VK reported a 21% year-on-year revenue increase to 47 ₽ billion for the third quarter of 2026. The company's total revenue for the first nine months reached 128 ₽ billion, marking a 15% growth. Shares of the company rose by more than 5% following the report.
The 'Max' messenger platform reported over 109 million monthly active users and 90 million daily active users. The service hosts over 15 million channels and has 140 million registered users, including 11 million international accounts. Revenue from business services and advertising on the platform exceeded 700 ₽ million for the quarter.
Users on the 'Max' platform make approximately 34 million calls and send over 1.9 billion messages daily. The average user activity equates to roughly 21 messages per day per daily active user.
The VK Tech division saw revenue grow by 35% to 14.4 ₽ billion. The company's EBITDA for the third quarter reached 6.2 ₽ billion, a 22% increase, with a margin of 16%. The EBITDA forecast for the full year 2026 remains above 24 ₽ billion.
VK's net operating cash flow reached 17.4 ₽ billion, shifting from negative figures in the previous year. Net debt decreased by 11% to 73.3 ₽ billion, with a net debt to EBITDA ratio of 2.7x, targeting a range of 2–3x by year-end.
The average daily audience for VK services grew by 11.8 million to 90.8 million users. Total daily time spent reached 8.1 billion minutes, representing a 62% increase compared to September 2025.
