Pt Goto Gojek Tokopedia Tbk · IDX:GOTO

Pt Goto Gojek Tokopedia Tbk — GoTo Gojek Tokopedia PT — Q2 2026 Earnings Presentation

33 slides from Pt Goto Gojek Tokopedia Tbk's earnings presentation, Jul 29, 2026

  1. Slide 1: 2Q 2026 Results

    2Q 2026 Results July 2026

  2. Slide 2: Disclaimer & Cautionary Statements

    Disclaimer & Cautionary Statements Forward-Looking Statements This document may contain forward-looking information or forward-looking statements including, but not limited to discussions of strategy, future plans and indicative financial performance (collectively, “forward-looking information”). Fo

  3. Slide 3: Key Strategic Focus

    Key Strategic Focus Financial and Operating Highlights Non-IFAS Reconciliations Appendix 3

  4. Slide 4: Our Second Consecutive Quarter of Net Profit

    Our Second Consecutive Quarter of Net Profit (IDR billions) +47% QoQ 252 Group Net Profit1 171 IDR 252 Billion 1Q26 2Q26 1 For the definition of operating and financial metrics, please refer to the Appendix 4

  5. Slide 5: Group: Adjusted EBITDA Crosses IDR 1 Trillion, Surges 137%

    Group: Adjusted EBITDA Crosses IDR 1 Trillion, Surges 137% +137% YoY 1,010 Group Adjusted EBITDA1,2 (IDR billions) 907 +137% YoY Growth 672 516 427 393 Group 326 Annual Transacting Users1 152 71m Users (64) +19% 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 YoY Growth 1 For the definition of operatin

  6. Slide 6: Double-Digit Growth Across Core GTV and Net Revenue

    Double-Digit Growth Across Core GTV and Net Revenue Group Core GTV1 Group Net Revenue2 (IDR trillions) (IDR trillions) +83% 164 +31% YoY Growth YoY Growth 5.7 5.3 138 5.0 4.7 124 4.3 4.2 4.2 3.9 103 3.5 90 83 79 72 63 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q

  7. Slide 7: Group Guidance Maintained: Fintech Raised, ODS Lowered

    Group Guidance Maintained: Fintech Raised, ODS Lowered FY26 Group Adjusted EBITDA1 IDR 3.2-3.4 Trillion MAINTAINED FY26 ODS Adjusted EBITDA1 IDR 1.4-1.5 Trillion REVISED From IDR 1.7 -1.8 Trillion previously FY26 Fintech Adjusted EBITDA1 IDR 1.7-1.8 Trillion REVISED From IDR 1.4 -1.5 Trillion previo

  8. Slide 8: Impact Managed by the Strength of our Ecosystem

    Impact Managed by the Strength of our Ecosystem ON-DEMAND SERVICES FINANCIAL TECHNOLOGY Mobility Delivery Payment Lending 2W GoRide GoFood E-Wallet & QRIS GoPay Later Contribution: 7% of total Group Net Revenue GoSend Transfer & Bills Consumer Loans, etc. 4W GoCar 2W Operational Update Financial Imp

  9. Slide 9: On-Demand Services: Bottom Line Remains Solid

    On-Demand Services: Bottom Line Remains Solid +41% YoY ODS Adjusted EBITDA1 464 (IDR billions) 439 415 +41% 328 336 YoY Growth 314 267 156 90 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 As % of 0.6% 0.9% 1.6% 2.0% 2.0% 2.0% 2.3% 2.7% 2.8% Core GTV 1 For the definition of operating and financial met

  10. Slide 10: Moderate GTV Growth, Strong Net Revenue Performance

    Moderate GTV Growth, Strong Net Revenue Performance ODS Core GTV1,2 ODS Net Revenue2 (IDR trillions) (IDR trillions) +2% +20% YoY Growth YoY Growth 3.6 17.7 3.4 3.4 17.1 16.7 16.7 16.3 16.4 16.3 3.2 15.7 3.1 3.0 3.0 15.1 2.9 2.6 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 2Q24 3Q24 4Q24 1Q25 2Q25 3

  11. Slide 11: Mobility: 58% Adj EBITDA Growth and Continued Margin Expansion

    Mobility: 58% Adj EBITDA Growth and Continued Margin Expansion Mobility +58% YoY Adjusted EBITDA1,2 290 (IDR billions) 275 280 +58% 226 222 YoY Growth 190 185 183 158 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 As % of 2.8% 2.9% 3.6% 3.8% 3.0% 3.0% 4.2% 4.9% 5.0% Core GTV 1 For the definition of op

