Earnings Releases·Oct 28, 2026, 4:09 PM ET

Pitney Bowes — Third Quarter 2026 Earnings Summary

Q3 2026 revenue declined 1% to $456 million, while GAAP EPS rose 23% to $0.37 and Adjusted EPS increased 35% to $0.42; Adjusted Free Cash Flow surged 144% to $147 million.
Full-year 2026 guidance was raised and narrowed across all key metrics: Revenue to $1,830–$1,860 million, Adjusted EBIT to $450–$470 million, Adjusted EPS to $1.58–$1.67, and Adjusted Free Cash Flow to $380–$420 million.
Strategic capital allocation included $148 million in debt reduction, a $585 million term loan repricing reducing interest margins by 75 basis points, $28 million in share repurchases, and a Board-approved $0.10 quarterly dividend.
Segment performance showed Adjusted Segment EBIT growth in SendTech Solutions (up 14%) and Presort Services (down 2% due to higher transportation costs), driven by new customer wins following the exit of a major mail sortation competitor.