Pitney Bowes Fourth Quarter Earnings February 17, 2026 Forward-Looking Statements and Financial Presentation This document contains "forward-looking statements" about the Company's expected or potential future business and financial performance, including, but not limited to, statements about future revenue and profitability, earnings guidance, future events or conditions, capital allocation strategy, expected cost savings and efficiency improvements, and strategic initiatives and priorities. Forward-lookin ...

Financial Performance - Q3 2025 - Revenue decreased by 8% year-over-year to $460 million[10] - GAAP EPS improved by $1.06 year-over-year to $0.30[10] - Adjusted EPS improved by $0.10 year-over-year to $0.31[10] - Adjusted EBIT increased by $5 million year-over-year to $107 million[10] Segment Performance - Q3 2025 - SendTech Solutions revenue decreased by 6% to $311 million[15] - Presort Services revenue decreased by 11% to $149 million[18] - Presort Services Adjusted Segment EBIT decreased by 29% to $33 million[18] Guidance - The company expects to achieve near the low-end of the previously disclosed guidance range for Revenue ($1.9 billion to $1.95 billion), Adjusted EBIT ($450 million to $465 million), and Free Cash Flow ($330 million to $370 million)[21, 22] - The company expects to achieve near the midpoint of its previously disclosed guidance range for Adjusted EPS ($1.20 to $1.40)[21, 22]

Financial Performance Overview - Revenue was $493 million, a 5% year-over-year decrease [11] - GAAP EPS improved by $0.21 year-over-year to $0.19 [11] - Adjusted EPS increased by $0.14, or 74%, year-over-year to $0.33 [11] - Adjusted EBIT increased by $26 million, or 28%, year-over-year to $120 million [11] Segment Performance - SendTech Solutions revenue decreased by 9% to $298 million [14] - Presort Services revenue increased by 5% to $178 million [20] - SendTech Solutions Adjusted Segment EBITDA increased by 2% to $106 million [14] - Presort Services Adjusted Segment EBITDA increased by 30% to $64 million [20] Strategic Initiatives - The company eliminated $34 million in annualized costs during the first quarter, bringing the run-rate to $157 million in net annualized savings [28] - The company repurchased $15 million of shares in Q1 and an additional $12 million through May 2, 2025 [25] - The company repurchased $23 million of debt in Q1 and an additional $14 million through May 2, 2025 [25]