Russia’s leading internet company, Yandex, has reported a 32% rise in third-quarter revenue, reaching 366.1 billion roubles. This marks a major milestone for the tech firm, as its revenue for the first nine months of 2025 has crossed 1 trillion roubles for the first time. The growth highlights the company’s strong performance in a challenging economic environment.
Yandex continues to expand its services across search, e-commerce, ride-hailing, and cloud technology. The company’s ability to grow despite global uncertainties shows its resilience and strategic focus. Its adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) rose by 43%, reaching 78.1 billion roubles. Meanwhile, adjusted net profit jumped 78% to 44.7 billion roubles.
These results reflect Yandex’s successful efforts to strengthen its domestic operations. The company has shifted focus inward after facing international restrictions and regulatory changes. This shift has helped Yandex maintain momentum and build a stronger presence in Russia’s digital economy.
Yandex’s growth stands out at a time when many global tech firms are cutting jobs and restructuring. The company’s diversified services and loyal user base have helped it stay ahead. Its advertising and e-commerce platforms continue to perform well, while investments in artificial intelligence and cloud services are expected to drive future growth.
The rouble’s exchange rate during the reporting period was 81.3 to the dollar. This conversion places Yandex’s Q3 revenue at approximately $4.5 billion. The company’s financial strength is evident in its rising profits and expanding market share.
Yandex has not released detailed figures for each business segment. However, analysts believe that its ride-hailing and online retail services contributed significantly to the revenue increase. The company’s focus on innovation and customer experience has helped it stay competitive.
Yandex’s performance is a positive sign for Russia’s tech sector. The industry has faced challenges due to limited access to global markets and foreign investments. Despite these hurdles, Yandex has shown that growth is possible with the right strategy and execution.
The company’s strong results may encourage other Russian tech firms to invest more in local markets. Yandex’s success story could serve as a model for businesses looking to adapt and thrive in uncertain times.
Investors and market watchers will be keen to see how Yandex performs in the final quarter of the year. The company has set a high benchmark with its Q3 results. Maintaining this momentum will be key to its long-term success.
Yandex’s ability to deliver consistent growth reflects its leadership in Russia’s digital space. The company continues to innovate and expand, offering services that meet the evolving needs of users. Its financial results show that it is well-positioned to navigate future challenges.
As global tech firms face pressure from automation and economic shifts, Yandex’s growth offers a contrast. The company’s focus on core services and strategic investments has paid off. Its performance in Q3 highlights the strength of its business model.
Yandex reports 32% revenue growth in Q3, and this achievement marks a turning point for the company. With over 1 trillion roubles in nine-month revenue, Yandex has proven its ability to scale and succeed. The coming months will reveal whether it can sustain this pace and continue to lead Russia’s tech industry.
