Despite Revenue Growth and Record Productivity, Postal Service Loses $5 Billion in 2013 Fiscal Year

11/13/2015

The U.S. Postal Service reported a net loss of $5.1 billion for fiscal year 2015 (October 1, 2014 – September 30, 2015). The net loss is largely due to certain statutorily mandated payments over which the Postal Service has no control. Notwithstanding the loss, total revenue was $68.9 billion for the year, an increase of approximately $1.1 billion from 2014.

The report has been filed with the Postal Regulatory Commission (PRC).

  • Net Loss of $5.1 Billion; Controllable Income of $1.2 Billion
  • Revenue of $68.9 Billion for Fiscal Year 2015, Up 1.6 percent
  • Shipping and Packages Services Revenues Up 11.4 percent

Postmaster General & CEO Megan J. Brennan and Chief Financial Officer and Executive Vice President Joseph Corbett will host a telephone/Web conference call to discuss the financial results in more detail. The call will begin at 11:00 a.m. on November 13, 2015 ET and is open to the news media and all other interested parties.

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