Pitney Bowes Inc. ($PBI) reported second-quarter 2026 revenue of $451.5 million, down 2.3% from a year ago but slightly ahead of analyst estimates. Gross profit came in at $242.3 million, while operating profit improved sharply to $94.1 million as the company continued to expand profitability.
Bottom-line results also strengthened. Net income attributable to common shareholders rose to $49.9 million, and diluted earnings per share increased to $0.36, more than doubling from the prior year and topping expectations. The gains suggest better operating leverage even as sales edged lower.
Cash generation remained a bright spot in the quarter, with cash from operating activities reaching $152.9 million. Capital spending totaled $18.5 million, and the company ended the period with $266.8 million in cash and cash equivalents. Total liabilities stood at $3.9 billion.
- Revenue: $451.5 million
- Operating profit: $94.1 million
- Diluted EPS: $0.36
- Operating cash flow: $152.9 million
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Pitney Bowes Inc. Insider Trading Activity
Pitney Bowes Inc. insiders have traded $PBI stock on the open market 33 times in the past 6 months. Of those trades, 1 have been purchases and 32 have been sales.
Here’s a breakdown of recent trading of $PBI stock by insiders over the last 6 months:
- KURT JAMES WOLF (President & CEO) has made 0 purchases and 24 sales selling 2,121,580 shares for an estimated $32,619,048.
- DEBORAH PFEIFFER (EVP & Pres, Presort Services) has made 0 purchases and 2 sales selling 41,825 shares for an estimated $658,353.
- BRENT D ROSENTHAL purchased 4,000 shares for an estimated $40,900
- LAUREN FREEMEN-BOSWORTH (EVP/Gen Counsel & Corp Sec) has made 0 purchases and 6 sales selling 2,900 shares for an estimated $35,563.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Pitney Bowes Inc. Hedge Fund Activity
We have seen 129 institutional investors add shares of Pitney Bowes Inc. stock to their portfolio, and 148 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- LSV ASSET MANAGEMENT added 2,136,691 shares (+50.9%) to their portfolio in Q1 2026, for an estimated $23,610,435
- GOLDMAN SACHS GROUP INC removed 1,593,122 shares (-33.3%) from their portfolio in Q1 2026, for an estimated $17,603,998
- ASSENAGON ASSET MANAGEMENT S.A. removed 1,447,863 shares (-97.5%) from their portfolio in Q2 2026, for an estimated $25,366,559
- MILLENNIUM MANAGEMENT LLC removed 1,258,260 shares (-47.8%) from their portfolio in Q1 2026, for an estimated $13,903,773
- POINT72 ASSET MANAGEMENT, L.P. removed 1,144,850 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $12,650,592
- BLACKROCK, INC. removed 1,072,290 shares (-6.8%) from their portfolio in Q1 2026, for an estimated $11,848,804
- PRICE T ROWE ASSOCIATES INC /MD/ removed 1,046,988 shares (-83.0%) from their portfolio in Q1 2026, for an estimated $11,569,217
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Pitney Bowes Inc. Government Contracts
We have seen $34,642,251 of award payments to $PBI over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- NEW BPA CALL - PITNEY BOWES POSTAGE AND SUPPLY FOR FBC, RMA, NRCS AND FSA AGENCIES WITHIN USDA. MORATORIUM...: $3,716,299
- POSTAGE METERING EQUIPMENT LEASE AND MAINTENANCE FOR RURAL DEVELOPMENT POSTAGE IS CONSIDERED A FORM OF CUR...: $2,623,175
- THIS IS A SINGLE ACTION CALL ORDER THAT COVERS THE ONLINE POSTAGE REQUIRES FOR ALL AGENCY AND STAFF ELEMENT...: $1,042,019
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
Pitney Bowes Inc. Price Targets
Multiple analysts have issued price targets for $PBI recently. We have seen 3 analysts offer price targets for $PBI in the last 6 months, with a median target of $16.5.
Here are some recent targets:
- Aaron Kimson from Citizens set a target price of $19.0 on 06/05/2026
- Curtis Nagle from B of A Securities set a target price of $16.5 on 05/11/2026
- Jasper Bibb from Truist Securities set a target price of $15.0 on 05/07/2026
