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2018 ranking of companies that lost the most money

Companies showing the largest net loss for the fiscal year 2018, according to their annual accounts.

Share prices and capitalizations at 2026-10-29·Annual accounts for the fiscal year 2018·Calculated on 2026-11-01· 6705 companies ranked
Metric : net loss for the fiscal year 2018 (negative net profit, displayed as a positive value), from heaviest to lightest. Currency : Amounts converted into US dollars at the exchange rate of the day of calculation; the amount in the currency of the accounts is repeated under each value. Only companies whose data is published are ranked: a missing value excludes the company, it is never replaced by zero or estimated.
#EnterpriseMarketSector Net loss (USD)Revenue
1GE AerospaceGE🇺🇸United StatesIndustrials22,36 billion $97,01 billion $
2MeituanMPNGY🇨🇳ChinaConsumer Cyclical17,36 billion $115,48 billion CN¥9,80 billion $
3The Kraft Heinz CompanyKHC🇺🇸United StatesConsumer Defensive10,19 billion $26,27 billion $
4Newell Brands Inc.NWL🇺🇸United StatesConsumer Defensive6,92 billion $8,63 billion $
5PG&E Corporation0QR3.L🇺🇸United StatesUtilities6,84 billion $16,76 billion $
6Pacific Gas & Electric Co.PCG🇺🇸United StatesUtilities6,84 billion $16,76 billion $
7Pacific Gas and Electric CompanyPCG6.F🇺🇸United StatesUtilities6,84 billion $16,76 billion $
8Corteva, Inc.CTVA🇺🇸United StatesBasic Materials5,07 billion $14,29 billion $
9QUALCOMM IncorporatedQCOM🇺🇸United StatesTechnology4,96 billion $22,73 billion $
10Seadrill LimitedSDRL🇬🇧United KingdomEnergy4,48 billion $1,18 billion $
11Bausch Health Companies Inc.BHC🇨🇦CanadaHealthcare4,15 billion $8,38 billion $
12Rolls-Royce Holdings plcRYCEF🇬🇧United KingdomIndustrials3,20 billion $2,39 Bn£21,07 billion $
13Naturgy Energy Group, S.A.NTGY.MC🇪🇸EuropeUtilities3,16 billion $2,82 Md€27,22 billion $
14Dell Technologies Inc.DELL🇺🇸United StatesTechnology2,85 billion $79,04 billion $
15Weatherford International plcWFRD🇺🇸United StatesEnergy2,81 billion $5,74 billion $
16GLOBALFOUNDRIES Inc.GFS🇺🇸United StatesTechnology2,70 billion $6,20 billion $
17Reliance Communications LimitedRCOM.NS🇮🇳IndiaCommunication Services2,51 billion $238,39 Bn₹483,7 M$
18DiDi Global Inc.DIDIY🇨🇳ChinaTechnology2,34 billion $15,56 billion CN¥21,13 billion $
19EQT CorporationEQT🇺🇸United StatesEnergy2,24 billion $4,74 billion $
20Teva Pharmaceutical Industries LimitedTEVA🇮🇱OthersHealthcare2,15 billion $18,85 billion $
21Cenovus Energy Inc.CVE🇨🇦CanadaEnergy2,07 billion $2,89 Bn CA$14,92 billion $
22Transocean Ltd.RIG🇨🇭EuropeEnergy2,00 billion $3,02 billion $
23Alok Industries LimitedALOKINDS.NS🇮🇳IndiaConsumer Cyclical1,96 billion $185,80 Bn₹580,7 M$
24TechnipFMC plcFTI🇬🇧United KingdomEnergy1,92 billion $12,55 billion $
25Kuaishou TechnologyKUASF🇨🇳ChinaCommunication Services1,87 billion $12,43 billion CN¥3,05 billion $
26Obrascón Huarte Lain, S.A.OHLA.MC🇪🇸EuropeIndustrials1,76 billion $1,58 Md€3,25 billion $
27Range Resources CorporationRRC🇺🇸United StatesEnergy1,75 billion $3,33 billion $
28Lumen Technologies, Inc.LUMN🇺🇸United StatesCommunication Services1,73 billion $23,44 billion $
29Adient plcADNT🇮🇪EuropeConsumer Cyclical1,69 billion $17,44 billion $
30Abengoa, S.A.AGOAF🇪🇸EuropeIndustrials1,68 billion $1,50 Md€1,46 billion $
31Dollar Tree, Inc.DLTR🇺🇸United StatesConsumer Defensive1,59 billion $22,82 billion $
