Welcome to our dedicated page for Tim S A SEC filings (Ticker: TIMB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The TIM S.A. (TIMB) SEC filings page on Stock Titan provides access to the company’s U.S. regulatory disclosures as a foreign private issuer. TIM S.A., which trades on B3 as TIMS3 and on the NYSE as TIMB through American Depositary Shares, files annual reports on Form 20-F and frequent current reports on Form 6-K under the Securities Exchange Act of 1934. Notices to the market confirm that Form 20-F contains the annual report for a given calendar year, while Form 6-K is used to furnish material information to U.S. investors.
In these filings, investors can review material facts on the distribution of profits in the form of dividends and interest on equity (IOE), including total amounts, gross value per share, and record dates. Rectifying notices explain adjustments to the per-share amounts when the number of treasury shares changes. Board minutes and Fiscal Council opinions, also filed via Form 6-K, document the internal approval process for these distributions and provide insight into TIM’s capital management policies.
Filings further describe decisions on share repurchase programs and the cancellation of treasury shares, which affect the total number of outstanding common shares. Consolidated forms on director and related party transactions, submitted in accordance with Brazilian CVM Resolution 44/21, detail holdings and movements in TIM’s common registered shares by board members, executives, the controlling shareholder, and related parties, offering transparency into insider positions.
Stock Titan enhances these documents with AI-powered summaries that highlight key points in each filing, helping users quickly understand complex items such as profit distribution resolutions, strategic transactions like the planned acquisition of V8 Consulting S.A. (V8.Tech), and changes to governance policies. Real-time updates from EDGAR mean new 20-F and 6-K filings appear promptly, and users can also locate information relevant to insider activity and committee decisions without reading every page of the original documents.
TIM S.A. reported strong 4Q25 and full-year 2025 results, with growth led by mobile services and tight cost control. Service revenue rose 5.2% in 2025 to R$25,856 million, while total net revenue grew 4.6%.
Normalized EBITDA increased 7.5% in 2025 to R$13,577 million, lifting the normalized EBITDA margin to a record 51.0%. Normalized net income jumped 37.4% to R$4,343 million, helped by higher operating profit and a lower income tax burden.
Operating cash flow after leases and capex (normalized EBITDA‑AL minus capex) grew 15.7% in 2025 to R$6,032 million, while operating free cash flow rose 16.0%. Capex stayed broadly flat at R$4,541 million, supporting Brazil’s largest 5G coverage and B2B expansion, including R$1 billion in contracted B2B revenue.
TIM S.A. (TIMB) reports a strong 2025, with Net Service Revenue up 5.2% and normalized EBITDA rising 7.5%, pushing EBITDA margin from 49.6% to 51.0%. Operating cash flow grew 15.7%, supported by flat capex and disciplined cost control, with opex rising below inflation in every quarter.
Normalized net income increased 37.4%, earnings per share rose 39.1%, and total shareholder remuneration reached about R$4.3 billion, a 139% payout ratio. Net debt stood at R$11,112 million with leverage of 0.82x, while Net Debt-AL was negative, at -R$2,418 million.
The company highlights leadership in 5G, covering over 1,000 cities and winning six national Opensignal awards, and has contracted more than R$1 billion of B2B revenue since 2018. It also remains on CDP’s “A List” for climate for the third consecutive year and plans to present detailed 2026 guidance on February 24.
S.A. reported that its Fiscal Council met and unanimously endorsed the 2025 financial statements and management’s profit allocation and dividend proposal, all backed by an unqualified audit opinion from Ernst & Young.
The Company posted 2025 net income of R$4,311,984,064.94 and adjusted net income of R$3,676,356,774.92. Minimum mandatory dividends of 25% of adjusted net income total R$919,089,193.73, which are covered within R$4,000,000,000.00 already approved in 2025 as dividends and interest on shareholders’ equity. EY reported no fraud or illegal acts.
