TEMPO.CO, Jakarta - PT Bukalapak.com Tbk (BUKA) recorded revenue of Rp1.6 trillion in the second quarter of 2026. By the end of the first semester of 2026, the company's revenue reached Rp4 trillion, a 29 percent increase compared to the same period last year.
"The company's contribution margin recorded Rp72 billion in the second quarter of 2026, and the contribution margin during the first semester of 2026 grew by 11 percent to Rp171 billion," said Director of PT Bukalapak.com Tbk, Victor Putra Lesmana, in a written statement on Tuesday, July 28, 2026.
He stated that Bukalapak recorded an adjusted EBITDA of Rp6 billion in the second quarter of 2026. Cumulatively, the adjusted EBITDA in the first semester of 2026 reached Rp10 billion, improving by about Rp44 billion compared to the same period the previous year, which still recorded a negative adjusted EBITDA of Rp34 billion.
Amid economic uncertainty, Victor said that Bukalapak remains focused on operational discipline, increasing the quality of revenue, and sustainable business development across all segments.
He mentioned that the gaming segment continues to be the largest contributor to revenue. The revenue from this segment reached Rp1.39 trillion in the second quarter of 2026. Cumulatively, gaming revenue in the first semester of 2026 grew by 42 percent to Rp3.5 trillion, driven by international business development. This segment also recorded a positive adjusted EBITDA of Rp7 billion in the second quarter.
Revenue from Bukalapak's partner segment decreased to Rp152 billion in the second quarter of 2026 from Rp188 billion in the same period last year. Throughout the first semester of 2026, revenue from that segment decreased by 27 percent compared to the first semester of 2025.
Victor mentioned that the decrease was the result of a more selective strategy in choosing products to increase profitability. Nevertheless, the contribution margin of the partner segment increased by 48 percent to Rp29 billion, and the adjusted EBITDA turned positive to Rp8 billion from a negative Rp9 billion in the second quarter of the previous year.
The investment segment through BMoney also recorded growth. Revenue in the first semester of 2026 increased by 68 percent to Rp44 billion from Rp26 billion in the same period the previous year. The contribution margin increased by 62 percent to Rp15 billion, supported by the increase in assets under management (AUM) that has exceeded Rp6 trillion.
Meanwhile, the retail segment booked revenue of Rp60 billion in the second quarter of 2026. Throughout the first semester of 2026, revenue from this segment reached Rp139 billion, a 14 percent decrease compared to Rp162 billion in the first semester of 2025.
According to him, the decrease occurred as a result of the company's strategy to optimize product portfolios, manage inventory, and expand store networks more selectively.
Read: Indonesian E-Commerce Bukalapak Plans Rp420.7 Billion Share Buyback
Click here to get the latest news updates from Tempo on Google News
Indonesian E-Commerce Bukalapak Plans Rp420.7 Billion Share Buyback
23 Oktober 2025
Bukalapak has announced plans to conduct a share buyback from October 24, 2025, to January 23, 2026, with a total value of Rp 420.7 billion.
Bukalapak Shuts Down Physical Goods Marketplace
8 Januari 2025
Bukalapak announced this change in business direction through an official blog post on Tuesday, January 7.
Bukalapak Plans to Lay Off Workers Next Year
31 Oktober 2024
Bukalapak has re-evaluated the prospects of several business segments and decided to restructure to achieve the company's strategic goals.
TikTok Shop Closure Gives Rise to Competition in E-Commerce Industry, Says Expert
8 Oktober 2023
Temporary closure of the TikTok Shop has had a positive impact on the e-commerce ecosystem, says an economic expert.
Bukalapak Talks of Potential Expansion to South Korea after Song Joong Ki Named Ambassador
28 November 2022
Bukalapak named renowned South Korean actor Song Joong Ki as its brand ambassador.
Bukalapak Aims Curbing Losses to IDR 1.4T This Year
29 Juni 2022
Bukalapak suffered a net loss of IDR 1.67 trillion back in 2021 as a result of developing new high-revenue features.
GoTo IPO Today; Analyst Predicts Risk of Auto Rejection Compared to Bukalapak
15 Maret 2022
PT GoTo Gojek Tokopedia Tbk. or GoTo is holding an initial public offering (IPO) today at the Indonesia Stock Exchange (IDX).
Tokopedia, Shopee, Bukalapak Cited in U.S. Notorious Market Report
24 Februari 2022
United States Trade Representative (USTR) included Tokopedia, Shopee, and Bukalapak in its list known for counterfeit and piracy activities.
Bukalapak Shares Gain 2.13% Ahead of EGM to Appoint New Boss
16 Februari 2022
The share price of Bukalapak.com (IDX: BUKA) soared ahead of the company's extraordinary general meeting of shareholders (EGM) to appoint new director
Bukalapak Opens Research Hub in Melbourne
2 Februari 2022
Bukalapak opened a Research and Development Hub in Melbourne, Victoria on Monday, January 31.
