Press releases

Quarterly result in line with expectations – pressure to act remains

Despite a challenging environment, Swiss Post recorded an operating profit (EBIT) of 94 million francs in the first quarter of 2026. The result is in line with expectations and shows that last year’s efficiency and pricing measures are working. At the same time, it is clear that Swiss Post still faces challenges and the pressure to act remains. Swiss Post is continually losing significant income, mainly due to shrinking letter volumes.

Rich Content Section

Swiss Post offers its customers modern services. This is reflected in the figures. Customer accessed digital services more frequently in the first quarter. They used the Post-App 17.4 million times in the first three months of the year, representing an increase of around 50 percent year-on-year. Rising parcel volumes (+4.4 percent), growth in unaddressed promotional mailings (+7.7 percent) as well as efficiency measures, price adjustments and seasonal effects contributed to a better operating result than in the same period last year. PostBus also saw positive growth in the first quarter, with passenger numbers rising by 4 percent. Despite the SNB’s policy rate of zero percent, PostFinance is benefiting from a balanced, long-term investment strategy, which has enabled it to keep interest income stable. At 94 million francs, Swiss Post’s EBIT was 37 million higher than in the same period of 2025. Group profit rose by 28 million francs to 64 million francs.

Pressure to act remains

However, this result should not distract from the challenges facing Swiss Post: over-the-counter inpayments (–10.6 percent) and the letter business (–4.2 percent) are both declining, with cost structures largely fixed.  Swiss Post is continually losing significant income, mainly due to shrinking letter volumes. In the letter and newspaper business, the fall in revenue stands at around 85 million francs per year. “The market is challenging, the geopolitical situation is uncertain and the pressure to act remains. We’re refining our strategy, strengthening our core business, pursuing focused growth and becoming a simpler and faster organization,” says Alex Glanzmann, Head of Finance at Swiss Post.

Strengthening core business, focusing on growth, becoming faster 

For a financially viable universal service without taxpayers’ money, Swiss Post is refining its existing strategy up to 2030. It is strengthening its logistics, communication, mobility and financial services business and focusing primarily on targeted organic growth in these core markets rather than acquisitions. This also includes further pricing measures. Additionally, Swiss Post will have to reduce its internal costs on an ongoing basis. In the internal units, processes will be simplified in the coming years in order to become faster. The relevant processes are currently under way.

Modernization of the universal service obligation required

In addition to further efficiency and pricing measures, Swiss Post needs a comprehensive modernization of the regulatory provisions. Switzerland should benefit from a universal service obligation that is geared towards its customers’ actual needs. Without reform, there is a risk that Swiss Post’s services will become irrelevant and too expensive. To this end, the Federal Council has announced a comprehensive revision of the law. Swiss Post supports this action, with the aim of continuing to provide a strong, modern and self-sustaining public service.  

Rich Content Section

Group key figures

Key figures Unit 2025 Q1 2025 Q1 2026
Operating revenue CHF million 7 305 1 830 1 839
Operating profit (EBIT)[1] CHF million 332 57 94
Group profit CHF million 315 36 64
Total assets CHF million 111 644 112 690 114 405
Equity capital CHF million 11 078 10 627 11 051
Investments CHF million 485 82 105
Headcount at Swiss Post Group FTE[2] 35 385 35 535 35 038

1 The operating profit corresponds to the result before net non-operating financial income and taxes (EBIT).
2 FTE = full-time equivalent. Average headcount expressed in terms of full-time equivalents, excluding trainees.

PostFinance Ltd key figures

Key figures 2025 Q1 2025 Q1 2026
Customer assets (CHF million) 112 806 107 087 113 127
Growth in customer assets (CHF million)[3] 6 164 445 321
Non-interest-sensitive customer assets (CHF million) 22 982 21 203 23 244
Headcount (FTE)[4] 3 510 3 524 3 450

3 Development in the year under review.
4 FTE = full-time equivalent. Average headcount expressed in terms of full-time equivalents, excluding trainees.

Selected key figures per segment

Segment   Q1 2025
(CHF million)
Q1 2026
(CHF million)
Logistics Services Operating revenue 1 061 1 072
Operating profit[5] 65 78
Digital Services Operating revenue 72 74
Operating profit[5] -16 -12
PostFinance Operating revenue 416 393
Operating profit[5] 68 80
PostalNetwork Operating revenue 145 145
Operating profit[5] -32 -28
Mobility Services Operating revenue 286 298
Operating profit[5] 0 3

5  The operating profit corresponds to the result before net non-operating financial income and taxes (EBIT).

Rich Content Section

Information:

Swiss Post Media Unit, +41 58 341 00 00, media@swisspost.ch