Pitney Bowes Announces Financial Results for Second Quarter 2026 and Issues CEO Letter
Pitney Bowes reported Q2 revenue of $451 million, a 2% decline from the prior year, but profitability expanded significantly with Adjusted EPS rising 59% to $0.43 and Adjusted Free Cash Flow increasing 39% to $148 million. Based on the strong performance, the company raised its full-year guidance for Adjusted EBIT to $445M-$475M, Adjusted EPS to $1.55-$1.70, and Adjusted Free Cash Flow to $360M-$410M, while reaffirming revenue expectations. Capital allocation was a highlight, with debt reduced by $201 million since the end of Q1 and the revolving credit facility paid down to zero.
Key figures
- Eps
- $0.36
- Revenue
- $451 million
- Guidance
- FY26 Revenue $1.80B-$1.86B (reaffirmed), Adj EBIT $445M-$475M (raised), Adj EPS $1.55-$1.70 (raised), Adj FCF $360M-$410M (raised)
- Revenue Yoy
- -2%
- Adj eps
- $0.43
- Adj fcf
- $148 million
- Adj ebit
- $116 million
- Buyback cost
- $53 million
- Debt reduction
- $201 million
- Dividend per share
- $0.10
- Shares repurchased
- 4.5
AI analysis
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