8 public companies told the SEC they depend on Ukraine.

“As of December 31, 2025, the Company had $ 59.4 million of property and equipment, net in Ukraine consisting of a building classified as construction-in-progress located in Kyiv with a net book value of $ 52.3 million, laptops with a net book value of $ 5.2 million, most of which are in the possession of employees, and various office furniture, equipment and supplies with a net book value of $ 1.9 million.”

“As of December 31, 2025, we and UTC have experienced partial destruction of our infrastructure in Ukraine, with about 5% of our combined telecommunication network damaged or destroyed, of which approximately 82% has been restored. As of December 31, 2025, approximately 5% of our current combined network remained non-functional and located in Russian-occupied territories.”

“Middle East and Africa, includes $ 33.0 million and $ 6.4 million related to shipments to customers based in Ukraine, for the years ended December 31, 2025 and 2024, respectively.”

“For example, we operate an office in Zaporizhzhia, Ukraine and have operations and revenue generating business within Ukraine and, prior to the invasion by the Russian army, revenue from Russia.”

“Our facility in Vynohradiv, Ukraine is on the far western corner within the Transcarpathia region near the Hungary border. In 2025, 2024 and 2023, products manufactured at our Ukraine facility represented approximately 5%”

“the ongoing Russian military conflict with Ukraine, which has even worsened, has impacted our business and may continue to pose risks to our business... Any such material adverse effect from the conflict and enhanced sanctions activity may disrupt our delivery of services, impair our ability to co”

“we outsource some of our software development and design, quality assurance, and operations activities to third-party contractors that have employees and consultants located in Europe (including Poland, Czech Republic, Ukraine and Belarus) and other locations.”

“From time-to-time we outsource certain software development services to third parties outside of the United States, including in Ukraine. Historically, our contractors located in areas of conflict (including in Ukraine) have been able to continue their work. However, those services could be more negatively impacted in the future.”