gross profit bridgeinconsistent2024-12-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
Revenue
$1.89B
Fiscal year ended 2025-12-31Operating income
Unavailable
Fiscal year ended 2025-12-31Free cash flow
$316.98M
Fiscal year ended 2025-12-31PITNEY BOWES INC /DE/ (PBI) reported revenue of $1.89B and net income of $144.70M for the fiscal year ended 2025-12-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from PITNEY BOWES INC /DE/’s SEC filings, each linked to the filing it came from.
Income
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.89B | $2.03B | $2.08B | $2.48B | $3.67B | $3.55B | $3.21B | $3.21B | $2.78B | $2.98B |
| Cost of revenue | Unavailable | $964.30M | $1.05B | Unavailable | $2.55B | $2.40B | $1.92B | $1.79B | $1.43B | $1.51B |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Net income | $144.70M | -$203.60M | -$385.63M | $36.94M | -$1.35M | -$180.38M | $194.32M | $241.81M | $243.53M | $92.80M |
| Research & development | $15.28M | $31.96M | $29.49M | $35.46M | $46.78M | $38.38M | $51.26M | $58.52M | $60.86M | $107.38M |
| Weighted-average diluted shares | shares 173.04M | shares 182.53M | shares 175.64M | shares 177.25M | shares 179.10M | shares 171.52M | shares 177.45M | shares 188.38M | shares 187.44M | shares 188.98M |
| Pretax income | $192.52M | -$52.33M | -$43.92M | $188.65M | -$7.42M | -$183.37M | $26.73M | $188.12M | $193.70M | $201.79M |
| Income tax expense | $47.83M | -$154.83M | $17.35M | $42.96M | -$10.92M | $7.12M | -$13.13M | $6.42M | $13.66M | $106.98M |
| Diluted EPS | $0.84 | $-1.12 | $-2.20 | $0.21 | $-0.01 | $-1.05 | $1.10 | $1.28 | $1.30 | $0.49 |
| Selling, general & administrative | $621.57M | $717.89M | $781.61M | $785.54M | $924.16M | $963.32M | $1.00B | $1.00B | $1.03B | $1.14B |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $284.89M | $469.73M | $600.05M | $668.33M | $732.48M | $921.45M | $924.44M | $867.26M | $1.01B | $764.52M |
| Total assets | $3.17B | $3.40B | $4.27B | $4.74B | $4.96B | $5.22B | $5.47B | $5.94B | $6.63B | $5.84B |
| Current assets | $1.10B | $1.32B | $2.06B | $1.80B | $1.89B | $2.11B | $2.24B | $2.70B | $2.83B | $2.33B |
| Total liabilities | $3.97B | $3.98B | $4.64B | $4.68B | $4.85B | $5.15B | $5.18B | $5.84B | $6.50B | $5.94B |
| Current liabilities | $1.55B | $1.67B | $1.90B | $1.73B | $1.73B | $1.87B | $1.57B | $1.89B | $2.07B | $2.33B |
| Total equity incl. NCI | -$802.36M | -$578.43M | -$368.58M | $60.65M | $112.63M | $70.62M | $289.15M | $101.84M | $30.55M | -$103.66M |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $66.24M | $59.84M | $63.05M | $83.72M | $78.59M | $71.48M | $68.25M | $62.28M | $40.77M | $92.73M |
| Accounts receivable | $168.10M | $159.95M | $200.24M | $343.56M | $334.63M | $389.24M | $373.47M | $371.80M | $427.02M | $455.53M |
| Goodwill | $746.69M | $721.00M | $734.41M | $851.34M | $1.14B | $1.15B | $1.32B | $1.33B | $1.33B | $1.40B |
| Long-term debt | $1.98B | $1.87B | $2.09B | $2.17B | $2.30B | $2.35B | $2.72B | $3.07B | $3.56B | $2.75B |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $383.26M | $229.17M | $80.09M | $175.04M | $301.52M | $301.97M | $267.88M | $344.65M | $454.16M | $496.12M |
| Capital expenditures | $66.28M | $72.40M | $78.11M | $82.63M | $184.04M | $104.99M | $137.25M | $137.81M | $118.25M | $159.23M |
| Investing cash flow | -$125.10M | -$49.06M | -$124.10M | -$24.27M | -$155.25M | -$75.69M | $457.55M | $286.35M | -$621.36M | -$115.55M |
| Financing cash flow | -$445.36M | -$305.46M | -$30.00M | -$198.08M | -$330.37M | -$235.37M | -$670.30M | -$745.41M | $367.75M | -$229.53M |
| Net change in cash | -$184.84M | -$130.33M | -$68.28M | -$63.40M | -$188.97M | -$2.99M | $57.18M | -$139.79M | $244.50M | $124.33M |
| Stock-based compensation | $14.15M | $16.52M | $8.86M | $16.31M | $20.86M | $17.48M | $23.15M | $21.04M | $24.39M | $14.88M |
| Common dividends paid | $51.06M | $35.96M | $35.22M | $34.72M | $34.80M | $34.29M | $35.36M | $140.50M | $139.49M | $140.61M |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $111.58M | $114.48M | $112.72M | $111.17M | $162.86M | $160.62M | $159.14M | $148.46M | $126.79M | $174.06M |
Derived
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $316.98M | $156.77M | $1.98M | $92.41M | Unavailable | $196.98M | $130.63M | $206.84M | $335.91M | $336.89M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| FCF margin | 16.7% | 7.7% | 0.1% | 3.7% | Unavailable | 5.5% | 4.1% | 6.4% | 12.1% | 11.3% |
| SBC / revenue | 0.7% | 0.8% | 0.4% | 0.7% | 0.6% | 0.5% | 0.7% | 0.7% | 0.9% | 0.5% |
| Current ratio | 0.71x | 0.79x | 1.08x | 1.04x | 1.09x | 1.13x | 1.42x | 1.43x | 1.37x | 1.00x |
| Revenue YoY growth | -6.6% | -2.5% | -16.3% | -32.4% | 3.4% | 10.9% | -0.2% | 15.4% | -6.6% | Unavailable |
| Net margin | 7.6% | -10.0% | -18.5% | 1.5% | -0.0% | -5.1% | 6.1% | 7.5% | 8.7% | 3.1% |
| R&D / revenue | 0.8% | 1.6% | 1.4% | 1.4% | 1.3% | 1.1% | 1.6% | 1.8% | 2.2% | 3.6% |
| CapEx / revenue | 3.5% | 3.6% | 3.8% | 3.3% | 5.0% | 3.0% | 4.3% | 4.3% | 4.2% | 5.3% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | 24.8% | Unavailable | Unavailable | 22.8% | Unavailable | Unavailable | -49.1% | 3.4% | 7.1% | 53.0% |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open PBI in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-07-30View SEC filing
10-Q · Filed 2026-05-06View SEC filing
10-K/A · Filed 2026-02-20View SEC filing
10-K · Filed 2026-02-19View SEC filing
10-Q · Filed 2025-10-30View SEC filing
10-Q · Filed 2025-07-31View SEC filing
Reconciliation checks needing review
9 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.
gross profit bridgeinconsistent2023-12-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
gross profit bridgeinconsistent2021-12-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
gross profit bridgeinconsistent2020-12-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
gross profit bridgeinconsistent2019-12-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
gross profit bridgeinconsistent2018-12-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
gross profit bridgeinconsistent2017-12-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
gross profit bridgeinconsistent2016-12-31
Withheld: gross profit could not be reconciled with the rest of this filer’s statement.
balance equationreview2017-12-31
Difference 105194000 exceeds tolerance 6634606.000. Presentation or filing-vintage differences need review.