Millicom International Cellular S.A. (TIGO) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

Millicom International Cellular S.A. (TIGO) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

TIGO Income Statement

Millicom International Cellular S.A. (TIGO) annual income statement — 30-year revenue, gross profit & net income history

Annual Quarterly

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21	Q3'21

Revenue	2.18B	1.98B	1.65B	1.42B	1.37B	1.37B	1.43B	1.43B	1.46B	1.49B	1.48B	1.42B	1.39B	1.37B	1.38B	1.39B	1.45B	1.41B	1.25B	1.01B
Revenue Growth %	58.82%	44.47%	15.69%	-0.77%	-5.9%	-7.6%	-3.19%	0.49%	4.67%	8.62%	6.81%	2.59%	-3.73%	-2.77%	10.04%	37.97%	44.56%	40.94%	15.35%	-1.95%
Cost of Revenue	1.06B	946M	367M	313M	316M	613M	344M	641M	658M	716M	734M	700M	708M	703M	695M	369M	737M	707M	644M	536M
Gross Profit	1.12B	1.04B	1.28B	1.11B	1.06B	761M	1.08B	790M	800M	771M	741M	724M	685M	666M	686M	1.02B	710M	701M	611M	470M
Gross Margin %	51.45%	52.34%	77.78%	77.96%	76.97%	55.39%	75.91%	55.21%	54.87%	51.85%	50.24%	50.84%	49.17%	48.65%	49.67%	73.41%	49.07%	49.79%	48.69%	46.72%
Gross Profit Growth %	6.16%	36.53%	18.54%	40.13%	32%	-1.3%	46.29%	9.12%	16.79%	15.77%	8.02%	-28.95%	-3.52%	-4.99%	12.28%	116.81%	57.43%	67.3%	22.2%	8.05%
Operating Expenses	631M	650M	816M	717M	699M	423M	710M	504M	471M	473M	527M	528M	498M	490M	462M	823M	475M	474M	447M	367M
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBITDA	1.01B	856M	839M	706M	654M	635M	672M	586M	634M	632M	556M	533M	515M	507M	547M	538M	577M	564M	462M	351M
EBITDA Margin %	46.31%	43.12%	50.79%	49.72%	47.67%	46.22%	47.06%	40.95%	43.48%	42.5%	37.69%	37.43%	36.97%	37.03%	39.61%	38.76%	39.88%	40.06%	36.81%	34.89%
EBITDA Growth %	54.28%	34.8%	24.85%	20.48%	3.15%	0.47%	20.86%	9.94%	23.11%	24.65%	1.65%	-0.93%	-10.75%	-10.11%	18.4%	53.28%	68.22%	55.8%	15.79%	-5.39%
Depreciation & Amortization	519M	467M	370M	316M	297M	297M	298M	300M	305M	334M	342M	337M	328M	331M	323M	342M	342M	337M	298M	248M
D&A / Revenue %	23.82%	23.53%	22.4%	22.25%	21.65%	21.62%	20.87%	20.96%	20.92%	22.46%	23.19%	23.67%	23.55%	24.18%	23.39%	24.64%	23.64%	23.93%	23.75%	24.65%
Operating Income (EBIT)	490M	389M	469M	390M	357M	338M	374M	286M	329M	298M	214M	196M	187M	176M	224M	196M	235M	227M	164M	103M
Operating Margin %	22.49%	19.6%	28.39%	27.46%	26.02%	24.6%	26.19%	19.99%	22.57%	20.04%	14.51%	13.76%	13.42%	12.86%	16.22%	14.12%	16.24%	16.12%	13.07%	10.24%
Operating Income Growth %	37.25%	15.09%	25.4%	36.36%	8.51%	13.42%	74.77%	45.92%	75.94%	69.32%	-4.46%	0%	-20.43%	-22.47%	36.59%	90.29%	201.28%	284.75%	72.63%	56.06%
Interest Expense	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Interest Coverage	1.68x	1.62x	1.60x	2.67x	5.35x	2.69x	1.53x	1.63x	1.76x	1.77x	1.30x	1.14x	1.12x	1.19x	1.39x	0.89x	1.36x	1.63x	6.44x	1.12x
Interest / Revenue %	0.05%	0.05%	0.06%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.08%	0.1%
Non-Operating Income	-1000K	-1000K	-1000K	-1000K	1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	-1000K	1000K	-1000K
Pretax Income	204M	154M	311M	289M	774M	290M	120M	123M	156M	153M	66M	36M	33M	39M	64M	4M	71M	99M	731M	35M
Pretax Margin %	9.36%	7.76%	18.83%	20.35%	56.41%	21.11%	8.4%	8.6%	10.7%	10.29%	4.47%	2.53%	2.37%	2.85%	4.63%	0.29%	4.91%	7.03%	58.25%	3.48%
Income Tax	104M	79M	45M	85M	101M	71M	67M	66M	78M	71M	223M	61M	81M	59M	22M	53M	77M	70M	92M	12M
Effective Tax Rate %	50.98%	51.3%	14.47%	29.41%	13.05%	24.48%	55.83%	53.66%	50%	46.41%	337.88%	169.44%	245.45%	151.28%	34.38%	1325%	108.45%	70.71%	12.59%	34.29%
Net Income	109M	109M	252M	195M	676M	193M	32M	51M	78M	92M	-63M	-1M	-22M	3M	57M	-31M	9M	23M	643M	5M
Net Margin %	5%	5.49%	15.25%	13.73%	49.27%	14.05%	2.24%	3.56%	5.35%	6.19%	-4.27%	-0.07%	-1.58%	0.22%	4.13%	-2.23%	0.62%	1.63%	51.24%	0.5%
Net Income Growth %	-83.88%	-43.52%	687.5%	282.35%	766.67%	109.78%	150.79%	5200%	454.55%	2966.67%	-210.53%	96.77%	-344.44%	-86.96%	-91.14%	-720%	109%	-45.24%	1248.21%	109.8%
EPS (Diluted)	0.65	0.65	1.50	1.16	4.03	1.14	0.18	0.30	0.45	0.53	-0.37	0.00	-0.13	0.02	0.33	-0.19	0.08	0.18	3.91	0.03
EPS Growth %	-83.87%	-42.76%	735.65%	292.69%	793.37%	112.6%	148.94%	-	451.32%	2952%	-210.35%	100%	-262.53%	-90.26%	-91.5%	-718.15%	112.99%	-44.78%	1000.09%	107.66%
EPS (Basic)	0.65	0.65	1.51	1.17	4.05	1.14	0.18	0.30	0.46	0.54	-0.37	0.00	-0.13	0.02	0.33	-0.19	0.08	0.18	5.04	0.03
Diluted Shares Outstanding	168M	167.53M	168M	168.1M	167.63M	169.97M	172.71M	172.65M	172.9M	172.26M	171.77M	173.24M	171.29M	170.91M	171.47M	170.87M	113.96M	127.96M	164.45M	164.84M