PT Perusahaan Gas Negara Tbk (PGAS) Q3 2026 earnings summary

Executive summary

• Unaudited 9M 2026 revenue was $3.019bn, operating profit $436.2m and net income $397.2m; operating cash flow was $518.3m.

• Revenue and profit were higher than 9M 2025 comparatives: revenue $2.923bn, operating profit $383.1m and net income $338.6m.

Financial highlights

• Gross profit reached $571.1m versus $502.2m in 9M 2025; cost of revenue was $2.448bn versus $2.421bn.

• Profit before tax was $486.8m versus $431.5m; income tax expense was $89.6m versus $92.9m.

• Net income attributable to parent owners was $293.0m versus $237.9m; basic and diluted EPS was $0.0121 versus $0.0098.

• Total assets were $6.016bn at Sep. 30, 2026, versus $6.232bn at Dec. 31, 2025; equity was $3.634bn versus $3.608bn.

Segment performance

• Trading and transmission revenue was $2.765bn and segment profit $417.4m, versus $2.728bn and $390.8m in 9M 2025.

• Oil and gas exploration and production revenue was $237.7m and segment profit $45.5m, versus $219.5m and $3.3m in 9M 2025.

• Other operations revenue was $284.4m and segment profit $50.7m, versus $254.1m and $45.8m in 9M 2025.

• Capital expenditure was $150.6m: $75.6m in trading and transmission, $39.9m in exploration and production, and $35.1m in other operations.