Who appears on this list?

Only companies whose trailing twelve month net income is below zero. They are ranked by the size of the loss, so the biggest dollar losses sit at the top. Profitable companies are excluded.

Is a large loss always a red flag?

Not always. Heavy investment, one-time write-downs, or early-stage growth can drive a reported loss while the business is healthy. Open any company for its cash flow and balance sheet before drawing a conclusion.

Browse all

Companies Losing the Most Money

How This List Is Built

Companies with the largest trailing twelve month net loss, converted to US dollars and ranked most-negative first. Only companies that lost money over the last year appear here.

We sum net income from the latest four quarterly income statements, convert to US dollars, keep only companies below zero, and rank by the most negative figure first. Refreshed nightly.

Frequently Asked Questions

Who appears on this list?: Only companies whose trailing twelve month net income is below zero. They are ranked by the size of the loss, so the biggest dollar losses sit at the top. Profitable companies are excluded.
Is a large loss always a red flag?: Not always. Heavy investment, one-time write-downs, or early-stage growth can drive a reported loss while the business is healthy. Open any company for its cash flow and balance sheet before drawing a conclusion.

S&P 500 Futures

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Dow Futures

53,807.00−0.24%128.00

Browse all

Companies Losing the Most Money

Data as of Aug 15, 2026prices update during market hours (15-min delayed)all figures in USD

