Pitney Bowes

Q2 FY2026 EarningsFY26 Q2 results exceeded consensus across key top and bottom-line metrics: revenue of $451.5M beat the $443.5M expectation, while GAAP diluted EPS of $0.36 surpassed the $0.31 consensus by 16.1%. Although consolidated gross margin of 53.7% missed the 56.6% target due to fuel and transportation headwinds in Presort Services, aggressive cost-cutting drove a 25% YoY reduction in SG&A, fueling an EBIT beat of 10.1%. Management slightly optimized its FY26 Adjusted EBIT outlook to low-single digit growth despite ongoing secular declines in mailing volumes.