Millicom International Cellular MLCMF
NASDAQ MLCMF
$30.00 +0.00 (+0.00%)
At close: Sep 8, 2026 · 4:00 PM EDT

Millicom International Cellular (MLCMF) Cost of Revenue (2009 - 2023)

Millicom International Cellular's (MLCMF) quarterly Cost of Revenue came in at $392.0 million in Q4 2023, down 65.43% on a YoY basis from $1.1 billion in Q4 2022, and up 7.99% quarter-over-quarter from $363.0 million in Q3 2023.

Analysis

Millicom International Cellular (MLCMF) Cost of Revenue (2009 - 2023) Analysis & Trends

Millicom International Cellular (MLCMF) has reported Cost of Revenue for 11 consecutive years, with $392.0 million the latest figure, recorded in Q4 2023.

  • For the quarter ending Q4 2023, Cost of Revenue fell 65.43% year-over-year to $392.0 million; the trailing twelve-month figure through Dec 2023 stood at $1.5 billion (down 33.55% YoY), and the FY2025 full-year result was $250.0 million, down 13.79% from the prior year.
  • Cost of Revenue advanced to $392.0 million in Q4 2023 per MLCMF's latest filing, from $363.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $1.2 billion in Q4 2019 and bottomed at $278.0 million in Q1 2021.
  • Historically, Cost of Revenue has averaged $481.4 million across 5 years, with a median of $366.0 million in 2022.
  • The sharpest annual moves came in 2019 and 2023: Cost of Revenue soared 42.98% in 2019, then slumped 65.43% in 2023.
  • Over 5 years, Cost of Revenue stood at $1.2 billion in 2019, then declined by 2.5% to $1.2 billion in 2020, then retreated by 27.33% to $851.0 million in 2021, then soared by 33.25% to $1.1 billion in 2022, then plunged by 65.43% to $392.0 million in 2023.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $392.0 million, $363.0 million, and $380.0 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Verizon Communications 206.92 Bn 205.17 Bn 27.03 Bn 7.23 Bn
2 T-Mobile US 192.57 Bn 189.75 Bn 17.74 Bn 5.06 Bn
3 At&T 174.70 Bn 157.13 Bn 25.25 Bn 6.31 Bn
4 Chunghwa Telecom 34.43 Bn 31.86 Bn 728.80 Mn 1.21 Bn
5 Rogers Communications 20.60 Bn 23.90 Bn 1.77 Bn 2.29 Bn
6 Telefonica Brasil 19.04 Bn 17.35 Bn 1.42 Bn 699.85 Mn
7 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 14.95 Bn -56,572.05 Bn - -
8 Telus 14.50 Bn 13.39 Bn - -
9 Bce 14.36 Bn 14.24 Bn - -
10 Millicom International Cellular 5.07 Bn 4.12 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 392.00 Mn
Sep 30, 2023 363.00 Mn
Jun 30, 2023 380.00 Mn
Mar 31, 2023 372.00 Mn
Dec 31, 2022 1.13 Bn
Sep 30, 2022 369.00 Mn
Jun 30, 2022 395.00 Mn
Mar 31, 2022 370.00 Mn
Dec 31, 2021 851.00 Mn
Sep 30, 2021 288.00 Mn
Jun 30, 2021 285.00 Mn
Mar 31, 2021 278.00 Mn
Dec 31, 2020 1.17 Bn
Sep 30, 2020 286.00 Mn
Jun 30, 2020 296.00 Mn
Mar 31, 2020 305.00 Mn
Dec 31, 2019 1.20 Bn
Sep 30, 2019 302.00 Mn
Jun 30, 2019 298.00 Mn
Mar 31, 2019 291.00 Mn