PT Adaro Andalan Indonesia (AADI) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was $1,044.2 million, down 10% year-over-year from $1,164.4 million in Q1 2025.

• Net profit attributable to owners was $143.0 million, a 27% decrease from $196.0 million in Q1 2025.

• Total assets increased to $5,780.5 million as of March 31, 2026, from $5,706.3 million at December 31, 2025.

• The group maintained a strong equity position with total equity of $3,781.2 million as of March 31, 2026.

Financial highlights

• Gross profit for Q1 2026 was $257.6 million, down from $347.4 million in Q1 2025.

• Operating income was $211.7 million, a 27% decrease year-over-year.

• EBITDA and EBIT margins declined due to lower revenue and higher cost pressures.

• Earnings per share (EPS) for Q1 2026 was $0.01837, compared to $0.02517 in Q1 2025.

• Cash and cash equivalents stood at $914.4 million at March 31, 2026.

Outlook and guidance

• The group continues to monitor regulatory changes and market conditions, especially regarding coal prices and domestic market obligations.

• Management expects ongoing volatility in coal prices and regulatory adjustments to impact future performance.