Pitney Bowes Inc (PBI.PB) stock
PBI.PBNYSEOffice Machines, NECFiscal year ends December 31Also trades as PBI
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 29, 2026Score 13/3033% below fair value
$20.48+0.12 (+0.59%)
Close on Nov 2, 2026Market cap $2.81BP/E 15.9Yield 1.46%
Pitney Bowes r&d expenses
Research and development expenses are spending on new products and technology.
Pitney Bowes's R&D Expenses for the twelve months ending Sep 30, 2026 was $14.07M, down 33.9% year over year. For fiscal 2025 it was $15.28M, down 52.2% from the year before. Over ten years it grew -17.9% a year on average. The highest annual figure on record is $205.62M in fiscal 2008.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $15.28M | -52.2% |
| FY2024 | Dec 31, 2024 | $31.96M | +8.4% |
| FY2023 | Dec 31, 2023 | $29.49M | -16.9% |
| FY2022 | Dec 31, 2022 | $35.46M | -24.2% |
| FY2021 | Dec 31, 2021 | $46.78M | +21.9% |
| FY2020 | Dec 31, 2020 | $38.38M | -25.1% |
| FY2019 | Dec 31, 2019 | $51.26M | -12.4% |
| FY2018 | Dec 31, 2018 | $58.52M | -3.8% |
| FY2017 | Dec 31, 2017 | $60.86M | -43.3% |
| FY2016 | Dec 31, 2016 | $107.38M | -2.5% |
| FY2015 | Dec 31, 2015 | $110.16M | +0.2% |
| FY2014 | Dec 31, 2014 | $109.93M | -0.4% |
| FY2013 | Dec 31, 2013 | $110.41M | -3.4% |
| FY2012 | Dec 31, 2012 | $114.25M | -11.5% |
| FY2011 | Dec 31, 2011 | $129.16M | -17.4% |
| FY2010 | Dec 31, 2010 | $156.37M | -14.2% |
| FY2009 | Dec 31, 2009 | $182.19M | -11.4% |
| FY2008 | Dec 31, 2008 | $205.62M | +10.7% |
| FY2007 | Dec 31, 2007 | $185.67M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $3.38M | -0.8% |
| Q2 FY2026 | Jun 30, 2026 | $3.38M | -6.1% |
| Q1 FY2026 | Mar 31, 2026 | $3.79M | -20.3% |
| Q4 FY2025 | Dec 31, 2025 | $3.51M | -63.1% |
| Q3 FY2025 | Sep 30, 2025 | $3.41M | -55.0% |
| Q2 FY2025 | Jun 30, 2025 | $3.60M | -50.4% |
| Q1 FY2025 | Mar 31, 2025 | $4.76M | -37.5% |
| Q4 FY2024 | Dec 31, 2024 | $9.49M | +17.1% |
| Q3 FY2024 | Sep 30, 2024 | $7.58M | -1.7% |
| Q2 FY2024 | Jun 30, 2024 | $7.26M | -29.3% |
| Q1 FY2024 | Mar 31, 2024 | $7.63M | -27.3% |
| Q4 FY2023 | Dec 31, 2023 | $8.11M | +164.6% |
| Q3 FY2023 | Sep 30, 2023 | $7.72M | -21.4% |
| Q2 FY2023 | Jun 30, 2023 | $10.27M | -8.7% |
| Q1 FY2023 | Mar 31, 2023 | $10.49M | -7.4% |
| Q4 FY2022 | Dec 31, 2022 | $3.06M | -77.8% |
| Q3 FY2022 | Sep 30, 2022 | $9.81M | -7.6% |
| Q2 FY2022 | Jun 30, 2022 | $11.25M | +1.8% |
| Q1 FY2022 | Mar 31, 2022 | $11.33M | +0.2% |
| Q4 FY2021 | Dec 31, 2021 | $13.78M | +44.4% |
| Q3 FY2021 | Sep 30, 2021 | $10.62M | +14.8% |
| Q2 FY2021 | Jun 30, 2021 | $11.06M | +48.1% |
| Q1 FY2021 | Mar 31, 2021 | $11.32M | -6.6% |
| Q4 FY2020 | Dec 31, 2020 | $9.55M | -25.6% |
| Q3 FY2020 | Sep 30, 2020 | $9.26M | -24.6% |
| Q2 FY2020 | Jun 30, 2020 | $7.47M | -45.0% |
| Q1 FY2020 | Mar 31, 2020 | $12.12M | -3.7% |
| Q4 FY2019 | Dec 31, 2019 | $12.84M | -7.5% |
| Q3 FY2019 | Sep 30, 2019 | $12.27M | -21.5% |
| Q2 FY2019 | Jun 30, 2019 | $13.57M | -42.4% |
| Q1 FY2019 | Mar 31, 2019 | $12.58M | -48.7% |
| Q4 FY2018 | Dec 31, 2018 | $13.87M | -53.9% |
| Q3 FY2018 | Sep 30, 2018 | $15.64M | -46.7% |
| Q2 FY2018 | Jun 30, 2018 | $23.57M | -22.3% |
| Q1 FY2018 | Mar 31, 2018 | $24.50M | -23.1% |
| Q4 FY2017 | Dec 31, 2017 | $30.11M | +70.9% |
| Q3 FY2017 | Sep 30, 2017 | $29.32M | – |
| Q2 FY2017 | Jun 30, 2017 | $30.33M | – |
| Q1 FY2017 | Mar 31, 2017 | $31.86M | – |
| Q4 FY2016 | Dec 31, 2016 | $17.62M | – |