Millicom International Cellular (MLCMF) Operating Expenses (2009 - 2026)
Millicom International Cellular (MLCMF) reported Operating Expenses of -$650.0 million for Q1 2026, down 54.39% on a YoY basis from -$1.4 billion in Q1 2025, and down 27.95% quarter-over-quarter from -$508.0 million in Q4 2025.
Millicom International Cellular (MLCMF) Operating Expenses (2009 - 2026) Analysis & Trends
Millicom International Cellular has reported Operating Expenses for 14 years, with the latest figure at -$650.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 54.39% year-over-year to -$650.0 million; the trailing twelve-month figure through Mar 2026 stood at -$2.0 billion (down 6.66% YoY), and the FY2025 full-year result was $493.0 million, down 0.6% from the prior year.
- Operating Expenses for Q1 2026 stood at -$650.0 million, down from -$508.0 million in the prior quarter.
- The five-year high for Operating Expenses was -$412.0 million in Q3 2025, with the low at -$650.0 million in Q1 2026.
- Historically, Operating Expenses has averaged -$485.5 million across 5 years, with a median of -$475.0 million in 2022.
- Annual changes were most pronounced in 2025 — Operating Expenses grew 18.25% — and 2026, when it plunged 54.39%.
- Millicom International Cellular's Operating Expenses stood at -$462.0 million in 2022, then decreased by 14.07% to -$527.0 million in 2023, then increased by 11.57% to -$466.0 million in 2024, then retreated by 9.01% to -$508.0 million in 2025, then decreased by 27.95% to -$650.0 million in 2026.
- The last three Operating Expenses figures came in at -$650.0 million (Q1 2026), -$508.0 million (Q4 2025), and -$412.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bce | 382.57 Bn | 381.58 Bn | - | -2.58 Bn |
| 2 | T-Mobile US | 195.94 Bn | 192.42 Bn | 17.62 Bn | 18.61 Bn |
| 3 | Verizon Communications | 190.78 Bn | 183.73 Bn | 27.94 Bn | 26.20 Bn |
| 4 | At&T | 159.64 Bn | 149.68 Bn | 25.25 Bn | 24.85 Bn |
| 5 | Telefonica Brasil | 146.21 Bn | 144.47 Bn | 1.32 Bn | -191.29 Mn |
| 6 | America Movil Sab De Cv | 128.31 Bn | 126.27 Bn | 10.13 Bn | 8.11 Bn |
| 7 | Chunghwa Telecom | 109.39 Bn | 107.21 Bn | 719.92 Mn | 305.28 Mn |
| 8 | Millicom International Cellular | 106.22 Bn | 104.67 Bn | - | -650.00 Mn |
| 9 | Veon | 82.81 Bn | 80.59 Bn | - | -533.00 Mn |
| 10 | Millicom International Cellular | - | - | - | -650.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -650.00 Mn |
| Dec 31, 2025 | -508.00 Mn |
| Sep 30, 2025 | -412.00 Mn |
| Jun 30, 2025 | -416.00 Mn |
| Mar 31, 2025 | -421.00 Mn |
| Dec 31, 2024 | -466.00 Mn |
| Sep 30, 2024 | -504.00 Mn |
| Jun 30, 2024 | -471.00 Mn |
| Mar 31, 2024 | -473.00 Mn |
| Dec 31, 2023 | -527.00 Mn |
| Sep 30, 2023 | -528.00 Mn |
| Jun 30, 2023 | -498.00 Mn |
| Mar 31, 2023 | -490.00 Mn |
| Dec 31, 2022 | -462.00 Mn |
| Sep 30, 2022 | -479.00 Mn |
| Jun 30, 2022 | -475.00 Mn |
| Mar 31, 2022 | -474.00 Mn |
| Dec 31, 2021 | -447.00 Mn |
| Sep 30, 2021 | -367.00 Mn |
| Jun 30, 2021 | -373.00 Mn |