Millicom International Cellular (TIGO) Operating Expenses (2009 - 2026)
Millicom International Cellular (TIGO) reported Operating Expenses of -$631 million for Q2 2026, compared with -$415 million a year earlier.
Millicom International Cellular (TIGO) Operating Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Millicom International Cellular's Operating Expenses came in at -$2.2 billion; for FY2025, it came in at -$1.92 billion.
- By year, Operating Expenses came in at -$2.04 billion in FY2024, -$1.89 billion in FY2023, -$1.55 billion in FY2022 and -$1.55 billion in FY2021.
- Five-year quarterly Operating Expenses spans a low of -$1.89 billion in Q4 2022 and a high of -$367 million in Q3 2021.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$650 million (Q1 2026), -$508 million (Q4 2025) and -$412 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 185.43 Bn | 149.83 Bn | 27.03 Bn | 27.07 Bn |
| 2 | T-Mobile US | 157.50 Bn | 142.25 Bn | 14.76 Bn | 17.30 Bn |
| 3 | Grupo Televisa, S.A.B | 146.85 Bn | 139.14 Bn | 318.12 Mn | -115.06 Mn |
| 4 | At&T | 140.99 Bn | 98.44 Bn | 26.22 Bn | 28.23 Bn |
| 5 | Comcast | 80.32 Bn | 46.28 Bn | - | 23.98 Bn |
| 6 | Vodafone Group Public | 38.29 Bn | 11.97 Bn | - | -125.27 Mn |
| 7 | Chunghwa Telecom | 37.65 Bn | 30.15 Bn | 728.80 Mn | 309.31 Mn |
| 8 | EchoStar | 25.85 Bn | 16.98 Bn | 1.65 Bn | 3.06 Bn |
| 9 | Telefonica Brasil | 20.72 Bn | 14.74 Bn | 1.42 Bn | -904.61 Mn |
| 10 | Millicom International Cellular | 13.24 Bn | 8.02 Bn | - | -631.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -631.00 Mn |
| Mar 31, 2026 | -650.00 Mn |
| Dec 31, 2025 | -508.00 Mn |
| Sep 30, 2025 | -412.00 Mn |
| Jun 30, 2025 | -415.00 Mn |
| Mar 31, 2025 | -421.00 Mn |
| Dec 31, 2024 | -466.00 Mn |
| Sep 30, 2024 | -504.00 Mn |
| Jun 30, 2024 | -471.00 Mn |
| Mar 31, 2024 | -473.00 Mn |
| Dec 31, 2023 | -527.00 Mn |
| Sep 30, 2023 | -528.00 Mn |
| Jun 30, 2023 | -498.00 Mn |
| Mar 31, 2023 | -490.00 Mn |
| Dec 31, 2022 | -462.00 Mn |
| Sep 30, 2022 | -479.00 Mn |
| Jun 30, 2022 | -475.00 Mn |
| Mar 31, 2022 | -474.00 Mn |
| Dec 31, 2021 | -447.00 Mn |
| Sep 30, 2021 | -367.00 Mn |
Millicom International Cellular Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=TIGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "TIGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=TIGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();