Earnings ·
TIM reports 3Q26 EBITDA of R$3.7B (+6.8% YoY), confirms full-year guidance
TIMBTim S.A.
TIM S.A. reported third-quarter 2026 results showing normalized EBITDA of R$3,701 million, a 6.7% increase year-over-year, with margins expanding to 52.4%. Service revenue grew 5.8% to R$6,882 million, driven by fixed-line growth of 30.1% and mobile revenue increases of 4.7%. Operating cash flow rose 11.6% to R$4,976 million for the nine-month period. The company confirmed its full-year guidance ranges: service revenue growth around 5%, EBITDA growth between 6-8%, operating cash flow growth of 11-14%, and nominal capex of R$4.4–4.6 billion. Additionally, TIM announced a new share buyback program alongside R$1.56 billion in shareholder remuneration for the first nine months. The company operates as a major telecommunications provider in Brazil.