In the first half of 2026, Russian Post reported a significant…
In the first half of 2026, Russian Post reported a significant financial turnaround, achieving a gross profit of 8 billion rubles compared to a loss of 0.7 billion rubles in the same period of 2025, driven by digitalization, cost reductions, and strong growth in commercial logistics services.
Consensus
- Russian Post reported a gross profit of 8 billion rubles in the first half of 2026.
- The company's revenue increased by 2.8% year-on-year to 108.2 billion rubles.
- Adjusted EBITDA turned positive at 3.5 billion rubles, up by 10.3 billion rubles compared to the previous year.
- Operational expenses decreased by 4% (4.4 billion rubles) year-on-year due to a program launched in 2023.
- More than 53% of services are available on digital platforms, and over 54% of letters were sent via electronic postal systems by the end of the first half of 2026.
- Digital services, including electronic and hybrid delivery, generated 14.9 billion rubles in revenue.
- Commercial segments grew by 8%, with logistics revenue up 31% and fulfillment/logistics services up 60%.
- Over 20,000 new small and medium-sized business clients joined in the first half of 2026—20% more than in the same period of 2025.
- The company emphasized that commercial growth supports social services, with priorities including staff wage increases, infrastructure modernization, and market leadership in commercial logistics.
- The company reduced its net loss by 9.1% to 9.5 billion rubles.
Coverage (3 sources)
- Mail demonstrated gross profit of 8 billion rubles in the first half of 2026 — Коммерсантъ
- Revenue of "Russian Post" by Russian GAAP in the first half of the year increased by 2.8% to 108.2 billion rubles — Интерфакс
- Revenue of "Russian Post" by Russian GAAP grew by almost 3% in the first half of the year — Коммерсантъ