Pitney Bowes (PBI) Gross Margin (2009 - 2026)
Pitney Bowes (PBI) posted quarterly Gross Margin of 65.59% for Q2 2026, down 318.0% year-over-year from 30.09% in Q2 2025, and down 2.53% quarter-over-quarter from 67.29% in Q1 2026.
Pitney Bowes (PBI) Gross Margin (2009 - 2026) Analysis & Trends
Pitney Bowes (PBI) has reported Gross Margin for 18 consecutive years, with 65.59% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin fell 318.0% year-over-year to 65.59%; the TTM figure through Jun 2026 stood at 56.49% (down 813.0% YoY), while the FY2025 annual figure was 68.57%, up 10.0% from the prior year.
- Gross Margin eased to 65.59% in Q2 2026 per PBI's latest filing, from 67.29% in the prior quarter.
- Across five years, Gross Margin topped out at 68.77% in Q2 2025 and bottomed at 2867.82% in Q4 2025.
- Historically, Gross Margin has averaged 123.86% across 5 years, with a median of 52.33% in 2023.
- Annual changes were most pronounced in 2023 — Gross Margin soared 34369 bps — and 2025, when it slumped 292161 bps.
- Pitney Bowes' Gross Margin stood at 292.81% in 2022, then surged by 117 bps to 50.88% in 2023, then advanced by 6 bps to 53.79% in 2024, then plunged by 5432 bps to 2867.82% in 2025, then surged by 102 bps to 65.59% in 2026.
- Business Quant data shows PBI's Gross Margin at 65.59% in Q2 2026, 67.29% in Q1 2026, and 2867.82% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 87.24 Bn | 82.59 Bn | 19.65 Bn | 86.04% |
| 2 | Fedex | 77.35 Bn | 64.04 Bn | 18.84 Bn | 75.35% |
| 3 | Hunt J B Transport Services | 25.86 Bn | 25.86 Bn | - | - |
| 4 | Expeditors International Of Washington | 24.43 Bn | 23.40 Bn | 1.09 Bn | 30.99% |
| 5 | C. H. Robinson Worldwide | 17.04 Bn | 16.89 Bn | 1.11 Bn | 22.41% |
| 6 | ZTO Express (Cayman) | 17.03 Bn | 12.62 Bn | 469.01 Mn | 24.36% |
| 7 | Landstar System | 6.19 Bn | 5.84 Bn | 308.86 Mn | 21.56% |
| 8 | GXO Logistics | 5.22 Bn | 4.45 Bn | 508.00 Mn | 14.76% |
| 9 | Pitney Bowes | 2.21 Bn | 1.93 Bn | 296.14 Mn | 65.59% |
| 10 | Cryoport | 842.14 Mn | 445.45 Mn | 22.82 Mn | 46.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 65.59% |
| Mar 31, 2026 | 77.79% |
| Dec 31, 2025 | 3,294.00% |
| Sep 30, 2025 | 88.19% |
| Jun 30, 2025 | 68.77% |
| Mar 31, 2025 | 78.51% |
| Dec 31, 2024 | 53.79% |
| Sep 30, 2024 | 79.44% |
| Jun 30, 2024 | 67.70% |
| Mar 31, 2024 | 79.00% |
| Dec 31, 2023 | 50.88% |
| Sep 30, 2023 | 50.69% |
| Jun 30, 2023 | 49.01% |
| Mar 31, 2023 | 47.81% |
| Dec 31, 2022 | 144.83% |
| Sep 30, 2022 | 99.99% |
| Jun 30, 2022 | 99.99% |
| Mar 31, 2022 | 100.00% |
| Dec 31, 2021 | 27.62% |
| Sep 30, 2021 | 100.00% |