Millicom International Cellular TIGO
NASDAQ TIGO
$93.68 +3.21 (+3.55%)
At close: Aug 21, 2026 · 4:00 PM EDT

Millicom International Cellular (TIGO) Change in Working Capital (2009 - 2026)

Millicom International Cellular's (TIGO) quarterly Change in Working Capital came in at -$2.0 million in Q1 2026, up 66.67% YoY from -$1.2 million in Q1 2025, and down 101.26% on a QoQ basis from $159.0 million in Q4 2025.

Millicom International Cellular (TIGO) Change in Working Capital (2009 - 2026) Analysis & Trends

Millicom International Cellular (TIGO) has 13 years of Change in Working Capital data on file, last reported at -$2.0 million in Q1 2026.

  • Quarterly Change in Working Capital rose 66.67% year-over-year to -$2.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $141.0 million (up 2.17% YoY) and the FY2025 annual result came in at $137.0 million, up 41.24% from the prior year.
  • Change in Working Capital slipped to -$2.0 million in Q1 2026, from $159.0 million in the prior quarter.
  • In the past five years, Change in Working Capital ranged from a high of $162.0 million in Q4 2022 to a low of -$47.0 million in Q1 2024.
  • A 5-year average of $29.8 million and a median of -$3.0 million in 2023 frame the typical range for Change in Working Capital.
  • Annual changes were most pronounced in 2023 — Change in Working Capital jumped 576.47% — and 2024, when it slumped 1466.67%.
  • Tracing TIGO's Change in Working Capital over 5 years: stood at $162.0 million in 2022, then sank by 69.75% to $49.0 million in 2023, then soared by 173.47% to $134.0 million in 2024, then gained by 18.66% to $159.0 million in 2025, then tumbled by 101.26% to -$2.0 million in 2026.
  • The last three Change in Working Capital figures came in at -$2.0 million (Q1 2026), $159.0 million (Q4 2025), and -$9.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Working Capital (Qtr)
1 Verizon Communications 205.80 Bn 204.04 Bn 27.03 Bn -
2 T-Mobile US 197.90 Bn 195.07 Bn 17.74 Bn -
3 Grupo Televisa, S.A.B 195.16 Bn 193.45 Bn 318.12 Mn -
4 At&T 175.88 Bn 158.31 Bn 25.25 Bn -
5 Chunghwa Telecom 33.61 Bn 31.03 Bn 728.80 Mn -
6 EchoStar 25.20 Bn 23.70 Bn 1.65 Bn 220.84 Mn
7 Bce 22.12 Bn 22.12 Bn - -
8 Rogers Communications 19.59 Bn 18.35 Bn 1.77 Bn -
9 Telefonica Brasil 18.39 Bn 18.39 Bn 1.32 Bn 869.44 Mn
10 Millicom International Cellular 15.70 Bn 14.71 Bn - -5.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -2.00 Mn
Mar 31, 2026 -2.00 Mn
Dec 31, 2025 159.00 Mn
Dec 31, 2025 159.00 Mn
Sep 30, 2025 -9.00 Mn
Sep 30, 2025 -9.00 Mn
Jun 30, 2025 -7.00 Mn
Jun 30, 2025 -7.00 Mn
Mar 31, 2025 -6.00 Mn
Mar 31, 2025 -6.00 Mn
Dec 31, 2024 134.00 Mn
Dec 31, 2024 134.00 Mn
Sep 30, 2024 -5.00 Mn
Sep 30, 2024 -5.00 Mn
Jun 30, 2024 15.00 Mn
Jun 30, 2024 15.00 Mn
Mar 31, 2024 -47.00 Mn
Mar 31, 2024 -47.00 Mn
Dec 31, 2023 49.00 Mn
Dec 31, 2023 49.00 Mn