32Telecom Italia S.p.A.TIT.MI🇮🇹EuropeCommunication Services1,58 billion $1,41 Md€21,18 billion $
33Barrick Mining CorporationB🇨🇦CanadaBasic Materials1,54 billion $7,24 billion $
34PDD Holdings Inc.PDD🇮🇪EuropeConsumer Cyclical1,54 billion $10,22 billion CN¥1,97 billion $
35Japan Display Inc.JNNDF🇯🇵JapanTechnology1,52 billion $239,66 Bn¥4,56 billion $
36News CorporationNWS🇺🇸United StatesCommunication Services1,51 billion $9,02 billion $
37Banco Macro S.A.BMA🇦🇷OthersFinancial Services1,50 billion $129,68 billion $
38NIO Inc.NIO🇨🇳ChinaConsumer Cyclical1,45 billion $9,66 billion CN¥744,1 M$
39iQIYI, Inc.IQ🇨🇳ChinaCommunication Services1,37 billion $9,11 billion CN¥3,76 billion $
40Chiyoda CorporationCHYCY🇯🇵JapanIndustrials1,36 billion $214,95 Bn¥2,17 billion $
41Punjab National BankPNB.NS🇮🇳IndiaFinancial Services1,28 billion $121,13 Bn₹6,07 billion $
42Snap Inc.SNAP🇺🇸United StatesCommunication Services1,26 billion $1,18 billion $
43Axiata Group BerhadAXXTF🇲🇾OthersCommunication Services1,24 billion $5,03 Mn RM5,89 billion $
44Advantage Solutions Inc.ADV🇺🇸United StatesCommunication Services1,16 billion $3,71 billion $
45Capricorn Energy PLCCRNZF🇬🇧United KingdomEnergy1,14 billion $410,3 M$
46GAM Holding AGGAM.SW🇨🇭EuropeFinancial Services1,13 billion $929,1 M CHF1,29 billion $
47Coupang, Inc.CPNG🇰🇷KoreaConsumer Cyclical1,10 billion $4,05 billion $
48Tianyu Digital Technology (Dalian) Group Co., Ltd.002354.SZ🇨🇳ChinaTechnology1,07 billion $7,15 billion CN¥390,6 M$
49Tata Teleservices (Maharashtra) LimitedTTML.BO🇮🇳IndiaCommunication Services1,04 billion $98,42 Bn₹196,8 M$
50DENTSPLY SIRONA Inc.XRAY🇺🇸United StatesHealthcare1,01 billion $3,99 billion $
51Public Power Corporation S.A.PPC.AT🇬🇷EuropeUtilities1,01 billion $903,9 M€5,30 billion $
52ZTE CorporationZTCOF🇨🇳ChinaTechnology986,9 M$6,57 billion CN¥12,85 billion $
53Tesla, Inc.TSLA🇺🇸United StatesConsumer Cyclical976,0 M$21,46 billion $
54HJ Shipbuilding & Construction Co., Ltd.097230.KS🇰🇷KoreaIndustrials962,3 M$1 284 Md₩1,27 billion $
55Sea LimitedSE🇸🇬OthersConsumer Cyclical961,2 M$827,0 M$
56AtkinsRéalis Group Inc.SNCAF🇺🇸United StatesIndustrials942,8 M$1,32 Bn CA$7,07 billion $
57Lyft, Inc.LYFT🇺🇸United StatesTechnology911,3 M$2,16 billion $
58Noble Corporation PlcNE🇺🇸United StatesEnergy885,0 M$1,08 billion $
59Korea Electric Power CorporationKEP🇰🇷KoreaUtilities880,3 M$1 174 Md₩45,44 billion $
60Innovent Biologics, Inc.IVBXF🇨🇳ChinaHealthcare867,4 M$5,77 billion CN¥1,4 M$
61Ricoh Company, Ltd.RICOF🇯🇵JapanIndustrials859,1 M$135,37 Bn¥13,09 billion $
62FIH Mobile Limited2038.HK🇹🇼TaiwanTechnology857,1 M$14,93 billion $
63IDBI Bank LimitedIDBI.NS🇮🇳IndiaFinancial Services856,5 M$81,32 Bn₹3,11 billion $
64Massivit 3D Printing Technologies LtdMSVT.TA🇮🇱OthersTechnology840,7 M$2,64 Bn₪1,64 billion $
65Smurfit Westrock PlcSW🇮🇪EuropeConsumer Cyclical826,4 M$739,0 M€11,44 billion $
66SunPower Inc.SPWR🇺🇸United StatesEnergy811,1 M$1,20 billion $
67Community Health Systems, Inc.CYH🇺🇸United StatesHealthcare788,0 M$14,15 billion $
68Alnylam Pharmaceuticals, Inc.ALNY🇺🇸United StatesHealthcare761,5 M$74,9 M$
69Huawen Media Group000793.SZ🇨🇳ChinaCommunication Services749,5 M$4,99 billion CN¥568,8 M$
70Hua Ying Technology (Group) Co.,Ltd.000536.SZ🇨🇳ChinaTechnology746,4 M$4,97 billion CN¥679,0 M$
71GOME Retail Holdings LimitedGMELF🇭🇰Hong KongConsumer Cyclical734,5 M$4,89 billion CN¥9,67 billion $