Rank	Company					Country
1	Strategy IncSTRC	−$30.41B	$32.69B	$94.78	−1.03%$0.99	US
2	Stellantis N.V.STLA	−$25.12B	$15.52B	$5.36	−0.19%$0.01	NL
3	China Vanke Co., Ltd.000002.SZ	−$13.09B	$5.53B	$0.46	−2.80%$0.01	CN
4	Renault S.A.RNO.PA	−$12.46B	$9.58B	$33.12	+1.42%$0.46	FR
5	Intel Corp.INTC	−$11.29B	$517.01B	$102.50	−1.97%$2.06	US
6	Ford Motor CompanyF	−$7.40B	$57.28B	$14.37	+3.42%$0.48	US
7	Lumentum Holdings Inc.LITE	−$6.94B	$72.05B	$926.14	+5.19%$45.73	US
8	Meituan83690.HK	−$5.96B	$67.82B	$11.10	−4.28%$0.50	CN
9	EchoStar CorporationECHO	−$5.67B	$14.56B	$91.89	+0.23%$0.21	US
10	Saudi Basic Industries Corporation2010.SR	−$5.48B	$39.31B	$13.10	−0.89%$0.12	SA
11	Space Exploration Technologies Corp.SPCX	−$5.35B	$1.83T	$140.00	−0.91%$1.29	US
12	Vodafone Group Public Limited CompanyVOD	−$5.30B	$37.81B	$16.42	+1.23%$0.20	GB
13	Liberty Broadband CorporationLBRDK	−$5.25B	$5.22B	$36.33	−1.41%$0.52	US
14	Centene Corp.CNC	−$5.10B	$33.33B	$67.47	+2.17%$1.43	US
15	Brookfield Renewable CorporationBEPC	−$4.73B	$5.24B	$35.50	−1.03%$0.37	US
16	Anglo American plcAAL.L	−$4.60B	$55.80B	$52.08	−1.66%$0.88	GB
17	Exor N.V.EXO.AS	−$4.39B	$26.75B	$81.39	+0.64%$0.52	NL
18	VinFast Auto Ltd.VFS	−$4.11B	$7.42B	$3.17	+0.63%$0.02	VN
19	Mobileye Global Inc.MBLY	−$4.06B	$7.27B	$8.92	+0.22%$0.02	IL
20	Telefonica S.A.TNE5.DE	−$3.82B	$24.08B	$4.28	+0.54%$0.02	ES
21	Greenland Holdings Corporation Limited600606.SS	−$3.82B	$2.67B	$0.19	−2.29%$0.00	CN
22	Nexi S.p.A.NEXI.MI	−$3.77B	$5.76B	$4.91	+0.07%$0.00	IT
23	Fosun International Limited0656.HK	−$3.47B	$5.09B	$0.63	−3.63%$0.02	HK
24	Marathon Digital Holdings, Inc.MARA	−$3.46B	$3.51B	$9.20	−0.11%$0.01	US
25	International Paper CompanyIP	−$3.44B	$21.57B	$40.74	−0.92%$0.38	US
26	The Kraft Heinz CompanyKHC	−$3.40B	$30.25B	$25.51	+0.51%$0.13	US
27	Gilead Sciences, Inc.GILD	−$3.24B	$171.78B	$138.36	+0.16%$0.22	US
28	Rivian Automotive, Inc.RIVN	−$3.23B	$18.65B	$15.36	−2.91%$0.46	US
29	Warner Bros. Discovery, Inc.WBD	−$3.17B	$70.17B	$27.99	+0.86%$0.24	US
30	Moderna, Inc.MRNA	−$3.15B	$25.12B	$63.32	−0.52%$0.33	US
31	Liberty Global plcLBTYB	−$3.03B	$3.69B	$12.11	+1.85%$0.22	BM
32	Nissan Motor Co., Ltd.7201.T	−$2.60B	$7.24B	$2.07	−0.15%$0.00	JP
33	Forvia SEFRVIA.PA	−$2.42B	$2.09B	$10.67	+0.07%$0.01	FR
34	Molson Coors Beverage CompanyTAP	−$2.31B	$8.02B	$42.77	+1.54%$0.65	US
35	Molson Coors Canada Inc.TPX-B.TO	−$2.27B	$8.39B	$44.68	+3.33%$1.44	CA
36	Atos SEAEXAY	−$2.21B	$5.09B	$9.08	+0.00%$0.00	FR
37	Chongqing Zhifei Biological Products Co., Ltd.300122.SZ	−$2.20B	$4.64B	$1.94	−1.21%$0.02	CN
38	Shenzhen Overseas Chinese Town Co.,Ltd.000069.SZ	−$2.14B	$2.11B	$0.26	−2.75%$0.01	CN
39	Link Real Estate Investment Trust0823.HK	−$2.07B	$12.94B	$4.94	+0.47%$0.02	HK
40	Fluor CorporationFLR	−$2.00B	$7.31B	$52.37	+0.08%$0.04	US
41	BioNTech SEBNTX	−$1.96B	$23.38B	$93.09	+1.05%$0.97	DE
