Telkom Indonesia Starts 2026 with Solid Performance, Revenue Grows to Rp37.2 Trillion

PT Telkom Indonesia (Persero) Tbk (Telkom) began 2026 with robust performance, posting consolidated revenue of Rp37.2 trillion in the first quarter, a 1.5% year-on-year increase despite macroeconomic uncertainties. This growth reflects the company's consistent operational discipline and accelerated transformation strategy.

The company reported EBITDA of Rp18.0 trillion with a 48.3% margin, and a net profit of Rp4.3 trillion (11.7% margin). Normalized net profit stood at Rp5.1 trillion (13.8% margin). Telkom attributed the net profit contraction to the lingering effects of accelerated depreciation and business normalization during its transformation phase, characterizing these as transitional, non-cash impacts while maintaining strong operational fundamentals. Operational cash flow grew 3.1% year-on-year to Rp17.3 trillion, driven by efficiency programs and improved billing discipline.

Telkom's CEO, Dian Siswarini, emphasized the company's commitment to aggressively executing the TLKM 30 strategy to maximize value and bolster long-term sustainability. "This first quarter performance is a good start and a motivation for TelkomGroup to continue making gradual improvements," she stated. The B2C segment, encompassing mobile and fixed broadband services through Telkomsel, saw consolidated revenue rise 1.3% year-on-year to Rp27.6 trillion, fueled by digital business expansion. Data payload increased 1.3% year-on-year due to disciplined network quality improvements and expansion. Pricing discipline, product simplification, and enhanced customer experience boosted average revenue per user (ARPU) by 6.4% to Rp45,100.

Siswarini expressed optimism about the telecommunications industry's prospects, noting the essential nature of connectivity and internet services. "We are optimistic about strengthening the mobile and fixed broadband ecosystem sustainably while prioritizing excellent customer experience," she added. The B2B Infrastructure segment also performed well, with revenue reaching Rp2.4 trillion, a 6.8% increase, supported by ongoing expansion in the Fibe business.