Top Public Companies by Net Loss
Public companies with the largest reported net losses from their most recent 10-K filing.
Rankings are based on the most recent full fiscal year (FY) value reported in each company's 10-K annual filing with the SEC. Only companies with XBRL-tagged financial data are included. All figures are as reported — negative values indicate a loss. Use the metric tabs to compare across revenue, net income, assets, and more.
Revenue
Net Income
Net Loss
Total Assets
Cash & Equivalents
Long-Term Debt
Profit Margin
Return on Assets
| # | Company | Industry | Net Loss | FY |
|---|---|---|---|---|
| 1 |
Day One Biopharmaceuticals, Inc.
DAWN
NASDAQ
|
Pharmaceutical Preparations | ($72.75B) | FY2025 |
| 2 |
EchoStar CORP
SATS
NASDAQ
|
Communications Services, NEC | ($14.50B) | FY2025 |
| 3 |
iShares Bitcoin Trust ETF
IBIT
NASDAQ
|
Commodity Contracts Brokers &... | ($8.97B) | FY2025 |
| 4 |
Liberty Global Ltd.
LBTYK
NASDAQ
|
Cable & Other Pay Television S... | ($7.14B) | FY2025 |
| 5 |
CENTENE CORP
CNC
NYSE
|
Hospital & Medical Service Pla... | ($6.67B) | FY2025 |
| 6 |
Kraft Heinz Co
KHC
NASDAQ
|
Canned, Frozen & Preservd Frui... | ($5.85B) | FY2025 |
| 7 |
TAKE TWO INTERACTIVE SOFTWARE INC
TTWO
NASDAQ
|
Services-Prepackaged Software | ($4.48B) | FY2025 |
| 8 |
Strategy Inc
STRK
NASDAQ
|
Finance Services | ($3.85B) | FY2025 |
| 9 |
Rivian Automotive, Inc. / DE
RIVN
NASDAQ
|
Motor Vehicles & Passenger Car... | ($3.65B) | FY2025 |
| 10 |
Blackstone Real Estate Income Trust, Inc.
BSTT
OTC
|
Real Estate Investment Trusts | ($3.28B) | FY2025 |
| 11 |
Liberty Broadband Corp
LBRDP
NASDAQ
|
Cable & Other Pay Television S... | ($3.17B) | FY2025 |
| 12 |
Alight, Inc. / Delaware
ALIT
NYSE
|
Services-Business Services, NE... | ($3.10B) | FY2025 |
| 13 |
Transocean Ltd.
RIG
NYSE
|
Drilling Oil & Gas Wells | ($2.92B) | FY2025 |
| 14 |
Spirit Aviation Holdings, Inc.
FLYYQ
OTC
|
Air Transportation, Scheduled | ($2.83B) | FY2025 |
| 15 |
Moderna, Inc.
MRNA
NASDAQ
|
Biological Products, (No Diagn... | ($2.82B) | FY2025 |
| 16 |
Lucid Group, Inc.
LCID
NASDAQ
|
Motor Vehicles & Passenger Car... | ($2.70B) | FY2025 |
| 17 |
QVC Group, Inc.
QVCGP
NASDAQ
|
Retail-Catalog & Mail-Order Ho... | ($2.44B) | FY2025 |
| 18 |
INTERNATIONAL PAPER CO /NEW/
INPAP
OTC
|
Paper Mills | ($2.38B) | FY2025 |
| 19 |
iShares Ethereum Trust ETF
ETHA
NASDAQ
|
Commodity Contracts Brokers &... | ($2.32B) | FY2025 |
| 20 |
Tilray Brands, Inc.
TLRY
NASDAQ
|
Medicinal Chemicals & Botanica... | ($2.19B) | FY2025 |
| 21 |
QVC INC
QVCC
NYSE
|
Retail-Catalog & Mail-Order Ho... | ($2.17B) | FY2025 |
| 22 |
MOLSON COORS BEVERAGE CO
TAP-A
NYSE
|
Malt Beverages | ($2.14B) | FY2025 |
| 23 |
Beneficient
BENFW
NASDAQ
|
Finance Services | ($2.10B) | FY2024 |
| 24 |
StubHub Holdings, Inc.
