Pitney Bowes (PBI) Research & Development (2009 - 2026)
Pitney Bowes (PBI) reported Research & Development of $3.8 million for Q1 2026, down 20.34% year-over-year from $4.8 million in Q1 2025, and up 8.25% quarter-over-quarter from $3.5 million in Q4 2025.
Pitney Bowes (PBI) Research & Development (2009 - 2026) Analysis & Trends
Pitney Bowes (PBI) has 18 years of Research & Development data on file, last reported at $3.8 million in Q1 2026.
- Research & Development for Q1 2026 came in at $3.8 million, down 20.34% year-over-year; the trailing twelve-month figure through Mar 2026 was $14.3 million (down 50.82% YoY), and the FY2025 annual result was $15.3 million, down 52.19% from the prior year.
- Research & Development grew to $3.8 million in Q1 2026 per PBI's latest filing, from $3.5 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 $7.2 million and a median of $7.6 million in 2024 frame the typical range for Research & Development.
- The sharpest annual moves came in 2022 and 2023: Research & Development sank 77.77% in 2022, then soared 164.56% in 2023.
- A 5-year view of Research & Development shows it stood at $3.1 million in 2022, then soared by 164.56% to $8.1 million in 2023, then climbed by 17.1% to $9.5 million in 2024, then plunged by 63.07% to $3.5 million in 2025, then increased by 8.25% to $3.8 million in 2026.
- Business Quant data shows PBI's Research & Development at $3.8 million in Q1 2026, $3.5 million in Q4 2025, and $3.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | - |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | - |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn | - |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn | - |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | - |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | - |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | - |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | - |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | 3.79 Mn |
| 10 | Cryoport | 783.40 Mn | 379.76 Mn | 21.91 Mn | 3.91 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 11.06 Mn |