Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia (TLKM) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 reached Rp37,189 billion, up 1.5% year-over-year, with growth in B2C and B2B Infra segments.

• Net profit attributable to owners was Rp4,344 billion, down 21.7% year-over-year, mainly due to higher operation and maintenance costs and a loss on investment fair value.

• Operating profit declined 12.2% year-over-year to Rp8,929 billion, reflecting increased expenses and lower investment gains.

Financial highlights

• Revenue: Rp37,189 billion (Q1 2026), up from Rp36,639 billion (Q1 2025).

• Operating profit: Rp8,929 billion, down from Rp10,166 billion year-over-year.

• Net profit: Rp6,054 billion, down from Rp7,336 billion year-over-year.

• EPS: Rp43.90, down from Rp56.02 year-over-year.

• Cash and cash equivalents increased to Rp37,549 billion from Rp34,228 billion at year-end 2025.

Outlook and guidance

• Management expects most of the transaction price allocated to unsatisfied contracts as of March 31, 2026, to be recognized as revenue in the next reporting periods.

• Unsatisfied performance obligations expected to be realized within one year: Rp8,442 billion; more than one year: Rp5,401 billion.