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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 3,115 | 2,666 | 4,271 | 3,703 | 2,971 | 2,496 | 4,521 | 3,478 | 2,687 | 1,646 | 4,849 | 3,484 |
| Depreciation and amortization | 1,521 | 1,471 | 1,518 | 1,531 | 1,534 | 1,512 | 1,492 | 1,558 | 1,520 | 1,519 | 1,395 | 1,626 |
| Capital expenditure | -935 | -1,354 | -1,347 | -974 | -882 | -1,339 | -1,375 | -896 | -925 | -1,355 | -1,292 | -998 |
| Investing cash flow | -1,727 | -905 | -184 | -1,243 | -801 | -1,333 | -1,698 | -1,748 | -776 | -732 | -2,885 | -1,544 |
| Financing cash flow | -2,733 | -1,350 | -4,150 | -1,781 | -2,016 | -1,582 | -1,852 | -1,554 | -1,784 | -2,007 | -2,495 | -1,398 |
| Dividends paid | -1,153 | -478 | -3,626 | -108 | -956 | -670 | -1,368 | -80.3 | -626 | -645 | -419 | -286 |
| Share repurchases | -0.1 | -0.1 | -392 | -308 | -34.9 | -13.0 | — | -26.9 | -40.3 | -4.7 | — | -2.8 |
| Debt issued | 39.2 | 65.8 | 53.7 | 20.4 | 0.0 | — | — | 116 | 387 | — | — | — |
| Debt repaid | -1,192 | -445 | -464 | -467 | -519 | -501 | -697 | -558 | -999 | -998 | -1,455 | -506 |
| Net change in cash | -1,344 | 411 | -63.2 | 679 | 154 | -418 | 971 | 176 | 126 | -1,093 | -531 | 542 |
| Free cash flow | 2,180 | 1,312 | 2,924 | 2,729 | 2,089 | 1,157 | 3,147 | 2,582 | 1,762 | 291 | 3,557 | 2,486 |
| Levered free cash flow | 400 | 526 | 1,638 | 1,542 | 531 | 2,096 | 2,388 | 1,370 | 450 | 562 | 1,251 | 1,209 |