Pitney Bowes (PBI) Operating Expenses (2009 - 2026)
Pitney Bowes (PBI) posted quarterly Operating Expenses of $386.0 million for Q2 2026, down 8.67% year-over-year from $422.6 million in Q2 2025, and down 2.75% quarter-over-quarter from $396.9 million in Q1 2026.
Pitney Bowes (PBI) Operating Expenses (2009 - 2026) Analysis & Trends
Pitney Bowes (PBI) has reported Operating Expenses for 18 consecutive years, with $386.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses fell 8.67% year-over-year to $386.0 million; the TTM figure through Jun 2026 stood at $1.6 billion (down 18.37% YoY), while the FY2025 annual figure was $1.7 billion, down 18.22% from the prior year.
- Operating Expenses retreated to $386.0 million in Q2 2026 per PBI's latest filing, from $396.9 million in the prior quarter.
- Across five years, Operating Expenses topped out at $927.4 million in Q2 2023 and bottomed at -$302.7 million in Q4 2022.
- Historically, Operating Expenses has averaged $538.6 million across 5 years, with a median of $486.9 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses plunged 130.81% — and 2023, when it jumped 294.6%.
- Pitney Bowes' Operating Expenses stood at -$302.7 million in 2022, then surged by 294.6% to $589.0 million in 2023, then fell by 4.19% to $564.3 million in 2024, then slipped by 22.16% to $439.2 million in 2025, then fell by 12.12% to $386.0 million in 2026.
- Business Quant data shows PBI's Operating Expenses at $386.0 million in Q2 2026, $396.9 million in Q1 2026, and $439.2 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 86.94 Bn | 82.29 Bn | 19.65 Bn | 21.90 Bn |
| 2 | Fedex | 77.50 Bn | 64.19 Bn | 18.84 Bn | 23.46 Bn |
| 3 | Hunt J B Transport Services | 25.89 Bn | 25.89 Bn | - | 3.24 Bn |
| 4 | Expeditors International Of Washington | 24.63 Bn | 23.60 Bn | 1.09 Bn | 3.15 Bn |
| 5 | ZTO Express (Cayman) | 17.10 Bn | 12.69 Bn | 469.01 Mn | -100.02 Mn |
| 6 | C. H. Robinson Worldwide | 16.95 Bn | 16.80 Bn | 1.11 Bn | 4.68 Bn |
| 7 | Landstar System | 6.26 Bn | 5.91 Bn | 308.86 Mn | 1.37 Bn |
| 8 | GXO Logistics | 5.23 Bn | 4.46 Bn | 508.00 Mn | 389.00 Mn |
| 9 | Pitney Bowes | 2.22 Bn | 1.94 Bn | 296.14 Mn | 386.01 Mn |
| 10 | Cryoport | 845.93 Mn | 449.23 Mn | 22.82 Mn | 32.86 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 386.01 Mn |
| Mar 31, 2026 | 396.94 Mn |
| Dec 31, 2025 | 439.25 Mn |
| Sep 30, 2025 | 391.53 Mn |
| Jun 30, 2025 | 422.64 Mn |
| Mar 31, 2025 | 446.69 Mn |
| Dec 31, 2024 | 564.32 Mn |
| Sep 30, 2024 | 543.34 Mn |
| Jun 30, 2024 | 497.60 Mn |
| Mar 31, 2024 | 473.67 Mn |
| Dec 31, 2023 | 588.97 Mn |
| Sep 30, 2023 | 476.11 Mn |
| Jun 30, 2023 | 927.43 Mn |
| Mar 31, 2023 | 845.53 Mn |
| Dec 31, 2022 | -302.66 Mn |
| Sep 30, 2022 | 820.79 Mn |
| Jun 30, 2022 | 874.19 Mn |
| Mar 31, 2022 | 901.92 Mn |
| Dec 31, 2021 | 982.24 Mn |
| Sep 30, 2021 | 868.48 Mn |