Press Release

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.

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. Despite the SNB’s policy rate of zero percent, PostFinance is benefiting from a balanced, longterm 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 sup-ports this action, with the aim of continuing to provide a strong, modern and self-sustaining public service.

Group key figuresUnitFull year 20251st quarter 20251st quarter 2026
Group key figures
Operating income
Unit
CHF million
Full year 2025
7’305
1st quarter 2025
1’830
1st quarter 2026
1’839
Group key figures
Operating profit (EBIT) 
Unit
CHF million
Full year 2025
332
1st quarter 2025
57
1st quarter 2026
94
Group key figures
Group profit
Unit
CHF million
Full year 2025
315
1st quarter 2025
36
1st quarter 2026
64
Group key figures
Total assets
Unit
CHF million
Full year 2025
111’644
1st quarter 2025
112’690
1st quarter 2026
114’405
Group key figures
Equity
Unit
CHF million
Full year 2025
11’078
1st quarter 2025
10’627
1st quarter 2026
11’051
Group key figures
Investments
Unit
CHF million
Full year 2025
485
1st quarter 2025
82
1st quarter 2026
105
Group key figures
Headcount at Swiss Post Group 
Unit
FTEs 
Full year 2025
35’385
1st quarter 2025
35’535
1st quarter 2026
35’038
PostFinance Ltd key figuresUnitFull year 20251st quarter 20251st quarter 2026
PostFinance Ltd key figures
Customer assets
Unit
CHF million
Full year 2025
112’806
1st quarter 2025
107’087
1st quarter 2026
113’127
PostFinance Ltd key figures
Growth in customer assets 
Unit
CHF million
Full year 2025
6’164
1st quarter 2025
445
1st quarter 2026
321
PostFinance Ltd key figures
Non-interest-sensitive customer assets
Unit
CHF million
Full year 2025
22’982
1st quarter 2025
21’203
1st quarter 2026
23’244
PostFinance Ltd key figures
Headcount
Unit
FTEs 
Full year 2025
3’510
1st quarter 2025
3’524
1st quarter 2026
3’450

Selected key figures per segment

Operating income (CHF million)1st quarter 20251st quarter 2026
Operating income (CHF million)
Logistics Services
1st quarter 2025
1’061
1st quarter 2026
1’072
Operating income (CHF million)
Digital Services
1st quarter 2025
72
1st quarter 2026
74
Operating income (CHF million)
PostalNetwork
1st quarter 2025
145
1st quarter 2026
145
Operating income (CHF million)
Mobility Services
1st quarter 2025
286
1st quarter 2026
298
Operating income (CHF million)
PostFinance
1st quarter 2025
416
1st quarter 2026
393
Operating profit  (CHF million)1st quarter 20251st quarter 2026
Operating profit (CHF million)
Logistics Services
1st quarter 2025
65
1st quarter 2026
78
Operating profit (CHF million)
Digital Services
1st quarter 2025
-16
1st quarter 2026
-12
Operating profit (CHF million)
PostalNetwork
1st quarter 2025
-32
1st quarter 2026
-28
Operating profit (CHF million)
Mobility Services
1st quarter 2025
0
1st quarter 2026
3
Operating profit (CHF million)
PostFinance
1st quarter 2025
68
1st quarter 2026
80