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PITNEY BOWES IN   FYE=12 (December)

Annual - Income Statement - Company Specific

Fiscal period2025202420232022202120202019201820172016
Period End Date12/31/202512/31/202412/31/202312/31/202212/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue: Services1,206.03------------------
Software--------------340.86352.60348.66
Sales--------------------
Rentals--65.2567.9066.2674.0174.2880.66363.06386.35412.74
Financing321.89269.89271.20274.51294.42341.03368.09314.78331.42366.55
Support services--374.57410.73438.19460.89473.29506.19293.41478.54512.82
Business services--886.042,045.072,249.942,334.672,191.311,710.801,561.521,068.43827.68
Capital Services--------------------
Core financing--------------------
Non-core financing--------------------
Rentals and financing--------------------
Sales and management services--------------------
Supplies--143.25147.71154.19159.44159.28187.29218.30252.82262.68
Equipment sales--287.60323.74354.96350.14314.88352.10430.45679.80675.45
Revenue: Products364.71------------------
Total Revenues1,892.632,026.603,266.353,538.043,673.563,554.083,205.133,522.383,549.953,406.58
Cost of sales--------------------
Cost of Services594.90------------------
Cost of Products212.37------------------
Cost of rentals--17.4619.6125.1124.4325.6031.5386.3384.2776.04
Cost of support services--123.51137.68148.83149.71149.99162.30168.27288.98295.69
Cost of business services--515.531,756.621,934.212,034.481,904.081,389.571,246.08773.05568.51
Cost of Capital Services--------------------
Cost of core financing--------------------
Cost of non-core financing--------------------
Cost of meter transition - impairment--------------------
Cost of meter transition - additional depreciation--------------------
Cost of rentals and financing--------------------
Cost of sales and management services--------------------
Cost of supplies--40.5943.3543.7843.9841.6849.8860.9682.9981.42
Cost of software--------------100.68101.97105.84
Cost of equipment sales--203.61223.76253.84251.91236.72244.21181.77340.75331.94
Financing interest expense--63.6063.2851.7947.0648.1644.6548.8650.6755.24
Cost of financing and other61.50------------------
Gross Profit--1,062.301,022.06--1,122.001,147.85--------
Goodwill impairment--0.00339.18--0.00198.17--0.000.00171.09
Research and development15.2831.9641.4143.6646.7838.3851.26125.59129.77121.31
Selling, general and administrative621.57717.89897.26905.57924.16963.321,003.991,123.121,237.741,200.33
Restructuring58.6676.9261.5918.7219.0020.71--------
Total Operating Expenses--2,078.933,672.85----3,739.013,177.983,310.02----
Interest expense101.46110.09100.4589.9896.89105.75110.91110.90113.5088.97
Restructuring charges------------69.6127.0859.4363.30
Interest income--------------------
Other income (expense)(26.83)(88.72)3.0621.62(41.57)(8.15)(24.31)(7.96)(3.86)(0.54)
Other components of net pension and postretirement cost(7.54)(89.04)8.26(4.31)(1.01)1.714.23(22.43)----
Income (loss) before income taxes192.52(52.33)(406.50)39.88(7.42)(184.93)27.14212.36282.99246.37
Provision (benefit) for income taxes47.83(154.83)(20.88)2.94(10.92)6.73(13.01)12.3821.65131.82
U.S. federal: Current(9.44)2.5413.720.22(7.42)(10.58)(18.79)(50.33)46.8495.60
U.S. federal: Deferred28.05(138.44)(44.50)(12.28)(13.83)6.2111.5856.72(48.45)(1.56)
U.S. state and local: Current2.911.385.64(9.72)5.40(2.57)(9.14)(10.49)0.469.41
U.S. state and local: Deferred7.37(41.42)(12.19)7.14(5.83)4.028.04(0.91)15.464.76
Outside the U.S.: Current15.9514.9710.588.7510.984.999.9916.22(1.77)22.87
Outside the U.S.: Deferred2.996.155.888.84(0.23)4.66(14.69)1.189.110.74
Minority interest--------------------
Income (loss) from Continuing Operations144.70102.50(385.63)36.943.51(191.66)40.15199.98261.34114.55
Income from discontinued operations--(306.10)0.00--(4.86)10.12154.4623.690.00(2.70)
Gain on disposal of discontinued operations, net of income tax--------------------
Consolidated Net Income (Loss)144.70(203.60)(385.63)36.94(1.35)(181.54)194.61223.67261.34111.85
Preferred stock dividends of subsidiaries attributable to noncontrolling interests--------------------
Net Income (Loss) Attributable to Parent Company----------(181.54)194.61223.67----
Less: Preference stock dividend------------0.010.030.0019.05
Net income attributable to common shareholders144.70(203.60)(385.63)36.94(1.35)(181.54)194.60223.63261.3492.81
Earnings Per Share (Basic) - Cont Ops0.840.57(2.20)0.210.02(1.12)0.231.071.400.51
EPS (Basic) : Disc Ops--(1.71)0.00--(0.03)0.060.880.130.00(0.01)
Net Earnings Per Share (Basic)0.84(1.13)(2.20)0.21(0.01)(1.06)1.101.191.400.49
Earnings Per Share (Diluted) - Cont Ops0.840.57(2.20)0.210.02(1.12)0.231.061.390.51
Earnings Per Share (Diluted) - Disc Ops--(1.71)0.00--(0.03)0.060.870.130.00(0.01)
Net Earnings Per Share (Diluted)0.84(1.13)(2.20)0.21(0.01)(1.06)1.101.191.390.49
Weighted Average Shares Outstanding (Basic)171.61179.51175.64173.91173.91171.52176.25187.28186.33187.95
Weighted Average Shares Outstanding (Diluted)173.04182.53175.64177.25179.11171.52177.45188.38187.44188.98