Pitney Bowes (PBI) Research & Development (2009 - 2026)
Pitney Bowes' (PBI) quarterly Research & Development came in at $3.4 million in Q2 2026, down 6.05% year-over-year from $3.6 million in Q2 2025, and down 10.83% quarter-over-quarter from $3.8 million in Q1 2026.
Analysis
Pitney Bowes (PBI) Research & Development (2009 - 2026) Analysis & Trends
Pitney Bowes (PBI) has reported Research & Development for 18 consecutive years, with $3.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development fell 6.05% year-over-year to $3.4 million in Q2 2026; TTM through Jun 2026 was $14.1 million, a 44.6% decrease from a year earlier, with the FY2025 full-year figure at $15.3 million, down 52.19% from the prior year.
- Research & Development was $3.4 million for Q2 2026 at Pitney Bowes, down from $3.8 million in the prior quarter.
- Over five years, Research & Development peaked at $11.3 million in Q1 2022 and troughed at $3.1 million in Q4 2022.
- A 5-year average of $7.0 million and a median of $7.6 million in 2024 frame the typical range for Research & Development.
- Across the five-year window, Research & Development slumped 77.77% in 2022 and surged 164.56% in 2023, its largest moves.
- Over 5 years, Research & Development stood at $3.1 million in 2022, then surged by 164.56% to $8.1 million in 2023, then advanced by 17.1% to $9.5 million in 2024, then sank by 63.07% to $3.5 million in 2025, then declined by 3.48% to $3.4 million in 2026.
- The last three Research & Development figures came in at $3.4 million (Q2 2026), $3.8 million (Q1 2026), and $3.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Pitney Bowes | 2.32 Bn | 2.04 Bn | 296.14 Mn | 3.38 Mn |
| 2 | Cimpress | 2.06 Bn | 1.81 Bn | 429.99 Mn | 205.70 Mn |
| 3 | Eastman Kodak | 874.33 Mn | 557.33 Mn | 82.00 Mn | 9.00 Mn |
| 4 | CPI Card | 316.31 Mn | 294.94 Mn | 48.49 Mn | - |
| 5 | Planet Image International | 68.94 Mn | 15.03 Mn | - | - |
| 6 | Rich Sparkle Holdings | 34.04 Mn | 30.25 Mn | 632,059.00 | - |
| 7 | Adm Endeavors | 6.74 Mn | 6.46 Mn | 447,964.00 | 10,070.00 |
| 8 | EShallGo | 2.10 Mn | -8.60 Mn | - | - |
| 9 | Powell Max | 231,173.82 | -1.77 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.38 Mn |
| Mar 31, 2026 | 3.79 Mn |
| Dec 31, 2025 | 3.51 Mn |
| Sep 30, 2025 | 3.41 Mn |
| Jun 30, 2025 | 3.60 Mn |
| Mar 31, 2025 | 4.76 Mn |
| Dec 31, 2024 | 9.49 Mn |
| Sep 30, 2024 | 7.58 Mn |
| Jun 30, 2024 | 7.26 Mn |
| Mar 31, 2024 | 7.63 Mn |
| Dec 31, 2023 | 8.11 Mn |
| Sep 30, 2023 | 7.72 Mn |
| Jun 30, 2023 | 10.27 Mn |
| Mar 31, 2023 | 10.49 Mn |
| Dec 31, 2022 | 3.06 Mn |
| Sep 30, 2022 | 9.81 Mn |
| Jun 30, 2022 | 11.25 Mn |
| Mar 31, 2022 | 11.33 Mn |
| Dec 31, 2021 | 13.78 Mn |
| Sep 30, 2021 | 10.62 Mn |