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Segment Information (Tables)
12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Schedule of Reconciliation of Revenue from Segments to Consolidated Statements The following tables provide information about our reportable segments and a reconciliation of adjusted segment EBIT to income or loss from continuing operations before income taxes.
Revenue
Years Ended December 31,
202520242023
SendTech Solutions
$1,256,001 $1,354,032 $1,405,864 
Presort Services636,628 662,587 617,599 
Total segment revenue
1,892,629 2,016,619 2,023,463 
Other operations
 9,979 55,462 
Total revenue$1,892,629 $2,026,598 $2,078,925 
Geographic data:
United States$1,594,983 $1,700,864 $1,712,079 
Outside United States297,646 325,734 366,846 
Total revenue$1,892,629 $2,026,598 $2,078,925 
Years Ended December 31,
202520242023
SendTech Solutions
Revenue$1,256,001 $1,354,032 $1,405,864 
Less:
Cost of revenue422,316 479,772 517,742 
Operating expenses
421,496 489,509 512,740 
Adjusted segment EBIT$412,189 $384,751 $375,382 
Presort Services
Revenue$636,628 $662,587 $617,599 
Less:
Cost of revenue
398,771 417,741 432,229 
Operating expenses
72,580 79,062 74,458 
Adjusted segment EBIT$165,277 $165,784 $110,912 
Schedule of Reconciliation of EBIT from Segments to Consolidated Statements
Adjusted Segment EBIT
Years Ended December 31,
202520242023
SendTech Solutions
$412,189 $384,751 $375,382 
Presort Services
165,277 165,784 110,912 
Total adjusted segment EBIT577,466 550,535 486,294 
Reconciling items:  
Other operations
 (12,821)(2,625)
Interest expense, net
(149,156)(173,694)(162,050)
Corporate expenses
(116,173)(152,503)(175,951)
Restructuring charges
(58,392)(76,915)(52,412)
Pension settlement
 (91,339)— 
Impairment charges
(268)(10,000)(123,574)
(Loss) gain on debt redemption/refinancing
(14,072)(10,892)3,064 
Proxy solicitation fees
 — (10,905)
Foreign currency (loss) gain on intercompany loans(21,944)10,243 (5,761)
Charges in connection with Ecommerce Restructuring
(12,758)(67,831)— 
Transaction and Strategic review costs(12,179)(17,110)— 
Income (loss) from continuing operations before income taxes$192,524 $(52,327)$(43,920)
Schedule of Reconciliation of Depreciation and Amortization from Segments to Consolidated
Depreciation and amortization
Years Ended December 31,
202520242023
SendTech Solutions
45,524 45,868 46,979 
Presort Services
37,029 35,825 33,642 
Total reportable segments
82,553 81,693 80,621 
Corporate29,022 32,276 30,119 
Other operations
 516 1,984 
Total depreciation and amortization$111,575 $114,485 $112,724 
Schedule of Reconciliation of Capital Expenditures from Segments to Consolidated
Capital expenditures
Years Ended December 31,
202520242023
SendTech Solutions
$42,573 $44,351 $44,975 
Presort Services
14,026 11,011 11,182 
Total reportable segments
56,599 55,362 56,157 
Corporate9,679 13,829 18,099 
Other operations
 3,212 3,853 
Total capital expenditures
$66,278 $72,403 $78,109 
Schedule of Reconciliation of Assets from Segment to Consolidated
Assets
December 31,
202520242023
SendTech Solutions
$1,963,310 $1,981,753 $2,081,199 
Presort Services485,877 478,420 500,757 
Total reportable segments
2,449,187 2,460,173 2,581,956 
Cash and cash equivalents284,887 469,726 600,054 
Short-term investments12,232 16,374 22,166 
Long-term investments204,876 190,436 250,240 
Other corporate assets217,769 260,807 285,328 
Assets of discontinued operations
 — 532,441 
Consolidated assets$3,168,951 $3,397,516 $4,272,185 
Schedule of Long-Lived Assets in Individual Foreign Countries by Country
Identifiable long-lived assets:
United States$303,039 $345,457 $390,471 
Outside United States13,924 11,143 13,682 
Total$316,963 $356,600 $404,153