42	TeraWulf Inc.WULF	−$1.95B	$8.61B	$17.38	+6.56%$1.07	US
43	CoreWeave, Inc. Class A Common StockCRWV	−$1.93B	$57.43B	$105.26	−0.97%$1.03	US
44	Conagra Brands, Inc.CAG	−$1.92B	$7.47B	$15.60	+1.36%$0.21	US
45	Dentsu Group Inc.4324.T	−$1.84B	$6.16B	$23.72	+1.64%$0.38	JP
46	Cosan S.A.CSAN	−$1.83B	$2.47B	$2.52	−3.45%$0.09	BR
47	Octave Intelligence plcOCTV	−$1.82B	$5.08B	$18.91	+0.00%$0.00	US
48	Eutelsat Communications S.A.ETL.PA	−$1.78B	$2.91B	$2.48	−3.38%$0.09	FR
49	Revolution Medicines, Inc.RVMD	−$1.77B	$43.31B	$203.71	+0.85%$1.71	US
50	StubHub Holdings, Inc.STUB	−$1.77B	$2.83B	$8.08	+5.21%$0.40	US
51	Transocean Ltd.RIG	−$1.66B	$5.85B	$5.76	+0.70%$0.04	CH
52	Plug Power Inc.PLUG	−$1.64B	$3.24B	$2.32	+0.87%$0.02	US
53	Xiamen C&D Inc.600153.SS	−$1.59B	$3.75B	$1.29	−1.58%$0.02	CN
54	Figma, Inc.FIG	−$1.58B	$12.39B	$25.42	−3.53%$0.93	US
55	KKR Group Finance Co. IX LLC 4.KKRS	−$1.58B	$14.40B	$16.23	−0.12%$0.02	US
56	K+S AGSDF.DE	−$1.52B	$2.99B	$16.67	−0.21%$0.03	DE
57	Horizon Robotics9660.HK	−$1.52B	$8.00B	$0.64	−0.89%$0.01	CN
58	Opendoor Technologies Inc.OPEN	−$1.52B	$3.51B	$3.64	−0.27%$0.01	US
59	Entain PLCGMVHF	−$1.51B	$4.97B	$7.77	+1.99%$0.15	IM
60	Sony Group CorporationSONY	−$1.50B	$142.64B	$24.29	+2.88%$0.68	JP
61	dsm-firmenich AGDSFIR.AS	−$1.47B	$25.65B	$103.89	−0.97%$1.02	CH
62	Core Scientific, Inc.CORZ	−$1.44B	$6.48B	$20.18	+2.02%$0.40	US
63	Core Scientific Inc NewCORZR	−$1.44B	$2.93B	$0.01	−71.43%$0.03	US
64	Core Scientific, Inc. Tranche 2 WarrantsCORZZ	−$1.44B	$6.53B	$20.15	−5.18%$1.10	US
65	IonQ, Inc.IONQ	−$1.41B	$17.27B	$46.26	+2.85%$1.28	US
66	IonQ, Inc. WTIONQ-WT	−$1.41B	$18.92B	$35.36	+4.00%$1.36	US
67	Wingtech Technology Co.,Ltd600745.SS	−$1.36B	$3.24B	$2.59	+0.17%$0.00	CN
68	LG Energy Solution, Ltd.373220.KS	−$1.35B	$61.23B	$261.69	+1.09%$2.83	KR
69	NIO Inc.NIO	−$1.34B	$11.18B	$4.51	+0.11%$0.00	CN
70	TCL Zhonghuan Renewable Energy Technology Co.,Ltd.002129.SZ	−$1.34B	$5.60B	$1.39	+0.21%$0.00	CN
71	Riot Platforms, Inc.RIOT	−$1.32B	$7.19B	$19.02	−1.02%$0.20	US
72	Accelerant HoldingsARX	−$1.30B	$4.27B	$19.58	+0.36%$0.07	KY
73	Guangzhou Automobile Group Co., Ltd.601238.SS	−$1.29B	$7.73B	$0.76	−0.78%$0.01	CN
74	Westlake CorporationWLK	−$1.24B	$10.19B	$79.55	−0.80%$0.64	US
75	Ralliant CorpRAL	−$1.23B	$8.00B	$72.29	+1.19%$0.85	US
76	Dow Inc.DOW	−$1.21B	$22.44B	$31.07	+2.34%$0.71	US
77	Snowflake Inc.SNOW	−$1.20B	$114.00B	$328.92	−2.51%$8.46	US
78	Aumovio SEAMV0.DE	−$1.18B	$4.29B	$42.86	−1.33%$0.58	DE
79	Celanese CorporationCE	−$1.17B	$5.01B	$45.66	+3.07%$1.36	US
80	West Fraser Timber Co. Ltd.WFG	−$1.16B	$5.38B	$70.76	+1.74%$1.21	CA
81	Acadia Healthcare Company, Inc.ACHC	−$1.13B	$2.87B	$30.83	+1.95%$0.59	US
82	Tongwei Co.,Ltd600438.SS	−$1.12B	$8.35B	$1.90	−0.70%$0.01	CN
83	Cipher Mining Inc.CIFR	−$1.12B	$7.30B	$17.86	+7.43%$1.24	US
84	LG Chem, Ltd.051910.KS	−$1.10B	$15.55B	$198.65	+1.81%$3.54	KR