72Babcock & Wilcox Enterprises, Inc.BW🇺🇸United StatesIndustrials725,3 M$1,06 billion $
73Nyrstar N.V.0RH8.L🇨🇭EuropeBasic Materials691,4 M$618,2 M€4,3 M$
74PJSC Aeroflot - Russian AirlinesAFLT.ME🇷🇺OthersIndustrials674,9 M$54,36 billion ₽7,53 billion $
75BeOne Medicines Ltd.ONC🇰🇾OthersHealthcare673,8 M$198,2 M$
76BeOne Medicines Ltd. Class A688235.SS🇨🇭EuropeHealthcare673,8 M$198,2 M$
77GameStop Corp.GME🇺🇸United StatesConsumer Cyclical673,0 M$8,29 billion $
78Telefonaktiebolaget LM Ericsson (publ)ERIC-B.ST🇸🇪EuropeTechnology664,6 M$6,53 billion SEK21,46 billion $
79Indian Overseas BankIOB.BO🇮🇳IndiaFinancial Services663,5 M$62,99 Bn₹2,19 billion $
80Onex CorporationONEXF🇨🇦CanadaFinancial Services663,0 M$23,79 billion $
81PT GoTo Gojek Tokopedia TbkGOTO.JK🇮🇩OthersTechnology648,4 M$11 750 Tr Rp79,3 M$
82Impala Platinum Holdings LimitedIMPUY🇺🇸United StatesBasic Materials641,0 M$10,68 billion R2,15 billion $
83Nabors Industries Ltd.NBR🇧🇲OthersEnergy640,9 M$3,06 billion $
84Valaris LimitedVAL🇧🇲OthersEnergy639,7 M$1,71 billion $
85Solstad Offshore ASASOFF.OL🇳🇴EuropeIndustrials636,5 M$5,86 M NOK507,7 M$
86Bank of India LimitedBANKINDIA.BO🇮🇳IndiaFinancial Services627,8 M$59,61 Bn₹4,49 billion $
87Melrose Industries PLCMLSPF🇬🇧United KingdomIndustrials625,5 M$467,0 M£10,92 billion $
88ADT Inc.ADT🇺🇸United StatesIndustrials609,2 M$4,58 billion $
89Jilin Liyuan Precision Manufacturing Co., Ltd.002501.SZ🇨🇳ChinaBasic Materials607,1 M$4,04 billion CN¥71,8 M$
90China Yurun Food Group Limited1068.HK🇨🇳ChinaConsumer Defensive606,6 M$4,76 HK$ Bn1,61 billion $
91Elec-Tech International Co., Ltd.002005.SZ🇨🇳ChinaConsumer Cyclical596,2 M$3,97 billion CN¥601,3 M$
92CVS Health CorporationCVS🇺🇸United StatesHealthcare594,0 M$194,58 billion $
93Patanjali Foods LimitedPATANJALI.BO🇮🇳IndiaConsumer Defensive593,8 M$56,38 Bn₹1,26 billion $
94HMM Co.,Ltd011200.KS🇰🇷KoreaIndustrials592,5 M$790,56 Md₩3,91 billion $
95Harvest Oil & Gas Corp.HRST🇺🇸United StatesEnergy586,6 M$249,6 M$
96Det Østasiatiske Kompagni A/SOKEAC.CO🇩🇰EuropeFinancial Services583,7 M$522,0 M€5,0 M$
97Tsinghua Tongfang Co.,Ltd.600100.SS🇨🇳ChinaTechnology583,1 M$3,88 billion CN¥3,73 billion $
98Guangdong Dongfang Precision Science & Technology Co., Ltd.002611.SZ🇨🇳ChinaIndustrials582,5 M$3,88 billion CN¥995,1 M$
99Palantir Technologies Inc.PLTR🇺🇸United StatesTechnology580,0 M$595,4 M$
100Sistema Public Joint Stock Financial CorporationAFKS.ME🇷🇺OthersCommunication Services569,8 M$45,90 billion ₽9,65 billion $
Raw data (JSON)

⚠ Ranking provided for information purposes, based on public data. It does not constitute investment advice. Values may contain source errors and change with financial publications.

Frequently Asked Questions

About this ranking

How is this 2018 ranking established?
It ranks companies by their net loss for the fiscal year 2018, based on annual accounts and published data. No values are estimated: a company without this data is simply excluded.
Are the amounts comparable between countries?
Yes: amounts are converted to US dollars at the exchange rate of the calculation day, and the amount in the account currency is repeated under each value.
Is this ranking investment advice?
No. It is provided purely for informational purposes and does not constitute investment advice. Investing involves the risk of capital loss.

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