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Pitney Bowes PBI Presort Services — CapEx

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Other financials

Income statement

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Revenue$451.5M-2.3%
Gross profit$271.7M
Net income$49.9M+66.5%
EPS (diluted)$0.36+112%

Balance sheet

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Cash & equivalents$15.0M-80.5%
Total debt$2.2B+6.6%
Total equity-$863.3M-60.8%
Total assets$3.0B-6.8%

Cash flow

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Operating cash flow$152.9M+37.3%
CapEx$18.5M+38.5%
Free cash flow$134.4M+37.1%

Valuation

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Market cap$2.46B+25.4%
Enterprise value$4.6B+17.8%
P/E13.1×
P/S1.3×+0.3×

Profitability

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Gross margin30.5%
Net margin10%+7.4pp
FCF margin22.3%+13.0pp

Returns & leverage

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Return on equity11%-80.1pp
Debt / equity41.4×+14.6×
Current ratio0.7×0.0×

Where this comes from

Reported directly by Pitney Bowes in its filing.

Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.

The source filing: Pitney Bowes’s 10-K/A, filed February 20, 2026.

Filed
Feb 19, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0001628280-26-009921
Line itemCapital expenditures / Years Ended December 31, 2025Capital expenditures / Years Ended December 31, 2024Capital expenditures / Years Ended December 31, 2023
SendTech Solutions$42,573$44,351$44,975
Presort Services14,02611,01111,182
Total reportable segments56,59955,36256,157
Corporate9,67913,82918,099
Other operations3,2123,853
Total capital expenditures$66,278$72,403$78,109

ITEM 16. FORM 10-K SUMMARY

FAQ

What is Pitney Bowes's presort services — capex?
Pitney Bowes (PBI) reported presort services — capex of $3.51M in Q4 2025.
How has Pitney Bowes's presort services — capex changed year-over-year?
Pitney Bowes's presort services — capex increased by 27.4% year-over-year, from $2.75M to $3.51M.
What is the long-term trend for Pitney Bowes's presort services — capex?
Over 4 years (2021 to 2025), Pitney Bowes's presort services — capex has grown at a -21.3% compound annual growth rate (CAGR), from $36.63M to $14.03M.
What does presort services — capex mean?
Represents the cash outflows used by the presort services segment to acquire, upgrade, or maintain physical assets such as sorting machinery and facility equipment. This metric indicates the level of investment in long-term operational capacity and technological infrastructure. High levels of expenditure suggest a focus on modernization or expansion.

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