US Postal Service reports falling losses, revenue up
Summary
The United States Postal Service (USPS) reported a $2 billion loss in the second quarter of fiscal 2026, despite having higher income and some lower costs. The USPS earned $20.2 billion during this period, showing it is still facing financial challenges.Key Facts
- USPS had a $2 billion net loss in the second quarter of fiscal 2026.
- The quarter ended on March 31.
- Total operating revenue was $20.2 billion for the quarter.
- Revenues increased compared to previous quarters.
- Some operating costs went down during this time.
- The USPS continues to face financial difficulties despite these changes.
- The report shows the USPS is working to manage its money but still loses on balance.
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