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Investlytic Rankings

2026 ranking of companies that lost the most money

Companies showing the largest net loss for the fiscal year 2026, according to their annual accounts.

Share prices and capitalizations at 2026-10-29·Annual accounts for the fiscal year 2026·Calculated on 2026-11-01· 1343 companies ranked
Metric : net loss for the fiscal year 2026 (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
1Ispire Technology Inc.ISPR🇺🇸United StatesConsumer Defensive33,20 billion $96,0 M$
2Lumentum Holdings Inc.LITE🇺🇸United StatesTechnology6,94 billion $3,01 billion $
3Nidec CorporationNJDCY🇯🇵JapanIndustrials3,58 billion $564,62 Bn¥17,19 billion $
4Nissan Motor Co., Ltd.NSANY🇯🇵JapanConsumer Cyclical3,38 billion $533,10 Bn¥76,21 billion $
5Tokyo Electric Power Company Holdings, IncorporatedTKECY🇯🇵JapanUtilities2,88 billion $454,26 Bn¥40,16 billion $
6Honda Motor Co., Ltd.HNDAF🇯🇵JapanConsumer Cyclical2,69 billion $423,94 Bn¥138,33 billion $
7CSL LimitedCSLLY🇦🇺AustraliaHealthcare2,64 billion $16,04 billion $
8Conagra Brands, Inc.CAG🇺🇸United StatesConsumer Defensive1,92 billion $11,28 billion $
9Ubisoft Entertainment S.A.UBI.PA🇫🇷FranceTechnology1,65 billion $1,48 Md€1,56 billion $
10Snowflake Inc.SNOW🇺🇸United StatesTechnology1,33 billion $4,68 billion $
11Reliance Communications LimitedRCOM.NS🇮🇳IndiaCommunication Services1,17 billion $111,25 Bn₹33,1 M$
12ROHM Co., Ltd.ROHCY🇯🇵JapanTechnology1,01 billion $158,42 Bn¥3,05 billion $
13Link Real Estate Investment TrustLKREF🇭🇰Hong KongReal Estate942,9 M$7,40 HK$ Bn1,78 billion $
14Helen of Troy LimitedHELE🇺🇸United StatesConsumer Defensive899,0 M$1,79 billion $
15Cogeco Communications Inc.CGEAF🇨🇦CanadaCommunication Services790,9 M$1,10 Bn CA$2,00 billion $
16Treasury Wine Estates LimitedTSRYY🇦🇺AustraliaConsumer Defensive757,8 M$1,08 Bn AU$1,85 billion $
17Sammaan Capital LimitedSAMMAANCAP.NS🇮🇳IndiaFinancial Services752,5 M$71,45 Bn₹862,6 M$
18Algoma Steel Group Inc.ASTL🇨🇦CanadaBasic Materials705,1 M$984,9 M CA$1,49 billion $
19IREN LimitedIREN🇦🇺AustraliaFinancial Services702,6 M$707,0 M$
20Coty Inc.COTY🇺🇸United StatesConsumer Defensive604,8 M$5,81 billion $
21Embracer Group AB (publ)EMBRAC-B.ST🇸🇪EuropeTechnology592,2 M$5,82 billion SEK1,62 billion $
22Oxford Lane Capital Corp.OXLCI🇺🇸United StatesFinancial Services585,1 M$391,8 M$
23Teijin LimitedTINLY🇯🇵JapanIndustrials558,5 M$88,00 Bn¥5,54 billion $
24Nikon CorporationNINOY🇯🇵JapanConsumer Cyclical546,3 M$86,09 Bn¥4,30 billion $
25Lendlease GroupLLESF🇦🇺AustraliaReal Estate526,6 M$749,0 M AU$3,83 billion $
26StepStone Group Inc.STEP🇺🇸United StatesFinancial Services521,4 M$1,99 billion $
27Eutelsat Communications S.A.ETL.PA🇫🇷FranceTechnology511,4 M$457,3 M€1,38 billion $
28Under Armour, Inc.UAA🇺🇸United StatesConsumer Cyclical495,6 M$4,97 billion $
29Synaptics IncorporatedSYNA🇺🇸United StatesTechnology490,8 M$1,20 billion $
30C3.ai, Inc.AI🇺🇸United StatesTechnology470,4 M$250,3 M$
