Millicom International Cellular (MLCMF) Operating Expenses (2009 - 2026)
Millicom International Cellular's (MLCMF) quarterly Operating Expenses came in at -$631.0 million in Q2 2026, down 52.05% on a YoY basis from -$1.3 billion in Q2 2025, and up 2.92% quarter-over-quarter from -$650.0 million in Q1 2026.
Analysis
Millicom International Cellular (MLCMF) Operating Expenses (2009 - 2026) Analysis & Trends
Millicom International Cellular (MLCMF) has reported Operating Expenses for 14 consecutive years, with -$631.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses fell 52.05% year-over-year to -$631.0 million; the trailing twelve-month figure through Jun 2026 stood at -$2.5 billion (down 10.68% YoY), and the FY2025 full-year result was -$1.9 billion, up 6.27% from the prior year.
- Operating Expenses rose to -$631.0 million in Q2 2026 per MLCMF's latest filing, from -$650.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at -$412.0 million in Q3 2025 and bottomed at -$1.5 billion in Q4 2023.
- Historically, Operating Expenses has averaged -$647.1 million across 5 years, with a median of -$494.0 million in 2023.
- The sharpest annual moves came in 2024 and 2026: Operating Expenses surged 37.66% in 2024, then sank 54.39% in 2026.
- Over 5 years, Operating Expenses stood at -$1.4 billion in 2022, then decreased by 6.09% to -$1.5 billion in 2023, then soared by 37.66% to -$945.0 million in 2024, then gained by 11.53% to -$836.0 million in 2025, then climbed by 24.52% to -$631.0 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered -$631.0 million, -$650.0 million, and -$836.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 207.09 Bn | 205.34 Bn | 27.03 Bn | 27.07 Bn |
| 2 | T-Mobile US | 192.70 Bn | 189.87 Bn | 17.74 Bn | 17.30 Bn |
| 3 | At&T | 174.73 Bn | 157.16 Bn | 25.25 Bn | 24.52 Bn |
| 4 | Chunghwa Telecom | 34.41 Bn | 31.83 Bn | 728.80 Mn | 309.31 Mn |
| 5 | Rogers Communications | 20.60 Bn | 23.90 Bn | 1.77 Bn | 152.54 Mn |
| 6 | Telefonica Brasil | 19.08 Bn | 17.40 Bn | 1.42 Bn | -203.00 Mn |
| 7 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 14.95 Bn | -56,572.05 Bn | - | - |
| 8 | Telus | 14.49 Bn | 13.39 Bn | - | 7.94 Bn |
| 9 | Bce | 14.36 Bn | 14.24 Bn | - | -2.51 Bn |
| 10 | Millicom International Cellular | 5.07 Bn | 4.12 Bn | - | -631.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -631.00 Mn |
| Mar 31, 2026 | -650.00 Mn |
| Dec 31, 2025 | -836.00 Mn |
| Sep 30, 2025 | -412.00 Mn |
| Jun 30, 2025 | -415.00 Mn |
| Mar 31, 2025 | -421.00 Mn |
| Dec 31, 2024 | -945.00 Mn |
| Sep 30, 2024 | -504.00 Mn |
| Jun 30, 2024 | -471.00 Mn |
| Mar 31, 2024 | -473.00 Mn |
| Dec 31, 2023 | -1.52 Bn |
| Sep 30, 2023 | -528.00 Mn |
| Jun 30, 2023 | -498.00 Mn |
| Mar 31, 2023 | -490.00 Mn |
| Dec 31, 2022 | -1.43 Bn |
| Sep 30, 2022 | -479.00 Mn |
| Jun 30, 2022 | -475.00 Mn |
| Mar 31, 2022 | -474.00 Mn |
| Dec 31, 2021 | -1.10 Bn |
| Sep 30, 2021 | -367.00 Mn |