TLK

MKT CAP:$16B

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

Market Cap

$16B

Communication Services·Telecommunications Services· Indonesia·NYSE

Communication·Telecommunications·NYSE

Stock Price

$17.22-$3.86 (-18.31%)

Apr 23, 2026

Company Details

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides telecommunications, informatics, and network services worldwide. The company's Mobile segment offers mobile voice, SMS, and mobile broadband services; and digital servi...

CEO

Dian Siswarini

IPO Date

Nov 14, 1995

Website

www.telkom.co.id

Key Metrics TTM

Revenue

$8.7B

+0.4% YoY

Net Income

$1.3B

EPS (Diluted)

$1.33

Free Cash Flow

$2.0B

Revenue / Share

$8.76

Gross Margin

68.3%

Operating Margin

27.9%

Net Margin

15.0%

FCF Margin

22.9%

P/S

1.9x

P/E

12.6x

Earnings Reports

Q4 2024

Apr 29, 2026

PENDING

FY 2024

Apr 28, 2025

$8.7B+0.5%EPS $1.38

Q3 2024

Oct 30, 2024

$2.1B-2.2%EPS $0.35

Q2 2024

Jul 29, 2024

$2.2B+1.3%EPS $0.33

Q1 2024

Apr 18, 2024

$2.2B+3.7%EPS $0.35

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 20	$1.9B	$1.3B	$597M
Q3 20	$1.9B	$1.3B	$622M
Q1 21	$2.0B	$1.4B	$676M
Q2 21	$2.1B	$1.5B	$689M
Q3 21	$2.1B	$1.5B	$733M
Q1 22	$2.0B	$1.4B	$613M
Q2 22	$2.1B	$1.5B	$712M
Q3 22	$2.1B	$1.5B	$499M
Q4 22	$2.2B	$1.5B	$471M
Q1 23	$2.1B	$1.5B	$661M
Q2 23	$2.2B	$1.5B	$670M
Q3 23	$2.2B	$1.5B	$691M
Q4 23	$2.2B	$1.5B	$549M
Q1 24	$2.2B	$1.5B	$636M
Q2 24	$2.2B	$1.5B	$614M
Q3 24	$2.1B	$1.4B	$625M

Valuation

Quarter	P/S	P/E
Q2 20	2.8x	17.8x
Q3 20	2.3x	14.1x
Q1 21	3.1x	18.0x
Q2 21	2.8x	16.4x
Q3 21	3.0x	17.2x
Q1 22	3.9x	22.1x
Q2 22	3.3x	18.1x
Q3 22	3.4x	21.8x
Q4 22	2.8x	20.0x
Q1 23	3.2x	22.4x
Q2 23	3.0x	22.4x
Q3 23	2.7x	17.3x
Q4 23	2.9x	17.7x
Q1 24	2.5x	15.6x
Q2 24	2.1x	13.7x
Q3 24	2.3x	15.0x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 20	$958M	$368M
Q3 20	$767M	$577M
Q1 21	$1.0B	$662M
Q2 21	$905M	$465M
Q3 21	$1.0B	$653M
Q1 22	$1.1B	$633M
Q2 22	$944M	$440M
Q3 22	$920M	$523M
Q4 22	$1.3B	$620M
Q1 23	$715M	$159M
Q2 23	$765M	$472M
Q3 23	$992M	$527M
Q4 23	$1.0B	$401M
Q1 24	$915M	$599M
Q2 24	$801M	$406M
Q3 24	$940M	$583M

Capital Expenditures

Quarter	CapEx
Q2 20	$589M
Q3 20	$190M
Q1 21	$345M
Q2 21	$440M
Q3 21	$381M
Q1 22	$443M
Q2 22	$504M
Q3 22	$397M
Q4 22	$680M
Q1 23	$556M
Q2 23	$293M
Q3 23	$465M
Q4 23	$628M
Q1 24	$316M
Q2 24	$395M
Q3 24	$357M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 20	-6.3%	-2.1%
Q3 20	-4.1%	-8.2%
Q1 21	+2.0%	+0.9%
Q2 21	+3.9%	+6.1%
Q3 21	+11.9%	+6.9%
Q1 22	+6.4%	+10.2%
Q2 22	+8.3%	+9.9%
Q3 22	+3.8%	+19.6%
Q4 22	+5.1%	+26.9%
Q1 23	+2.5%	+0.3%
Q2 23	+1.7%	+5.5%
Q3 23	+2.4%	-8.7%
Q4 23	-1.2%	-6.0%
Q1 24	+3.7%	+7.1%
Q2 24	+1.3%	+5.6%
Q3 24	-2.2%	+1.2%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 20	$0	0.0%
Q3 20	$0	0.0%
Q1 21	$0	0.0%
Q2 21	$0	0.0%
Q3 21	$0	0.0%
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q2 20	$277M	$47M
Q3 20	$248M	$52M
Q1 21	$247M	$44M
Q2 21	$288M	$45M
Q3 21	$271M	$49M
Q1 22	$251M	$47M
Q2 22	$306M	$51M
Q3 22	$291M	$63M
Q4 22	$312M	$66M
Q1 23	$284M	$44M
Q2 23	$315M	$52M
Q3 23	$300M	$54M
Q4 23	$347M	$54M
Q1 24	$301M	$46M
Q2 24	$397M	$45M
Q3 24	$290M	$55M

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 21	$2.2B	$25M	$2.2B
Q1 22	$2.4B	$54M	$2.5B
Q2 22	$2.3B	$24M	$2.3B
Q3 22	$1.8B	$19M	$1.8B
Q4 22	$1.8B	$54M	$1.9B
Q1 23	$1.7B	$79M	$1.8B
Q2 23	$2.3B	$63M	$2.4B
Q3 23	$1.5B	$89M	$1.6B
Q4 23	$1.7B	$82M	$1.8B
Q1 24	$1.7B	$72M	$1.8B
Q2 24	$1.5B	$154M	$1.6B
Q3 24	$1.4B	$152M	$1.6B
Q4 24	$2.0B	$65M	$2.0B
Q1 25	$2.0B	$75M	$2.1B
Q2 25	$1.9B	$72M	$2.0B
Q3 25	$1.8B	$87M	$1.9B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 20	991M	0.0%	0.0%
Q3 20	991M	0.0%	0.0%
Q1 21	991M	0.0%	0.0%
Q2 21	991M	0.0%	0.0%
Q3 21	991M	0.0%	0.0%
Q1 22	991M	0.0%	0.0%
Q2 22	991M	0.0%	0.0%
Q3 22	991M	0.0%	0.0%
Q4 22	991M	0.0%	0.0%
Q1 23	991M	0.0%	0.0%
Q2 23	991M	0.0%	0.0%
Q3 23	991M	0.0%	0.0%
Q4 23	991M	+0.0%	+0.0%
Q1 24	991M	0.0%	+0.0%
Q2 24	991M	0.0%	+0.0%
Q3 24	991M	0.0%	+0.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 20	$77.8K	24K
Q3 20	$78.8K	24K
Q1 21	$92.0K	21K
Q2 21	$96.3K	21K
Q3 21	$99.0K	21K
Q1 22	$97.7K	21K
Q2 22	$102.0K	21K
Q3 22	$102.4K	21K
Q4 22	$106.4K	21K
Q1 23	$99.9K	21K
Q2 23	$103.5K	21K
Q3 23	$104.6K	21K
Q4 23	$106.5K	21K
Q1 24	$105.0K	21K
Q2 24	$106.2K	21K
Q3 24	$103.6K	21K

Revenue / Employee