PITNEY BOWES INC (PBI) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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PITNEY BOWES INC cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $108,046,000.00Finance receivables → Operating adjustments reconciliation: $71,746,000.00Depreciation and amortization → Operating adjustments reconciliation: $49,328,000.00Current and noncurrent income taxes → Operating adjustments reconciliation: $23,654,000.00Accounts and other receivables → Operating adjustments reconciliation: $17,602,000.00Stock-based compensation → Operating adjustments reconciliation: $13,072,000.00Other, net → Operating adjustments reconciliation: $9,818,000.00Restructuring charges → Operating adjustments reconciliation: $8,449,000.00Loss on disposal of assets → Operating adjustments reconciliation: $6,750,000.00Allowance for credit losses → Operating adjustments reconciliation: $4,529,000.00Amortization of debt fees → Operating adjustments reconciliation: $3,977,000.00Advance billings → Operating adjustments reconciliation: $3,266,000.00Inventories → Operating adjustments reconciliation: $3,124,000.00Loss on debt redemption/refinancing → Operating adjustments reconciliation: $1,116,000.00Operating adjustments reconciliation → Net cash from operating activities: $89,026,000.00Operating adjustments reconciliation → Accounts payable and accrued liabilities: $84,114,000.00Operating adjustments reconciliation → Restructuring payments: $28,898,000.00Operating adjustments reconciliation → Other current assets and prepayments: $8,622,000.00Operating adjustments reconciliation → (Gain) loss on revaluation of intercompany loans: $5,771,000.00Proceeds from sales/maturities of investment securities → investing reconciliation: $11,060,000.00Net investment in loan receivables → investing reconciliation: $3,362,000.00Other investing activities, net → investing reconciliation: $233,000.00investing reconciliation → Capital expenditures: $34,331,000.00investing reconciliation → Purchases of investment securities: $7,041,000.00Net cash used in financing activities → financing reconciliation: $187,507,000.00Proceeds from the issuance of debt → financing reconciliation: $300,000,000.00Borrowings under revolving credit facility → financing reconciliation: $96,700,000.00Proceeds from stock option exercise → financing reconciliation: $36,384,000.00financing reconciliation → Principal payments of debt: $356,073,000.00financing reconciliation → Common stock repurchases: $188,446,000.00financing reconciliation → Customer deposits at Pitney Bowes Bank: $36,127,000.00financing reconciliation → Dividends paid to stockholders: $26,891,000.00financing reconciliation → Other financing activities, net: $7,403,000.00financing reconciliation → Premiums and fees paid to redeem/refinance debt: $5,651,000.00Net cash used in investing activities → investing reconciliation: $26,717,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations → Cash sources and uses: $284,887,000.00Net cash from operating activities → Cash sources and uses: $197,072,000.00Cash sources and uses → Exchange-rate effect: $902,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $266,833,000.00Cash sources and uses → Net cash used in investing activities: $26,717,000.00Cash sources and uses → Net cash used in financing activities: $187,507,000.00Net income: $108,046,000.00Net income+$108.05 MDepreciation and amortization: $49,328,000.00Depreciation & amortization+$49.33 MAllowance for credit losses: $4,529,000.00Allowance for credit losses+$4.53 MChange in allowance for DIP Facility: $0.00Stock-based compensation: $13,072,000.00Stock-based compensation+$13.07 MAmortization of debt fees: $3,977,000.00Debt & loan fee amortization+$3.98 MLoss on debt redemption/refinancing: $1,116,000.00Debt extinguishment gain & loss+$1.12 MRestructuring charges: $8,449,000.00Restructuring charges+$8.45 MRestructuring payments: -$28,898,000.00Restructuring payments−$28.90 MLoss on disposal of assets: $6,750,000.00Other asset gain & loss+$6.75 M(Gain) loss on revaluation of intercompany loans: -$5,771,000.00Intercompany loan revaluation−$5.77 MOther, net: $9,818,000.00Other, net+$9.82 MAccounts and other receivables: $17,602,000.00Accounts receivable+$17.60 MFinance receivables: $71,746,000.00Finance receivables, net+$71.75 MInventories: $3,124,000.00Inventories+$3.12 MOther current assets and prepayments: -$8,622,000.00Prepaid & other assets−$8.62 MAccounts payable and accrued liabilities: -$84,114,000.00Accounts payable−$84.11 MCurrent and noncurrent income taxes: $23,654,000.00Income taxes payable+$23.65 MAdvance billings: $3,266,000.00Deferred revenue+$3.27 MNet cash from operating activities: $197,072,000.00Operating cash+$197.07 MOperating adjustments reconciliation: $216,431,000.00Borrowings under revolving credit facility: $96,700,000.00Credit line borrowings+$96.70 MProceeds from the issuance of debt: $300,000,000.00Long-term debt issued+$300.00 MPrincipal payments of debt: -$356,073,000.00Other long-term debt