85	Bausch Health Companies Inc.BHC	−$1.10B	$2.43B	$6.51	+2.68%$0.17	CA
86	Tianshan Material Co., Ltd.000877.SZ	−$1.08B	$3.91B	$0.55	−1.07%$0.01	CN
87	PGE Polska Grupa Energetyczna S.A.PGE.WA	−$1.07B	$6.51B	$2.90	−1.46%$0.04	PL
88	Honda Motor Co., Ltd.HMC	−$1.07B	$40.98B	$31.58	+1.22%$0.38	JP
89	Vaxcyte, Inc.PCVX	−$1.06B	$8.39B	$58.07	−1.34%$0.79	US
90	Baxter International Inc.BAX	−$1.06B	$13.82B	$26.73	−1.18%$0.32	US
91	Teleflex IncorporatedTFX	−$1.03B	$6.07B	$137.17	−0.15%$0.20	US
92	Lumen Technologies, Inc.LUMN	−$1.02B	$6.92B	$6.72	+5.00%$0.32	US
93	LONGi Green Energy Technology Co., Ltd.601012.SS	−$1.02B	$14.18B	$1.88	−0.39%$0.01	CN
94	BullishBLSH	−$1.00B	$3.70B	$24.39	−11.24%$3.09	KY
95	Roblox CorporationRBLX	−$1.00B	$27.32B	$38.25	+0.78%$0.30	US
96	CleanSpark, Inc.CLSKW	−$997.82M	$3.51B	$0.27	+0.04%$0.00	US
97	ImmunityBio, Inc.IBRX	−$992.36M	$7.93B	$7.57	−1.05%$0.08	US
98	Coinbase Global, Inc.COIN	−$987.77M	$39.17B	$148.47	−3.53%$5.43	US
99	LG Display Co., Ltd.LPL	−$973.78M	$3.50B	$3.50	+3.86%$0.13	KR
100	ROHM Co., Ltd.6963.T	−$956.56M	$12.16B	$31.49	+2.66%$0.82	JP
101	Global Payments Inc.GPN	−$955.85M	$23.10B	$93.05	−1.88%$1.78	US
102	SK Innovation Co., Ltd.096770.KS	−$926.94M	$15.33B	$91.15	+5.75%$4.96	KR
103	Equitable Holdings, Inc.EQH	−$926.00M	$14.49B	$53.09	+0.55%$0.29	US
104	Synaptics IncorporatedSYNA	−$917.60M	$4.24B	$108.63	+1.23%$1.32	US
105	PENN Entertainment, Inc.PENN	−$906.80M	$2.51B	$18.79	−0.32%$0.06	US
106	Delivery Hero SEDHER.DE	−$905.75M	$13.04B	$42.92	+0.00%$0.00	DE
107	Alexandria Real Estate Equities, Inc.ARE	−$904.00M	$8.39B	$48.14	−0.58%$0.28	US
108	JetBlue Airways CorporationJBLU	−$886.00M	$2.13B	$5.65	−2.59%$0.15	US
109	Joby Aviation, Inc.JOBY	−$878.16M	$7.79B	$7.92	−4.12%$0.34	US
110	Vend Marketplaces ASAVEND.OL	−$876.57M	$5.38B	$26.51	+2.12%$0.55	NO
111	Cleveland-Cliffs Inc.CLF	−$876.00M	$6.79B	$11.90	−2.06%$0.25	US
112	Insmed IncorporatedINSM	−$875.31M	$26.82B	$123.74	−2.05%$2.59	US
113	Sun Communities, Inc.SUI	−$863.20M	$15.19B	$123.29	+2.58%$3.10	US
114	Mirum Pharmaceuticals, Inc.MIRM	−$860.21M	$6.14B	$100.64	+1.89%$1.87	US
115	Summit Therapeutics Inc.SMMT	−$856.09M	$10.65B	$13.35	−4.64%$0.65	US
116	Flutter Entertainment plcFLUT	−$795.00M	$17.59B	$101.41	+3.14%$3.09	US
117	Coupang, Inc.CPNG	−$767.00M	$28.98B	$16.12	−1.04%$0.17	US
118	Covestro AG1COV.DE	−$745.06M	$14.58B	$70.23	+0.00%$0.00	DE
119	Angang Steel Company Limited000898.SZ	−$737.35M	$2.74B	$0.29	−0.51%$0.00	CN
120	Netskope, Inc. Class A Common StockNTSK	−$716.64M	$6.39B	$15.81	−2.35%$0.38	US
121	SKC Co., Ltd.011790.KS	−$713.63M	$2.17B	$63.60	+0.67%$0.42	KR
122	Shanghai Yuyuan Tourist Mart (Group) Co., Ltd.600655.SS	−$710.73M	$2.62B	$0.68	−1.29%$0.01	CN
123	PPB Group Berhad4065.KL	−$703.70M	$3.27B	$2.30	+0.64%$0.01	MY
124	IGO LimitedIGO.AX	−$700.66M	$4.23B	$5.59	+0.13%$0.01	AU
