Almost 8 out of 10 Ukrainian companies ended 2025 with a profit, according to financial reporting data. Out of 222,000 businesses, every fifth company turned out to be loss-making. The largest share of profitable companies was among medium-sized businesses, while small businesses proved to be the most profitable: half of such companies earned more than UAH 5 in profit from every UAH 100 of revenue. Ukrhydroenergo, Ukrnafta and Energoatom received the largest net profit last year.
78% of Ukrainian companies included in the analysis of financial statements for 2025 ended the year with a profit: 173,510 enterprises. Another 21%, or 45,752 businesses, recorded losses, while 1% ended the year practically at break-even: 3,005 companies.
We are monitoring companies’ financial statements in Opendatabot.
How did we calculate this? In total, 429,800 companies submitted financial statements. For the analysis, 222,300 companies were selected that did not have non-profit status, had revenue above 0, provided data on net profit and had one of the following legal forms: limited liability company, private enterprise, farm, joint-stock company or subsidiary. Large businesses included companies with revenue from UAH 1 billion, the medium segment included companies with revenue from UAH 100 million to UAH 1 billion, and all companies with revenue below UAH 100 million were grouped as small businesses.
Medium-sized businesses turned out to be the most profitable: 89% of companies. These are enterprises with revenue from UAH 100 million to UAH 1 billion. Large businesses lagged only slightly: among companies with revenue above UAH 1 billion, 86% made a profit. In the small business segment, where annual revenue does not exceed UAH 100 million, the share of profitable enterprises was 77%.
At the same time, if sales profitability is assessed, small businesses have the best indicators: half of such companies have profitability above 5%. By contrast, half of large profitable enterprises operate with profitability below 2.6%. For half of medium-sized companies, this figure does not exceed 3.85%.
Top 10 most profitable companies in Ukraine
Ukrhydroenergo declared the largest net profit in 2025 – UAH 20.91 billion. The top three also included Ukrnafta with UAH 16.05 billion and Energoatom with UAH 11.85 billion in profit.
The top ten companies with the largest net profit also included Gas TSO of Ukraine, Centrenergo, Roshen, UMZ, SCM Finance, Ukrfinzhytlo and D. Trading.
BUSINESS, COMPANIES, financial reporting, PROFIT, UKRAINE
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