Ozon Posts Over $370M in Estimated Damages From Drone Attacks

Oct. 28, 2026 A sign with the Ozon logo in downtown Moscow. Alexander Nemenov / AFP Russia’s second-largest online retailer Ozon on Wednesday booked 30.1 billion rubles ($373.1 million) in estimated damages from Ukrainian drone attacks that have so far targeted around a dozen of its warehouses across the country. In its third-quarter earnings release, the company said the estimated losses, some of which were insured, included “damage to goods for sale, equipment disposal and impairment losses, as well as other losses and expenses.” Ozon said it was still negotiating with insurers as it seeks compensation to offset the financial impact of the drone attacks. Despite the losses, Ozon reported that revenues rose to 421.2 billion rubles ($5.2 billion) in the third quarter, a 60% increase year-on-year. Ozon said its net profit between July and September fell to 3.7 billion rubles ($45.8 million) from 10.1 billion rubles in the second quarter of 2026. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) reached 93 billion rubles ($1.1 billion), a figure that excludes estimated losses from the drone strikes. Ozon said it completed 1.2 billion orders in the third quarter, up 76% from the third quarter of 2025. On average, an Ozon customer places 51 orders per year, the company said. Ukraine began its air campaign against Ozon and its main competitor, Wildberries, this summer on accusations that they help supply the Russian military. Read more about: Ozon , Retail , Business Sign up for our free weekly newsletter Our weekly newsletter contains a hand-picked selection of news, features, analysis and more from The Moscow Times. You will receive it in your mailbox every Friday. Never miss the latest news from Russia. Preview Subscribers agree to the Privacy Policy We sent a confirmation to your email. Please confirm your subscription. A Message from The Moscow Times: Dear readers, We are facing unprecedented challenges. Russia's Prosecutor General's Office has designated The Moscow Times as an "undesirable" organization, criminalizing our work and putting our staff at risk of prosecution. This follows our earlier unjust labeling as a "foreign agent." These actions are direct attempts to silence independent journalism in Russia. The authorities claim our work "discredits the decisions of the Russian leadership." We see things differently: we strive to provide accurate, unbiased reporting on Russia. We, the journalists of The Moscow Times, refuse to be silenced. But to continue our work, we need your help. Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and every contribution makes a significant impact. By supporting The Moscow Times, you're defending open, independent journalism in the face of repression. Thank you for standing with us. Once Monthly Annual Continue Not ready to support today? Remind me later. × Remind me next month Remind me Thank you! Your reminder is set. We will send you one reminder email a month from now. For details on the personal data we collect and how it is used, please see our Privacy Policy. Read more Yandex Market Limits Liability for Drone Attacks After Wildberries Strikes The changes make Yandex Market the latest major Russian marketplace to shift more of the financial risk from wartime disruptions onto merchants. 2 Min read Wildberries Stops Compensating Sellers for Products Damaged in Airstrikes Starting Tuesday, July 7, Wildberries will not be required to compensate sellers under force majeure circumstances resulting from artillery, drone and... 1 Min read Ozon Denies Central Bank’s Claim That Marketplace Discounts Distort Competition Central Bank Governor Elvira Nabiullina reportedly proposed banning online marketplaces from offering discounts to customers who pay for goods using their... 2 Min read Retail Giant Magnit to Buy Premium Supermarket Chain Azbuka Vkusa for $490M As part of the deal, Magnit will also acquire five kitchen factories and three distribution centers in Moscow and St. Petersburg, sources told RBC. 1 Min read