必能宝 2025年度报告

For the fiscal year ended December 31, 2025Commission file number: 1-3579 PITNEY BOWES INC. State of incorporation:DelawareI.R.S. Employer Identification No.06-0495050 Address:27 Waterview Drive,Shelton,Connecticut06484Telephone Number:(203)922-4000 Securities registered pursuant to Section 12(b) of the Act: Securities registered pursuant to Section 12(g) of the Act: None. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. YesNo Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. YesNo Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to suchfiling requirements for the past 90 days. YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Regulation S-T (section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files) YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, oran emerging growth company. See definition of"large accelerated filer,""accelerated filer,""smaller reporting company,"and "emerging growthcompany" in Rule 12b-2 of the Exchange Act. Large accelerated filerAccelerated filerNon-accelerated filerSmaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark whether the registrant has elected not to use the extended transition period for complyingwith new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internalcontrol over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm thatprepared or issued its audit report. Yes☑No Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes☐No If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included inthe filing reflect the correction of an error to previously issued financial statements. Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensationreceived by any of the registrant's executive officers during the relevant recovery period pursuant to§240.10D-1(b). 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 theclosing sale price as reported on the New York Stock Exchange. At January31, 2026, there were 149,942,698 outstanding shares of common stock,$1 par value. DOCUMENTS INCORPORATED BY REFERENCEPortions of the registrant's proxy statement to be filed within 120 days after our fiscal year end in connection with the Annual Meeting of Stockholders, are incorporated by reference in Part III of this Form 10-K. EXPLANATORY NOTE This Amendment No. 1 on Form 10-K/A ("Amendment No. 1") to the Annual Report on Form 10-K of Pitney Bowes Inc for the fiscalyear ended December 31, 2025, originally filed with the Securities and Exchange Commission on February 19, 2026 (the "OriginalFiling") is being filed solely for the purpose of correcting the office location noted on the Report of Independent Registered PublicAccountingFirm of PricewaterhouseCoopers LLP and Consent of Independent Registered Accounting Firm ofPricewaterhouseCoopers LLP, filed as an exhibit to the Original Filing. Pursuant to the rules of the SEC, the exhibit list included herewith reflects currently-dated certifications from the Company’s ChiefExecutive Officer and Chief Financial Officer, which are filed as exhibits to this Amendment No. 1. Except for the foregoing amended information, this Amendment No. 1 does not amend or update any other information contained inthe Original Filing, or reflect any events that have occurred after the filing of the Original Filing. Page NumberPART IItem 1.Business3Item 1A.Risk Factors7Item 1B.Unresolved Staff Comments12Item 1C.Cybersecurity12Item 2.Properties14Item 3.Legal Proceedings14Item 4.Mine Safety Disclosures14PART IIItem 5.Market for the Company's Common Equity, Related Stockholder Matters and Issuer Purchases of EquitySecurities15Item 6.Reserved16Item 7.Management's Discussion and Analysis of Financial Condition and Results of Oper