v3.26.1
Revenue (Tables)
 6 Months Ended
Jun. 30, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue
The following tables disaggregate our revenue by source and timing of recognition:
Three Months Ended June 30, 2026
SendTech SolutionsPresort Services
Revenue from services and products
Revenue from leasing transactions and financingTotal consolidated revenue
Major service/product lines
Services$141,949 $142,568 $284,517 $— $284,517 
Products49,240 — 49,240 38,283 87,523 
Financing and other— — — 79,458 79,458 
Subtotal191,189 142,568 333,757 $117,741 $451,498 
Revenue from leasing transactions and financing117,741 — 117,741 
     Total revenue$308,930 $142,568 $451,498 
Timing of revenue recognition from services and products
Services/products transferred at a point in time
$62,630 $— $62,630 
Services/products transferred over time
128,559 142,568 271,127 
      Total$191,189 $142,568 $333,757 


Three Months Ended June 30, 2025
SendTech SolutionsPresort Services
Revenue from services and products
Revenue from leasing transactions and financingTotal consolidated revenue
Major service/product lines
Services$140,230 $150,193 $290,423 $— $290,423 
Products54,149 — 54,149 36,731 90,880 
Financing and other— — — 80,606 80,606 
Subtotal194,379 150,193 344,572 $117,337 $461,909 
Revenue from leasing transactions and financing117,337 — 117,337 
     Total revenue$311,716 $150,193 $461,909 
Timing of revenue recognition from services and products
Services/products transferred at a point in time
$69,650 $— $69,650 
Services/products transferred over time
124,729 150,193 274,922 
      Total$194,379 $150,193 $344,572 
Six Months Ended June 30, 2026
SendTech SolutionsPresort Services
Revenue from services and products
Revenue from leasing transactions and financingTotal consolidated revenue
Major service/product lines
Services$285,053 $306,034 $591,087 $— $591,087 
Products101,812 — 101,812 74,361 176,173 
Financing and other— — — 161,651 161,651 
Subtotal386,865 306,034 692,899 $236,012 $928,911 
Revenue from leasing transactions and financing236,012 — 236,012 
     Total revenue$622,877 $306,034 $928,911 
Timing of revenue recognition from services and products
Services/products transferred at a point in time
$128,177 $— $128,177 
Services/products transferred over time
258,688 306,034 564,722 
      Total$386,865 $306,034 $692,899 


Six Months Ended June 30, 2025
SendTech SolutionsPresort ServicesRevenue from products and servicesRevenue from leasing transactions and financingTotal consolidated revenue
Major service/product lines
Services$280,848 $328,007 $608,855 $— $608,855 
Products107,401 — 107,401 76,669 184,070 
Financing and other— — — 162,404 162,404 
Subtotal388,249 328,007 716,256 $239,073 $955,329 
Revenue from leasing transactions and financing239,073 — 239,073 
     Total revenue$627,322 $328,007 $955,329 
Timing of revenue recognition from services and products
Services/products transferred at a point in time
$136,053 $— $136,053 
Services/products transferred over time
252,196 328,007 580,203 
      Total$388,249 $328,007 $716,256 
Schedule of Advance Billings
Advance Billings
Balance sheet locationJune 30, 2026December 31, 2025Increase/ (decrease)
Advance billings, currentAdvance billings$60,539 $63,528 $(2,989)
Advance billings, noncurrent Other noncurrent liabilities$85 $102 $(17)
Schedule of Future Performance Obligations The transaction prices allocated to future performance obligations will be recognized as follows:
Remainder of 202620272028-2031Total
SendTech Solutions$153,586 $207,173 $275,780 $636,539