  12. Slide 12: Delivery: Margin Expansion and 20% Adj EBITDA growth

    Delivery: Margin Expansion and 20% Adj EBITDA growth Delivery Adjusted EBITDA1,2 +20% YoY (IDR billions) 223 203 +20% 186 189 183 YoY Growth 133 82 13 (7) 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 As % of (0.1)% 0.1% 0.8% 1.4% 1.8% 1.8% 1.6% 1.9% 2.1% Core GTV 1 For the definition of operating an

  13. Slide 13: Growing the Mass Market While Serving the Affluent

    Growing the Mass Market While Serving the Affluent MASS MARKET AFFLUENT Pilot - Mass Market Strategy Food Express VHS Users2 5x +15% Completed Orders1 GTV VHS Users2 increase in pooling driver trips per hour +44% +46% +21% YoY Growth YoY Growth YoY Growth 1 For the definition of operating and financ

  14. Slide 14: Fintech: 447% Adj. EBITDA Growth and Upgraded FY26 Guidance

    Fintech: 447% Adj. EBITDA Growth and Upgraded FY26 Guidance Fintech Adjusted EBITDA1 +447% YoY (IDR billions) 481 +447% 364 YoY Growth 226 136 88 47 14 (65) (168) 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 1 For the definition of operating and financial metrics, please refer to the Appendix 14

  15. Slide 15: Fintech Sustains Exceptional Top Line Growth Trajectory

    Fintech Sustains Exceptional Top Line Growth Trajectory Fintech Core GTV1 Fintech Net Revenue (IDR trillions) (IDR trillions) +91% 157.3 +53% 2.1 YoY Growth YoY Growth 1.9 130.6 1.7 116.3 1.5 1.4 95.3 1.2 1.2 82.2 76.1 0.99 71.6 64.6 56.2 0.77 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 2Q24 3Q24 4

  16. Slide 16: Fintech Reaches 28.8 Million Users and 2.4 Billion Transactions in Q2

    Fintech Reaches 28.8 Million Users and 2.4 Billion Transactions in Q2 Fintech Fintech Monthly Transacting Users1 Transactions (millions of users) (billions) +29% 28.8 +91% YoY Growth 27.5 YoY Growth 26.2 24.2 22.4 20.6 +91% 2.4 20.2 18.8 17.4 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 2Q25 2Q26 1

  17. Slide 17: Loan Book Scales to IDR Trillion, Growing 58% YoY

    Loan Book Scales to IDR 11 Trillion, Growing 58% YoY Loan Book +58% YoY Growth 11.0 Total Loans Outstanding1,2 9.9 (IDR trillions) 9.1 8.0 7.0 6.2 5.7 4.7 3.8 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 1 While previous quarters reported only consumer loans, current and historical figures have now

  18. Slide 18: Financial and Operating Highlights

    Key Strategic Focus Financial and Operating Highlights Non-IFAS Reconciliations Appendix 18

  19. Slide 19: 2Q26 Group Key Operating Metrics

    2Q26 Group Key Operating Metrics Group GTV1 Group Net Revenue Group Adjusted EBITDA1 IDR trillions IDR trillions IDR billions +78% +31% +137% Year on Year Year on Year Year on Year 271.4 5.7 5.3 1,010 5.0 236.3 4.7 907 211.7 4.3 Core GTV1 176.5 672 152.9 +83% YoY 516 Core GTV 427 Core GTV Core GTV 1

  20. Slide 20: 2Q26 On-Demand Services Key Operating Metrics

    2Q26 On-Demand Services Key Operating Metrics ODS GTV1 ODS Net Revenue ODS Adjusted EBITDA1 IDR trillions IDR trillions IDR billions +2% +20% +41% Year on Year Year on Year Year on Year 3.6 17.7 3.4 3.4 464 16.4 16.7 16.3 16.7 3.2 439 3.0 415 328 336 2Q25 3Q25 4Q25 1Q26 2Q26 2Q25 3Q25 4Q25 1Q26 2Q26

  21. Slide 21: 2Q26 On-Demand Services

    2Q26 On-Demand Services Mobility GTV1 Net Revenue Adjusted EBITDA1,2 IDR trillions IDR trillions IDR billions -3% +20% +58% Year on Year Year on Year Year on Year 6.5 6.0 6.3 5.7 5.9 0.87 275 280 290 0.86 0.81 0.80 0.73 190 183 2Q25 3Q25 4Q25 1Q26 2Q26 2Q25 3Q25 4Q25 1Q26 2Q26 2Q25 3Q25 4Q25 1Q26 2Q

