Pitney Bowes raises 2026 guidance, returns $565M via buybacks, doubles dividend to $0.10

Filed May 5, 2026 · Period ending May 5, 2026 · ~2 min read

Key Changes

• high

  Q1 2026 revenue $477M (down 3% YoY), adjusted EPS $0.47 (up 42%), free cash flow $44M vs. negative $20M prior year; management raised full-year 2026 guidance citing better-than-expected performance.

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
• high

  Returned $565M to shareholders through repurchase of 53.1 million shares at average $10.64 through May 1, 2026; Board increased quarterly dividend by $0.01 to $0.10 per share (fifth increase in six quarters).

  Exhibit 99.1 verify on EDGAR →
• high

  Strategic review Phase 2 to begin by end of Q2 2026; Board evaluating financial and legal advisors for external review process, which management says will not distract from operational priorities.

  Exhibit 99.2 verify on EDGAR →