PT Sumber Alfaria Trijaya Tbk (AMRT) Q3 2026 earnings summary

Executive summary

• 9M26 revenue rose 7.2% YoY to Rp101,288,166 million; gross profit increased 9.4% to Rp22,202,732 million, and net income attributable to owners grew 3.8% to Rp2,402,777 million.

• 3Q26 revenue grew 8.7% YoY, but operating income fell 13.5% and attributable net profit declined 12.4%; gross margin improved while operating and net margins contracted.

Financial highlights

• 9M26 operating income rose 7.9% to Rp3,191,738 million; net income was Rp2,558,885 million, versus Rp2,420,885 million in 9M25.

• 3Q26 revenue was IDR33,333bn, up 8.7% YoY; gross profit was IDR7,051bn, up 11.6%.

• 3Q26 operating income was IDR512bn, down 13.5% YoY; attributable net profit was IDR378bn, down 12.4%.

• 9M26 EBITDA increased 7.5% to IDR6,759bn; EPS attributable to owners was Rp58.43, versus Rp55.75 in 9M25.

• Net cash from operations rose to Rp6,210,057 million from Rp4,775,876 million in 9M25.

Outlook and guidance

• 2026 distribution-center investment shifts from expansion to optimization, with capital directed to renovations and capacity expansion at existing sites; no new centers planned.

• Online sales grew 12% YoY to 8.5% of revenue; delivery used ~2,800 stores and 60+ dark stores, with express delivery in 30–60 minutes.