STUB
NYSE
|
Services-Miscellaneous Amuseme... | ($1.91B) | FY2025 |
| 25 |
Optimum Communications, Inc.
OPTU
NYSE
|
Cable & Other Pay Television S... | ($1.87B) | FY2025 |
| 26 |
Lumen Technologies, Inc.
LUMN
NYSE
|
Telephone Communications (No R... | ($1.74B) | FY2025 |
| 27 |
GOODYEAR TIRE & RUBBER CO /OH/
GT
NASDAQ
|
Tires & Inner Tubes | ($1.72B) | FY2025 |
| 28 |
FMC CORP
FMC
NYSE
|
Chemicals & Allied Products | ($1.72B) | FY2025 |
| 29 |
Sandisk Corp
SNDK
NASDAQ
|
Computer Storage Devices | ($1.64B) | FY2025 |
| 30 |
PLUG POWER INC
PLUG
NASDAQ
|
Electrical Industrial Apparatu... | ($1.63B) | FY2025 |
| 31 |
WOLFSPEED, INC.
WOLF
NYSE
|
Semiconductors & Related Devic... | ($1.61B) | FY2025 |
| 32 |
Six Flags Entertainment Corporation/NEW
FUN
NYSE
|
Services-Amusement & Recreatio... | ($1.60B) | FY2025 |
| 33 |
WESTLAKE CORP
WLK
NYSE
|
Industrial Organic Chemicals | ($1.51B) | FY2025 |
| 34 |
CLEVELAND-CLIFFS INC.
CLF
NYSE
|
Metal Mining | ($1.48B) | FY2025 |
| 35 |
ALEXANDRIA REAL ESTATE EQUITIES, INC.
ARE
NYSE
|
Real Estate Investment Trusts | ($1.43B) | FY2025 |
| 36 |
PERRIGO Co plc
PRGO
NYSE
|
Pharmaceutical Preparations | ($1.43B) | FY2025 |
| 37 |
Equitable Holdings, Inc.
EQH-PC
NYSE
|
Insurance Agents, Brokers & Se... | ($1.38B) | FY2025 |
| 38 |
Snowflake Inc.
SNOW
NYSE
|
Services-Prepackaged Software | ($1.33B) | FY2026 |
| 39 |
QWEST CORP
CTDD
NYSE
|
Telephone Communications (No R... | ($1.33B) | FY2025 |
| 40 |
MARA Holdings, Inc.
MARA
NASDAQ
|
Finance Services | ($1.31B) | FY2025 |
| 41 |
Opendoor Technologies Inc.
OPENZ
NASDAQ
|
Real Estate Agents & Managers... | ($1.30B) | FY2025 |
| 42 |
Concentrix Corp
CNXC
NASDAQ
|
Services-Business Services, NE... | ($1.28B) | FY2025 |
| 43 |
INSMED Inc
INSM
NASDAQ
|
Pharmaceutical Preparations | ($1.28B) | FY2025 |
| 44 |
Figma, Inc.
FIG
NYSE
|
Services-Prepackaged Software | ($1.25B) | FY2025 |
| 45 |
J M SMUCKER Co
SJM
NYSE
|
Canned, Fruits, Veg, Preserves... | ($1.23B) | FY2025 |
| 46 |
Grayscale Ethereum Staking ETF
ETHE
NYSE
|
Commodity Contracts Brokers &... | ($1.23B) | FY2025 |
| 47 |
Ralliant Corp
RAL
NYSE
|
Industrial Instruments For Mea... | ($1.22B) | FY2025 |
| 48 |
Enovis CORP
ENOV
NYSE
|
Orthopedic, Prosthetic & Surgi... | ($1.18B) | FY2025 |
| 49 |
Capri Holdings Ltd
CPRI
NYSE
|
Leather & Leather Products | ($1.18B) | FY2025 |
| 50 |
CoreWeave, Inc.
