Liver fibrosis is used to make decisions about the timing of therapy against hepatitis C virus (HCV) in routine clinical practice, which should be based on the short-term likelihood of liver decompensations. Thus, we aimed at evaluating the risk of decompensations and death among human immunodeficiency virus (HIV)/HCV-coinfected individuals according to their baseline fibrosis classified by either liver biopsy or liver stiffness measurement (LSM). Patients coinfected with HIV/HCV, naive or without sustained virological response to HCV therapy, were included in this cohort. Fibrosis was classified by biopsy in 683 patients and by LSM in 1046 individuals. Reference categories were fibrosis stage 0 and LSM <6 kPa. For patients with biopsy, the adjusted subhazard ratio for decompensations and 95% confidence interval (95% CI) by fibrosis stage were as follows: stage 1, 2.3 (0.27-20.3), P 5 0.443; stage 2, 2.8 (0.33-24), P 5 0.345; stage 3, 4.91 (0.60-41), P 5 0.137; stage 4, 9.89 (1.25-79.5), P 5 0.030. For patients with LSM, the adjusted subhazard ratio and 95% CI by LSM category were as follows: 6-9.4 kPa, 1.89 (0.18-20.3), P 5 0.599; 9.5-14.5 kPa, 6.59 (0.73-59.2), P 5 0.092; 14.6 kPa, 59.5 (8.3-427), P < 0.0001. Regarding the risk of death, the adjusted hazard ratio and 95% CI for death by fibrosis stage were as follows: stage 1, 1.3 (0.4-4.11), P 5 0.677; stage 2, 2.68 (0.86-8.36), P 5 0.090; stage 3, 2.58 (0.82-8.15), P 5 0.106; stage 4, 4.35 (1.43-13.3), P 5 0.010. For patients with LSM, the adjusted hazard ratio and 95% CI for death by LSM were as follows: