v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents (includes $86,519 and $38,851, respectively, reported at fair value) $ 302,876 $ 284,887
Short-term investments (includes $1,717 and $1,715, respectively, reported at fair value) 11,142 12,232
Accounts and other receivables (net of allowance of $7,565 and $7,507, respectively) 158,587 168,099
Short-term finance receivables (net of allowance of $11,024 and $14,206, respectively) 481,566 496,446
Inventories 62,611 66,241
Current income taxes 2,684 3,143
Other current assets and prepayments (net of allowance of $10,466 in both 2026 and 2025) 109,884 69,451
Total current assets 1,129,350 1,100,499
Property, plant and equipment, net 180,344 185,913
Rental property and equipment, net 23,307 24,054
Long-term finance receivables (net of allowance of $7,336 and $4,370 respectively) 571,147 605,129
Goodwill 742,882 746,687
Intangible assets, net 13,845 14,741
Operating lease assets 108,408 106,996
Noncurrent income taxes 92,868 95,412
Other assets (includes $181,833 and $185,111, respectively, reported at fair value) 285,157 289,520
Total assets 3,147,308 3,168,951
Current liabilities:    
Accounts payable and accrued liabilities 766,989 845,378
Customer deposits at Pitney Bowes Bank 574,302 582,630
Current operating lease liabilities 29,306 28,396
Current portion of long-term debt 363,952 17,150
Advance billings 72,531 69,075
Current income taxes 11,409 5,210
Total current liabilities 1,818,489 1,547,839
Long-term debt 1,774,240 1,975,888
Deferred taxes on income 81,762 72,665
Tax uncertainties and other income tax liabilities 161 278
Noncurrent operating lease liabilities 100,727 99,757
Noncurrent customer deposits at Pitney Bowes Bank 71,000 71,000
Other noncurrent liabilities 194,501 203,884
Total liabilities 4,040,880 3,971,311
Commitments and contingencies (See Note 13)
Stockholders’ deficit:    
Common stock, $1 par value (480,000 shares authorized; 270,338 shares issued) 270,338 270,338
Retained earnings 2,689,224 2,655,703
Accumulated other comprehensive loss (792,299) (789,132)
Treasury stock, at cost (131,916 and 119,634 shares, respectively) (3,060,835) (2,939,269)
Total stockholders’ deficit (893,572) (802,360)
Total liabilities and stockholders’ deficit $ 3,147,308 $ 3,168,951