstructive and general surgery. Integra artificial skin became the first commercially reproducible skin tissue used to treat severe burns and other skin wounds.

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.

IART vs PBI — Head-to-Head

Bigger by revenue
PBI
PBI
1.1× larger
PBI
$477.6M
$434.9M
IART
Growing faster (revenue YoY)
IART
IART
+5.7% gap
IART
-1.7%
-7.5%
PBI
More free cash flow
PBI
PBI
$206.8M more FCF
PBI
$201.4M
$-5.4M
IART
Faster 2-yr revenue CAGR
IART
IART
Annualised
IART
8.6%
-4.3%
PBI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
IART
IART
PBI
PBI
Revenue
$434.9M
$477.6M
Net Profit
$27.3M
Gross Margin
50.8%
Operating Margin
5.3%
8.0%
Net Margin
5.7%
Revenue YoY
-1.7%
-7.5%
Net Profit YoY
173.1%
EPS (diluted)
$-0.03
$0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
IART
IART
PBI
PBI
Q4 25
$434.9M
$477.6M
Q3 25
$402.1M
$459.7M
Q2 25
$415.6M
$461.9M
Q1 25
$382.7M
$493.4M
Q4 24
$442.6M
$516.1M
Q3 24
$380.8M
$499.5M
Q2 24
$418.2M
$489.7M
Q1 24
$368.9M
$521.3M
Net Profit
IART
IART
PBI
PBI
Q4 25
$27.3M
Q3 25
$-5.4M
$52.0M
Q2 25
$-484.1M
$30.0M
Q1 25
$-25.3M
$35.4M
Q4 24
$-37.4M
Q3 24
$-10.7M
$-138.5M
Q2 24
$-12.4M
$-24.9M
Q1 24
$-3.3M
$-2.9M
Gross Margin
IART
IART
PBI
PBI
Q4 25
50.8%
Q3 25
51.5%
Q2 25
50.4%
Q1 25
50.8%
Q4 24
56.3%
53.8%
Q3 24
52.6%
52.4%
Q2 24
54.0%
51.1%
Q1 24
56.1%
52.3%
Operating Margin
IART
IART
PBI
PBI
Q4 25
5.3%
8.0%
Q3 25
2.9%
14.8%
Q2 25
-123.4%
8.5%
Q1 25
-4.0%
9.5%
Q4 24
8.0%
-9.3%
Q3 24
-2.1%
-8.8%
Q2 24
-0.7%
-1.6%
Q1 24
1.1%
9.1%
Net Margin
IART
IART
PBI
PBI
Q4 25
5.7%
Q3 25
-1.3%
11.3%
Q2 25
-116.5%
6.5%
Q1 25
-6.6%
7.2%
Q4 24
-7.2%
Q3 24
-2.8%
-27.7%
Q2 24
-3.0%
-5.1%
Q1 24
-0.9%
-0.6%
EPS (diluted)
IART
IART
PBI
PBI
Q4 25
$-0.03
$0.18
Q3 25
$-0.07
$0.30
Q2 25
$-6.31
$0.17
Q1 25
$-0.33
$0.19
Q4 24
$0.25
$-0.21
Q3 24
$-0.14
$-0.75
Q2 24
$-0.16
$-0.14
Q1 24
$-0.04
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
IART
IART
PBI
PBI
Cash + ST InvestmentsLiquidity on hand
$263.7M
$297.1M
Total DebtLower is stronger
$726.6M
$2.0B
Stockholders' EquityBook value
$1.0B
$-802.4M
Total Assets
$3.6B
$3.2B
Debt / EquityLower = less leverage
0.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IART
IART
PBI
PBI
Q4 25
$263.7M
$297.1M
Q3 25
$267.9M
$336.0M
Q2 25
$253.6M
$300.8M
Q1 25
$273.3M
$340.0M
Q4 24
