TIM S.A. (TIMB) Earnings
TIM S.A. is expected to report next earnings on July 28, 2026 (in NaN days), with a consensus EPS estimate of $0.37. TIMB has beaten EPS estimates in 5 of its last 9 reported quarters (average surprise -0.0% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| May 6, 2026 | $0.34 | $0.32 | -5.9% | $1.4B | +4.6% |
| Jul 30, 2025 | $0.31 | $0.35 | +12.9% | $1.2B | +0.5% |
| Mar 28, 2025 | — | $0.35 | — | $1.1B | — |
| Feb 9, 2023 | $0.18 | $0.22 | +22.2% | $1.1B | -2.7% |
| Aug 2, 2022 | $0.17 | $0.12 | -29.4% | $1.0B | +6.1% |
| May 4, 2022 | $0.13 | $0.18 | +38.5% | $1.0B | +9.1% |
| Feb 24, 2022 | $0.21 | $0.29 | +38.1% | $855M | -2.5% |
| May 5, 2021 | — | $0.10 | — | $760M | — |
| Feb 9, 2021 | $0.26 | $0.04 | -84.6% | $898M | — |
| Nov 4, 2020 | — | $0.14 | — | $778M | — |
| Jul 29, 2020 | $0.08 | $0.10 | +25.0% | $742M | — |
| May 5, 2020 | $0.13 | $0.08 | -38.5% | $799M | — |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · May 6, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
• Prioritized execution in early 2026 amid external volatility. • Finalized agreement with V8, close to completing iSystem deal, rolled out mobile offer updates, enhanced B2B approach, consolidated broadband recovery. • Mobile postpaid revenues up 7.5% y-o-y, working on prepaid offers. • 3D strategy driving mobile performance, network upgrades in Brasilia and Belo Horizonte. • Big Brother Brazil sponsorship and MyTeam app part of digital strategy. • B2B contractor revenues up 30% y-o-y, partnership with Axia and acquisition of V8 as strategic steps. • AI program transformative, productivity gains in IT, expanding partnerships with Google and Microsoft.
Guidance
• Continue to strengthen mobile business by improving network quality, evolving offers, enhancing service, expanding ecosystem through partnerships. • Sustain operational improvements in broadband. • Continue scaling B2B capabilities through connectivity, digital solutions, and V8 integrations. • B2B expansion expected to continue at double-digit rate with V8 contribution starting in February included in guidance.
Segment performance
Service revenue grew 6.5% year-over-year, driven mainly by mobile and supported by fixed. Mobile service revenues grew 5.6%. Postpaid revenues increased 7.5% year-over-year. Broadband revenues up for second consecutive quarter with positive net additions. B2B contractor revenues reached ~1.1 billion reais, 30% year-over-year growth. Mobile: Postpaid is main growth contributor, working on prepaid offers. 3D strategy (by network, by offer, by service) drives performance. Best Network advancing network shops, modernizing sites, benefiting 3 million customers with upgraded 5G. Software: Big Brother Brazil sponsorship supported brand engagement. Service: MyTeam app reached 18.4 million monthly unique users. B2B: Focus on connectivity-led solutions, partnership with Axia for 5G in hydropower plant, acquisition of V8 expands solutions and cross-selling opportunities.
Risks & headwinds
• Interconnection costs have seasonal and provider-related impacts. • Bad debt pressure related to macro environment, expected to continue in second quarter. • Leases have various impacts from renegotiations, including deferred revenue and incentive changes. • Voluntary churn increased due to price up, though expected to phase down. • Uncertainty around outcomes of regulatory matters like Fistel discussion at STF. • Energy costs and inflation volatility with some unpredictability.
Analyst Q&A
Q: About VA tech and B2B growth, inclusion in guidance, and B2B growth outlook.
A: B2B vertical growing double-digit, V8 contribution included in guidance.
Q: Comment on margins, OPEX headwinds.
A: Interconnection has seasonal and provider impacts, bad debt pressure, renegotiation with American Tower has multiple impacts.
Q: Perception of mobile competitive landscape.
A: Competitive landscape constructive, price up in postpaid, considering hybrid plan implementation.
Q: Fiber growth, M&A for fiber.
A: Priority is closing iSystem deal, assessing non-organic opportunities.
Q: AI opportunities, Kickstarter partnership.
A: AI improving productivity, Kickstarter partnership to create value proposition.
Q: Other operating expenses, leases recurrency.
A: Incremental provisions, leases have multiple negotiation and make vs lease approaches.
Q: Customer reaction to price increase, 700 megahertz auction impact.
A: Voluntary churn increased, 700 megahertz frequencies already in use with legal proceedings.
Q: Energy costs, leases inflation caps, D2D in Brazil.
A: Energy plants protect from volatility, leases have inflation rates, D2D niche but cost-benefit to be analyzed.
Q: Higher delinquency impact, deferred revenue.
A: Cautious credit analysis, deferred revenue impacted by ATC renegotiation.
Q: Fistel STF outcome competition.
A: Strong legal case, discussion to take months.