Pitney Bowes (PBI) reported second-quarter 2026 revenue of $451.5 million, down 2% from $461.9 million a year earlier. GAAP net income rose to $49.9 million from $30.0 million, with basic earnings of $0.37 per share and diluted earnings of $0.36 per share.
The company said it raised its full-year outlook for adjusted EBIT, adjusted EPS and adjusted free cash flow while reaffirming revenue guidance. Pitney Bowes also reported debt reduction of $201 million from the end of the first quarter through July 29, 2026.
- Second-quarter revenue was $451.5 million, compared with $461.9 million in the prior-year quarter.
- GAAP net income was $49.9 million, compared with $30.0 million a year earlier.
- SendTech Solutions revenue fell 1% to $308.9 million.
- Presort Services revenue fell 5% to $142.6 million.
- The board approved a $0.10 per share quarterly dividend payable September 8, 2026, to shareholders of record as of August 10, 2026.
- Pitney Bowes repurchased 4.5 million shares for $53 million in the second quarter.
