ADDED
As of June 30, 2025, the aggregate market value of the registrant's common stock held by non-affiliates of the registrant was $ 2 billion based on the closing sale price as reported on the New York Stock Exchange.
At January 31, 2026, there were 149,942,698 outstanding shares of common stock, $1 par value.
Forward-looking statements are subject to inherent risks and uncertainties and subject to change.
or other major markets, or changes to the broader postal or shipping markets accelerated or sudden decline in physical mail or shipping volumes the loss of some of our larger clients periods of difficult economic conditions impacting the company and our clients, including inflation and rising prices, changes in interest rates and a slow-down in economic activity, including a global recession, or a prolonged U.S.
("we, us, our, or the company") is a technology-driven company that provides digital shipping solutions, mailing innovation, and financial services to clients around the world - including more than 90 percent of the Fortune 500.
We offer financing alternatives that enable clients to finance equipment.
Through our wholly owned subsidiary, The Pitney Bowes Bank ("the Bank"), we offer financing alternatives that enable clients to finance other manufacturers' equipment and product purchases, a revolving credit solution that allows clients to make meter rental payments and purchase postage, services and supplies, an interest-bearing deposit solution to clients that prefer to prepay postage and meet working capital needs.
Presort Services We are the largest workshare partner of the United States Postal Service ("USPS") and national outsource provider of mail sortation services that allow clients to qualify volumes of First-Class Mail, First Class Flats, Marketing Mail and Marketing Mail Flats/Bound Printed Matter for postal workshare discounts.
Using our proprietary technology, we provide clients with end-to-end solutions from pick up to delivery into the postal system network, improving mail delivery and enhancing total mail value including optimizing postage savings.
Other Other represents amounts of the prior Global Ecommerce segment that did not qualify for discontinued operations treatment, primarily related to operations that were dissolved or sold and certain shared services functions.
REMOVED
As of June 30, 2024, the aggregate market value of the registrant's common stock held by non-affiliates of the registrant was $ 910 million based on the closing sale price as reported on the New York Stock Exchange.
At January 31, 2025, there were 182,786,974 outstanding shares of common stock, $1 par value.
While we believe that the expectations reflected in our forward-looking statements are reasonable, forward-looking statements are subject to inherent risks and uncertainties and subject to change.
(we, us, our, or the company) is a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the world - including more than 90 percent of the Fortune 500.
Segment Updates The Company has gone through a strategic transformation over the last year.
The resulting changes to our business segments is discussed in "Recent Developments" in Part I, Item 7 "Management's Discussion and Analysis of Financial Condition and Results of Operations." Business Segments Sending Technology Solutions (SendTech Solutions) SendTech Solutions provides clients with physical and digital shipping and mailing technology solutions and other applications to help simplify and save on the sending, tracking and receiving of letters, parcels and flats, as well as supplies and maintenance services for these offerings.
We offer financing alternatives that enable clients to finance equipment and product purchases, a revolving credit solution that enables clients to make meter rental payments and purchase postage, services and supplies, and an interest-bearing deposit solution to clients who prefer to prepay postage.
We also offer financing alternatives that enable clients to finance or lease other manufacturers equipment and provide working capital.
Through our wholly owned subsidiary, The Pitney Bowes Bank (the Bank), we offer clients located in the United States a revolving credit solution for the purchase of postage, services and supplies and an interest-bearing deposit solution to clients who prepay postage.
Additionally, we offer financing alternatives that enable clients to finance or lease other manufacturers equipment and provide working capital.