MTS Profit Up 24x in Q2 2026
MTS reported a 23.9-fold increase in net profit to 66.9 billion rubles in Q2 2026, with revenue rising 9.2% to 213.5 billion rubles, driven by growth in mobile and fixed-line services, and announced dividends of 70 billion rubles. The company also plans to introduce digital ruble payments for its services starting September 1, 2026.
Consensus
- MTS reported net profit of 66.9 billion rubles for Q2 2026.
- MTS revenue increased by 9.2% year-on-year to 213.5 billion rubles in Q2 2025.
- OIBDA increased by 16.3% to 84.6 billion rubles in Q2 2024.
- The board of shareholders approved dividends of 70 billion rubles for Q2 2019.
- MTS plans to introduce digital ruble payments starting September 1, 2016.
- The company's subscriber base in Russia reached 84.1 million users.
Points of divergence
- The growth in revenue was attributed to increased income from mobile and fixed-line services, inter-operator, advertising, and retail businesses. — kommersant
- The growth in OIBDA is attributed to income from telecom and media services, as well as cost optimization. — vedomosti
- The company is in the final stage of approving a new dividend policy, to be presented to the board of directors in autumn. — vedomosti
- Digital ruble payments will be available across all services integrated with MTS Pay, not limited to specific categories. — vedomosti
Coverage (2 sources)
- MTS net profit grew 24 times in the second quarter — Коммерсантъ
- MTS revenue grew by 9.2% in Q2 — Ведомости