Pitney Bowes (PBI) Research & Development (2009 - 2026)
Pitney Bowes (PBI) posted quarterly Research & Development of $3.4 million for 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.
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.
- In Q2 2026, Research & Development fell 6.05% year-over-year to $3.4 million; the TTM figure through Jun 2026 stood at $14.1 million (down 44.6% YoY), while the FY2025 annual figure was $15.3 million, down 52.19% from the prior year.
- Research & Development fell to $3.4 million in Q2 2026 per PBI's latest filing, from $3.8 million in the prior quarter.
- Across five years, Research & Development topped out at $11.3 million in Q1 2022 and bottomed at $3.1 million in Q4 2022.
- Historically, Research & Development has averaged $7.0 million across 5 years, with a median of $7.6 million in 2024.
- Annual changes were most pronounced in 2022 — Research & Development sank 77.77% — and 2023, when it soared 164.56%.
- Pitney Bowes' Research & Development stood at $3.1 million in 2022, then jumped by 164.56% to $8.1 million in 2023, then grew by 17.1% to $9.5 million in 2024, then sank by 63.07% to $3.5 million in 2025, then retreated by 3.48% to $3.4 million in 2026.
- Business Quant data shows PBI's Research & Development at $3.4 million in Q2 2026, $3.8 million in Q1 2026, and $3.5 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 87.24 Bn | 82.59 Bn | 19.65 Bn | - |
| 2 | Fedex | 77.35 Bn | 64.04 Bn | 18.84 Bn | - |
| 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 | 9.89 Mn |
| 5 | C. H. Robinson Worldwide | 17.04 Bn | 16.89 Bn | 1.11 Bn | - |
| 6 | ZTO Express (Cayman) | 17.03 Bn | 12.62 Bn | 469.01 Mn | - |
| 7 | Landstar System | 6.19 Bn | 5.84 Bn | 308.86 Mn | - |
| 8 | GXO Logistics | 5.22 Bn | 4.45 Bn | 508.00 Mn | - |
| 9 | Pitney Bowes | 2.21 Bn | 1.93 Bn | 296.14 Mn | 3.38 Mn |
| 10 | Cryoport | 842.14 Mn | 445.45 Mn | 22.82 Mn | 4.85 Mn |
Historic Data
Download 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 |