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

Millicom International Cellular (TIGO) posted Cost of Revenue of $392.0 million for Q4 2023, up 7.99% quarter-over-quarter from $363.0 million in Q3 2023, and up 5.38% year-on-year from $372.0 million in Q4 2022.

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

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

  • Cost of Revenue for Q4 2023 came in at $392.0 million, up 5.38% year-over-year; the trailing twelve-month figure through Dec 2023 was $1.5 billion (changed 0.07% YoY), and the FY2025 annual result was $1.3 billion, down 7.68% from the prior year.
  • Cost of Revenue was $392.0 million for Q4 2023 at Millicom International Cellular, up from $363.0 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $395.0 million in Q2 2022 and troughed at $278.0 million in Q1 2021.
  • Average Cost of Revenue over 5 years is $329.2 million, with a median of $308.0 million recorded in 2019.
  • Year-over-year, Cost of Revenue fell 8.85% in 2021 and soared 38.6% in 2022.
  • Over 5 years, Cost of Revenue stood at $311.0 million in 2019, then declined by 8.68% to $284.0 million in 2020, then increased by 22.18% to $347.0 million in 2021, then grew by 7.2% to $372.0 million in 2022, then grew by 5.38% to $392.0 million in 2023.
  • Per Business Quant data, the three most recent Cost of Revenue figures were $392.0 million in Q4 2023, $363.0 million in Q3 2023, and $380.0 million in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk 1,360.11 Bn 465.10 Bn - -
2 T-Mobile US 190.40 Bn 186.88 Bn 17.62 Bn 5.49 Bn
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 6.51 Bn
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 6.26 Bn
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - -
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn 23.43 Mn
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn 76.83 Mn
10 Lumen Technologies 7.15 Bn 5.53 Bn 1.46 Bn 1.44 Bn

Historic Data

Download Data
DateValue
Dec 31, 2023 392.00 Mn
Dec 31, 2023 392.00 Mn
Sep 30, 2023 363.00 Mn
Sep 30, 2023 363.00 Mn
Jun 30, 2023 380.00 Mn
Jun 30, 2023 380.00 Mn
Mar 31, 2023 372.00 Mn
Mar 31, 2023 372.00 Mn
Dec 31, 2022 372.00 Mn
Dec 31, 2022 372.00 Mn
Sep 30, 2022 369.00 Mn
Sep 30, 2022 369.00 Mn
Jun 30, 2022 395.00 Mn
Jun 30, 2022 395.00 Mn
Mar 31, 2022 370.00 Mn
Mar 31, 2022 370.00 Mn
Dec 31, 2021 347.00 Mn
Dec 31, 2021 347.00 Mn
Sep 30, 2021 288.00 Mn
Sep 30, 2021 288.00 Mn