VK Tech's revenue in the first quarter of 2026 increased by 59% year-on-year

Revenue of VK Tech, an enterprise software developer, increased by 58.9% year-on-year to 4.3 billion rubles in the first quarter of 2026. This was announced on May 14 by the company's press service.

"In the first quarter of 2026, we continued to maintain growth ahead of the market. Revenue grew by almost 60% year-on—year due to the expansion of the customer base and an increase in the number of products used per customer," said Pavel Gontarev, CEO of VK Tech.

It is noted that the most dynamic growth was demonstrated by VK Work Space services (2.3 times compared to the same period last year) and data services, in particular Tarantool and VK Data Platform services — 58% year-on-year. Revenue also increased due to regular payments — by 84.7% to RUB 3.7 billion.

According to the report, at the beginning of 2026, VK Tech finally combined all infrastructure development services using artificial intelligence (AI) in the direction of "AI solutions". Later, in March, the company also acquired CedrusData, a developer of a big data solution for product line development.

"At the moment, we are the No. 1 platform in terms of audience size"

Nikolay Duksin, Vice President of VK Music and Video Services, talks about the new recommendation system, monetization for bloggers and payments for authors

On October 24 last year, VK Tech introduced an updated version of the VK WorkSpace platform, which will feature a new superapp with offline mode support and additional security features. It was noted that the superapp has expanded the ability to control applications and data on users' devices — you can make a PIN code mandatory for entry, prohibit screenshots and the use of rooted devices.