VK Tech Reports Revenue Growth to 14.4 Billion Rubles Driven by AI and Productivity Services
VK Tech reported strong financial results for the first nine months of 2026, with total revenue reaching 14.4 billion rubles, up roughly 35 percent year-over-year.
Generative artificial intelligence solutions under the VK TechGenAI portfolio delivered 1 billion rubles in revenue, demonstrating that corporate AI offerings are moving beyond presentations into meaningful commercial returns.
The second major growth engine was the productivity suite VK WorkSpace, whose revenue increased 61 percent. Overall, the VK Tech client base grew 42 percent to approximately 38 thousand customers.
Revenue from small and medium businesses rose 46 percent, while revenue from large enterprises grew 30 percent, showing broad adoption beyond organizations with large IT budgets.
Recurring revenue expanded 52 percent and now represents 86 percent of total revenue, supported by growth in the cloud customer base and increased income from technical support of on-premise deployments.
EBITDA rose 21 percent to 1.8 billion rubles, yet operating expenses increased 37 percent to 12.6 billion rubles, resulting in an EBITDA margin decline from 14 percent to 12 percent.
The company is expanding AI capabilities across its platforms, adding intelligent agents with multi-level memory and internal policy compliance tools to VK AI Space while integrating new AI scenarios into VK WorkSpace.
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