Revenue Growth of 15%, GoTo Operating Cash Flow Positive at IDR 307 Billion

Jakarta — PT GoTo Gojek Tokopedia Tbk (GOTO), a technology company listed on the Indonesia Stock Exchange (BEI), reported revenue growth of 15% to IDR 18.32 trillion in 2025.

According to GoTo’s financial statements submitted to the Indonesia Stock Exchange on Wednesday, 11 March 2026, the largest revenue contribution came from delivery services at IDR 5.78 trillion, up 8.1% from the previous year’s IDR 5.34 trillion.

The second-largest revenue source was service fees at IDR 5.69 trillion, followed by lending revenue from GoTo Financial (GTF), which surged 95% to IDR 3.78 trillion from the previous year’s IDR 1.94 trillion.

Combined revenue from delivery services and service fees totalled IDR 11.48 trillion, generated by Gojek’s on-demand services business. This represented 63% of GOTO’s total net revenue.

Notably, GoTo received e-commerce service fee revenue of IDR 820 billion throughout the previous year, up 32% from IDR 622 billion in the prior year, derived from Tokopedia’s transaction fee profits.

The company also reduced expenses, with general and administrative expenses declining 10% to IDR 3.99 trillion, and operating support costs also decreasing. As a result, GOTO significantly reduced net losses attributable to the parent entity to IDR 1.19 trillion, a 77% decrease from the previous net loss of IDR 5.15 trillion.

Total assets at the end of December 2025 increased by 5.9% to IDR 45.76 trillion, with cash and cash equivalents also rising 13.44% to IDR 21.76 trillion.

Meanwhile, operating cash improved to a positive IDR 500.27 billion from a negative IDR 919.49 billion previously, resulting in net operating cash flow of IDR 307.03 billion, compared to the negative IDR 622.11 billion at the end of December 2024.

Additionally, operating losses fell 84%, leaving only IDR 378.25 billion compared to the previous year’s operating loss of IDR 2.24 trillion.