Russia's Accredited IT Firms Earn Over 6 Trillion Rubles in H1 2026
Prime Minister Mikhail Mishustin said accredited Russian IT companies generated 6 trillion rubles in the first half of 2026, as the sector's share of GDP keeps rising.

Accredited IT companies in Russia earned 6 trillion rubles in the first six months of 2026, Prime Minister Mikhail Mishustin said in a video address to participants of the Kazan Digital Week 2026 forum.
Revenue on track to beat last year
According to the figures Mishustin presented, the revenue of accredited IT firms in 2025 came close to 8 trillion rubles, almost one and a half times the previous year's level. With 6 trillion rubles already booked in the first two quarters of 2026, the full-year result could exceed that of 2025.
The prime minister said the industry is developing rapidly: its share of Russia's gross domestic product has almost doubled over six years. More than 1.7 million specialists now work in the segment.
He also pointed to the growth of the register of domestic software, which now includes tens of thousands of Russian solutions. According to Mishustin, these ready-made products are used in key sectors of the economy.
Focus on import substitution
Mishustin argued that, given external restrictions, Russia needs to expand its range of domestic software, cloud services and industrial systems more dynamically, while speeding up the launch of competitive technologies. In his words, such resources and advanced developments should improve people's quality of life and help solve economic and social problems in the regions and across the country.
The prime minister had earlier announced a support mechanism for companies switching to domestic software. It would compensate almost 50% of the costs of purchasing and deploying Russian-made software. The measure is meant to speed up the shift to domestic industrial software and strengthen the competitive position of Russia's knowledge-intensive industries.
For the market, the figures and the planned subsidy point to continued strong demand for Russian software vendors, driven by both sanctions-related restrictions and state incentives.
More from this day
See all →
Apple MacBook Pro Gets a Touchscreen, Reversing Steve Jobs' Stance

mObywatel to Allow Fully Online Car Registration From 2027

Beta Pictoris 'Cat's Tail' Traced to Pluto-Sized Collision

Leaving Proton Mail: Tuta or Infomaniak, which to choose?
More in: Business
See all →
Russia's Tax Service Tests Scoring Model for Self-Employed

Amazon Stockpiles Billions in Idle Nvidia GB300 AI Servers

UBTech, Agility Robotics, BluMentis Eye Farms for Humanoid Robots
