Filing Flows › Pitney Bowes (PBI) › Q3 2026 › vs Q2 2026
Pitney Bowes (PBI) Q3 2026 vs Q2 2026 (quarter over quarter)
Pitney Bowes's revenue rose $4.7M (+1%) from $451M in Q2 2026 to $456M in Q3 2026. The biggest changes: Services +$3.5M (+1%); Products +$2.7M (+3%); Financing and other −$1.6M (-2%). Operating margin 15.4% against 14.5% (+0.9 pts).
Pitney Bowes, Q3 2026: revenue $456M (-0.8% year over year), operating margin 15.4%, net earnings $52.7M, operating cash flow $151M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 15.4% | 14.5% | +0.9 pts |
| Net margin | 11.5% | 11.1% | +0.5 pts |
| Free cash flow margin | 30.8% | 29.8% | +1.0 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Services | $288M | $285M | $3.5M | +1% |
| Products | $90.3M | $87.5M | $2.7M | +3% |
| Financing and other | $77.9M | $79.5M | −$1.6M | -2% |
| Revenue | $456M | $451M | $4.7M | +1% |
| Operating profit | $70.1M | $65.5M | $4.6M | +7% |
| Costs & expenses | $386M | $386M | $83K | 0% |
| Pre-tax earnings | $70.1M | $65.5M | $4.6M | +7% |
| Research & development | $3.4M | $3.4M | $0 | 0% |
| SG&A | $139M | $129M | $10.5M | +8% |
| Other operating costs | $244M | $254M | −$10.4M | -4% |
| Net earnings | $52.7M | $49.9M | $2.8M | +6% |
| Income tax | $17.4M | $15.6M | $1.8M | +12% |
| Depreciation & amortization | $22.7M | $23.7M | −$953K | -4% |
| Share-based compensation | $3.9M | $9.8M | −$5.9M | -60% |
| Working capital & other | $71.9M | $69.5M | $2.3M | +3% |
| Operating cash flow | $151M | $153M | −$1.8M | -1% |
| Free cash flow (OCF − capex) | $140M | $134M | $6.0M | +4% |
| Capital expenditures | $10.7M | $18.5M | −$7.8M | -42% |
Questions
How much did Pitney Bowes's revenue grow quarter over quarter in Q3 2026?
Pitney Bowes's revenue rose $4.7M (+1%) from $451M in Q2 2026 to $456M in Q3 2026.
What drove Pitney Bowes's revenue change in Q3 2026?
Services +$3.5M (+1%); Products +$2.7M (+3%); Financing and other −$1.6M (-2%).