USPS Slashes Quarterly Losses by $1.3 Billion

The postal service suffered a net loss of $9 billion last year.

The United State Postal Service emblem is seen on the side of a mailbox in Monterey Park, Calif., on Feb. 4, 2025. Frederic J. Brown/AFP

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.