[74766] Summary of Financial Reports for the First Quarter of 2026: Strong Performance in the Russian Energy Industry
Notable Financial Growth in the Russian Energy Industry in the First Quarter of 2026
According to key reports from BITCOIN & CRYPTO POST, energy giant Gazprom recorded a net profit of 345 billion rubles in the first quarter of 2026, a figure that pleasantly surprised the market and exceeded analyst forecasts, which stood at 327 billion rubles. The company reported revenues of 2.799 trillion rubles and a debt-to-EBITDA ratio that improved to 1.91, compared to 2.07 at the end of 2025.
In the energy and infrastructure sector, additional positive performances were recorded:
- TGKA: Reported a significant increase in net profit to 4.59 billion rubles, compared to 2.16 billion in the same period last year, according to BITCOIN & CRYPTO POST.
- RUSHydro: The energy company recorded a net profit of 37.2 billion rubles, double the profit of 18.9 billion rubles in the same period last year, as reported in Crypto Trading & Financial News.
- TGC-1: Reported a net profit of 4.89 billion rubles, compared to 4.31 billion rubles last year.
At the same time, BITCOIN & CRYPTO POST notes that Gazprom Neft (SIBN) showed stability in its results with an estimated net profit of 91.5 billion rubles, a figure consistent with market consensus forecasts.
In the shipping sector, Sovcomflot reported a profit of 7.3 billion rubles for the first quarter of 2025 (as reported in Finance, Money & Crypto), and confirmed that its current policy is to distribute at least 50% of adjusted net profit as dividends to shareholders.