U.S. company failures hit their highest annual level since 2010 in 2025, the worst since the Global Financial Crisis.

Company failures in the U.S. have reached their highest annual level since 2010, marking the worst annual rate since the Global Financial Crisis, according to new data released on February 3, 2026. The surge reflects ongoing economic pressures, including high interest rates, inflation, and shifting consumer demand, which are straining businesses across multiple sectors. The trend signals growing instability in the small and mid-sized business landscape, raising concerns about job losses and broader economic health.