Private company

ALROSA

Logo: Alrosa PJSC, Public domain, via Wikimedia Commons3

Russian diamond mining company

Alrosa (Russian: АЛРОСА) is a Russian group of diamond mining companies which specialize in exploration, mining, manufacture, and sale of diamonds. The company leads the world in diamond mining by volume.2 From Wikipedia, CC BY-SA 4.0

Last updated Oct 16, 2026.

Overview

Feb 19, 1992Founded1
  • Tickeron Moscow Exchange1
  • Industrydiamond industry, mining1
  • HeadquartersMirny1
  • Websitewww.alrosa.ru
  • Legal formpublic joint-stock company1
  • Listed onMoscow Exchange (ALRS)1

Alrosa (Russian: АЛРОСА) is a Russian group of diamond mining companies which specialize in exploration, mining, manufacture, and sale of diamonds. The company leads the world in diamond mining by volume. Mining takes place in Western Yakutia, the Arkhangelsk region, and Africa. Alrosa is Russia's leading diamond mining and distribution company, accounting for 95% of Russian diamond production and 27% of global diamond extraction.2

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Retirement and Benefit Services brought in 57% of the revenue ALROSA broke down this way in fiscal 2025.

  1. Retirement and Benefit Services$65.9M457%up 2% from 2024
  2. Wealth Management$28.3M425%up 8% from 2024
  3. Mortgage Banking$11.9M410%up 18% from 2024
  4. Interchange Fees$3.4M43%up 47% from 2024
  5. Deposit Account$2.8M42%up 40% from 2024
  6. Transactional Fees$1.9M42%up 38% from 2024
  7. Other Noninterest$1.2M41%down 88% from 2024
Products and services by year
Products and services202320242025
Retirement and Benefit Services$65.3M$64.4M$65.9M
Wealth Management$21.9M$26.2M$28.3M
Mortgage Banking$8.4M$10.1M$11.9M
Interchange Fees$2.2M$2.3M$3.4M
Deposit Account$1.3M$2.0M$2.8M
Transactional Fees$1.5M$1.4M$1.9M
Other Noninterest$2.1M$9.6M$1.2M

Financial statements

Net income56784$17.4M in 2025−41% since 2019
0$20.0M$40.0M$60.0M2019: $29.5M$29.5M20192020: $44.7M$44.7M2020+51%2021: $52.7M$52.7M2021+18%2022: $40.0M$40.0M2022−24%2023: $11.7M$11.7M2023−71%2024: $17.8M$17.8M2024+52%2025: $17.4M$17.4M2025−2%

Every line of the income statement in the latest annual report, as filed.4

Period ending2025-12-312024-12-312023-12-31
Loans, including fees$253.7M$183.6M$136.9M
Taxable$20.7M$19.7M$24.3M
Exempt from federal income taxes$640.0K$679.0K$740.0K
Other$4.6M$17.6M$3.0M
Total interest income$279.6M$221.6M$164.9M
Deposits$92.6M$89.2M$53.4M
Short-term borrowings$11.9M$22.6M$21.0M
Long-term debt$2.6M$2.7M$2.7M
Total interest expense$107.1M$114.5M$77.0M
Net interest income$172.5M$107.0M$87.8M
Provision for credit losses$556.0K$18.1M$2.1M
Net interest income after provision for credit losses$171.9M$88.9M$85.8M
Net gains (losses) on investment securities-$68.4M$0-$24.6M
Gain on sale of non-mortgage loans$2.1M$0$0
Other$9.4M$12.3M$8.0M
Total noninterest income$51.9M$114.9M$80.2M
Compensation$97.5M$87.3M$76.3M
Employee taxes and benefits$26.8M$23.0M$20.1M
Occupancy and equipment expense$12.0M$7.8M$7.5M
Business services, software and technology expense$24.7M$21.8M$21.1M
Intangible amortization expense$10.5M$6.8M$5.3M
Professional fees and assessments$11.1M$19.6M$6.7M
Marketing and business development$3.8M$3.2M$3.0M
Supplies and postage$2.5M$2.0M$1.8M
Travel$1.4M$1.4M$1.2M
Mortgage and lending expenses$3.1M$2.2M$1.9M
Other$7.8M$5.6M$5.3M
Total noninterest expense$201.2M$180.7M$150.2M
Income before income taxes$22.6M$23.2M$15.9M
Income Tax Expense (Benefit)$5.2M$5.4M$4.2M
Net income$17.4M$17.8M$11.7M
Basic earnings per common share (in dollars per share)$0.69$0.84$0.59
Diluted earnings per common share (in dollars per share)$0.68$0.83$0.58
Dividends declared per common share (in dollars per share)$0.83$0.79$0.75
Average common shares outstanding (in shares)25.4M shares21.0M shares19.9M shares
Diluted average common shares outstanding (in shares)25.7M shares21.3M shares20.1M shares

Compare ALROSA with another company

How it started

History

The history of Alrosa dates back to 1954, when the first primary deposit of diamonds in the Soviet Union, the kimberlite pipe Zarnitsa, was found. In 1955 the Mir kimberlite pipe and the Udachnaya pipe were discovered. A total of fifteen primary diamond sources were found in 1955.

In 1957, a decision was made to begin mining and production operations on alluvial and ore deposits in Yakutia. To manage the facility's construction and subsequent operations, the Yakutalmaz group of companies was established with headquarters in Mirny. The first commercial-grade diamonds were recovered the same year. Two years later, the Soviet Union sold the first shipment of diamonds on the world market.

For the most part during the Soviet period, the diamond mining industry developed on the basis of the Mir open-pit mine and adjacent alluvial deposits. In those years its main open-pit mines, processing plants and related energy generating facilities were put into operation. In 1960, the Djomolungma and Chimyan was discovered, and in 1969, the International kimberlite pipe.

In 1963, the first sales contracts between the USSR and De Beers group were signed. In 2009 this cooperation was brought to an end as contrary to European Union competition laws in compliance with a decision of the European Commission. Now Alrosa independently distributes its rough diamond production on the world market.

Through 1980, the rapid development of primary deposits continued in Aykhal township on the basis of the Jubilee pipe and in Udachny town. Today the Udachny open-pit mine is one of the largest open-pit mines in the world.

From Wikipedia’s article on ALROSA, shared under CC BY-SA 4.0.2

Leadership

Who has led ALROSA, and when. Pick a name to see everywhere that person has worked.

1995200020052010201520202025

Products and brands

  • diamond

Listed on Wikidata.1

Subsidiaries and ownership

Owners

  • Government of Russia 33%
  • Sakha 25%

Subsidiaries

  • ALROSA Air Company
  • Alrosa-Avia
  • Amakinskaya Geological Exploration Expedition
  • Botuobinskaya Geological Exploration Expedition
  • JSC Almazy Anabara
  • Scientific research geological enterprise
  • Severalmaz
  • Vilyuyskaya Geological Exploration Expedition

Also owns

  • Catoca diamond mine

From Wikidata.1

Employees over time

  • 202032,4751
  • 201934,5001

Timeline

  1. 2017New chief executive Sergey Ivanov becomes CEO1
  2. Nov 23, 2011Went public Listed on Moscow Exchange1
  3. Feb 19, 1992Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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