CRWV
NASDAQ
|
Services-Prepackaged Software | ($1.17B) | FY2025 |
| 51 |
Celanese Corp
CE
NYSE
|
Plastic Material, Synth Resin/... | ($1.17B) | FY2025 |
| 52 |
Ark 21Shares Bitcoin ETF
ARKB
CBOE
|
Commodity Contracts Brokers &... | ($1.15B) | FY2025 |
| 53 |
QuidelOrtho Corp
QDEL
NASDAQ
|
In Vitro & In Vivo Diagnostic... | ($1.13B) | FY2025 |
| 54 |
Revolution Medicines, Inc.
RVMDW
NASDAQ
|
Biological Products, (No Diagn... | ($1.13B) | FY2025 |
| 55 |
Acadia Healthcare Company, Inc.
ACHC
NASDAQ
|
Services-Specialty Outpatient... | ($1.10B) | FY2025 |
| 56 |
ACCENDRA HEALTH INC/VA/
ACH
NYSE
|
Wholesale-Medical, Dental & Ho... | ($1.10B) | FY2025 |
| 57 |
NEOGEN CORP
NEOG
NASDAQ
|
In Vitro & In Vivo Diagnostic... | ($1.09B) | FY2025 |
| 58 |
Summit Therapeutics Inc.
SMMT
NASDAQ
|
Pharmaceutical Preparations | ($1.08B) | FY2025 |
| 59 |
Roblox Corp
RBLX
NYSE
|
Services-Prepackaged Software | ($1.07B) | FY2025 |
| 60 |
Xerox Holdings Corp
XRXDW
NASDAQ
|
Computer Peripheral Equipment,... | ($1.03B) | FY2025 |
| 61 |
Chime Financial, Inc.
CHYM
NASDAQ
|
Finance Services | ($1.01B) | FY2025 |
| 62 |
TechTarget, Inc.
TTGT
NASDAQ
|
Telegraph & Other Message Comm... | ($1.01B) | FY2025 |
| 63 |
Fortrea Holdings Inc.
FTRE
NASDAQ
|
Services-Medical Laboratories | ($986.20M) | FY2025 |
| 64 |
Eos Energy Enterprises, Inc.
EOSE
NASDAQ
|
Miscellaneous Electrical Machi... | ($969.65M) | FY2025 |
| 65 |
BAXTER INTERNATIONAL INC
BAX
NYSE
|
Surgical & Medical Instruments... | ($957.00M) | FY2025 |
| 66 |
Joby Aviation, Inc.
JOBY-WT
NYSE
|
Aircraft | ($929.84M) | FY2025 |
| 67 |
AVIS BUDGET GROUP, INC.
CAR
NASDAQ
|
Services-Auto Rental & Leasing... | ($889.00M) | FY2025 |
| 68 |
PENN Entertainment, Inc.
PENN
NASDAQ
|
Hotels & Motels | ($843.10M) | FY2025 |
| 69 |
Cipher Digital Inc.
CIFR
NASDAQ
|
Finance Services | ($822.24M) | FY2025 |
| 70 |
Aurora Innovation, Inc.
AUROW
NASDAQ
|
Services-Computer Integrated S... | ($816.00M) | FY2025 |
| 71 |
CYTOKINETICS INC
CYTK
NASDAQ
|
Pharmaceutical Preparations | ($784.96M) | FY2025 |
| 72 |
Vaxcyte, Inc.
PCVX
NASDAQ
|
Biological Products, (No Diagn... | ($766.63M) | FY2025 |
| 73 |
HERTZ GLOBAL HOLDINGS, INC
HTZWW
NASDAQ
|
Services-Auto Rental & Leasing... | ($747.00M) | FY2025 |
| 74 |
BETA Technologies, Inc.
