USPS Reports Fiscal Year 2023 Results – Net loss totaled $6.5 billion

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: ‚Äʬ†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…

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USPS: Financial results for the first quarter of fiscal year 2023

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: ‚ÄĘ 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…

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USPS Reports Fiscal Year 2022 Results

November 10, 2022 The Postal Service has reported its financial results for fiscal year 2022 (Oct. 1, 2021-Sept. 30, 2022). Here are the highlights: ‚ÄĘ Revenue. Operating revenue was $78.5 billion, an increase of 1.9 percent from the previous fiscal year. First-Class Mail revenue increased 3.3 percent, and Marketing Mail revenue increased 9.7 percent. Shipping…

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USPS: Third-quarter financial results reported

August 9, 2022¬† The Postal Service has reported its financial results for fiscal year 2022‚Äôs third quarter (April 1-June 30). Here are some highlights: ‚ÄĘ Revenue. Operating revenue was $18.7 billion, an increase of 1.4 percent compared with the same quarter one year earlier. First-Class Mail revenue was essentially flat, while Marketing Mail revenue increased…

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USPS: Second-quarter financial results reported

May 5, 2022 The Postal Service has reported its financial results for fiscal year 2022‚Äôs second quarter (Jan. 1-March 31). Here are some highlights: ‚ÄĘ Revenue. Operating revenue was approximately $19.8 billion, an increase of 4.7 percent compared with the same quarter one year earlier. First-Class Mail revenue increased 5 percent, while Marketing Mail revenue…

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USPS: CFO reports first-quarter results (video)

March 7, 2022 The Postal Service‚Äôs performance during the holidays was a ‚Äúsolid victory,‚ÄĚ Chief Financial Officer Joe Corbett reports in his latest ‚ÄúDollars and Change‚ÄĚ video. USPS accepted more than 11 billion mailpieces and packages for delivery from Thanksgiving through New Year‚Äôs Eve, the organization‚Äôs peak season, with an average delivery time of 2.7…

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USPS CFO reports on FY 2021 results (video)

December 3, 2021 USPS reported mixed results for fiscal year 2021, but fully enacting the Delivering for America plan will help put the organization back in the black, Chief Financial Officer Joe Corbett says in his latest ‚ÄúDollars and Change‚ÄĚ video. For fiscal year 2021 (Oct. 1, 2020-Sept. 30, 2021), total revenue was $77.1 billion,…

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USPS reports financial results for fiscal year 2021

The Postal Service has reported its financial results for fiscal year 2021 (Oct. 1, 2020-Sept. 30, 2021). Here are some highlights: ‚ÄĘ Revenue. Operating revenue was $77 billion, an increase of 5.3 percent from the previous fiscal year. Shipping and packages revenue increased 12.2 percent, while Marketing Mail revenue increased 4.9 percent. First-Class Mail revenue…

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