Filing Flows › Pitney Bowes (PBI) › Q2 2026
Pitney Bowes (PBI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 30, 2026
Pitney Bowes (PBI) reported revenue of $451M for the second quarter 2026 (Q2 2026), -2% from a year earlier and -5% from the quarter before. Operating margin was 14.5%, net earnings $49.9M (11.1% of revenue).
Pitney Bowes, Q2 2026: revenue $451M (-2% year over year), operating margin 14.5%, net earnings $49.9M, operating cash flow $153M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $451M | -5% | -2% |
| Operating profit | $65.5M | -19% | +67% |
| Net earnings | $49.9M | -14% | +66% |
| Operating cash flow | $153M | +246% | +37% |
| Free cash flow | $134M | +375% | +37% |
What changed
Revenue was $451.5M in Q2 2026, down 2% year over year and down 5% from the previous quarter. Services was the largest line at 63% of revenue. Services lost $5.9M year over year (down 2%), 57% of the total change.
Operating profit was $65.5M, a 14.5% margin (up 6.0 points year over year). Total costs fell 9% while revenue fell 2%. Net earnings were $49.9M, up 66% year over year. The effective tax rate was 23.8%.
Operating cash flow was $152.9M (up 37% year over year), 306% of net earnings. Non-cash charges added back $23.7M of depreciation and amortization and $9.8M of share-based compensation. Working capital and other items added $69.5M. Capital expenditures of $18.5M left free cash flow of $134.4M.
Questions
What was Pitney Bowes' revenue in the second quarter 2026?
Pitney Bowes (PBI) reported revenue of $451M for the second quarter 2026 (Q2 2026), -2% from a year earlier and -5% from the quarter before.
Was Pitney Bowes profitable in the second quarter 2026?
Operating profit was $65.5M (14.5% of revenue) and net earnings $49.9M.
Source: Pitney Bowes 10-Q on SEC EDGAR.