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Pitney Bowes PBI SendTech Solutions — CapEx

Other segment segments

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$14.03M+27.4%

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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 sendtech solutions — capex?
Pitney Bowes (PBI) reported sendtech solutions — capex of $10.64M in Q4 2025.
How has Pitney Bowes's sendtech solutions — capex changed year-over-year?
Pitney Bowes's sendtech solutions — capex decreased by 4.0% year-over-year, from $11.09M to $10.64M.
What is the long-term trend for Pitney Bowes's sendtech solutions — capex?
Over 4 years (2021 to 2025), Pitney Bowes's sendtech solutions — capex has grown at a 13.1% compound annual growth rate (CAGR), from $26.03M to $42.57M.
What does sendtech solutions — capex mean?
Measures the funds used by the segment to acquire, upgrade, and maintain physical assets such as technology infrastructure, equipment, and facilities. This metric indicates the level of investment in long-term growth and operational capacity.

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