Investlytic Rankings

2022 ranking of companies that lost the most money

Companies showing the largest net loss for the fiscal year 2022, according to their annual accounts.

Share prices and capitalizations at 2026-10-29·Annual accounts for the fiscal year 2022·Calculated on 2026-11-01· 9185 companies ranked
Metric : net loss for the fiscal year 2022 (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
1Berkshire Hathaway Inc.BRK-B🇺🇸United StatesFinancial Services22,76 billion $234,12 billion $
2Uniper SEUN0.DE🇩🇪GermanyUtilities21,25 billion $19,00 Md€306,57 billion $
3Korea Electric Power CorporationKEP🇰🇷KoreaUtilities18,31 billion $24 429 Md₩53,41 billion $
4Fidelity National Information Services, Inc.FIS🇺🇸United StatesTechnology16,72 billion $9,72 billion $
5China Evergrande GroupEGRNF🇨🇳ChinaReal Estate15,92 billion $105,91 billion CN¥34,58 billion $
6Teladoc Health, Inc.TDOC🇺🇸United StatesHealthcare13,66 billion $2,41 billion $
7SoftBank Group Corp.SFTBF🇯🇵JapanCommunication Services10,84 billion $1 708 Bn¥39,48 billion $
8Uber Technologies, Inc.UBER🇺🇸United StatesTechnology9,14 billion $31,88 billion $
9AT&T Inc.T🇺🇸United StatesCommunication Services8,52 billion $120,74 billion $
10VTB Bank (public joint-stock company)VTBR.ME🇷🇺OthersFinancial Services7,69 billion $619,50 billion ₽18,51 billion $
11Warner Bros. Discovery, Inc.WBD🇺🇸United StatesCommunication Services7,37 billion $33,82 billion $
12Rivian Automotive, Inc.RIVN🇺🇸United StatesConsumer Cyclical6,75 billion $1,66 billion $
13Carnival Corporation & plcCCL🇺🇸United StatesConsumer Cyclical6,09 billion $12,17 billion $
14Air China LimitedAICAF🇨🇳ChinaIndustrials5,80 billion $38,62 billion CN¥7,95 billion $
15China Eastern Airlines Corporation LimitedCHEAF🇨🇳ChinaIndustrials5,61 billion $37,36 billion CN¥6,96 billion $
16GRAIL, Inc.GRAL🇺🇸United StatesHealthcare5,40 billion $55,5 M$
17The Boeing CompanyBA🇺🇸United StatesIndustrials4,93 billion $66,61 billion $
18China Southern Airlines Company LimitedCHKIF🇨🇳ChinaIndustrials4,91 billion $32,68 billion CN¥13,08 billion $
19China Evergrande New Energy Vehicle Group LimitedEVGRF🇨🇳ChinaHealthcare4,83 billion $32,17 billion CN¥23,4 M$
20Tonner Drones S.A.ALTD.PA🇫🇷FranceIndustrials4,50 billion $4,03 Md€5,24 billion $
21EmeisEMEIS.PA🇫🇷FranceHealthcare4,50 billion $4,03 Md€5,24 billion $
22Orpea S.A.ORPEF🇫🇷FranceHealthcare4,50 billion $4,03 Md€5,24 billion $
23Illumina, Inc.ILMN🇺🇸United StatesHealthcare4,40 billion $4,58 billion $
24BullishBLSH🇰🇾OthersTechnology4,25 billion $72,90 billion $
25Sunac China Holdings Limited1918.HK🇨🇳ChinaReal Estate4,16 billion $27,67 billion CN¥14,54 billion $
26Clarivate PlcCLVT🇬🇧United KingdomTechnology3,96 billion $2,66 billion $
27Phoenix Group Holdings plcPNXGF🇬🇧United KingdomFinancial Services3,65 billion $2,72 Bn£41,34 billion $
28DiDi Global Inc.DIDIY🇨🇳ChinaTechnology3,64 billion $24,20 billion CN¥21,53 billion $
29Bio-Rad Laboratories, Inc.BIO🇺🇸United StatesHealthcare3,63 billion $2,80 billion $
30Shopify Inc.SHOP🇨🇦CanadaTechnology3,46 billion $5,60 billion $
31Delivery Hero SEDHER.DE🇩🇪GermanyConsumer Cyclical3,33 billion $2,98 Md€9,59 billion $
32Telecom Italia S.p.A.TIT.MI🇮🇹EuropeCommunication Services3,27 billion $2,92 Md€17,66 billion $
