Telkom Reports Solid Q1 2026 Performance Amidst Transformation

PT Telkom Indonesia (Persero) Tbk (Telkom) announced a progressive financial performance for the first quarter of 2026, achieving consolidated revenue of Rp 37.2 trillion, a 1.5% year-over-year growth.

Despite macroeconomic uncertainties, the company maintained operational discipline and accelerated its transformation strategy, known as TLKM 30. EBITDA reached Rp 18.0 trillion with a 48.3% margin, and net profit was Rp 4.3 trillion (11.7% margin). Normalized net profit was Rp 5.1 trillion (13.8% margin). The reported net profit contraction was primarily due to the accelerated depreciation and business normalization during the transformation, which are considered transitional and non-cash impacts.

Operational cash flow grew 3.1% year-over-year to Rp 17.3 trillion, attributed to efficiency programs and improved billing discipline. Telkom's CEO, Dian Siswarini, stated that the company will intensify the execution of the TLKM 30 strategy this year to create optimal value and ensure solid future sustainability. "This first-quarter performance is a good start and a motivation for TelkomGroup to continue making gradual improvements to provide the best achievements and contributions for the company, customers, community, and the country," she said.

The B2C segment, encompassing Telkomsel's mobile and fixed broadband services, generated consolidated revenue of Rp 27.6 trillion, a 1.3% year-over-year increase, driven by digital business revenue. Data payload also rose 2.3% year-over-year, supported by investments in network quality and expansion. Strategies including price discipline, product simplification, and enhanced customer experience led to an increase in Average Revenue Per User (ARPU) to Rp 45,100, up 6.4% year-over-year. This reflects a healthier market and a more stable industry.

Telkomsel will continue to focus on ARPU growth through customer productivity and digital lifestyle service innovation. Dian added that the telecommunications industry remains promising due to the essential nature of connectivity and internet services. "We are optimistic about strengthening the mobile and fixed broadband ecosystem," she concluded.

“

This first-quarter performance is a good start and a motivation for TelkomGroup to continue making gradual improvements to provide the best achievements and contributions for the company, customers, community, and the country.