Russian casualties in Ukraine hit 1.43M, Kyiv says, with CSIS estimating a 2.5:1 casualty ratio favoring Ukraine. Moscow is losing troops faster than it can replace them.
Alpha Score of 42 reflects weak overall profile with weak momentum, poor value, weak quality, moderate sentiment.
Russia's troop losses in Ukraine have surpassed 1.43 million since the full-scale invasion began in February 2022, the General Staff of the Armed Forces of Ukraine reported Monday. The tally includes 1,600 casualties sustained in the previous 24 hours alone, according to Kyiv's figures.
Moscow has lost at least 12,158 tanks, 24,971 armored combat vehicles, 122,894 vehicles and fuel tanks, 46,343 artillery systems, 1,953 multiple launch rocket systems, 1,511 air defense systems, 438 aircraft, 354 helicopters, 34 ships and boats, and two submarines, the Ukrainian military said. Kyiv did not disclose its own losses, citing operational secrecy.
An independent Western think tank estimated the casualty ratio at roughly 2.5 to 1 in Ukraine's favor. The Center for Strategic and International Studies (CSIS) said in a January 2026 report that Ukraine sustained between 500,000 and 600,000 casualties from February 2022 through December 2025, with 100,000 to 140,000 believed killed in action. Earlier this month, CSIS reported that Russia has lost some 450,000 lives and that the war's total casualty count has surpassed 2 million.
CSIS estimates Russia has incurred at least 1.4 million casualties overall, including killed, wounded and missing personnel, roughly equivalent to 1% of the country's population. Ukraine's total casualties are estimated at 525,000 to 625,000, with fatalities believed to range from 125,000 to 150,000. The think tank found that Moscow's casualties have been concentrated disproportionately in poorer regions and among ethnic minority communities, with Russian opposition media highlighting small, remote villages that have lost a significant share of their male population. CSIS also concluded that Russia can no longer replace troops as quickly as it is losing them on the battlefield.
Odesa's governor said Monday that Russian strikes have killed 28 people in Ukraine's southern region since the beginning of July. "The Odesa region has been under constant daily shelling," he said. "There were days when 13-15 air raid alerts were announced in the region."
Ukraine launched an overnight drone attack targeting Moscow and nearby areas, deploying around 400 drones, Russian officials said. The strikes injured 10 people and sparked fires in several buildings. Moscow Region Governor Andrei Vorobyov said seven people, including three Chinese nationals, were injured in the town of Domodedovo, near one of the capital's major airports.
Ukrainian President Volodymyr Zelenskyy said Kyiv had targeted logistical facilities and an oil depot in the region. On July 18, Kyiv launched a series of drone strikes that killed seven workers at a Wildberries warehouse and left dozens injured. A separate attack sparked a fire at an oil depot elsewhere in the region. Kyiv has alleged that Wildberries sells military supplies supporting Russia's war effort.
The Russian Defense Ministry said air defense units intercepted and destroyed 381 Ukrainian drones overnight across multiple Russian regions, as well as over the Black Sea and the Sea of Azov.
For Southern Company, which has no direct exposure to the conflict, the SO stock page shows an Alpha Score of 46/100 with a Mixed label in the Utilities sector. The war's primary market impact has been through energy price volatility and defense spending shifts.
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