Pitney Bowes (PBI)

The company reports through two main segments: SendTech Solutions and Presort Services. SendTech Solutions is the larger revenue contributor and includes physical and digital mailing and shipping products, SaaS-based shipping tools, equipment, supplies, financing, support services, and related applications. These offerings help customers print postage, manage outbound parcels, track deliveries, and integrate mailing activity into broader business processes.

Presort Services focuses on high-volume mail processing. In this business, Pitney Bowes collects, sorts, and prepares large batches of First-Class Mail, Marketing Mail, flats, and bound printed matter so customers can qualify for postal work-sharing discounts. This segment is closely linked to the economics of the postal system and the continuing need for businesses to distribute statements, notices, marketing material, and other physical communications.

Pitney Bowes operates in a market shaped by the shift from letters to parcels, the growth of e-commerce, and ongoing changes in postal regulation and pricing. Its distinctive position comes from combining legacy mailing expertise, shipping technology, mail-finance capabilities, and large-scale presort infrastructure for clients that still rely on physical delivery networks.