Pitney Bowes (PBI) Gross Margin (2009 - 2026)
Pitney Bowes (PBI) reported Gross Margin of 78.63% for Q1 2026, down 16.0% year-over-year from 93.61% in Q1 2025, and down 97.61% quarter-over-quarter from 3294.0% in Q4 2025.
Pitney Bowes (PBI) Gross Margin (2009 - 2026) Analysis & Trends
Pitney Bowes (PBI) has 18 years of Gross Margin data on file, last reported at 78.63% in Q1 2026.
- Gross Margin for Q1 2026 came in at 78.63%, down 16.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 93.39% (up 2248.0% YoY), and the FY2025 annual result was 100.0%, up 2367.0% from the prior year.
- Gross Margin retreated to 78.63% in Q1 2026 per PBI's latest filing, from 3294.0% in the prior quarter.
- Over five years, Gross Margin peaked at 3294.0% in Q4 2025 and troughed at 45.52% in Q3 2022.
- A 5-year average of 281.77% and a median of 78.63% in 2026 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2025: Gross Margin slumped 40026 bps in 2023, then soared 324021 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 451.13% in 2022, then sank by 89 bps to 50.88% in 2023, then gained by 6 bps to 53.79% in 2024, then jumped by 6024 bps to 3294.0% in 2025, then tumbled by 98 bps to 78.63% in 2026.
- Business Quant data shows PBI's Gross Margin at 78.63% in Q1 2026, 3294.0% in Q4 2025, and 88.19% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | 86.96% |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | 85.38% |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn | 94.27% |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn | 37.30% |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | 99.58% |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | 98.74% |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | 14.86% |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | 24.36% |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | 78.63% |
| 10 | Cryoport | 783.40 Mn | 379.76 Mn | 21.91 Mn | 45.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 78.63% |
| Dec 31, 2025 | 3,294.00% |
| Sep 30, 2025 | 88.19% |
| Jun 30, 2025 | 79.18% |
| Mar 31, 2025 | 78.79% |
| Dec 31, 2024 | 53.79% |
| Sep 30, 2024 | 76.44% |
| Jun 30, 2024 | 75.37% |
| 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 | 451.13% |
| Sep 30, 2022 | 45.52% |
| Jun 30, 2022 | 95.67% |
| Mar 31, 2022 | 95.99% |
| Dec 31, 2021 | 27.62% |
| Sep 30, 2021 | 46.06% |
| Jun 30, 2021 | 99.99% |