The United States Postal Service Preliminary Financial Information (unaudited), February 2026, shows a period of significant operating losses despite a slight increase in revenue compared to the same period last year (SPLY). The USPS continues to face a gap between its operating revenue and its total expenses, with its largest expense being personnel compensation and benefits at $5.61 billion.
- Mail Volume: Total volume for the month was 8.15 billion pieces; a 4.1% decrease compared to last year.
- First-Class Mail Volume: saw the largest loss in Market Dominant products, down 6.9% for February, bringing the 6 months year to date loss at 6.1%.
- Marketing Mail February loss was 2.1% bringing the 6 months year to date loss at 7.4%.
- Net Loss: The actual net loss for February was $965 million, which was significantly higher than the planned loss of $623 million. Year-to-date (YTD), the net loss stands at $2.86 billion.
- Controllable (Loss) Income: When excluding factors outside of management’s immediate control (like certain workers’ compensation adjustments and retirement liability amortizations), for February was $207 million.
