Overview
- Fiscal 2025 results showed $80.5 billion in operating revenue, a GAAP net loss of $9.0 billion, and a larger controllable loss of $2.7 billion as overall mail and package volumes fell.
- Postmaster General David Steiner said the agency cannot cost‑cut its way to prosperity and is negotiating last‑mile delivery partnerships with UPS and retailers, including same‑day and next‑day options.
- USPS leadership signaled it will largely continue the Delivering for America processing and logistics modernization despite stakeholder calls to pause elements of the plan.
- The agency is urging changes to retiree pension funding rules, permission to diversify pension investments, a higher statutory debt cap, and updates to workers’ compensation administration.
- Chief Financial Officer Luke Grossmann projected continued net losses in fiscal 2026 with about a $900 million improvement, and USPS has proposed shipping price increases across several products.