31SentinelOne, Inc.S🇺🇸United StatesTechnology450,7 M$1,00 billion $
32BigBen InteractiveBIG.PA🇫🇷FranceTechnology441,6 M$394,9 M€318,2 M$
33Vodafone Group Public Limited CompanyVOD🇬🇧United KingdomCommunication Services439,8 M$393,2 M€44,82 billion $
34Swiggy LimitedSWIGGY.NS🇮🇳IndiaConsumer Cyclical437,5 M$41,54 Bn₹2,43 billion $
35Victoria PLCVCCTF🇬🇧United KingdomConsumer Cyclical437,0 M$326,3 M£1,40 billion $
36Orora LimitedORRYY🇦🇺AustraliaConsumer Cyclical433,5 M$616,6 M AU$1,57 billion $
37Nacon S.A.NACON.PA🇫🇷FranceTechnology409,4 M$366,1 M€179,8 M$
38Südzucker AGSZU.DE🇩🇪GermanyConsumer Defensive404,9 M$362,0 M€9,34 billion $
39Rubrik, Inc.RBRK🇺🇸United StatesTechnology348,8 M$1,32 billion $
40Mahanagar Telephone Nigam LimitedMTNL.NS🇮🇳IndiaCommunication Services327,3 M$31,07 Bn₹100,7 M$
41Lai Sun Development Company LimitedLVSDF🇭🇰Hong KongReal Estate305,5 M$2,40 HK$ Bn679,6 M$
42The Hain Celestial Group, Inc.HAIN🇺🇸United StatesConsumer Defensive304,9 M$1,35 billion $
43Bapcor LimitedBAP.AX🇦🇺AustraliaConsumer Cyclical303,5 M$431,6 M AU$1,35 billion $
44Take-Two Interactive Software, Inc.TTWO🇺🇸United StatesTechnology298,2 M$6,66 billion $
45Nine Entertainment Co. Holdings LimitedNNMTF🇦🇺AustraliaCommunication Services297,9 M$423,7 M AU$1,54 billion $
46Healius LimitedHLS.AX🇦🇺AustraliaHealthcare292,2 M$415,6 M AU$965,5 M$
47SailPoint, Inc.SAIL🇺🇸United StatesTechnology270,1 M$1,07 billion $
48AeroVironment, Inc.AVAV🇺🇸United StatesIndustrials265,1 M$1,98 billion $
49SEEK LimitedSKLTY🇦🇺AustraliaIndustrials261,1 M$371,3 M AU$902,9 M$
50Unitech LimitedUNITECH.BO🇮🇳IndiaReal Estate258,6 M$24,56 Bn₹53,9 M$
51Mitsubishi Gas Chemical Company, Inc.4182.T🇯🇵JapanBasic Materials255,9 M$40,32 Bn¥4,69 billion $
52InterGlobe Aviation LimitedINDIGO.NS🇮🇳IndiaIndustrials251,9 M$23,92 Bn₹8,95 billion $
53Planet Labs PBCPL🇺🇸United StatesIndustrials246,9 M$307,7 M$
54Upexi, Inc.UPXI🇺🇸United StatesCommunication Services246,1 M$25,0 M$
55Soitec S.A.SOI.PA🇫🇷FranceTechnology246,0 M$220,0 M€662,1 M$
56Applied Digital CorporationAPLD🇺🇸United StatesTechnology244,0 M$611,3 M$
57Cogeco Inc.CGECF🇨🇦CanadaCommunication Services243,8 M$340,5 M CA$2,07 billion $
58Asia Standard International Group LimitedASASF🇭🇰Hong KongFinancial Services237,3 M$1,86 HK$ Bn807,3 M$
59KMD Brands LimitedKMD.AX🇳🇿OthersConsumer Cyclical234,3 M$416,0 M NZ$593,2 M$
60Bioceres Crop Solutions Corp.BIOX🇦🇷OthersBasic Materials230,3 M$237,8 M$
61Columbus McKinnon CorporationCMCO🇺🇸United StatesIndustrials229,5 M$1,19 billion $
62Critical Metals Corp.CRMLW🇺🇸United StatesBasic Materials228,2 M$1,9 M$
63ChargePoint Holdings, Inc.CHPT🇺🇸United StatesConsumer Cyclical220,2 M$411,2 M$
64The Star Entertainment Group LimitedEHGRF🇦🇺AustraliaConsumer Cyclical216,1 M$307,3 M AU$732,1 M$
65Tata Chemicals LimitedTATACHEM.BO🇮🇳IndiaBasic Materials199,7 M$18,96 Bn₹1,54 billion $
66Lionsgate Studios Corp.LION🇺🇸United StatesCommunication Services198,3 M$2,63 billion $
