Business · Companies · 11 hrs ago
Russian IT companies earn $73.8 billion in first half of 2026
Russia’s accredited IT companies earned 6 trillion rubles in the first half of 2026, according to Prime Minister Mikhail Mishustin.
That is about $73.8 billion, and the figure covers companies recognized by the government as accredited IT firms.
Mishustin said their revenue was close to 8 trillion rubles for all of 2025, nearly 1.5 times the previous period.
The IT sector’s share of Russia’s economy has more than doubled in six years, he said.
Russia is expanding its register of domestic software, and businesses and state corporations are using these products in key parts of the economy.
Using local technology can reduce reliance on foreign suppliers and help improve production processes.
Mishustin said Russia should expand domestic software, cloud services and industrial systems while speeding up the launch of competitive technologies.
Accredited Russian IT companies earned 6 trillion rubles, or $73.8 billion, in the first half of 2026, Prime Minister Mikhail Mishustin said.
He announced the figure in a video address to the Kazan Digital Week 2026 forum.
Mishustin said revenue for accredited IT companies approached 8 trillion rubles in 2025, almost 1.5 times the previous period.
He said the IT sector’s share of Russia’s gross domestic product has more than doubled over the past six years.
He called for faster development of domestic software, cloud services and industrial systems amid external restrictions.
- Who
- Accredited Russian IT companies.
- What
- They earned 6 trillion rubles, or $73.8 billion, in the first half of 2026.
- When
- The first six months of 2026.
- Where
- Russia.
- Why
- Not stated
This story does not have two clearly opposing sides.
Revenue of accredited IT companies approached 8 trillion rubles, Mishustin said.
Revenue of accredited IT companies reached 6 trillion rubles.
Mishustin announced the revenue figure in a video address to the Kazan Digital Week 2026 forum.
- H1 2026 revenue
- 6 trillion rubles ($73.8 billion)
- Accredited IT companies' 2025 revenue
- Nearly 8 trillion rubles ($98.5 billion)
- Forum
- Kazan Digital Week 2026
- Speaker
- Prime Minister Mikhail Mishustin
- IT sector's share of GDP
- More than doubled over the past six years
What people are saying
For the first six months of the current year, this figure has already reached 6 trillion rubles
In the current situation with external restrictions, it is necessary to more dynamically expand the lineup of domestic software, cloud services, and industrial systems, while simultaneously accelerating the launch of competitive technologies