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Yandex is a technology company best known for Yandex Search, the leading search engine in Russia, and a large ecosystem of digital services spanning advertising, e-commerce, ride-hailing and delivery (“city services”), subscriptions and entertainment, fintech, and cloud tools. It’s often compared to Google for its search dominance in the Russian-speaking web, but Yandex’s modern business is closer to a diversified platform than a single product.
In 2024, Yandex underwent a major corporate restructuring that separated its Russia-focused operations from internationally focused businesses retained by the former parent (renamed Nebius Group). Since then, Yandex has continued to report strong revenue growth and has introduced dividend payments after years of prioritizing reinvestment.
Answer box: Yandex reported RUB 1,441.1B in revenue for FY2025 (+32% YoY) and RUB 280.8B in adjusted EBITDA (+49% YoY). In January 2026, Yandex held about 70.5% of Russia’s search engine market share (Statcounter).
Yandex Key Metrics (Latest Available)
| Metric | Latest figure (with year) | Source |
|---|---|---|
| Revenue | RUB 1,441.1B (FY 2025, ended Dec 31, 2025) | Yandex FY2025 results (PDF) |
| Adjusted EBITDA | RUB 280.8B (FY 2025) | Yandex FY2025 results (PDF) |
| Dividend (planned recommendation) | RUB 110 per share (for 2025) | Yandex FY2025 results (PDF) |
| Full-time employees | 31,537 (FY 2025) | Yandex FY2025 results (PDF) |
| Total employees (incl. broader workforce) | 95,024 (FY 2025) | Yandex FY2025 results (PDF) |
| Search market share (Russia) | 70.5% (Jan 2026) | Statcounter (Russia) |
| Search market share (Worldwide) | 1.95% (Jan 2026) | Statcounter (Worldwide) |
What Yandex Does
Yandex started with search, but today it operates a broad set of consumer and business services. In its own reporting, major areas include:
- Search and AI services: search, advertising, and AI-powered discovery tools.
- City services: everyday services such as delivery and mobility-related products (region-dependent).
- Personal services: subscription-driven consumer services and entertainment-related offerings.
- B2B tech: tools for businesses, including cloud and infrastructure-style products (as reported).
Yandex Corporate Restructuring (2024)
Yandex’s corporate structure changed significantly in 2024. Reuters reported that a consortium of Russian investors finalized a $5.4B cash-and-stock deal in July 2024 to acquire Yandex’s Russia-based assets from its Dutch parent, and that the former parent (renamed Nebius Group) retained internationally focused businesses such as cloud and autonomous driving.
Source: Reuters (Feb 20, 2025)
Revenue Growth (FY2024 vs. FY2025)
Yandex crossed the trillion-ruble annual revenue mark in 2024 and continued growing in 2025:
- FY 2024 revenue: RUB 1,094.6B
- FY 2025 revenue: RUB 1,441.1B
- FY 2024 adjusted EBITDA: RUB 188.6B
- FY 2025 adjusted EBITDA: RUB 280.8B
Source: Yandex FY2025 results (PDF)
Notable Historical Yandex Stats
- Russian search share (including mobile): 56.5% in Q4 2018 (Yandex.Radar metric cited in results) — Yandex FY2018 release (Feb 2019)
- Revenue (FY 2024): RUB 1,094.6B (2024) — Yandex FY2025 results (PDF table includes FY2024)
- Revenue (FY 2025): RUB 1,441.1B (2025) — Yandex FY2025 results (PDF)
FAQ
How big is Yandex?
Yandex is one of the largest technology companies in Russia by scale and reach. It reported RUB 1,441.1B in revenue for FY2025 and RUB 280.8B in adjusted EBITDA.
Source: Yandex FY2025 results (PDF)
What is Yandex’s search market share in Russia?
Statcounter reports Yandex at 70.5% search engine market share in the Russian Federation for January 2026 (with Google at 27.43%).
Source: Statcounter (Russia, Jan 2026)
What is Yandex’s global search market share?
Statcounter reports Yandex at 1.95% worldwide search engine market share for January 2026.
Source: Statcounter (Worldwide, Jan 2026)
Did Yandex restructure in 2024?
Yes. Reuters reported that a consortium of Russian investors finalized a $5.4B cash-and-stock deal in July 2024 to acquire Yandex’s Russia-based assets from its Dutch parent, and that the former parent (renamed Nebius Group) retained internationally focused businesses.
Source: Reuters (Feb 20, 2025)
How many employees does Yandex have?
In its FY2025 results release, Yandex reported 31,537 full-time employees and 95,024 total employees as of year-end 2025.
Source: Yandex FY2025 results (PDF)
Does Yandex pay dividends?
Yandex’s FY2025 results release states that management planned to recommend RUB 110 per share in dividends for 2025, following earlier dividend actions after the corporate restructuring.
