TIM revenue and financials
R$19.00Change from previous close: −1.40%Absolute change: −R$0.27
In the fiscal year ended December 2025, TIM reported revenue of R$26.62B (+4.62% year over year). Net income was R$4.31B, a net margin of 16.2%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +4.62%
- 2025 vs 2024
- Net income growth
- +36.72%
- 2025 vs 2024
- Net margin
- 16.2%
- 2024: 12.4%
Financial data
Amounts in millions of BRL; per-share values in BRL; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 13,440 | 12,332 | 12,421 | 9,162 | 10,078 |
| Depreciation and amortization | 6,095 | 6,089 | 6,139 | 5,684 | 4,527 |
| Capital expenditure | -4,541 | -4,550 | -4,504 | -4,730 | -5,284 |
| Investing cash flow | -3,561 | -4,954 | -4,684 | -8,353 | -6,689 |
| Financing cash flow | -9,528 | -7,197 | -7,208 | -3,489 | -735 |
| Dividends paid | -5,360 | -2,720 | -2,175 | -1,199 | -1,043 |
| Share repurchases | -748 | -45.0 | -2.8 | — | -11.1 |
| Debt issued | 77.9 | 593 | 0.0 | 1,568 | — |
| Debt repaid | -1,951 | -3,252 | -3,010 | -2,132 | — |
| Net change in cash | 352 | 181 | 529 | -2,680 | 2,653 |
| Free cash flow | 8,899 | 7,781 | 7,916 | 4,432 | 4,794 |
| Levered free cash flow | 6,110 | 4,990 | 3,683 | 3,625 | 5,077 |
