Business
Pitney Bowes Announces Strong Preliminary Results for Q1 2026 and Raises Full-Year Financial Guidance
SHELTON, Conn., April 21, 2026--Pitney Bowes Inc. (NYSE: PBI) ("Pitney Bowes" or the "Company"), a technology-driven company that provides digital shipping solutions, mailing innovation, and financial services to clients around the world, today announced preliminary, unaudited financial results for the first quarter of fiscal year 2026. In addition, Pitney Bowes announced it is raising its full-year financial guidance.
About this update from Pitney Bowes Inc.
[{"type":"text","content":"Company Will Issue Complete Q1 2026 Results Post-Market on May 5, 2026, and Host an Investor Conference Call the Following Morning","length":130,"tagName":"p","attribs":{}},{"type":"text","content":"SHELTON, Conn., April 21, 2026--(BUSINESS WIRE)--Pitney Bowes Inc. (NYSE: PBI) ("Pitney Bowes" or the "Company"), a technology-driven company that provides digital shipping solutions, mailing innovation, and financial services to clients around the world, today announced preliminary, unaudited financial results for the first quarter of fiscal year 2026. In addition, Pitney Bowes announced it is raising its full-year financial guidance.","length":459,"tagName":"p"},{"type":"text","content":"Kurt Wolf, Chief Executive Officer and Director, commented:","length":59,"tagName":"p"},{"type":"text","content":""We delivered strong financial results in the first quarter thanks to exceptional execution across the organization. Our performance reflects broad-based revenue strength in SendTech, competitive wins in Presort, and continued cost management throughout all of our functional areas and business units. Our robust start to the year, combined with improving sales trends and share repurchases, has given us the confidence to raise our full-year guidance across all financial metrics. Our strong results and improving outlook are a testament to the dedication of the Pitney Bowes employee base. Their hard work has enabled us to build momentum as we pivot to pursuing profitable growth."","length":694,"tagName":"p"},{"type":"text","content":"Preliminary, Unaudited Financial Results for Q1 2026","length":52,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue of approximately $477 million, compared to Q1 2025 revenue of $493 million. This 3% rate of decline represents an improvement from our 5% Y-o-Y decline in Q1 of 2025 and a 7% Y-o-Y decline last quarter.","length":210,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBIT (AEBIT) of approximately $130 million, compared to Q1 2025 Adjusted EBIT of $120 million.","length":103,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EPS of approximately $0.47, compared to Q1 2025 Adjusted EPS of $0.33.","length":79,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Free Cash Flow of approxi...