33Shimao Group Holdings LimitedSIOPF🇭🇰Hong KongReal Estate3,23 billion $21,49 billion CN¥9,47 billion $
34Jinke Property Group Co., Ltd.000656.SZ🇨🇳ChinaReal Estate3,22 billion $21,39 billion CN¥8,25 billion $
35Hainan Airlines Holding Co., Ltd.600221.SS🇨🇳ChinaIndustrials3,04 billion $20,25 billion CN¥3,44 billion $
36GOME Retail Holdings LimitedGMELF🇭🇰Hong KongConsumer Cyclical3,00 billion $19,96 billion CN¥2,62 billion $
37Vodafone Idea LimitedIDEA.BO🇮🇳IndiaCommunication Services2,97 billion $282,45 Bn₹4,05 billion $
38Sino-Ocean Group Holding LimitedSIOLF🇨🇳ChinaReal Estate2,86 billion $19,04 billion CN¥6,93 billion $
39Peloton Interactive, Inc.PTON🇺🇸United StatesConsumer Cyclical2,83 billion $3,58 billion $
40RiseSun Real Estate Development Co.,Ltd002146.SZ🇨🇳ChinaReal Estate2,77 billion $18,44 billion CN¥4,78 billion $
41Safran S.A.SAF.PA🇫🇷FranceIndustrials2,75 billion $2,46 Md€21,83 billion $
42GE Vernova Inc.GEV🇺🇸United StatesUtilities2,74 billion $29,65 billion $
43Amazon.com, Inc.AMZN🇺🇸United StatesConsumer Cyclical2,72 billion $513,98 billion $
44Coinbase Global, Inc.COIN🇺🇸United StatesFinancial Services2,62 billion $3,19 billion $
45SEGRO PlcSEGXF🇬🇧United KingdomReal Estate2,58 billion $1,93 Bn£896,0 M$
46BP p.l.c.BP🇬🇧United KingdomEnergy2,48 billion $240,86 billion $
47Vend Marketplaces AsaSBBTF🇳🇴EuropeCommunication Services2,45 billion $22,58 M NOK1,65 billion $
48Suning.com Co., Ltd.002024.SZ🇨🇳ChinaConsumer Cyclical2,44 billion $16,22 billion CN¥10,73 billion $
49Americanas S.A.AMER3.SA🇧🇷OthersConsumer Cyclical2,44 billion $13,22 billion R$4,76 billion $
50Baxter International Inc.BAX🇺🇸United StatesHealthcare2,43 billion $10,06 billion $
51Rakuten Group, Inc.RKUNY🇯🇵JapanConsumer Cyclical2,37 billion $372,88 Bn¥12,24 billion $
52Guangzhou R&F Properties Co., Ltd.GZUHF🇨🇳ChinaReal Estate2,37 billion $15,74 billion CN¥5,29 billion $
53Teva Pharmaceutical Industries LimitedTEVA🇮🇱OthersHealthcare2,35 billion $14,93 billion $
54Canopy Growth CorporationCGC🇨🇦CanadaHealthcare2,35 billion $3,28 Bn CA$238,6 M$
55Kyndryl Holdings, Inc.KD🇺🇸United StatesTechnology2,30 billion $18,66 billion $
56LG Display Co., Ltd.LPL🇰🇷KoreaTechnology2,30 billion $3 072 Md₩19,60 billion $
57Norwegian Cruise Line Holdings Ltd.NCLH🇺🇸United StatesConsumer Cyclical2,27 billion $4,84 billion $
58PT GoTo Gojek Tokopedia TbkGOTO.JK🇮🇩OthersTechnology2,23 billion $40 408 Tr Rp626,3 M$
59NIO Inc.NIO🇨🇳ChinaConsumer Cyclical2,19 billion $14,56 billion CN¥7,40 billion $
60Royal Caribbean Cruises Ltd.RCL🇺🇸United StatesConsumer Cyclical2,16 billion $8,84 billion $
61Core Scientific, Inc.CORZ🇺🇸United StatesTechnology2,15 billion $640,3 M$
62Core Scientific Inc NewCORZR🇺🇸United StatesTechnology2,15 billion $640,3 M$
63Ginkgo Bioworks Holdings, Inc.DNA🇺🇸United StatesHealthcare2,10 billion $477,7 M$
64Agile Group Holdings LimitedAGPYY🇨🇳ChinaReal Estate2,10 billion $13,99 billion CN¥8,12 billion $
65Kuaishou TechnologyKUASF🇨🇳ChinaCommunication Services2,06 billion $13,69 billion CN¥14,15 billion $
66VinFast Auto Ltd.VFS🇻🇳OthersConsumer Cyclical2,05 billion $52 888 Bn₫539,9 M$
67Jiangxi Zhengbang Technology Co.Ltd.002157.SZ🇨🇳ChinaConsumer Defensive2,01 billion $13,39 billion CN¥2,17 billion $
