AI brief of an SEC Form 8-K · Pitney Bowes (PBI)

Pitney Bowes Raises 2026 Guidance After Preliminary Q1 Revenue Falls 3% to $477 Million

Positive Impact 4 of 5 guidance Written later

Pitney Bowes released preliminary, unaudited first-quarter 2026 results and raised its full-year 2026 guidance for revenue, Adjusted EBIT, Adjusted EPS and free cash flow. Q1 revenue of about $477 million was down 3% from Q1 2025, while Adjusted EBIT, Adjusted EPS and free cash flow all improved from a year earlier. The figures are preliminary and may change before the Form 10-Q, with complete Q1 results due May 5, 2026.

Key points

  • Preliminary Q1 2026 revenue of about $477 million, vs. $493 million in Q1 2025; the 3% decline compares with a 5% decline in Q1 2025 and 7% in the prior quarter
  • Adjusted EBIT of about $130 million vs. $120 million; Adjusted EPS of about $0.47 vs. $0.33; free cash flow of about $44 million vs. a $20 million use in Q1 2025
  • Full-year 2026 guidance raised: revenue $1,800-$1,860 million (from $1,760-$1,860 million), Adjusted EPS $1.50-$1.65 (from $1.40-$1.60), free cash flow $345-$380 million (from $340-$370 million)
  • Updated Adjusted EBIT and Adjusted EPS guidance now include about $15.4 million and $0.08 of pension costs previously excluded; full Q1 results are due May 5, 2026, with a call on May 6 at 8:00 a.m. ET

The filing

CompanyPitney Bowes (PBI)
Form8-K, current report
Filed with the SECApr 21, 2026, 8:07 AM ET
Accession number0001628280-26-026128

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 21, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.