- Controllable loss increased $522 million, compared to same quarter last year
- USPS Ground Advantage continues to grow, providing customers with reliable low-cost service
- David Steiner becomes 76th Postmaster General on July 15th
WASHINGTON — The U.S. Postal Service today announced its financial results for the third quarter of fiscal year 2025 (Apr. 1, 2025 – Jun. 30, 2025). Controllable loss, which excludes certain expenses that are not controllable by management, was $1.6 billion for the quarter, compared to $1.1 billion for the same quarter last year.
Net loss for the quarter totaled $3.1 billion, compared to a net loss of $2.5 billion for the same quarter last year. Results for the quarter were impacted by unfavorable non-cash workers’ compensation adjustments of $237 million, due to actuarial revaluation and discount rate change factors that are not controllable by the Postal Service, increased compensation and benefits expense of $360 million, and higher other operating expenses of $205 million.
“The Postal Service continues to play an important role in the American economy and society, and in the daily lives of the American public, as it has for 250 years,” said Postmaster General David Steiner, at his first Board of Governors meeting since joining the Postal Service on July 15, 2025. “America needs a financially strong Postal Service to continue to meet the needs of the nation far into the future. To restore our financial strength, we must continue to evolve amid a changing business environment so that we can provide high-quality service at a reasonable cost. Growing our revenue and cutting our costs to serve is the only path to financial health.”
Total operating revenue was $18.8 billion for the quarter, essentially flat compared to the same quarter last year.
You have to make last mile delivery easier?????
You can’t keep new help because the job has
become so physically demanding.
Most people can’t do the job.
Make it all box on Post and cluster boxes?
Keep new help??
Watch the losses fade???
All that’s new here is that the PMG is behind DFA, at least for now. The “grow revenue and cut costs” statement is old news. It’s going to be interesting to see if he can improve the current poor service across the country and not appreciably increase work hours, because that’s one component of the poor service. The other component, which is not easily correctable, is the horrible hires radicals in labor have foisted on the American people and the responsible employees the USPS does have. With such a large number of employees eligible to retire, more of these marginal hires will wreck the service.