USPS Reports $1.3 Billion Net Loss Amid Declining Mail and Package Volumes
The United States Postal Service (USPS) has reported a net loss of $1.3 billion for the fiscal first quarter of 2026, a significant downturn from the $144 million net income recorded in the same period last year. This financial decline is attributed to a decrease in operating revenue, which fell by 1.2% to $22.2 billion. The drop in revenue is largely due to declining volumes in First-Class Mail, Shipping and Package, and Marketing Mail, despite some offset from price increases. Postmaster General David Steiner highlighted the systemic financial challenges facing USPS, emphasizing the need for growth strategies and operational efficiencies. USPS is also seeking legislative and administrative reforms to address financial and regulatory burdens, including changes in retiree pension funding and raising the statutory debt ceiling. 
