PT Goto Gojek Tokopedia Tbk (ISX:GOTO) Research & Development: Rp2,142,784 Mil (TTM As of Mar. 2026)


ISX:GOTO PT Goto Gojek Tokopedia Tbk ISX:GOTO
73 GF Score
Price Rp50.00
GF Value Rp84.88
Valuation Possible Value Trap
! 5 Warning Signs
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What is PT Goto Gojek Tokopedia Tbk Research & Development?

PT Goto Gojek Tokopedia Tbk ISX:GOTO 73 Research & Development is Rp2,142,784 Mil as of Mar. 2026. GuruFocus rates ISX:GOTO with a GF Score™ of 73/100 and a GF Value™ of Rp84.88 (Possible Value Trap). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. PT Goto Gojek Tokopedia Tbk's Research & Development for the three months ended in Mar. 2026 was Rp467,948 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was Rp2,142,784 Mil.

PT Goto Gojek Tokopedia Tbk  (ISX:GOTO) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

PT Goto Gojek Tokopedia Tbk Research & Development Related Terms

PT Goto Gojek Tokopedia Tbk Research & Development Historical Data

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The historical data trend for PT Goto Gojek Tokopedia Tbk's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

PT Goto Gojek Tokopedia Tbk Research & Development Chart

PT Goto Gojek Tokopedia Tbk Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 2,417,006.00 4,642,199.00 3,517,369.00 1,756,068.00 2,152,272.00

PT Goto Gojek Tokopedia Tbk Quarterly Data
Dec20 Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 477,436.00 531,395.00 562,482.00 580,959.00 467,948.00
ISX:GOTO
73GF Score
PT Goto Gojek Tokopedia Tbk ISX:GOTO
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Goto Gojek Tokopedia Tbk Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was Rp2,142,784 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of Rp2,142,784 Mil mean?
PT Goto Gojek Tokopedia Tbk (ISX:GOTO) has a Research & Development of Rp2,142,784 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on PT Goto Gojek Tokopedia Tbk and its competitors.
Is PT Goto Gojek Tokopedia Tbk's Research & Development too high?
PT Goto Gojek Tokopedia Tbk's current Research & Development is Rp2,142,784 Mil. Overall, PT Goto Gojek Tokopedia Tbk has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Goto Gojek Tokopedia Tbk's Research & Development compare to MSFT and ORCL?
PT Goto Gojek Tokopedia Tbk's Research & Development of Rp2,142,784 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on PT Goto Gojek Tokopedia Tbk and its competitors. PT Goto Gojek Tokopedia Tbk's current Research & Development is Rp2,142,784 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Goto Gojek Tokopedia Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Goto Gojek Tokopedia Tbk (ISX:GOTO) is currently considered Possible Value Trap. The stock's GF Value™ is Rp84.88, compared to a current price of Rp50.00 — trading 41.1% below its estimated fair value. The current Research & Development is Rp2,142,784 Mil. PT Goto Gojek Tokopedia Tbk's overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For PT Goto Gojek Tokopedia Tbk (ISX:GOTO), the current Research & Development is Rp2,142,784 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Goto Gojek Tokopedia Tbk (ISX:GOTO) Overvalued in 2026?

Based on GuruFocus' analysis, PT Goto Gojek Tokopedia Tbk stock appears to be undervalued. The current stock price of Rp50.00 is trading 41.1% below its estimated GF Value™ of Rp84.88. GuruFocus considers PT Goto Gojek Tokopedia Tbk to be Possible Value Trap.

Key valuation signals for ISX:GOTO:

  • Research & Development: Rp2,142,784 Mil
  • GF Value™: Rp84.88 vs. price of Rp50.00 (41.1% below fair value)
  • GF Score™: 73/100 with 5 warning signs

No single metric tells the full story. See the ISX:GOTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

PT Goto Gojek Tokopedia Tbk Business Description

Other Exchanges GTOFF:USACK8:Germany
Address Jalan Iskandarsyah II No. 2, Gedung Pasaraya Blok M, 6-7th Floor, Jakarta, IDN, 12160
GoTo is an Indonesian ecosystem that combines ride-hailing, delivery, and financial services under one app. The company operates primarily in Indonesia and is the product of a merger between Gojek and Tokopedia in May 2021, but recently divested the e-commerce business into a combined entity with TikTok Indonesia in 2024. Looking ahead, we expect the financial services business to account for the majority of revenue while its on-demand business begins to become less of a priority. Prior to the deconsolidation, 82% of nonfinancial services' gross transactional value came from e-commerce, and the firm will begin to expand into financial services such as providing loans and buy-now, pay-later programs. The company competes with Grab in the ride-hailing and delivery business.
73GF Score

Get the complete analysis for ISX:GOTO

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp50.00
Price
Rp84.88
GF Value