In brief

TIM posted normalized profit of R$ 1.1 billion in 3Q26.

Revenue rose 5.3% to R$ 7.1 billion.

What we know

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  1. Verified fact · material

    TIM posted normalized net income of about R$ 1.1 billion in 3Q26, down 7.8% from 3Q25.

    Profit.

  2. Verified fact · material

    Revenue was about R$ 7.1 billion, up 5.3%.

    Revenue.

  3. Verified fact · material

    Adjusted Ebitda was R$ 3.7 billion, up 6.7%.

    Ebitda.

    Sources[01][03]
  4. Verified fact

    According to Exame, reported profit was R$ 991 million, down 18%, with a R$ 207 million accounting loss tied to the I-Systems purchase.

    Reported.

    Sources[02]

Transmission to assets

Market read-through

Rising revenue supports operations, while profit reflects one-offs.

Portfolio impact

01
TIMS3uncertain

In-line profit.

Costs rise.

What would change the view: Firm revenue.

direct5% confidence

Direction is an explanatory hypothesis, not a forecast or recommendation.

Next signals

What to watch

  • Dividends
  • Debt costs

Limits of the reporting

What remains uncertain

  • Reported profit differs from normalized.

Full sources

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