Pitney Bowes Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	1,571	1,691	1,740	2,208	3,379
Other Revenue	321.89	335.14	339.1	274.51	294.42
Revenue	1,893	2,027	2,079	2,483	3,674
Revenue Growth (YoY)	-6.61%	-2.52%	-16.27%	-32.41%	3.36%
Cost of Revenue	807.26	883.24	965.42	1,330	2,505
Gross Profit	1,024	1,062	1,031	1,101	1,122
Selling, General & Admin	629.11	806.94	773.35	789.85	925.17
Research & Development	15.28	31.96	29.49	35.46	46.78
Operating Expenses	644.39	838.9	802.84	825.32	971.95
Operating Income	379.47	223.41	227.77	276.1	150.05
Interest Expense	-101.46	-110.09	-98.77	-87.31	-96.89
EBT Excluding Unusual Items	278.01	113.31	129	188.79	53.16
Merger & Restructuring Charges	-71.42	-144.75	-52.41	-17.21	-19
Impairment of Goodwill	-	-	-123.57	-	-
Gain (Loss) on Sale of Investments	-	-10	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	22.06	11.64
Other Unusual Items	-14.07	-10.89	3.06	-4.99	-56.21
Pretax Income	192.52	-52.33	-43.92	188.65	-7.42
Income Tax Expense	47.83	-154.83	17.35	42.96	-10.92
Earnings From Continuing Operations	144.7	102.5	-61.27	145.7	3.51
Earnings From Discontinued Operations	-	-306.1	-324.36	-108.76	-4.86
Net Income to Company	144.7	-203.6	-385.63	36.94	-1.35
Net Income	144.7	-203.6	-385.63	36.94	-1.35
Net Income to Common	144.7	-203.6	-385.63	36.94	-1.35
Shares Outstanding (Basic)	172	180	176	174	174
Shares Outstanding (Diluted)	173	183	176	177	179
Shares Change (YoY)	-5.20%	3.92%	-0.91%	-1.03%	4.42%
EPS (Basic)	0.84	-1.13	-2.20	0.21	-0.01
EPS (Diluted)	0.84	-1.12	-2.20	0.21	-0.01
Free Cash Flow	316.98	156.77	1.98	92.41	117.47
Free Cash Flow Per Share	1.83	0.86	0.01	0.52	0.66
Dividend Per Share	0.300	0.200	0.200	0.200	0.200
Dividend Growth	50.00%	-	-	-	-
Gross Margin	54.10%	52.42%	49.57%	44.36%	30.54%
Operating Margin	20.05%	11.02%	10.96%	11.12%	4.08%
Profit Margin	7.65%	-10.05%	-18.55%	1.49%	-0.04%
Free Cash Flow Margin	16.75%	7.74%	0.10%	3.72%	3.20%
EBITDA	491.05	337.89	340.5	387.26	312.91
EBITDA Margin	25.95%	16.67%	16.38%	15.60%	8.52%
D&A For EBITDA	111.58	114.49	112.72	111.17	162.86
EBIT	379.47	223.41	227.77	276.1	150.05
EBIT Margin	20.05%	11.02%	10.96%	11.12%	4.08%
Effective Tax Rate	24.84%	-	-	22.77%	-
Revenue as Reported	1,893	2,027	2,079	2,483	3,674

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q