GoTo Posts Net Profit for Two Consecutive Quarters, Demonstrating Ecosystem Strength

Jakarta, CNBC Indonesia — Technology company PT GoTo Gojek Tokopedia Tbk (GOTO) has just released its financial report published on the Indonesia Stock Exchange (IDX) for the first half of 2026, covering the six months to June.

The result: the company recorded a profit for the period attributable to owners of the parent entity of Rp607 billion in the first half of 2026, reversing a loss of Rp580 billion in the first half of 2025.

With this achievement, the company, which oversees the Gojek on-demand service and the GoPay fintech business, has recorded net profits for two consecutive quarters, after also posting a net profit of Rp258 billion in the first quarter.

During the first half of 2026, GoTo’s net revenue exceeded Rp10.99 trillion, soaring 28.4% from net revenue of Rp8.56 trillion in the first half of 2025. The largest revenue contribution still came from delivery services at Rp3.2 trillion (+16.5%), followed by service fees of Rp3.15 trillion (+14.9%) and lending revenue of Rp2.71 trillion (+65%).

Other revenue contributions came from e-commerce service fees at PT Tokopedia of Rp551 billion (+32.3%) and advertising revenue of Rp254 billion (+8%). The remainder came from other income of Rp1.13 trillion, surging 46.5% from the first half of last year.

GOTO also recorded an operating profit of Rp782 billion, compared with an operating loss of Rp172 billion previously. In terms of assets, GOTO recorded an increase of 3.8% compared with December 2025, reaching Rp47.47 trillion, with cash and cash equivalents of Rp23 trillion.