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2025 Sees Record 717 U.S. Corporate Bankruptcies

1/4/2026

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Story summary
  • In 2025, U.S. corporate bankruptcies reached 717 filings, up 14% from 2024 and the highest since the Great Recession.
  • The manufacturing sector lost over 70,000 jobs as tariffs and inflation raised costs.
  • Notable bankruptcies included Rite Aid and 23andMe.
  • In the first half of 2025, 17 “mega bankruptcies” occurred, signaling strain on consumer discretionary firms as inflation eases but price pressures persist.