TIM S.A. filed a Form 6-K explaining press reports about a possible fiber infrastructure transaction. The company confirms it is in non-binding negotiations with IHS Fiber Brasil – Cessão de Infraestruturas Ltda. regarding a potential acquisition of an interest in I-Systems Soluções de Infraestrutura S.A.
TIM S.A. stresses that these talks are ongoing, with no final terms or conditions defined, and form part of its regular evaluation of strategic alternatives to strengthen broadband services and improve its telecommunications infrastructure. It explicitly does not confirm the amounts or detailed terms mentioned in the news article, which were attributed to unidentified sources.
The company also states it observed no atypical fluctuations in trading of its shares or related derivatives that would suggest misuse of privileged information around the article’s publication. Any eventual transaction would depend on internal analyses, customary conditions precedent, and required corporate and regulatory approvals, and the company commits to keep the market informed of relevant developments.
S.A., which trades as TIMS3 in Brazil and TIMB on the NYSE, filed a report clarifying press stories about a possible acquisition. The company confirms it is in non-binding talks with IHS Fiber Brasil – Cessão de Infraestruturas Ltda. over a potential purchase of an interest in I-Systems Soluções de Infraestrutura S.A.
The company states that no agreement has been reached on price, transaction structure, or any estimated timeline. It explains that this disclosure is being made solely to address media reports and to ensure fair and transparent information for the market, and it pledges to update shareholders if any material developments occur.
TIM S.A. has completed the acquisition of the entire capital stock of V8 Consulting S.A. ("V8.Tech"). The company states that all applicable precedent conditions were met before closing, in line with terms previously disclosed in a notice to the market on November 27, 2025.
TIM S.A., listed on B3 as TIMS3 and on the NYSE as TIMB, explains that it will keep shareholders and the broader market informed in accordance with Brazilian securities regulation Resolution No. 44 and other applicable legislation.
TIM S.A. filed a Form 6-K to inform shareholders that the date of its next Annual Shareholders’ Meeting has been rectified and will now be held on March 31, 2026, as reflected in the Company’s Corporate Events Calendar.
The Company states that additional information about this meeting will be provided later, when the formal call notice and related documents are released.
TIM S.A. reported decisions from a Board of Directors’ meeting held in Rio de Janeiro on January 21, 2026. The board approved contracts for the supply of Radio Access Network (RAN) goods and services with HUAWEI do Brasil Telecomunicações Ltda. and NOKIA Solutions and Networks do Brasil Telecomunicações Ltda., allowing company officers to finalize and sign the necessary documents.
The board also approved a unified infrastructure lease agreement between TIM S.A. and American Tower do Brasil – Cessão de Infraestruturas S.A. (AMERICAN TOWER – ATC), under previously presented technical, financial and commercial conditions, and authorized officers to complete related documentation. Board members further took note of preliminary analyses and studies concerning the company’s strategic projects.
TIM S.A. reports that its Board of Directors approved a new strategic agreement with American Tower do Brasil, redefining their long-term partnership for mobile network infrastructure. The agreement covers approximately 9,000 towers, which is about 30% of TIM’s entire infrastructure, and consolidates multiple existing contracts into a single framework with a unified term running until 2034.
The new structure is designed to simplify and improve the efficiency of managing this tower portfolio and is described as an important step in the long-term relationship between the two companies. TIM links this agreement directly to its Lease Efficiency Plan, which is part of its broader strategic plan focused on operational efficiency, governance simplification, and sustainable evolution of its mobile network.
TIM also notes that the Lease Efficiency Plan includes other contract negotiations, infrastructure sharing projects, and initiatives under a “MAKE” model, where TIM may build its own sites with or without partners. The company states it will keep shareholders and the market informed about relevant developments.
TIM S.A. filed a report as a foreign private issuer to inform investors that its next Annual Shareholders’ Meeting will be held on March 26, 2026. The company notes that more detailed information, including the formal call notice and related documents, will be provided closer to the meeting date. This update is a procedural step that lets shareholders know when corporate matters will be formally presented for their consideration.