Yandex Q1 Revenue Rises 22 Percent and Buyback Planned
The Russian internet giant reported first quarter revenue of 372.7 billion roubles while adjusted net profit rose nearly threefold. The board will consider a 50 billion rouble share buyback on May 4.
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MKPAO YANDEX has reported a strong start to the 2026 fiscal year, with first-quarter revenue climbing 22% to reach 372.7 billion roubles ($4.98 billion). The internet giant, headquartered in Russia, also announced that its board of directors is scheduled to meet on May 4 to consider a significant share buyback program valued at up to 50 billion roubles.