repaid−$356.07 MPremiums and fees paid to redeem/refinance debt: -$5,651,000.00Early senior debt repaid−$5.65 MDividends paid to stockholders: -$26,891,000.00Common dividends paid−$26.89 MCustomer deposits at Pitney Bowes Bank: -$36,127,000.00Bank customer deposits−$36.13 MProceeds from stock option exercise: $36,384,000.00Stock option exercises+$36.38 MCommon stock repurchases: -$188,446,000.00Equity repurchases−$188.45 MOther financing activities, net: -$7,403,000.00Other financing, net−$7.40 MNet cash used in financing activities: -$187,507,000.00. Cash required to fund net payments.Financing cash−$187.51 Mfinancing reconciliation: $620,591,000.00Capital expenditures: -$34,331,000.00PP&E purchases−$34.33 MPurchases of investment securities: -$7,041,000.00Marketable securities purchases−$7.04 MProceeds from sales/maturities of investment securities: $11,060,000.00AFS securities proceeds+$11.06 MNet investment in loan receivables: $3,362,000.00Short-term investments, net+$3.36 MDIP Facility reimbursement: $0.00Acquisition: $0.00Other investing activities, net: $233,000.00Other investing, net+$233.00 KNet cash used in investing activities: -$26,717,000.00. Cash required to fund net payments.Investing cash−$26.72 Minvesting reconciliation: $41,372,000.00Cash sources and uses: $481,959,000.00Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $284,887,000.00Beginning cash$284.89 MEnding cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations: $266,833,000.00Ending cash$266.83 MExchange-rate effect: -$902,000.00FX effect−$902.00 KCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$162.74 MOperating cash − cash spent on PP&ECash flow / Net income1.82×Operating cash flow ÷ net incomeNet cash change−$18.05 MEnding cash − beginning cash
Chart details

PITNEY BOWES INC cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
284,887,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Operating activities
197,072,000 US dollars. Net cash provided.
Net income
108,046,000 US dollars
Depreciation and amortization
49,328,000 US dollars
Allowance for credit losses
4,529,000 US dollars
Change in allowance for DIP Facility
0 US dollars
Stock-based compensation
13,072,000 US dollars
Amortization of debt fees
3,977,000 US dollars
Loss on debt redemption/refinancing
1,116,000 US dollars
Restructuring charges
8,449,000 US dollars
Restructuring payments
negative 28,898,000 US dollars
Loss on disposal of assets
6,750,000 US dollars
(Gain) loss on revaluation of intercompany loans
negative 5,771,000 US dollars
Other, net
9,818,000 US dollars
Accounts and other receivables
17,602,000 US dollars
Finance receivables
71,746,000 US dollars
Inventories
3,124,000 US dollars
Other current assets and prepayments
negative 8,622,000 US dollars
Accounts payable and accrued liabilities
negative 84,114,000 US dollars
Current and noncurrent income taxes
23,654,000 US dollars
Advance billings
3,266,000 US dollars
Investing activities
negative 26,717,000 US dollars. Net cash used.
Capital expenditures
negative 34,331,000 US dollars
Purchases of investment securities
negative 7,041,000 US dollars
Proceeds from sales/maturities of investment securities
11,060,000 US dollars
Net investment in loan receivables
3,362,000 US dollars
DIP Facility reimbursement
0 US dollars
Acquisition
0 US dollars
Other investing activities, net
233,000 US dollars
Financing activities
negative 187,507,000 US dollars. Net cash used.
Borrowings under revolving credit facility
96,700,000 US dollars
Proceeds from the issuance of debt
300,000,000 US dollars
Principal payments of debt
negative 356,073,000 US dollars
Premiums and fees paid to redeem/refinance debt
negative 5,651,000 US dollars
Dividends paid to stockholders
negative 26,891,000 US dollars
Customer deposits at Pitney Bowes Bank
negative 36,127,000 US dollars
Proceeds from stock option exercise
36,384,000 US dollars
Common stock repurchases
negative 188,446,000 US dollars
Other financing activities, net
negative 7,403,000 US dollars
Operating adjustment reconciliation
216,431,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
620,591,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
41,372,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 902,000 US dollars
Ending cash on Jun 30, 2026
266,833,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash, including disposal groups and discontinued operations
Cash sources and uses
481,959,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 18,054,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.82×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
197,072,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
34,331,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
162,741,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $89.03M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 197,072,000 US dollars minus 34,331,000 US dollars equals 162,741,000 US dollars.
PITNEY BOWES INC (PBI) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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