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

Millicom International Cellular (TIGO) has 11 years of Cost of Revenue data on file, last reported at $392.0 million in Q4 2023.

• Quarterly Cost of Revenue fell 73.97% year-over-year to $392.0 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $1.5 billion (down 42.92% YoY) and the FY2025 annual result came in at $1.3 billion, down 7.68% from the prior year.
• Cost of Revenue improved to $392.0 million in Q4 2023, from $363.0 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $1.5 billion in Q4 2020 to a low of $278.0 million in Q1 2021.
• A 5-year average of $534.8 million and a median of $366.0 million in 2022 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2022 — Cost of Revenue jumped 38.6% — and 2023, when it sank 73.97%.
• Tracing TIGO's Cost of Revenue over 5 years: stood at $1.2 billion in 2019, then increased by 26.64% to $1.5 billion in 2020, then fell by 21.3% to $1.2 billion in 2021, then gained by 25.81% to $1.5 billion in 2022, then slumped by 73.97% to $392.0 million in 2023.
• The last three Cost of Revenue figures came in at $392.0 million (Q4 2023), $363.0 million (Q3 2023), and $380.0 million (Q2 2023), per Business Quant data.