Yandex withdrew its 2026 revenue-growth and adjusted-EBITDA guidance on October 29, citing additional external factors that made the rest of the year difficult to assess. The decision came amid reports of October attacks on its data centers, while the company’s third-quarter results covered July through September.
The withdrawn targets and Q3 results
| Measure | Former 2026 target, withdrawn October 29 | Q3 2026 result |
| Revenue | About 20% growth for the full year | RUB 410.6 billion, up 12% year over year |
| Adjusted EBITDA | RUB 350 billion for the full year | RUB 87.8 billion, up 12% year over year |
Adjusted EBITDA is earnings before interest, taxes, depreciation and amortization, with adjustments made to the reported measure. The annual targets and quarterly results cover different periods: the Q3 figures describe July through September, before the reported attacks from October 8 through 11. Yandex said the attacks’ financial effects were not reflected in the quarter’s results.
The former revenue goal required a sharp Q4 increase
Frontier reported nine-month revenue of RUB 1,169.6 billion, up 16% year over year. It calculated that Yandex would have needed RUB 560 billion in Q4 revenue, equivalent to 28% year-over-year growth, to reach the former full-year revenue target of about 20% growth. That is Frontier’s calculation, not a replacement Yandex forecast.
Frontier also reported that revenue growth slowed from 22% in Q1 to 16% in Q2 and 12% in Q3. Adjusted-EBITDA growth followed a similar pattern, easing from 50% in Q1 to 35% in Q2 and 12% in Q3. Yandex said it would consider resuming guidance from the next quarter.
What was reported about the data-center aftermath
The attacks were reported between October 8 and 11. Frontier identified sites in Sasovo, Kaluga and Vladimir. NeoTeo’s earlier coverage of the Sasovo and Kaluga attacks provides the incident background.
Frontier reported that Yandex Cloud opened a replacement availability zone for the Vladimir location on October 23, initially with limited capacity. It also reported that Yandex’s press service said on October 26 that three supercomputers were undamaged, had been moved and were being redeployed.
