Pitney Bowes annual operating margin
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2024
2025
Pitney Bowes Operating Margin Growth & History (PBI)
Pitney Bowes's operating margin was 10.17% for fiscal 2025.
View full Pitney Bowes company overviewPitney Bowes annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 10.17% | +12.75 pp |
| 2024 | 2024-12-31 | −2.58% | −0.47 pp |
| 2023 | 2023-12-31 | −2.11% | −9.71 pp |
| 2022 | 2022-12-31 | 7.60% | +7.80 pp |
| 2021 | 2021-12-31 | −0.20% | +4.96 pp |
| 2020 | 2020-12-31 | −5.16% | −5.99 pp |
| 2019 | 2019-12-31 | 0.83% | +15.81 pp |
| 2018 | 2018-12-31 | −14.98% | −21.94 pp |
| 2017 | 2017-12-31 | 6.96% | +0.19 pp |
| 2016 | 2016-12-31 | 6.77% | −10.30 pp |
| 2015 | 2015-12-31 | 17.07% | +5.79 pp |
| 2014 | 2014-12-31 | 11.28% | +1.16 pp |
| 2013 | 2013-12-31 | 10.13% | −3.26 pp |
| 2012 | 2012-12-31 | 13.38% | +1.47 pp |
| 2011 | 2011-12-31 | 11.91% | +1.34 pp |
| 2010 | 2010-12-31 | 10.57% | −1.87 pp |
| 2009 | 2009-12-31 | 12.45% | +1.06 pp |
| 2008 | 2008-12-31 | 11.39% | +0.61 pp |
| 2007 | 2007-12-31 | 10.78% | — |
Pitney Bowes quarterly operating margin
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Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 14.51% | +6.00 pp |
| Q1 2026 | 2026-03-31 | 16.86% | +7.39 pp |
| Q4 2025 | 2025-12-31 | 8.03% | +17.37 pp |
| Q3 2025 | 2025-09-30 | 14.82% | +23.61 pp |
| Q2 2025 | 2025-06-30 | 8.50% | +10.11 pp |
| Q1 2025 | 2025-03-31 | 9.47% | +0.34 pp |
| Q4 2024 | 2024-12-31 | −9.34% | −133.31 pp |
| Q3 2024 | 2024-09-30 | −8.79% | −14.14 pp |
| Q2 2024 | 2024-06-30 | −1.60% | +83.57 pp |
| Q1 2024 | 2024-03-31 | 9.13% | +63.24 pp |
| Q4 2023 | 2023-12-31 | 123.98% | — |
| Q3 2023 | 2023-09-30 | 5.35% | +4.13 pp |
| Q2 2023 | 2023-06-30 | −85.18% | −84.87 pp |
| Q1 2023 | 2023-03-31 | −54.11% | −56.81 pp |
| Q3 2022 | 2022-09-30 | 1.22% | +0.42 pp |
| Q2 2022 | 2022-06-30 | −0.31% | −3.18 pp |
| Q1 2022 | 2022-03-31 | 2.70% | +7.25 pp |
| Q4 2021 | 2021-12-31 | 0.15% | −1.52 pp |
| Q3 2021 | 2021-09-30 | 0.80% | −0.47 pp |
| Q2 2021 | 2021-06-30 | 2.87% | +0.87 pp |
| Q1 2021 | 2021-03-31 | −4.55% | +24.16 pp |
| Q4 2020 | 2020-12-31 | 1.67% | +0.71 pp |
| Q3 2020 | 2020-09-30 | 1.27% | +3.74 pp |
| Q2 2020 | 2020-06-30 | 2.00% | −2.19 pp |
| Q1 2020 | 2020-03-31 | −28.71% | −29.37 pp |
| Q4 2019 | 2019-12-31 | 0.96% | +32.62 pp |
| Q3 2019 | 2019-09-30 | −2.47% | +13.97 pp |
| Q2 2019 | 2019-06-30 | 4.19% | −2.14 pp |
| Q1 2019 | 2019-03-31 | 0.66% | +10.78 pp |
| Q4 2018 | 2018-12-31 | −31.66% | −41.71 pp |
| Q3 2018 | 2018-09-30 | −16.44% | −24.12 pp |
| Q2 2018 | 2018-06-30 | 6.32% | +0.54 pp |
| Q1 2018 | 2018-03-31 | −10.12% | −10.53 pp |
| Q4 2017 | 2017-12-31 | 10.05% | +19.60 pp |
| Q3 2017 | 2017-09-30 | 7.67% | −3.48 pp |
| Q2 2017 | 2017-06-30 | 5.78% | −5.37 pp |
| Q1 2017 | 2017-03-31 | 0.42% | −11.38 pp |
| Q4 2016 | 2016-12-31 | −9.55% | −23.34 pp |
| Q3 2016 | 2016-09-30 | 11.15% | −4.55 pp |
| Q2 2016 | 2016-06-30 | 11.15% | −12.62 pp |
| Q1 2016 | 2016-03-31 | 11.80% | −3.42 pp |
| Q4 2015 | 2015-12-31 | 13.79% | +3.97 pp |
| Q3 2015 | 2015-09-30 | 15.70% | +0.67 pp |
| Q2 2015 | 2015-06-30 | 23.78% | +9.33 pp |
| Q1 2015 | 2015-03-31 | 15.22% | +9.41 pp |
| Q4 2014 | 2014-12-31 | 9.83% | +0.79 pp |
| Q3 2014 | 2014-09-30 | 15.03% | +5.51 pp |
| Q2 2014 | 2014-06-30 | 14.45% | +3.00 pp |
| Q1 2014 | 2014-03-31 | 5.81% | −3.19 pp |
| Q4 2013 | 2013-12-31 | 9.04% | +77.44 pp |
| Q3 2013 | 2013-09-30 | 9.52% | −3.45 pp |
| Q2 2013 | 2013-06-30 | 11.45% | −17.18 pp |
| Q1 2013 | 2013-03-31 | 9.00% | −22.81 pp |
| Q4 2012 | 2012-12-31 | −68.40% | −70.17 pp |
| Q3 2012 | 2012-09-30 | 12.96% | +0.22 pp |
| Q2 2012 | 2012-06-30 | 28.63% | +15.89 pp |
| Q1 2012 | 2012-03-31 | 31.81% | +20.86 pp |
| Q4 2011 | 2011-12-31 | 1.76% | −8.66 pp |
| Q3 2011 | 2011-09-30 | 12.75% | +2.12 pp |
| Q2 2011 | 2011-06-30 | 12.75% | +4.75 pp |
| Q1 2011 | 2011-03-31 | 10.95% | −0.92 pp |
| Q4 2010 | 2010-12-31 | 10.42% | −1.09 pp |
| Q3 2010 | 2010-09-30 | 10.62% | −1.76 pp |
| Q2 2010 | 2010-06-30 | 8.00% | −5.01 pp |
| Q1 2010 | 2010-03-31 | 11.87% | −1.07 pp |
| Q4 2009 | 2009-12-31 | 11.52% | — |
| Q3 2009 | 2009-09-30 | 12.38% | +0.99 pp |
| Q2 2009 | 2009-06-30 | 13.00% | +0.00 pp |
| Q1 2009 | 2009-03-31 | 12.93% | — |
| Q3 2008 | 2008-09-30 | 11.39% | — |
| Q2 2008 | 2008-06-30 | 13.00% | — |
Pitney Bowes operating margin trends
Over the last five fiscal years, Pitney Bowes's operating margin increased from −5.16% to 10.17%, a change of +15.33 percentage points. The latest reported quarter, Q2 2026, shows 14.51%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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