VK of Kirinko's son began to hide data on losses after losses of 200 billion rubles for 6 years VK company, which since 2021 is managed by Vladimir Kirinko, son of the deputy head of the presidential administration Sergey Kirinko, did not disclose profit and loss data in the quarterly presentation of financial results. In a press release on the results of January-September, VK reported an increase in revenue by 15% from year to year (up to 128 billion rubles), EBITDA by 30% (up to 20.2 billion rubles), an increase in the audience to 90.8 million people (+11.8 million from year to year), and indicators for the first financial period were also revealed. According to VK, it received 700 million rubles in revenue in July-October. However, the company did not publish data on net profit or loss. VK completed the first half of 2026 with a net loss of 3.8 billion rubles, continuing to operate in the red for the seventh consecutive year. Despite the blocking of competing platforms, last year VK lost 24.9 billion rubles, in 2024 - 94.9 billion rubles, in 2023 - 34.3 billion rubles, in 2022 - 32.6 billion rubles, in 2021 - 6.5 billion, in 2020 - 1.9 billion. Over six and a half years, the holding accumulated almost 200 billion rubles of net loss - an amount equal to the annual budget of large regions, such as the Stavropol Territory (195 billion rubles in 2025) or the Voronezh Region (208 billion rubles). This year, the company will record a net loss again, notes PSB analyst Yekaterina Krylova: the high financial burden from capital expenditures in the past, including investments in infrastructure and property purchases, is taking its toll. More details.

VK of Kirinko's son began to hide data on losses after losses of 200 billion rubles for 6 years VK company, which since 2021 is managed by Vladimir Kirinko, son of the deputy head of the presidential administration Sergey Kirinko, did not disclose profit and loss data in the quarterly presentation of financial results. In a press release on the results of January-September, VK reported an increase in revenue by 15% from year to year (up to 128 billion rubles), EBITDA by 30% (up to 20.2 billion rubles), an increase in the audience to 90.8 million people (+11.8 million from year to year), and indicators for the first financial period were also revealed. According to VK, it received 700 million rubles in revenue in July-October. However, the company did not publish data on net profit or loss. VK completed the first half of 2026 with a net loss of 3.8 billion rubles, continuing to operate in the red for the seventh consecutive year. Despite the blocking of competing platforms, last year VK lost 24.9 billion rubles, in 2024 - 94.9 billion rubles, in 2023 - 34.3 billion rubles, in 2022 - 32.6 billion rubles, in 2021 - 6.5 billion, in 2020 - 1.9 billion. Over six and a half years, the holding accumulated almost 200 billion rubles of net loss - an amount equal to the annual budget of large regions, such as the Stavropol Territory (195 billion rubles in 2025) or the Voronezh Region (208 billion rubles). This year, the company will record a net loss again, notes PSB analyst Yekaterina Krylova: the high financial burden from capital expenditures in the past, including investments in infrastructure and property purchases, is taking its toll. More details.