Quarterly ResultMay 6, 2026, 06:09 AM
TIM 1Q26 Net Revenue R$6.81B (+6.5% YoY); Net Income R$821M (+1.3% YoY)
AI Summary
TIM S.A. reported a strong first quarter 2026, with Net Revenue increasing 6.5% year-over-year to R$6.81 billion and Normalized Net Income rising 1.3% to R$821 million. The company also announced a new financial partnership with PicPay to expand its digital ecosystem and completed the acquisition of the remaining 51% of I-Systems, making it a wholly-owned subsidiary. Operational performance was robust, driven by postpaid growth and Ultrafibra expansion, alongside accelerated AI adoption and efficient cash flow generation.
Key Highlights
- Net Revenue grew 6.5% YoY to R$6,806 million in 1Q26.
- Normalized Net Income increased 1.3% YoY to R$821 million.
- Normalized EBITDA rose 6.6% YoY to R$3,287 million, with a 48.3% margin.
- New financial partnership with PicPay expands TIM's digital ecosystem and financial services.
- Acquired remaining 51% of I-Systems, making it a wholly-owned subsidiary.
- Mobile customer base remained stable at 61.99 million, with postpaid growing 7.6% YoY.
- TIM Ultrafibra customer base increased 11.4% YoY to 880,000.
- Operating Cash Flow (OpCF) surged 16.8% YoY to R$1,169 million.
- Approved R$390 million in Interest on Capital distribution on March 18, 2026.