Pitney Bowes Q1 revenue falls 3% to $477 million as adjusted EPS rises 42%
Pitney Bowes reported first-quarter 2026 revenue of $477 million, down 3% from $493 million a year earlier, while GAAP diluted EPS rose to $0.39 from $0.19 and adjusted EPS rose 42% to $0.47. The company reaffirmed the full-year 2026 guidance it raised in April and increased its quarterly dividend to $0.10 per share from $0.09, so shareholders see lower sales alongside higher reported and adjusted profit.
Key points
- Revenue was $477 million versus $493 million, down 3%; SendTech revenue fell 1% to $314 million and Presort revenue fell 8% to $163 million.
- GAAP diluted EPS was $0.39 versus $0.19; adjusted EPS was $0.47 versus $0.33.
- 2026 guidance was reaffirmed: revenue of $1.8 billion to $1.86 billion and adjusted EPS of $1.50 to $1.65.
- The quarterly dividend rises to $0.10 per share, payable June 5, 2026, to holders of record as of May 18, 2026; the company repurchased 17.2 million shares for $186 million year-to-date through May 1, 2026.
The filing
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 May 05, 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.