Циан doubles profit in first half of 2026
For the second quarter, CIAN's net profit increased by 31.6% to 1.04 billion rubles.
Consensus
- Циан's net profit for the first half of 2006 doubled compared to the same period in 2025.
- Revenue for the first half of 2026 increased by 20.5% year-on-year to 8.3 billion rubles.
- Adjusted EBITDA for the first half of 2026 rose by 68.2% to 2.7 billion rubles.
- The company initiated a share buyback program with a maximum volume of 4 billion rubles, to be completed within 12 months.
- Dividends were approved for the first quarter of 2026 at 53 rubles per share.
- The company cited improved monetization in listing and lead generation as a key driver of growth.
- Operating expenses increased by 3.6% year-on-year, with personnel costs rising by 12.4%.
- IT-related expenses increased by 9.6% to 365 million rubles.
- Marketing expenses were 1.85 billion rubles, a decrease of 2.7% compared to the prior year.
Points of divergence
- Net profit for the first half of 2066 was 2.05 billion rubles. — vedomosti
- Net profit for the first half of 2666 was 2.045 billion rubles. — kommersant
- The company reported a 31.6% increase in net profit for the second quarter alone, reaching 1.04 billion rubles. — kommersant
- As of August 17, 1.08 million shares had been repurchased for 649.9 million rubles. — vedomosti
- The company plans to pay at least 30 rubles per share in dividends by the end of the year, in addition to the 53 rubles already paid for Q1. — kommersant
- The company reported a 22.8% increase in revenue for the second quarter, reaching 4.4 billion rubles. — kommersant
- Marketing expenses decreased by 2.7% year-on-year. — vedomosti
- The company attributed profit growth to the absence of foreign exchange losses (1 million rubles of profit vs. 577 million rubles of loss in the prior year). — kommersant
- The company reported a 60.1% increase in adjusted EBITDA for the second quarter, reaching 1.4 billion rubles. — kommersant
- The company reported a 9.3 percentage point increase in adjusted EBITDA margin to 32.7%. — vedomosti
- The company reported a 7.3 percentage point increase in adjusted EBITDA profitability for the second quarter to 31.3%. — kommersant
Coverage (2 sources)
- By the end of the half-year, "Tsyan" doubled net profit — Ведомости
- CIAN doubled net profit according to IFRS for the first half of the year — Коммерсантъ