Pitney Bowes Inc. (PBI) quarterly cash flow statement — complete operating, investing & financing history
Pitney Bowes Inc. (PBI) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 147.27M | 44.16M | 233.56M | 66.85M | 111.39M | -16.68M | 134.48M | 14.75M | 92.85M | -12.53M | 93.92M | 19.78M | -44K | -39.71M | 166.75M | -36.47M | 35.13M | 10.56M | 85.34M | 71.44M |
| Operating CF Margin % | 32.62% | 9.25% | 48.9% | 14.54% | 24.11% | -3.38% | 26.06% | 2.95% | 18.96% | -2.4% | 17.84% | 3.93% | -0.01% | -4.76% | 18.35% | -4.39% | 4.03% | 1.14% | 8.68% | 8.16% |
| Operating CF Growth % | 32.21% | 364.73% | 73.67% | 353.33% | 19.96% | -33.17% | 43.18% | -25.45% | 211131.82% | 68.46% | -43.68% | 154.25% | -100.13% | -476.01% | 95.4% | -151.04% | -55.42% | -83.98% | -23.36% | -31.79% |
| Net Income | 49.91M | 58.14M | 27.34M | 51.96M | 29.98M | 35.42M | -42.06M | 122.59M | -24.87M | -2.88M | -223.84M | 17.81M | -141.53M | -7.74M | 6.3M | 5.49M | 4.34M | 20.82M | 1.79M | 8.49M |
| Depreciation & Amortization | 23.69M | 25.64M | 27.07M | 27.42M | 28.76M | 28.32M | 28.59M | 28.57M | 40.73M | 40.88M | 40.4M | 4.73M | 39.87M | 39.9M | 39.06M | 39.28M | 43.47M | 42M | 41.63M | 41.81M |
| Stock-Based Compensation | 13.07M | 0 | 0 | 2.75M | 9.6M | 2.68M | 6.2M | 4.23M | 4.18M | 2.39M | 2.32M | 0 | 2.83M | 3.25M | 1.39M | 5.37M | 5.37M | 4.5M | 5.41M | 3.17M |
| Deferred Taxes | 0 | 0 | 38.41M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -4.03M | 0 | 0 | 0 | -1.12M | 0 | 0 | 0 | -19.88M | 0 |
| Other Non-Cash Items | -2.91M | -2.77M | 37.23M | -5.29M | 16.95M | 20.34M | -124.23M | 8.95M | 22.12M | -16.26M | 188.78M | -26.94M | 132.47M | -17.39M | 7.08M | -9.48M | 786K | -21.02M | -23.58M | -300K |
| Working Capital Changes | 63.51M | -36.85M | 103.51M | -10M | 26.1M | -103.45M | 265.98M | -149.58M | 50.69M | -36.65M | 90.29M | 24.18M | -33.68M | -57.73M | 114.04M | -77.13M | -18.83M | -35.74M | 79.97M | 18.27M |
| Change in Receivables | 38.46M | 50.89M | 3M | 14.2M | 41.57M | 34.45M | 28.12M | -5.31M | 53.56M | 57.77M | -54.94M | -35.09M | -2.33M | 69.84M | -54.2M | -27.83M | 18.69M | 33.09M | -25.03M | -8.98M |
| Change in Inventory | -378K | 3.5M | 9.26M | 2.88M | -12.9M | -4.81M | 10.87M | -2.93M | 1.94M | -9.01M | 14.24M | 12.91M | 1.16M | -10.23M | 7.29M | -8.15M | 3.86M | -7.94M | -3.7M | -2.42M |
| Change in Payables | 18.38M | -102.5M | 109.64M | 0 | -1.05M | 0 | 0 | 0 | 0 | -83.4M | 89.08M | 10.39M | -9.79M | -103.99M | 18.58M | 0 | 0 | -38.65M | 57.78M | 0 |
| Cash from Investing | -17.43M | -9.29M | -14.57M | -36.43M | -28.56M | -45.54M | 17.29M | -38.63M | -15.87M | -11.84M | -27.4M | -34.74M | -19.28M | -41.41M | -40.66M | 43.91M | -55.55M | 28.03M | -43.56M | -43.65M |
| Capital Expenditures | -18.48M | -15.85M | -20.25M | -15.8M | -13.34M | -16.89M | -22.18M | -19.44M | -21.14M | -19.96M | -25.28M | 4.42M | -25.98M | -28.67M | -27.31M | -33.36M | -31.62M | -32.55M | -43.13M | -57.2M |
| CapEx % of Revenue | 4.09% | 3.32% | 4.24% | 3.44% | 2.89% | 3.42% | 4.3% | 3.89% | 4.32% | 3.83% | 4.8% | 0.88% | 3.35% | 3.44% | 3.01% | 4.01% | 3.63% | 3.51% | 4.38% | 6.53% |
