USPS Slashes Quarterly Losses by $1.3 Billion

The United States Postal Service (USPS) reported a net loss of $2 billion for the second quarter of fiscal year 2026, which is $1.3 billion lower than the $3.3 billion net loss suffered in the same quarter in 2025.
The decline in net loss is due to a $463 million jump in operating revenue and a reduction of $1.3 billion in workers’ compensation expenses, USPS said in a May 8 statement. The postal service attributed the increase in operating revenue to higher prices charged for shipping and packages, marketing mail, and first-class mail services.
However, the benefits of higher prices were partially offset by lower volumes. In Q2 2025, USPS handled around 26.5 billion pieces of mail and other items, which dropped to roughly 25.6 billion pieces in the second quarter of this year….