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Pitney Bowes PBI SendTech Solutions — Operating Expenses

Other segment segments

Presort Services
$17.46M-3.5%

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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:OperatingExpenses.

The source filing: Pitney Bowes’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 11:30 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001628280-26-050908
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Revenue$308,930$311,716$622,877$627,322
Less:
Cost of revenue95,098105,653197,122211,683
Operating expenses91,154104,808189,547217,357
Adjusted segment EBIT$122,678$101,255$236,208$198,282
Presort Services
Revenue$142,568$150,193$306,034$328,007
Less:

Item 1: Financial Statements

FAQ

What is Pitney Bowes's sendtech solutions — operating expenses?
Pitney Bowes (PBI) reported sendtech solutions — operating expenses of $91.15M in Q2 2026.
How has Pitney Bowes's sendtech solutions — operating expenses changed year-over-year?
Pitney Bowes's sendtech solutions — operating expenses decreased by 13.0% year-over-year, from $104.81M to $91.15M.
What is the long-term trend for Pitney Bowes's sendtech solutions — operating expenses?
Over 3 years (2022 to 2025), Pitney Bowes's sendtech solutions — operating expenses has grown at a -5.1% compound annual growth rate (CAGR), from $491.28M to $419.38M.
What does sendtech solutions — operating expenses mean?
Encompasses the indirect costs required to run the SendTech Solutions segment, including selling, general, and administrative expenses, as well as research and development. It measures the operational overhead required to support the segment's business activities.

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