| Acquisitions | 0 | 0 | -2.2M | 0 | 0 | -2.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.98M | 104.89M | -5.73M | 9.02M | -42.57M | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 1.58M | 2.02M | 69.32M | -3.51M | -16.71M | -35.88M | 13.37M | -23.09M | -1.78M | -1.31M | -11.18M | -41.9M | -807K | -13.54M | -31.44M | -2.6M | -6.31M | 44.54M | -1.66M | -3.77M |
| Cash from Financing | -165.44M | -16.42M | -254.83M | 6.11M | -123.43M | -85.07M | -237.43M | -7.21M | -2.37M | -58.43M | -29.21M | 36.56M | 46.89M | -79.44M | -61.9M | 30.32M | -20.65M | -145.86M | -38.52M | -92.83M |
| Debt Issued (Net) | -103.58M | 144.21M | -89.35M | 214.18M | -17.25M | -12.19M | -191.53M | -14.13M | -14.13M | -14.13M | -14.13M | 11.8M | -22.79M | -31.02M | -11.14M | -6.19M | -6.18M | -100.59M | -16.13M | -90.03M |
| Equity Issued (Net) | -16.41M | -135.65M | -126.59M | -161.5M | -75.27M | -15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13.45M | 0 | 0 |
| Dividends Paid | -13.57M | -13.32M | -14.15M | -13.3M | -12.63M | -10.98M | -9.11M | -9.06M | -8.95M | -8.83M | -8.88M | -8.8M | -8.8M | -8.72M | -8.71M | -8.7M | -8.63M | -8.69M | -8.75M | -8.72M |
| Share Repurchases | -52.8M | -135.65M | -126.59M | -161.5M | -75.27M | -15M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13.45M | 0 | 0 |
| Other Financing | -31.87M | -11.66M | -24.73M | -33.28M | -18.27M | -46.9M | -36.8M | 15.98M | 20.71M | -35.47M | -6.19M | 33.57M | 78.47M | -39.7M | -42.06M | 45.21M | -5.84M | -23.13M | -13.64M | 5.93M |
| Net Change in Cash | -36.04M | 17.99M | -36.11M | 35.82M | -38.61M | -145.94M | -91.81M | -27.25M | 74.06M | -84.96M | 43.36M | 15.99M | 29.94M | -158.22M | 73.33M | 25.95M | -51.88M | -109.91M | 3.33M | -70.32M |
| Free Cash Flow | 128.78M | 28.31M | 213.31M | 51.05M | 98.05M | -33.57M | 112.3M | -4.69M | 71.72M | -32.48M | 68.64M | 24.2M | -26.02M | -68.38M | 139.45M | -69.82M | 3.51M | -21.99M | 42.21M | 14.24M |
| FCF Margin % | 28.52% | 5.93% | 44.66% | 11.11% | 21.23% | -6.8% | 21.76% | -0.94% | 14.64% | -6.23% | 13.04% | 4.81% | -3.35% | -8.19% | 15.35% | -8.4% | 0.4% | -2.37% | 4.29% | 1.63% |
| FCF Growth % | 31.35% | 184.34% | 89.95% | 1188.04% | 36.71% | -3.34% | 63.6% | -119.39% | 375.58% | 52.5% | -50.78% | 134.66% | -840.79% | -210.92% | 230.4% | -590.3% | -90.86% | -197.33% | -51.57% | -83.03% |
| FCF per Share | 0.93 | 0.18 | 1.35 | 0.28 | 0.54 | -0.18 | 0.62 | -0.03 | 0.40 | -0.18 | 0.39 | 0.14 | -0.15 | -0.39 | 0.78 | -0.39 | 0.02 | -0.12 | 0.24 | 0.08 |
| FCF Conversion (FCF/Net Income) | 2.95x | 0.76x | 8.54x | 1.29x | 3.72x | -0.47x | -3.17x | 0.18x | -3.73x | 4.34x | -0.42x | -1.58x | 0.00x | 5.13x | 26.49x | -6.65x | 8.10x | 0.51x | 47.65x | 8.41x |
| Interest Paid | 0 | 0 | 0 | 47.94M | 22.65M | 49.27M | 25.8M | 56.55M | 0 | 0 | 29.89M | 0 | 21.7M | 53.72M | 0 | 50.24M | 15.08M | 49.43M | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 10.74M | 8.88M | 2.98M | 2.15M | 12M | 0 | 0 | 4.43M | 0 | 12.32M | 2.78M | 0 | 5.37M | 3.08M | 8.08M | 0 | 0 |