TIM S.a. income statement
In fiscal 2025, TIM S.a. reported revenue of $4.77bn, up 0.5% on the year before, operating income of $1.14bn (a 23.8% margin) and net income of $773m, or $1.59 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,681 | 4,413 | 3,378 | 3,352 | 4,180 | 4,776 | 4,745 | 4,770 |
| Cost of revenue | 2,123 | 1,888 | 1,564 | 1,567 | 2,069 | 2,304 | 2,217 | 2,198 |
| Gross profit | 2,558 | 2,525 | 1,814 | 1,785 | 2,111 | 2,472 | 2,527 | 2,573 |
| Selling and marketing | — | — | — | 371 | 272 | 321 | 270 | 396 |
| General and administrative | 443 | −436 | 327 | 320 | 351 | 353 | 335 | 311 |
| Operating income | 666 | 1,147 | 548 | 697 | 614 | 945 | 1,027 | 1,137 |
| Interest expense | 27 | −30 | −14 | −18 | — | — | — | — |
| Income before tax | 518 | 1,152 | 390 | 576 | −334 | 638 | 675 | 817 |
| Income tax | −183 | −232 | 32 | 27 | 10 | 69 | 87 | 44 |
| Net income | 702 | 920 | 358 | 549 | 324 | 569 | 588 | 773 |
| Diluted EPS | — | $1.90 | $0.74 | $1.13 | $0.67 | $1.17 | $1.21 | $1.59 |
| Diluted shares (average) | — | 484m | 484m | 484m | 484m | 484m | 484m | 483m |
| EBITDA | — | 2,449 | 581 | 1,754 | 1,939 | 2,371 | 2,337 | 2,405 |
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