68BeOne Medicines Ltd.ONC🇰🇾OthersHealthcare2,00 billion $1,42 billion $
69BeOne Medicines Ltd. Class A688235.SS🇨🇭EuropeHealthcare2,00 billion $1,42 billion $
70Ford Motor CompanyF🇺🇸United StatesConsumer Cyclical1,98 billion $158,06 billion $
71Kaisa Group Holdings Ltd.1638.HK🇨🇳ChinaReal Estate1,96 billion $13,06 billion CN¥3,82 billion $
72Apollo Global Management, Inc.APO🇺🇸United StatesFinancial Services1,96 billion $10,97 billion $
73CIFI Holdings (Group) Co. Ltd.0884.HK🇨🇳ChinaReal Estate1,94 billion $12,94 billion CN¥7,13 billion $
74Zhenro Properties Group Limited6158.HK🇨🇳ChinaReal Estate1,94 billion $12,88 billion CN¥3,89 billion $
75International Flavors & Fragrances Inc.IFF🇺🇸United StatesBasic Materials1,87 billion $12,44 billion $
76Paysafe LimitedPSFE🇬🇧United KingdomTechnology1,86 billion $1,50 billion $
77Yuzhou Group Holdings Company Limited1628.HK🇨🇳ChinaReal Estate1,81 billion $12,01 billion CN¥4,02 billion $
78Koninklijke Philips N.V.PHIA.AS🇳🇱EuropeHealthcare1,80 billion $1,61 Md€19,94 billion $
79Vestas Wind Systems A/SVWS.CO🇩🇰EuropeIndustrials1,76 billion $1,57 Md€16,20 billion $
80Adler Group S.A.ADJ.DE🇱🇺EuropeReal Estate1,74 billion $1,56 Md€821,4 M$
81Aurora Innovation, Inc.AUR🇺🇸United StatesTechnology1,72 billion $68,0 M$
82Rolls-Royce Holdings plcRYCEF🇬🇧United KingdomIndustrials1,70 billion $1,27 Bn£18,11 billion $
83Ronshine China Holdings Limited3301.HK🇨🇳ChinaReal Estate1,69 billion $11,23 billion CN¥4,52 billion $
84Grab Holdings LimitedGRAB🇸🇬OthersTechnology1,68 billion $1,43 billion $
85Sea LimitedSE🇸🇬OthersConsumer Cyclical1,65 billion $12,45 billion $
86Prudential Financial, Inc.PRU🇺🇸United StatesFinancial Services1,65 billion $56,99 billion $
87Shenzhen Overseas Chinese Town Co.,Ltd.000069.SZ🇨🇳ChinaConsumer Cyclical1,64 billion $10,90 billion CN¥11,54 billion $
88Massivit 3D Printing Technologies LtdMSVT.TA🇮🇱OthersTechnology1,63 billion $5,10 Bn₪1,36 billion $
89Carvana Co.CVNA🇺🇸United StatesConsumer Cyclical1,59 billion $13,60 billion $
90Lyft, Inc.LYFT🇺🇸United StatesTechnology1,58 billion $4,10 billion $
91Sands China Ltd.SCHYF🇲🇴OthersConsumer Cyclical1,58 billion $1,60 billion $
92Lumen Technologies, Inc.LUMN🇺🇸United StatesCommunication Services1,55 billion $17,48 billion $
93SCOR SeSCR.PA🇫🇷FranceFinancial Services1,55 billion $1,38 Md€18,38 billion $
94Whirlpool CorporationWHR🇺🇸United StatesConsumer Cyclical1,52 billion $19,72 billion $
95Manulife Financial CorporationMFC🇺🇸United StatesFinancial Services1,50 billion $2,10 Bn CA$16,91 billion $
96Times China Holdings LimitedTMPPF🇨🇳ChinaReal Estate1,48 billion $9,86 billion CN¥3,67 billion $
97MicroStrategy IncorporatedMSTR🇺🇸United StatesTechnology1,47 billion $499,3 M$
98Telia Company AB (publ)TELIA.ST🇸🇪EuropeCommunication Services1,44 billion $14,16 billion SEK9,24 billion $
99Snap Inc.SNAP🇺🇸United StatesCommunication Services1,43 billion $4,60 billion $
100KWG Group Holdings LimitedKWGPF🇨🇳ChinaReal Estate1,39 billion $9,24 billion CN¥2,02 billion $

⚠ 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 2022 ranking established?
It ranks companies by their net loss for the fiscal year 2022, 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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