Timber–concrete composite (TCC) combines the advantages of timber and reinforced concrete construction. In multi-storey buildings, the design of TCC floors is often governed by the deformation serviceability requirements. One way to improve deformation serviceability is through the design of continuous floor systems. However, the current practice of TCC slab systems is often limited to load-carrying as single-span beams. This paper presents an analytical model based on the component method for determining the moment–rotation relation of continuous TCC slabs in the range with negative bending moments. The investigations involve the development of load–displacement curves for the individual force-transmitting components, including timber and reinforced concrete, followed by their assembly into a component model. The model has been verified using finite element calculations and the results demonstrate that the moment–rotation relation of continuous TCC systems can be accurately captured. As the variability of the material properties strongly influences the stiffness of the joint and therefore the deformation and stresses in the TCC slab, a probabilistic analysis of the material parameters was performed using the Monte Carlo method. The probabilistic investigations show that the variability of the input parameters has a significant impact on the joint stiffness, with notable scattering observed in the moment–rotation relation, especially in the range of the cracking phase of the concrete. The results from the probabilistic investigations enable initial statements about the joint stiffness of continuous timber–concrete composite slabs in ranges with negative bending moments.