Yandex withdraws annual revenue forecast after Ukrainian strikes on data centers

Yandex has pulled its 2026 revenue and adjusted EBITDA forecasts in the wake of Ukrainian drone strikes on its data centers. The company cited "additional external factors" that complicate assessing its financial results beyond the end of the year. Yandex says it will resume forecasting next quarter. Despite the setbacks, the company maintains its long-term strategic focus and continues investing in new technologies and products.

Originally, Yandex forecasted a 20% year-over-year revenue growth and adjusted EBITDA of roughly 350 billion rubles. In mid-October, Ukrainian drones targeted three of Yandex's six data centers in Sasovo, Kaluga, and Vladimir. Following the attacks, some services experienced temporary unavailability or limitations. As of late October, most key functions were restored. Experts estimate it would take about six months to replace damaged equipment.