$273.6M
$486.1M
Q3 24
$277.6M
$575.5M
Q2 24
$296.9M
$612.0M
Q1 24
$663.1M
$538.0M
Total Debt
IART
IART
PBI
PBI
Q4 25
$726.6M
$2.0B
Q3 25
$736.3M
$2.1B
Q2 25
$745.9M
$1.9B
Q1 25
$755.6M
$1.9B
Q4 24
$760.5M
$1.9B
Q3 24
$765.3M
$2.1B
Q2 24
$770.2M
$2.1B
Q1 24
$775.0M
$2.1B
Stockholders' Equity
IART
IART
PBI
PBI
Q4 25
$1.0B
$-802.4M
Q3 25
$1.0B
$-661.5M
Q2 25
$1.0B
$-536.8M
Q1 25
$1.5B
$-535.9M
Q4 24
$1.5B
$-578.4M
Q3 24
$1.5B
$-518.9M
Q2 24
$1.5B
$-427.9M
Q1 24
$1.6B
$-392.4M
Total Assets
IART
IART
PBI
PBI
Q4 25
$3.6B
$3.2B
Q3 25
$3.6B
$3.3B
Q2 25
$3.7B
$3.2B
Q1 25
$4.1B
$3.3B
Q4 24
$4.0B
$3.4B
Q3 24
$4.1B
$3.6B
Q2 24
$4.1B
$4.1B
Q1 24
$4.1B
$4.1B
Debt / Equity
IART
IART
PBI
PBI
Q4 25
0.70×
Q3 25
0.71×
Q2 25
0.72×
Q1 25
0.50×
Q4 24
0.49×
Q3 24
0.50×
Q2 24
0.50×
Q1 24
0.48×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
IART
IART
PBI
PBI
Operating Cash FlowLast quarter
$11.8M
$221.7M
Free Cash FlowOCF − Capex
$-5.4M
$201.4M
FCF MarginFCF / Revenue
-1.2%
42.2%
Capex IntensityCapex / Revenue
4.0%
4.2%
Cash ConversionOCF / Net Profit
8.11×
TTM Free Cash FlowTrailing 4 quarters
$-31.1M
$317.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IART
IART
PBI
PBI
Q4 25
$11.8M
$221.7M
Q3 25
$40.9M
$66.8M
Q2 25
$8.9M
$111.4M
Q1 25
$-11.3M
$-16.7M
Q4 24
$50.7M
$134.5M
Q3 24
$22.5M
$14.7M
Q2 24
$40.4M
$92.6M
Q1 24
$15.8M
$-12.6M
Free Cash Flow
IART
IART
PBI
PBI
Q4 25
$-5.4M
$201.4M
Q3 25
$25.8M
$51.1M
Q2 25
$-11.2M
$98.0M
Q1 25
$-40.2M
$-33.6M
Q4 24
$21.1M
$112.3M
Q3 24
$-7.2M
$-4.7M
Q2 24
$10.7M
$76.1M
Q1 24
$291.0K
$-26.9M
FCF Margin
IART
IART
PBI
PBI
Q4 25
-1.2%
42.2%
Q3 25
6.4%
11.1%
Q2 25
-2.7%
21.2%
Q1 25
-10.5%
-6.8%
Q4 24
4.8%
21.8%
Q3 24
-1.9%
-0.9%
Q2 24
2.6%
15.5%
Q1 24
0.1%
-5.2%
Capex Intensity
IART
IART
PBI
PBI
Q4 25
4.0%
4.2%
Q3 25
3.8%
3.4%
Q2 25
4.8%
2.9%
Q1 25
7.6%
3.4%
Q4 24
6.7%
4.3%
Q3 24
7.8%
3.9%
Q2 24
7.1%
3.4%
Q1 24
4.2%
2.7%
Cash Conversion
IART
IART
PBI
PBI
Q4 25
8.11×
Q3 25
1.29×
Q2 25
3.72×
Q1 25
-0.47×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

IART
IART

Neurosurgery$226.2M52%
Asia Pacific$53.7M12%
Instruments$52.3M12%
ENT$44.8M10%
Other$38.9M9%
Rest Of The World$19.0M4%

PBI
PBI

Sales And Services$218.4M46%
Presort Services$159.7M33%
Financing And Other$79.0M17%
Other$20.5M4%

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