Total operating revenue was $18.8 billion, essentially flat compared with the same quarter the previous fiscal year. First-Class Mail revenue decreased 1.4 percent, while Marketing Mail revenue decreased 0.8 percent. Shipping and packages revenue increased 0.8 percent.
We are also expanding the capability and efficiency of our operations through our network modernization and by rebalancing our workforce through the recent retirement incentives offered to certain eligible employees.
The Postal Service has reported its financial results for fiscal year 2024 (Oct. 1, 2023-Sept. 30, 2024).
“Despite inflationary headwinds impacting our costs, we remain committed to finding a path to return the Postal Service to long-term financial sustainability.”
May 9, 2024 The Postal Service has reported its financial results for fiscal year 2024’s second quarter (Jan. 1-March 31). Here are some highlights: • Revenue. Total operating revenue was $19.7 billion, an increase of 2.1 percent compared with the same quarter one year earlier. Shipping and packages revenue increased 1.2 percent, First-Class Mail revenue increased … Read more
February 8, 2024 The Postal Service has announced its financial results for the first quarter of fiscal year 2024 (Oct. 1-Dec. 31, 2023). Here are some highlights: • Revenue. Total operating revenue was $21.6 billion, an increase of 0.5 percent compared with the same quarter one year earlier. Shipping and packages revenue increased 2.7 percent, and First-Class … Read more
November 14, 2023 The Postal Service has reported its financial results for fiscal year 2023 (Oct. 1, 2022-Sept. 30, 2023). Here are the highlights: • Revenue. Total operating revenue was $78.2 billion, a decrease of 0.4 percent from the previous fiscal year. First-Class Mail revenue increased 2.1 percent, while Marketing Mail revenue decreased 5.8 percent. Shipping and … Read more
February 9, 2023 The Postal Service has reported its financial results for the first quarter of fiscal year 2023 (Oct. 1-Dec. 31, 2022). Here are some highlights: • Revenue. Operating revenue was $21.5 billion, an increase of 1 percent compared with the same quarter last fiscal year. Shipping and packages revenue increased 2.4 percent, and … Read more