Yandex: annual revenue 2007-2018

Annual revenue of Yandex from 2007 to 2018 (in billion Russian rubles)

by A. Melkadze, last edited Sep 18, 2019
Yandex: annual revenue 2007-2018 Yandex’s growth continued in 2018, with the Russian internet services company generating revenues amounting to 127.7 billion Russian rubles. Based on the exchange rate taken on 21 June 2019, of 1 U.S. dollar to 63.2456 Russian rubles, that is equivalent to 2.019 billion U.S. dollars.
Yandex: a snapshot

Like Google, Yandex’s search-engine is the primary contact point with the company, but the company’s services go well beyond search. Incorporated in the Netherlands and with offices around the world, Yandex offers services primarily to the Russian language market covering ecommerce, navigation, advertising, mobile development as well as a taxi/ride-sharing service and a car sharing service. Advertising is the company’s primary source of revenue.

In 2018 the company had an annual net income of 45.86 billion Russian rubles, with earnings before income taxes amounting to 54.46 billion Russian rubles.

Global search market

Google is the undisputed leader of the global search market. Google held an 88.47 share of the global desktop market in April 2019. The share of desktop search traffic originating from Google is significantly lower in Yandex’s key market of Russia than it is in other parts of the world.
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Annual revenue of Yandex from 2007 to 2018 (in billion Russian rubles)

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