BETA
NYSE
|
Aircraft | ($745.87M) | FY2025 |
| 75 |
Biohaven Ltd.
BHVN
NYSE
|
Pharmaceutical Preparations | ($738.82M) | FY2025 |
| 76 |
Sharplink, Inc.
SBET
NASDAQ
|
Finance Services | ($734.59M) | FY2025 |
| 77 |
TELEFLEX INC
TFX
NYSE
|
Surgical & Medical Instruments... | ($714.33M) | FY2025 |
| 78 |
Kosmos Energy Ltd.
KOS
NYSE
|
Crude Petroleum & Natural Gas | ($699.79M) | FY2025 |
| 79 |
Vor Biopharma Inc.
VOR
NASDAQ
|
Biological Products, (No Diagn... | ($695.98M) | FY2025 |
| 80 |
Bumble Inc.
BMBL
NASDAQ
|
Services-Computer Programming,... | ($693.14M) | FY2025 |
| 81 |
Starwood Real Estate Income Trust, Inc.
SWDR
OTC
|
Real Estate Investment Trusts | ($691.62M) | FY2025 |
| 82 |
Netskope Inc
NTSK
NASDAQ
|
Services-Prepackaged Software | ($679.39M) | FY2026 |
| 83 |
Riot Platforms, Inc.
RIOT
NASDAQ
|
Finance Services | ($663.18M) | FY2025 |
| 84 |
TERAWULF INC.
WULF
NASDAQ
|
Finance Services | ($661.42M) | FY2025 |
| 85 |
Bally's Corp
BALY
NYSE
|
Hotels & Motels | ($650.07M) | FY2025 |
| 86 |
RECURSION PHARMACEUTICALS, INC.
RXRX
NASDAQ
|
Biological Products, (No Diagn... | ($644.76M) | FY2025 |
| 87 |
AMC ENTERTAINMENT HOLDINGS, INC.
AMC
NYSE
|
Services-Motion Picture Theate... | ($632.40M) | FY2025 |
| 88 |
VS Trust
UVIX
CBOE
|
Commodity Contracts Brokers &... | ($623.54M) | FY2025 |
| 89 |
JELD-WEN Holding, Inc.
JELD
NYSE
|
Millwood, Veneer, Plywood, & S... | ($621.21M) | FY2025 |
| 90 |
Archer Aviation Inc.
ACHR-WT
NYSE
|
Aircraft | ($618.20M) | FY2025 |
| 91 |
WORLD KINECT CORP
WKC
NYSE
|
Wholesale-Petroleum & Petroleu... | ($614.40M) | FY2025 |
| 92 |
Liberty Latin America Ltd.
LILAB
OTC
|
Cable & Other Pay Television S... | ($611.20M) | FY2025 |
| 93 |
JETBLUE AIRWAYS CORP
JBLU
NASDAQ
|
Air Transportation, Scheduled | ($602.00M) | FY2025 |
| 94 |
Canopy Growth Corp
CGC
NASDAQ
|
Medicinal Chemicals & Botanica... | ($598.12M) | FY2025 |
| 95 |
DENTSPLY SIRONA Inc.
XRAY
NASDAQ
|
Dental Equipment & Supplies | ($598.00M) | FY2025 |
| 96 |
Paramount Skydance Corp
PSKY
NASDAQ
|
Television Broadcasting Statio... | ($586.00M) | FY2025 |
| 97 |
Kodiak AI, Inc.
KDKRW
NASDAQ
|
Services-Computer Integrated S... | ($585.53M) | FY2025 |
| 98 |
Gemini Space Station, Inc.
GEMI
NASDAQ
|
Finance Services | ($582.81M) | FY2025 |
| 99 |
CRISPR Therapeutics AG
CRSP
NASDAQ
|
Biological Products, (No Diagn... | ($581.60M) | FY2025 |
| 100 |
NET Power Inc.
NPWR-WT
NYSE
|
Electrical Industrial Apparatu... | ($578.63M) | FY2025 |