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Yandex reports 16% increase in Q2 revenue, recommends H1 dividend at 110 rbls/share - Finance news and analysis from Global Banking & Finance Review
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Yandex reports 16% increase in Q2 revenue, recommends H1 dividend at 110 rbls/share

Published by Global Banking & Finance Review

Posted on July 29, 2026

1 min read

· Last updated: July 29, 2026

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Yandex Posts 16% Q2 Revenue Growth, Proposes 110 Roubles H1 Dividend Per Share

Yandex Q2 2026 Financial Results and Dividend Proposal

Revenue and Profit Highlights

MOSCOW, July 29 (Reuters) - Russia's largest internet-company, Yandex, posts a 16% increase in revenue to 386 billion roubles ($4.89 billion) for the second quarter of 2026.

EBITDA and Net Profit Growth

Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA), rose 35% to 89 billion roubles. Adjusted net profit jumped by 56% to 48 billion roubles.

Dividend Recommendation

Proposed Dividend Per Share

The company's management recommends dividends of 110 roubles per share. The board of directors will discuss the management's proposal on July 31.

Outlook and Forecast

2026 Guidance

Yandex maintains its forecast for 2026, expecting revenue to rise by around 20%, with adjusted EBITDA at 350 billion roubles.

Exchange Rate Reference

($1 = 79.0000 roubles)

(Reporting by Reuters; Writing by Gleb Stolyarov; Editing by Vladimir Soldatkin)

Key Takeaways

  • Revenue climbed to 386 billion roubles in Q2 2026, a 16 % increase year‑on‑year, signaling continued top‑line momentum.
  • Adjusted EBITDA grew 35 % to 89 billion roubles, while adjusted net profit surged 56 % to 48 billion roubles, underscoring improving margins.
  • The company proposes a generous H1 dividend of 110 roubles per share; the board will review this recommendation on July 31.

Frequently Asked Questions

How much did Yandex's revenue increase in Q2 2026?
Yandex's revenue rose 16% in Q2 2026 to 386 billion roubles.
What H1 dividend per share has Yandex's management recommended?
Yandex's management has recommended a dividend of 110 roubles per share for H1.
When will Yandex's board discuss the dividend proposal?
Yandex's board of directors will discuss the dividend proposal on July 31.
What was Yandex's adjusted net profit in Q2 2026?
Yandex's adjusted net profit jumped by 56% to 48 billion roubles in Q2 2026.

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