TEMPO.CO, Jakarta - Homegrown tech company PT GoTo Gojek Tokopedia Tbk posted a net profit of Rp607.48 billion in the first half of 2026, marking a turnaround from a net loss of Rp580.01 billion recorded in the same period last year.
The company’s net profit was driven by net revenue of Rp10.99 trillion, which surged 28.45 percent year-on-year (yoy). This reflects an increase from the Rp8.55 trillion recorded in the prior-year period.
"We have achieved a net profit for two consecutive quarters, with adjusted group EBITDA more than doubling year-on-year and surpassing the Rp1 trillion mark for the first time," GoTo Group CEO Hans Patuwo was quoted as saying by Antara on Thursday, July 30, 2026.
The company’s top line was anchored by delivery services, which generated Rp3.2 trillion, or up 16.48 percent yoy, and service fee earnings, which contributed Rp3.15 trillion.
Additionally, e-commerce service fees contributed Rp550.72 billion, alongside advertising fees of Rp254.45 billion. The company also booked other income totaling Rp1.12 trillion and disbursed loans amounting to Rp2.7 trillion, reflecting a 64.67 percent yoy growth.
Alongside revenue growth, total costs and expenses rose 16.87 percent yoy to Rp10.21 trillion in the first half of 2026, up from Rp8.73 trillion in the corresponding period last year. On the balance sheet, total assets stood at Rp47.47 trillion as of June 30, 2026. Meanwhile, the combined total of liabilities and equity reached Rp47.47 trillion.
Hans explained that the company began implementing a new commission structure on July 1, 2026, in line with the Transportation Ministerial Decree No. 532 of 2026. "This structure applies to Gojek’s two-wheeled transportation unit, which accounts for about 7 percent of the Group’s net revenue. The impact of this commission adjustment will be reflected in our third-quarter financial results. However, after one month of operation, overall business conditions have remained stable," Hans said.
Adjusting to the policy was not simple, but Hans expressed confidence in overcoming its impact. The company maintained its full-year adjusted Group EBITDA guidance of Rp3.2 trillion to Rp3.4 trillion. "We estimate that the contribution from the on-demand services business will decrease, while the fintech business will provide a larger contribution," Hans stated.
As the ecosystem develops, Hans assured that the company continues to invest in supporting users and partners, including Gojek driver-partners, through expanding the Partner Appreciation Program, covering social security assurances BPJS Kesehatan and BPJS Ketenagakerjaan, scholarships, and free Umrah pilgrimages. "For us, success is not only measured by business growth, but also by the progress of all parties within the GoTo ecosystem," Hans added.
Furthermore, the company raised its fintech performance guidance to Rp1.7 trillion–Rp1.8 trillion from the previous Rp1.4 trillion–Rp1.5 trillion, citing sustained business performance.
Conversely, the company lowered its on-demand services performance guidance to Rp1.4 trillion–Rp1.5 trillion from the previous Rp1.7 trillion–Rp1.8 trillion due to the enforcement of the 8 percent application commission cap.
Hans noted that these guidelines represent initial projections. The estimates reflect current market conditions and remain subject to change based on risks including intense market competition, cost inflation, macroeconomic uncertainty, and other external factors.
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