Quarterly ResultOct 29, 2026, 11:21 AM
Pitney Bowes Q3 Net Income Rises to $52.67M; Revenue Dips Slightly
AI Summary
Pitney Bowes Inc. reported its third-quarter financial results for 2026. Total revenue saw a slight decrease to $456.18 million compared to $459.67 million in the same period last year. However, net income increased to $52.67 million, resulting in diluted earnings per share of $0.37, up from $0.30 in the prior year. For the nine-month period, revenue was $1.385 billion, down from $1.415 billion, while net income rose significantly to $160.71 million from $117.36 million. The SendTech Solutions segment showed improved profitability, while Presort Services experienced a slight decline. The company's total assets also decreased.
Key Highlights
- Pitney Bowes reported Q3 2026 revenue of $456.18M, a slight decrease from $459.67M in Q3 2025.
- Net income for Q3 2026 was $52.67M, up from $51.96M in Q3 2025.
- Diluted EPS for Q3 2026 was $0.37, compared to $0.30 in Q3 2025.
- Nine-month revenue for 2026 was $1.385B, down from $1.415B in the prior year.
- Nine-month net income for 2026 increased to $160.71M from $117.36M in 2025.
- SendTech Solutions Adjusted Segment EBIT increased to $115.04M in Q3 2026 from $101.06M in Q3 2025.
- Presort Services Adjusted Segment EBIT decreased to $31.86M in Q3 2026 from $32.63M in Q3 2025.
- Total assets decreased to $2.99B as of September 30, 2026, from $3.17B as of December 31, 2025.
Price Impact
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