v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents (includes $14,982 and $38,851, respectively, reported at fair value) $ 266,833 $ 284,887
Short-term investments (includes $1,724 and $1,715, respectively, reported at fair value) 11,920 12,232
Accounts and other receivables (net of allowance of $6,136 and $7,507, respectively) 147,898 168,099
Short-term finance receivables (net of allowance of $10,322 and $14,206, respectively) 468,702 496,446
Inventories 62,880 66,241
Current income taxes 2,419 3,143
Other current assets and prepayments (net of allowance of $10,466 in both 2026 and 2025) 79,223 69,451
Total current assets 1,039,875 1,100,499
Property, plant and equipment, net 175,555 185,913
Rental property and equipment, net 22,526 24,054
Long-term finance receivables (net of allowance of $6,524 and $4,370 respectively) 550,602 605,129
Goodwill 740,417 746,687
Intangible assets, net 12,949 14,741
Operating lease assets 103,268 106,996
Noncurrent income taxes 89,953 95,412
Other assets (includes $181,188 and $185,111, respectively, reported at fair value) 284,440 289,520
Total assets 3,019,585 3,168,951
Current liabilities:    
Accounts payable and accrued liabilities 743,248 845,378
Customer deposits at Pitney Bowes Bank 546,503 582,630
Current operating lease liabilities 29,935 28,396
Current portion of long-term debt 23,138 17,150
Advance billings 71,689 69,075
Current income taxes 3,122 5,210
Total current liabilities 1,417,635 1,547,839
Long-term debt 2,010,756 1,975,888
Deferred taxes on income 97,581 72,665
Tax uncertainties and other income tax liabilities 161 278
Noncurrent operating lease liabilities 93,825 99,757
Noncurrent customer deposits at Pitney Bowes Bank 71,000 71,000
Other noncurrent liabilities 191,906 203,884
Total liabilities 3,882,864 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 2,698,586 2,655,703
Accumulated other comprehensive loss (790,426) (789,132)
Treasury stock, at cost (133,283 and 119,634 shares, respectively) (3,041,777) (2,939,269)
Total stockholders’ deficit (863,279) (802,360)
Total liabilities and stockholders’ deficit $ 3,019,585 $ 3,168,951