# Pitney Bowes Sees $60 Million to $80 Million SendTech Headwind in 2027

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/43811
Published: 2026-10-29T19:32:42.000Z
Updated: 2026-10-29T19:32:42.000Z
Section: Business

> The contract loss is expected to pressure margins through stranded costs as the company targets profitable revenue growth by the end of 2028.

Pitney Bowes expects the loss of a noncore contract to leave its SendTech business with about $60 million to $80 million in lost revenue in 2027. Costs left behind after the contract ends are expected to weigh on margins.

The company expects SendTech to grow in 2027 without the contract loss. Pitney Bowes is also aiming for profitable revenue growth by the end of 2028.

Pitney Bowes' third-quarter results improved year over year in earnings per share, adjusted EBIT and adjusted free cash flow, despite higher investment in growth. The company raised the midpoint of its revenue guidance range and the midpoint of its adjusted free cash flow range.

Pitney Bowes expects free cash flow in 2027 may be lower than in 2026.