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Washington Postal Scene by Linn’s Staff
The United States Postal Service announced on Aug. 7 its financial results for the third quarter of 2025, which runs from April 1 to June 30.
The net loss for the third quarter amounted to $3.1 billion, noticeably more than the $2.5 billion net loss for the same quarter last year.
“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,” the Postal Service said in an Aug. 7 press release.
Factors driving up the third quarter loss were non-cash workers’ compensation adjustments of $237 million, a $360 million increase in compensation and benefits, and an increase in other operating expenses of $205 million.
“Total operating revenue, at $18.8 billion, was essentially flat compared to the third quarter of 2024,” the Postal Service said.
“Shipping and Packages revenue increased $58 million, or 0.8 percent, on a volume decline of 114 million pieces, or 6.5 percent, compared to the same quarter last year,” the USPS said. “Marketing Mail revenue decreased $29 million, or 0.8 percent, on a volume increase of 65 million pieces, or 0.5 percent, compared to the same quarter last year. First-Class Mail revenue decreased $86 million, or 1.4 percent, on a volume decline of 568 million pieces, or 5.4 percent, compared to the same quarter last year, with strategic price increases offsetting the declining volume impact.”
Operating expenses of $22 billion represented an increase of $613 million compared to the same quarter last year.
“The overall increase in operating expenses was primarily due to inflationary impacts on compensation costs (including workers’ compensation) and other operating costs,” the USPS said.
Postmaster General David Steiner, who assumed his duties on July 15, commented on the Postal Service’s finances during the Aug. 7 meeting of the board of governors.
“Our top priorities are improving performance and addressing and fixing the larger trends driving our financial losses,” Steiner said. “I believe strongly that the Postal Service is capable of operating as Congress intended as an independent entity of the executive branch, that can compete effectively and operate efficiently in the performance of our public service mission and fully fund our operations.”
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