Pitney Bowes Inc income statement
In fiscal 2025, Pitney Bowes Inc reported revenue of $1.89bn, down 6.6% on the year before and net income of $145m, or $0.84 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,569 | 5,260 | 4,125 | 3,824 | 3,791 | 3,822 | 3,578 | 2,981 | 2,784 | 3,212 | 3,205 | 3,554 | 3,674 | 2,483 | 2,079 | 2,027 | 1,893 | 1,863 |
| Cost of revenue | — | — | — | — | 1,651 | 1,681 | 1,559 | 1,515 | 1,433 | 1,790 | 1,922 | 2,405 | 2,552 | — | 1,048 | 964 | — | — |
| Gross profit | 2,831 | 2,747 | — | — | 2,141 | 2,141 | 2,019 | 1,467 | 1,351 | 1,421 | 1,283 | 1,149 | 1,122 | — | 1,031 | 1,062 | — | — |
| Research and development | 182 | 156 | 129 | 114 | 110 | 110 | 110 | 107 | 61 | 59 | 51 | 38 | 47 | 35 | 29 | 32 | 15 | 14 |
| Selling, general and administrative | 1,801 | 1,724 | 1,587 | 1,490 | 1,420 | 1,378 | 1,280 | 1,140 | 1,029 | 1,003 | 1,004 | 963 | 924 | 786 | 782 | 718 | 622 | 542 |
| Interest expense | 111 | 116 | 115 | 115 | 109 | 91 | 88 | 89 | 118 | 115 | 111 | 106 | 97 | 90 | 100 | — | — | — |
| Net interest income | — | −201 | −197 | −185 | −187 | −169 | −159 | −144 | — | — | — | — | — | — | −99 | −110 | −101 | −107 |
| Provision for credit losses | — | — | 28 | 7 | 20 | 17 | 11 | 13 | 16 | −1 | 0 | −2 | −0 | −0 | 0 | −0 | 5 | 5 |
| Income before tax | 693 | 556 | 491 | 512 | 384 | 431 | 611 | 202 | 194 | 212 | 27 | −183 | −7 | 189 | −44 | −52 | 193 | 254 |
| Income tax | 240 | 214 | 36 | 114 | 78 | 113 | 190 | 107 | 14 | 6 | −13 | 7 | −11 | 43 | 17 | −155 | 48 | 66 |
| Net income | 423 | 292 | 617 | 445 | 143 | 334 | 408 | 93 | 244 | 242 | 194 | −180 | −1 | 37 | −386 | −204 | 145 | 188 |
| Diluted EPS | $2.04 | $1.41 | $3.05 | $2.21 | $0.70 | $1.64 | $2.03 | $0.49 | $1.30 | $1.28 | $1.10 | −$1.05 | −$0.01 | $0.21 | −$2.20 | −$1.12 | $0.84 | $1.29 |
| Diluted shares (average) | 207m | 207m | 203m | 201m | 203m | 204m | 201m | 189m | 187m | 188m | 177m | 172m | 179m | 177m | 176m | 183m | 173m | 146m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 516 | 493 | 462 | 460 | 478 | 477 | 451 | 456 |
| Cost of revenue | 239 | — | — | — | — | — | — | — |
| Gross profit | 278 | — | — | — | — | — | — | — |
| Research and development | 9 | 5 | 4 | 3 | 4 | 4 | 3 | 3 |
| Selling, general and administrative | 148 | 166 | 171 | 144 | 141 | 133 | 129 | 139 |
| Net interest income | −27 | −24 | −25 | −26 | −26 | −26 | −29 | −26 |
| Provision for credit losses | −0 | 0 | 0 | −0 | 5 | −0 | −0 | −0 |
| Income before tax | −48 | 47 | 39 | 68 | 38 | 80 | 65 | 70 |
| Income tax | −6 | 11 | 9 | 16 | 11 | 22 | 16 | 17 |
| Net income | −37 | 35 | 30 | 52 | 27 | 58 | 50 | 53 |
| Diluted EPS | −$0.21 | $0.19 | $0.17 | $0.30 | $0.18 | $0.39 | $0.36 | $0.37 |
Compare with peers
- Brady Corp income statement
- Acco Brands Corp income statement
- Millerknoll, Inc. income statement
- HNI Corp income statement
- Eshallgo Inc. income statement
Head to head: BRC vs PBIACCO vs PBIMLKN vs PBIHNI vs PBI
More: Office Services & Supplies stocks compared, Industrials sector, rankings of US companies