  22. Slide 22: 2Q26 Fintech Key Operating Metrics

    2Q26 Fintech Key Operating Metrics Fintech GTV1 Fintech Net Revenue Fintech Adjusted EBITDA1 IDR trillions IDR trillions IDR billions +81% +53% +447% Year on Year Year on Year Year on Year 481 265.4 230.2 2.1 1.9 364 205.0 1.7 170.0 1.5 Core GTV1 1.4 146.3 +91% 226 Core GTV YoY Core GTV 157.3 Core G

  23. Slide 23: Stable Portfolio Quality with Low NPLs

    Stable Portfolio Quality with Low NPLs in IDR trillions Jun-25 Sep-25 Dec-25 Mar-26 Jun-26 Loan Aging Current 6.21 6.94 7.88 8.49 9.48 Schedule1 Overdue: 1-30 days past due 0.20 0.24 0.25 0.28 0.32 31-90 days past due 0.24 0.28 0.36 0.40 0.44 >90 days past due 0.05 0.06 0.08 0.07 0.08 Total 6.70 7.5

  24. Slide 24: Financial Updates

    Financial Updates E-commerce Adj. Free Service Fee1 Cash Flow3 (IDR billions) IDR 809 Billion IDR 263 Billion or or 288 263 USD 45 Million2 USD 15 Million2 2Q 2026 2Q 2026 217 211 199 193 183 172 157 Cash Balance4 IDR 23.7 Trillion or USD 1.3 Billion2 As of end of June 2026 2Q24 3Q24 4Q24 1Q25 2Q25

  25. Slide 25: Non-IFAS Reconciliations

    Key Strategic Focus Financial and Operating Highlights Non-IFAS Reconciliations Appendix 25

  26. Slide 26: Group Adjusted EBITDA

    Group For Three-Month Ended For Six-Month Ended Adjusted 2026 Jun 30 2025 2026 Jun 30 2025 EBITDA Profit/(loss) before income tax 344 (228) 691 (500) Add/(Deduct): reconciliation Finance income (177) (134) (328) (290) Interest expenses 196 117 382 235 In IDR Billions, Foreign exchange loss/(gain), n

  27. Slide 27: Segment Adjusted EBITDA

    Segment For Three-Month Ended Jun 30, 2026 Adjusted On-demand services Financial technology eCommerce Corporate cost Total consolidated EBITDA Segment profit/(loss) from operations 423 272 214 (545) 364 reconciliation Add/(Deduct): Depreciation and amortization expenses 50 137 0 15 202 In IDR Billio

  28. Slide 28: Segment Adjusted EBITDA

    Segment For Six-Month Ended Jun 30, 2026 Adjusted On-demand services Financial technology eCommerce Corporate cost Total consolidated EBITDA Segment profit/(loss) from operations 780 402 470 (870) 782 reconciliation Add/(Deduct): Depreciation and amortization expenses 98 271 0 28 397 In IDR Billions

  29. Slide 29: Adjusted Free Cash Flow

    Adjusted For Three-Month Ended For Six-Month Ended Free Cash Jun 30 Jun 30 2026 2025 2026 2025 Flow Net cash generated from operating activities 662 (913) 1,724 (612) Add/(Deduct): In IDR Billions, Financing and lending disbursed to users, net 623 525 1,379 1,057 unless otherwise stated Proceeds fro

  30. Slide 30: Appendix

    Key Strategic Focus Financial and Operating Highlights Non-IFAS Reconciliations Appendix 30

  31. Slide 31: Key Result in 2Q26

    For Three-Month Ended For Six-Month Ended Key Result in Jun 30 Jun 30 2Q26 Group GTV¹ 2026 271,423 2025 152,873 YoY 78% 2026 507,739 2025 297,433 YoY 71% Core GTV¹ 164,331 89,758 83% 302,016 172,980 75% In IDR Billions, Net Revenue 5,653 4,328 31% 10,994 8,559 28% unless otherwise stated Adjusted EB

  32. Slide 32: Appendix

    Appendix Financial Metrics ● Net Profit refers to Profit for the period (including non-controlling interests) Non-IFAS Measures ● Adjusted EBITDA is calculated beginning with profit/(loss) before income tax and adjusting for (i) depreciation and amortization expenses; (ii) finance income; (iii) inte

  33. Slide 33: Go Together, Go Far

    Go Together, Go Far

GoTo Gojek Tokopedia PT — Q2 2026 Earnings Presentation on 6ix