Pitney Bowes Inc. ($PBI) reported third-quarter 2026 revenue of $456.2 million, down slightly from a year earlier but just below analyst expectations. The company posted modest year-over-year gains across profitability measures, including gross profit of $247.3 million and operating profit of $96.1 million.
Net income attributable to common shareholders rose to $52.7 million, while diluted earnings per share increased to $0.37, topping the consensus estimate. Cash flow from operating activities improved sharply to $151.1 million, signaling stronger cash generation during the quarter.
On the expense side, cost of sales fell to $208.9 million, helping support margins. The company also reduced capital spending to $10.7 million for property and equipment purchases.
At quarter end, Pitney Bowes held $268.5 million in cash and equivalents, while total liabilities stood at $3.8 billion. The results point to steady profitability and stronger operating cash flow, even as revenue was slightly lower year over year.
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 41 times in the past 6 months. Of those trades, 0 have been purchases and 41 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 36 sales selling 3,028,139 shares for an estimated $52,253,451.
- DEBORAH PFEIFFER (EVP & Pres, Presort Services) has made 0 purchases and 3 sales selling 61,825 shares for an estimated $1,000,593.
- TODD A. EVERETT (EVP and President of SendTech) has made 0 purchases and 2 sales selling 35,000 shares for an estimated $620,650.
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 162 institutional investors add shares of Pitney Bowes Inc. stock to their portfolio, and 154 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- HESTIA CAPITAL MANAGEMENT, LLC removed 5,052,385 shares (-59.8%) from their portfolio in Q2 2026, for an estimated $88,517,785
- D. E. SHAW & CO., INC. added 2,478,114 shares (+185.8%) to their portfolio in Q2 2026, for an estimated $43,416,557
- TWO SIGMA INVESTMENTS, LP added 2,313,480 shares (+409.6%) to their portfolio in Q2 2026, for an estimated $40,532,169
- BLACKROCK, INC. removed 2,089,794 shares (-14.2%) from their portfolio in Q2 2026, for an estimated $36,613,190
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,935,916 shares (+inf%) to their portfolio in Q2 2026, for an estimated $33,917,248
- HSBC HOLDINGS PLC added 1,415,590 shares (+824.5%) to their portfolio in Q2 2026, for an estimated $24,801,136
- NUVEEN, LLC added 1,359,242 shares (+197.1%) to their portfolio in Q2 2026, for an estimated $23,813,919
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 $38,090,608 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:
- POSTAGE METERING EQUIPMENT LEASE AND MAINTENANCE FOR RURAL DEVELOPMENT POSTAGE IS CONSIDERED A FORM OF CUR...: $2,623,175
- MAINTENANCE SERVICES ON PITNEY BOWES MAIL METERING EQUIPMENT AND DATA HOSTING SERVICES.: $2,021,957
- THIS IS A SINGLE ACTION CALL ORDER THAT COVERS THE ONLINE POSTAGE REQUIRES FOR ALL AGENCY AND STAFF ELEMENT...: $1,487,398
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
