Lukoil's IFRS profit up 1.5x to 430.9B RUB in H1 2026
Revenue from sales increased by 8% during the reporting period to 2.06 trillion rubles, compared to 1.9 trillion rubles in 2025. Operating profit grew 2.5 times and reached 610.9 billion rubles, while pre-tax profit increased more than threefold to 581.4 billion rubles.
Consensus
- Lukoil's net profit attributable to shareholders under IFRS for the first half of 26 increased by 1.5 times compared to the same period in 2025.
- Lukoil's revenue from sales for the first half of 2026 increased by 8% year-on-year to 2.06 trillion rubles.
- Lukoil's EBITDA for the first half of 2026 amounted to 815.3 billion rubles.
- The reported figures are based on IFRS financial reporting standards.
Points of divergence
- Lukoil's net profit under RSBU for the first half of 2026 was 361.9 million rubles, a 10.5% increase from the same period in 2025. — vedomosti
- Lukoil's revenue under RSBU for January–June 2026 was 1.45 billion rubles, compared to 1.39 billion rubles in 2025. — vedomosti
- Lukoil's cost of sales decreased by 6.5% to 915.309 billion rubles in the first half of 2026. — vedomosti
- Lukoil's other income increased 3.6 times to 60.902 billion rubles in the first half of 26. — vedomosti
- Lukoil's other expenses increased 7.4 times to 125.039 billion rubles in the first half of 6. — vedomosti
- Lukoil's share price rose 2.46% by 12:00 MSK on August 27, reaching 4230.50 rubles, with trading volume at 1.31 billion rubles. — vedomosti
- Lukoil's share price closed at 4199.50 rubles on August 26, with trading turnover at 4.82 billion rubles. — vedomosti
- Lukoil's share price fell by 32.8% over the past 12 months. — vedomosti
- Lukoil is one of the world's largest oil and gas companies, accounting for over 2% of global production and about 1% of proven hydrocarbon reserves. — vesti
Coverage (2 sources)
- Pure profit of Lukoil according to IFRS grew to 430.9 billion rubles for the half-year — Ведомости
- "Lukoil" increased net profit by IFRS by 1.5 times for the half-year — Вести