“Financing Activities Cash flows from financing activities for the first quarter of 2026 improved $69 million compared to the prior year period primarily due to the issuance of an additional $150 million of the March 2029 Notes, prior year fees paid to redeem/…”10-Q · May 6, 2026 ↗
Pitney Bowes Inc.
PBI
Market read
Pitney Bowes Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 20 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 9 directly disclosed connections are confirming.
- PBI's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if PBI's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 20 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 9 directly disclosed connections are confirming.
No thresholded supportive filing evidence is available yet.
No thresholded adverse filing evidence is available yet.
- PBI's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
- Net margin changed +17.7 percentage points in the latest annual period.
- Operating cash flow covered net income at 2.65x in the latest annual period.
- Pricing and mix has repeated favorable evidence across 3 filings.
- Latest annual revenue changed -6.6% year over year.
- Credit and interest rates has repeated adverse evidence across 3 filings.
- P/E is 33% above the available filing-peer median; determine whether growth and quality justify the difference.
- EV/sales is 111% above the available filing-peer median; determine whether growth and quality justify the difference.
Price as of Sep 11, 2026
17.07Reported annual revenue and per-share history. This is accounting history, not a forecast.
What management says matters
Persistent and emerging business drivers
“We expect low to mid-single digit decline in EBIT and EBIT margin, primarily driven by expected competitive pricing pressures in Presort Services, partially offset by lower worldwide operating costs from previous and continued cost-cutting actions, including…”10-Q · May 6, 2026 ↗
“Gross margin declined $34 million compared to the prior year period primarily driven by lower revenue; however, gross margin percentage increased to 66.2% from 64.4% driven by headcount reductions and other cost savings initiatives.”10-Q · Oct 30, 2025 ↗
“Corporate expenses were as follows: Three Months Ended March 31, Favorable/(Unfavorable) 2026 2025 Actual % change Corporate expenses $ 22,331 $ 32,117 30 % Corporate expenses for the first quarter of 2026 decreased $10 million compared to the prior year peri…”10-Q · May 6, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 1.6× · EV/sales 2.5×. Comparisons use only industry-matched filing peers.
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for PBI. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for PBI. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind PBI
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
ACCOFiling-linked namepartnerFeb 19, 2026 ▾
“15 Stock Performance Graph Our peer group is comprised of: ACCO Brands Corporation, Bread Financial Holdings, Inc., Cimpress plc, CSG Systems International, Inc., Deluxe Corporation, Diebold Nixdorf, Incorporated, E2open Parent Holdings, Inc., HNI Corporation…”
BFHBread Financial Holdings, Inc.partnerFeb 19, 2026 ▾
“15 Stock Performance Graph Our peer group is comprised of: ACCO Brands Corporation, Bread Financial Holdings, Inc., Cimpress plc, CSG Systems International, Inc., Deluxe Corporation, Diebold Nixdorf, Incorporated, E2open Parent Holdings, Inc., HNI Corporation…”
CMPRCimpress plcpartnerFeb 19, 2026 ▾
“15 Stock Performance Graph Our peer group is comprised of: ACCO Brands Corporation, Bread Financial Holdings, Inc., Cimpress plc, CSG Systems International, Inc., Deluxe Corporation, Diebold Nixdorf, Incorporated, E2open Parent Holdings, Inc., HNI Corporation…”
Filing peers
No filing peers are available for this name yet.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 6 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
PBI is currently a Follower in the organic co-movement group Cloud Software Solutions. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for PBI; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.