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

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

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

Millicom International Cellular has reported Cost of Revenue for 11 years, with the latest figure at $392.0 million in Q4 2023.

  • For the quarter ending Q4 2023, Cost of Revenue rose 5.38% year-over-year to $392.0 million; the trailing twelve-month figure through Dec 2023 stood at $1.5 billion (changed 0.07% YoY), and the FY2025 full-year result was $1.3 billion, down 7.68% from the prior year.
  • Cost of Revenue for Q4 2023 stood at $392.0 million, up from $363.0 million in the prior quarter.
  • The five-year high for Cost of Revenue was $395.0 million in Q2 2022, with the low at $278.0 million in Q1 2021.
  • Historically, Cost of Revenue has averaged $329.2 million across 5 years, with a median of $308.0 million in 2019.
  • Annual changes were most pronounced in 2019 — Cost of Revenue sank 72.16% — and 2022, when it jumped 38.6%.
  • Millicom International Cellular's Cost of Revenue stood at $311.0 million in 2019, then decreased by 8.68% to $284.0 million in 2020, then advanced by 22.18% to $347.0 million in 2021, then gained by 7.2% to $372.0 million in 2022, then gained by 5.38% 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Bce 382.57 Bn 381.58 Bn - -
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 5.49 Bn
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 6.51 Bn
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 6.26 Bn
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn 682.34 Mn
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn 3.36 Bn
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 1.18 Bn
8 Millicom International Cellular 106.22 Bn 104.67 Bn - -
9 Veon 82.81 Bn 80.59 Bn - -
10 EchoStar 33.61 Bn 33.48 Bn 3.13 Bn 536.91 Mn

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