Millicom International Cellular (TIGO) Accumulated Expenses (2009 - 2026)
Millicom International Cellular's Accumulated Expenses was $786 million in Q3 2026, up 81.1% from $434 million a year earlier but down 2.6% from the prior quarter.
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Analysis
Millicom International Cellular (TIGO) Accumulated Expenses (2009 - 2026) Analysis & Trends
At the end of FY2025, Accumulated Expenses at Millicom International Cellular came in at $538 million, up 27.8% from FY2024.
- Accumulated Expenses shows a five-year compound annual growth rate of 58.6% (FY2020 to FY2025).
- In earlier years, Accumulated Expenses was $421 million in FY2024 (-5.2%), $444 million in FY2023 (+7.8%), $412 million in FY2022 (-52.3%) and $863 million in FY2021.
- Quarterly Accumulated Expenses has moved between $402 million (Q1 2023) and $807 million (Q2 2026) over five years.
- Compared with a year earlier, Accumulated Expenses has increased for four straight quarters, with growth averaging 31.3% over the last eight quarters.
- The best year-over-year quarter for Accumulated Expenses over five years was Q4 2021 (growth of 905.4%); the worst was Q4 2022 (a decline of 23.6%).
- Per Business Quant data, TIGO's Accumulated Expenses in the three quarters before Q3 2026 was $807 million (Q2 2026), $803 million (Q1 2026) and $538 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 192.19 Bn | 159.83 Bn | 27.05 Bn |
| 2 | T-Mobile US | 180.63 Bn | 163.07 Bn | 15.13 Bn |
| 3 | At&T | 149.48 Bn | 106.93 Bn | 26.22 Bn |
| 4 | Grupo Televisa, S.A.B | 138.76 Bn | 131.89 Bn | 960.50 Mn |
| 5 | Comcast | 89.06 Bn | 55.02 Bn | - |
| 6 | Chunghwa Telecom | 38.69 Bn | 31.18 Bn | 728.80 Mn |
| 7 | Vodafone Group Public | 37.39 Bn | 5.63 Bn | - |
| 8 | EchoStar | 29.07 Bn | 10.15 Bn | 647.20 Mn |
| 9 | Bce | 19.98 Bn | 18.22 Bn | 11.61 Bn |
| 10 | Millicom International Cellular | 13.41 Bn | 9.01 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 786.00 Mn |
| Jun 30, 2026 | 807.00 Mn |
| Mar 31, 2026 | 803.00 Mn |
| Dec 31, 2025 | 538.00 Mn |
| Sep 30, 2025 | 434.00 Mn |
| Jun 30, 2025 | 452.00 Mn |
| Mar 31, 2025 | 413.00 Mn |
| Dec 31, 2024 | 421.00 Mn |
| Sep 30, 2024 | 491.00 Mn |
| Jun 30, 2024 | 476.00 Mn |
| Mar 31, 2024 | 458.00 Mn |
| Dec 31, 2023 | 444.00 Mn |
| Sep 30, 2023 | 460.00 Mn |
| Jun 30, 2023 | 442.00 Mn |
| Mar 31, 2023 | 402.00 Mn |
| Dec 31, 2022 | 412.00 Mn |
| Sep 30, 2022 | 429.00 Mn |
| Jun 30, 2022 | 468.00 Mn |
| Mar 31, 2022 | 458.00 Mn |
| Dec 31, 2021 | 539.00 Mn |
API Access
Millicom International Cellular Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=TIGO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "TIGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=TIGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();