Yandex Q3 Revenue Hits 411 Billion Rubles, Pulls Guidance After Data Center Attacks

Yandex reported third-quarter 2026 revenue of 411 billion rubles, up 12% year on year, but withdrew its earlier revenue and adjusted EBITDA forecasts after attacks on its data centers. The company says it expects to publish new guidance next quarter and does not plan to raise capital expenditure this year.

Key figures

Adjusted EBITDA rose 12% to 88 billion rubles, while adjusted net income grew just 2% to 46 billion rubles. For the first nine months, revenue reached 1.17 trillion rubles (up 16%), adjusted EBITDA 250 billion rubles (up 30%) and adjusted net income 128 billion rubles (up 46%).

The Search and AI segment grew revenue 4% to 144.7 billion rubles, with advertising up 9% and emerging formats such as DOOH, Connected TV and messenger ads up 72%. Weekly users of the Alice AI assistant climbed 36% quarter on quarter to 45 million, and Alice AI now answers 44% of search queries. Segment adjusted EBITDA reached 67.3 billion rubles.

Urban services, covering ride-hailing, e-commerce and delivery, saw revenue rise 11% to 222.7 billion rubles and adjusted EBITDA jump 53% to 28.9 billion. Personal services revenue grew 37% to 75 billion rubles, but adjusted EBITDA fell 46% to 1.8 billion. Yandex Plus subscribers reached 51.9 million. B2B Tech revenue rose 32% to 16.4 billion rubles, and its EBITDA grew 2.5 times to 5.2 billion. Autonomous technologies remain in an investment phase, with an EBITDA loss of 7.2 billion rubles.

Impact of the attacks

Yandex said drone attacks on its data centers in October damaged part of its infrastructure. The incidents occurred after the quarter ended and did not affect its results. The company is still assessing the consequences, but says all services for users and businesses have been restored and provide core functions, with engineers working to bring back the remaining capabilities.

Yandex says it intends to improve infrastructure reliability and move to a more distributed operating model. Until the new forecast arrives, investors will have to judge the full financial effect of the attacks without company guidance.