US Postal Service Reports Fifth Consecutive Quarterly Net Loss
The U.S. Postal Service reported a financial loss of $2 billion for the second quarter of fiscal year 2026. This occurred despite revenue topping $20 billion and operating expenses declining. Officials stated that higher postage and shipping prices helped offset falling mail volumes. Postmaster General David Steiner indicated the agency remains in a cash crisis and could run out of money by early 2027. The mailing agency relies on stamps and service fees, not tax dollars, to deliver mail six days a week nationwide.
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Sources · 7 independent
NBC News Radio
“The U.S. Postal Service is reporting a financial loss of $2 billion for the second quarter of fiscal year 2026.”
WAMU 88.5 DC
“The Postal Service relies on stamps and service fees, not tax dollars, to deliver mail six days a week to just about every address in the country. But with people...”
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