67Myer Holdings LimitedMYR.AX🇦🇺AustraliaConsumer Cyclical194,4 M$276,5 M AU$2,37 billion $
68Ola Electric Mobility LimitedOLAELEC.NS🇮🇳IndiaConsumer Cyclical193,0 M$18,33 Bn₹237,3 M$
69Asana, Inc.ASAN🇺🇸United StatesTechnology189,0 M$790,8 M$
70Canopy Growth CorporationCGC🇨🇦CanadaHealthcare188,2 M$262,9 M CA$203,8 M$
71NGL Energy Partners LPNGL🇺🇸United StatesEnergy180,2 M$3,16 billion $
72Lai Sun Garment (International) Limited0191.HK🇭🇰Hong KongReal Estate177,1 M$1,39 HK$ Bn692,7 M$
73CleanCore Solutions, Inc.ZONE🇺🇸United StatesIndustrials174,2 M$3,4 M$
74Landis+Gyr Group AGLAND.SW🇨🇭EuropeIndustrials168,9 M$1,17 billion $
75Starz Entertainment Corp.STRZ🇨🇦CanadaCommunication Services164,9 M$306,9 M$
76CrowdStrike Holdings, Inc.CRWD🇺🇸United StatesTechnology162,5 M$4,81 billion $
77ServiceTitan, Inc.TTAN🇺🇸United StatesTechnology159,9 M$961,0 M$
78Zeta Network GroupZNB🇺🇸United StatesCommunication Services157,5 M$28,4 M$
79The Simply Good Foods CompanySMPL🇺🇸United StatesConsumer Defensive155,9 M$1,36 billion $
80HIVE Digital Technologies Ltd.HIVE🇺🇸United StatesFinancial Services148,4 M$297,8 M$
81Lightspeed Commerce Inc.LSPD🇨🇦CanadaTechnology144,4 M$1,23 billion $
824DMedical LimitedFDMDF🇦🇺AustraliaHealthcare143,7 M$204,4 M AU$5,0 M$
83Skillsoft Corp.SKIL🇺🇸United StatesConsumer Defensive139,8 M$512,7 M$
84America's Car-Mart, Inc.CRMT🇺🇸United StatesConsumer Cyclical139,2 M$1,28 billion $
85The J. M. Smucker CompanySJM🇺🇸United StatesConsumer Defensive138,7 M$9,05 billion $
86Uranium Energy Corp.UEC🇺🇸United StatesEnergy137,3 M$37,2 M$
87Air New Zealand LimitedANZFF🇳🇿OthersIndustrials136,3 M$242,0 M NZ$3,95 billion $
88BGR Energy Systems LimitedBGRENERGY.BO🇮🇳IndiaIndustrials135,7 M$12,88 Bn₹31,6 M$
891-800-FLOWERS.COM, Inc.FLWS🇺🇸United StatesConsumer Cyclical134,8 M$1,50 billion $
90Osaka Steel Co., Ltd.OSKXF🇯🇵JapanBasic Materials133,6 M$21,05 Bn¥603,5 M$
91KESTRA MEDICAL TECHNOLOGIES, LTD.KMTS🇺🇸United StatesHealthcare131,6 M$95,1 M$
92Braze, Inc.BRZE🇺🇸United StatesTechnology131,3 M$738,2 M$
93Johnson Matthey PlcJMAT.L🇬🇧United KingdomBasic Materials128,6 M$96,0 M£16,84 billion $
94Ansal Properties & Infrastructure LimitedANSALAPI.NS🇮🇳IndiaReal Estate127,6 M$12,12 Bn₹80,2 M$
95Japan Display Inc.JNNDF🇯🇵JapanTechnology125,7 M$19,81 Bn¥839,8 M$
96Shimmick Corporation Common StockSHIM🇺🇸United StatesIndustrials124,7 M$480,2 M$
97Tilray Brands, Inc.TLRY🇨🇦CanadaHealthcare122,6 M$915,5 M$
98Utkarsh Small Finance Bank LimitedUTKARSHBNK.BO🇮🇳IndiaFinancial Services121,2 M$11,51 Bn₹401,2 M$
99Jindal Poly Films LimitedJINDALPOLY.BO🇮🇳IndiaBasic Materials111,8 M$10,62 Bn₹305,4 M$
100Far East Consortium International LimitedFRTCF🇭🇰Hong KongReal Estate108,1 M$847,9 M HK$862,5 M$
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 2026 ranking established?
It ranks companies by their net loss for the fiscal year 2026, 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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