Millicom International Cellular (TIGO) Net Margin (2009 - 2026)

Millicom International Cellular (TIGO) reported Net Margin of 5.49% for Q1 2026, down 862.0% on a YoY basis from 0.72% in Q1 2025, and down 64.0% quarter-over-quarter from 15.25% in Q4 2025.

Millicom International Cellular (TIGO) Net Margin (2009 - 2026) Analysis & Trends

Millicom International Cellular has reported Net Margin for 13 years, with the latest figure at 5.49% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin fell 862.0% year-over-year to 5.49%; the trailing twelve-month figure through Mar 2026 stood at 19.16% (up 1295.0% YoY), and the FY2025 full-year result was 22.62%, up 1826.0% from the prior year.
  • Net Margin for Q1 2026 stood at 5.49%, down from 15.25% in the prior quarter.
  • The five-year high for Net Margin was 49.27% in Q2 2025, with the low at 4.27% in Q4 2023.
  • Historically, Net Margin has averaged 7.62% across 5 years, with a median of 4.74% in 2022.
  • Annual changes were most pronounced in 2022 — Net Margin slumped 4715 bps — and 2025, when it jumped 4392 bps.
  • Millicom International Cellular's Net Margin stood at 4.13% in 2022, then sank by 203 bps to 4.27% in 2023, then surged by 151 bps to 2.17% in 2024, then soared by 603 bps to 15.25% in 2025, then sank by 64 bps to 5.49% in 2026.
  • The last three Net Margin figures came in at 5.49% (Q1 2026), 15.25% (Q4 2025), and 13.73% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Bce 382.57 Bn 381.58 Bn - 9.99%
2 T-Mobile US 195.94 Bn 192.42 Bn 17.62 Bn 10.84%
3 Verizon Communications 190.78 Bn 183.73 Bn 27.94 Bn 14.94%
4 At&T 159.64 Bn 149.68 Bn 25.25 Bn 12.04%
5 Telefonica Brasil 146.21 Bn 144.47 Bn 1.32 Bn 8.16%
6 America Movil Sab De Cv 128.31 Bn 126.27 Bn 10.13 Bn 16.57%
7 Chunghwa Telecom 109.39 Bn 107.21 Bn 719.92 Mn 0.00%
8 Millicom International Cellular 106.22 Bn 104.67 Bn - 5.49%
9 Veon 82.81 Bn 80.59 Bn - 8.24%
10 EchoStar 33.61 Bn 33.48 Bn 3.13 Bn -4.01%

Historic Data

Download Data
DateValue
Mar 31, 2026 5.49%
Dec 31, 2025 15.25%
Sep 30, 2025 13.73%
Jun 30, 2025 49.27%
Mar 31, 2025 14.11%
Dec 31, 2024 2.17%
Sep 30, 2024 3.56%
Jun 30, 2024 5.35%
Mar 31, 2024 6.19%
Dec 31, 2023 -4.27%
Jun 30, 2023 -1.58%
Mar 31, 2023 0.22%
Dec 31, 2022 4.13%
Sep 30, 2022 -2.31%
Jun 30, 2022 8.91%
Mar 31, 2022 1.63%
Dec 31, 2021 51.28%
Sep 30, 2021 0.50%
Jun 30, 2021 -9.99%
Mar 31, 2021 4.20%