Company / R&D Expense
Pitney Bowes, Inc. R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$15.3M
FY2025
5-year range
$15.3M / $46.8M
FY2021-FY2025
Trend
-52.2%
vs FY2024
Sector context
#150 of 174
Industrials
What the data says
Pitney Bowes, Inc.'s r&d expense of $15M is lower than 86% of companies in the Industrials sector (FY2025). R&D Expense has fluctuated over the past 10 years, ranging from $15M in FY2025 to $107M in FY2018.
Based on SEC 10-K filings.
$15M in FY2025 with a 5-year CAGR of -23.6%.
Declined from $29M to $15M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -26.4%
- 5-Year CAGR
- -23.6%
- 10-Year CAGR
- -
Sector benchmark
Bottom 14% in IndustrialsTop 86% of 174This company $15.3M Sector average $273.7M
▼
-94.4% below sector average
Key checks
Key Insights
- 5-year CAGR of -23.6%, indicating a declining trend.
- In FY2025, r&d expense decreased 52.2% year-over-year.
- Ranks #150 out of 174 companies in the Industrials sector.
- Peak r&d expense was recorded in FY2018.
Company context
Key Data Points
- Altman Z-Score 1.12 (distress zone, below 1.8 threshold)
- Negative profit margin: -10.1%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $15.3M | -52.2% |
| FY2024 | $32.0M | +8.4% |
| FY2023 | $29.5M | -23.2% |
| FY2022 | $38.4M | -17.9% |
| FY2021 | $46.8M | -20.1% |
| FY2020 | $58.5M | +14.2% |
| FY2019 | $51.3M | -52.3% |
| FY2018 | $107.4M | +76.4% |
| FY2017 | $60.9M | -43.3% |
| FY2016 | $107.4M | -2.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026