125	BridgeBio Pharma, Inc.BBIO	−$696.24M	$15.64B	$79.86	−1.66%$1.35	US
126	Fermi Inc. Common StockFRMI	−$694.51M	$4.08B	$6.40	−3.03%$0.20	US
127	MiniMed Group, Inc. Common StockMMED	−$694.00M	$5.66B	$20.15	+0.65%$0.13	US
128	Cyfrowy Polsat S.A.CPS.WA	−$685.48M	$2.56B	$4.64	−1.20%$0.06	PL
129	Owens CorningOC	−$670.00M	$12.46B	$154.67	−0.76%$1.18	US
130	BAIC BluePark New Energy Technology Co.,Ltd.600733.SS	−$664.57M	$5.01B	$0.79	−1.85%$0.01	CN
131	Telus CorpTU	−$662.33M	$15.24B	$9.76	+0.83%$0.08	CA
132	Trina Solar Co., Ltd688599.SS	−$644.73M	$4.51B	$1.92	−0.99%$0.02	CN
133	Poly Developments and Holdings Group Co., Ltd.600048.SS	−$644.37M	$9.36B	$0.78	−1.13%$0.01	CN
134	Jinko Solar Co., Ltd.688223.SS	−$638.43M	$6.70B	$0.65	−0.23%$0.00	CN
135	Avis Budget Group, Inc.CAR	−$636.00M	$4.87B	$137.85	+0.63%$0.86	US
136	Paramount Skydance Corporation Class B Common StockPSKY	−$621.00M	$11.03B	$10.14	+1.71%$0.17	US
137	Saudi Kayan Petrochemical Company2350.SR	−$615.03M	$2.06B	$1.37	+0.19%$0.00	SA
138	StepStone Group Inc.STEP	−$613.20M	$6.51B	$50.40	−3.00%$1.56	US
139	Hut 8 Corp.HUT	−$599.61M	$9.62B	$85.44	+3.00%$2.49	US
140	Standard Life plcSDLF.L	−$599.28M	$12.57B	$12.54	+0.71%$0.09	GB
141	JA Solar Technology Co., Ltd.002459.SZ	−$598.75M	$3.69B	$1.12	−0.79%$0.01	CN
142	Nikon Corporation7731.T	−$591.73M	$4.23B	$12.84	+0.57%$0.07	JP
143	Unity Software Inc.U	−$586.86M	$20.19B	$46.25	+1.00%$0.46	US
144	Biohaven Ltd.BHVN	−$586.84M	$2.20B	$14.64	−1.41%$0.21	US
145	Ultragenyx Pharmaceutical Inc.RARE	−$586.41M	$2.61B	$26.49	+0.42%$0.11	US
146	Groupe Bruxelles Lambert S.A.GBLB.BR	−$578.34M	$10.34B	$86.60	−0.20%$0.17	BE
147	Avantor, Inc.AVTR	−$578.00M	$9.24B	$13.66	−1.37%$0.19	US
148	Wharf Real Estate Investment Company Limited1997.HK	−$564.94M	$12.35B	$4.07	−1.18%$0.05	HK
149	Ionis Pharmaceuticals, Inc.IONS	−$564.78M	$9.51B	$57.24	+2.45%$1.37	US
150	AMC Entertainment Holdings, Inc.AMC	−$554.10M	$2.23B	$2.50	−4.94%$0.13	US

How This List Is Built

Companies with the largest trailing twelve month net loss, converted to US dollars and ranked most-negative first. Only companies that lost money over the last year appear here.

We sum net income from the latest four quarterly income statements, convert to US dollars, keep only companies below zero, and rank by the most negative figure first. Refreshed nightly.

Frequently Asked Questions

Who appears on this list?: Only companies whose trailing twelve month net income is below zero. They are ranked by the size of the loss, so the biggest dollar losses sit at the top. Profitable companies are excluded.
Is a large loss always a red flag?: Not always. Heavy investment, one-time write-downs, or early-stage growth can drive a reported loss while the business is healthy. Open any company for its cash flow and balance sheet before drawing a conclusion.