Millicom International Cellular (TIGO) Operating Expenses (2009 - 2026)

Millicom International Cellular (TIGO) posted Operating Expenses of -$650.0 million for Q1 2026, down 27.95% quarter-over-quarter from -$508.0 million in Q4 2025, and down 54.39% year-on-year from -$1.4 billion in Q1 2025.

Millicom International Cellular (TIGO) Operating Expenses (2009 - 2026) Analysis & Trends

Millicom International Cellular (TIGO) has reported Operating Expenses for 14 consecutive years, with -$650.0 million the latest figure, recorded in Q1 2026.

  • Operating Expenses for Q1 2026 came in at -$650.0 million, down 54.39% year-over-year; the trailing twelve-month figure through Mar 2026 was -$2.0 billion (down 6.66% YoY), and the FY2025 annual result was $493.0 million, down 0.6% from the prior year.
  • Operating Expenses was -$650.0 million for Q1 2026 at Millicom International Cellular, down from -$508.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$412.0 million in Q3 2025 and troughed at -$650.0 million in Q1 2026.
  • Average Operating Expenses over 5 years is -$485.5 million, with a median of -$475.0 million recorded in 2022.
  • Year-over-year, Operating Expenses rose 18.25% in 2025 and slumped 54.39% in 2026.
  • Over 5 years, Operating Expenses stood at -$462.0 million in 2022, then declined by 14.07% to -$527.0 million in 2023, then advanced by 11.57% to -$466.0 million in 2024, then dropped by 9.01% to -$508.0 million in 2025, then declined by 27.95% to -$650.0 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were -$650.0 million in Q1 2026, -$508.0 million in Q4 2025, and -$412.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (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 18.61 Bn
3 Verizon Communications 176.65 Bn 169.60 Bn 27.94 Bn 26.20 Bn
4 At&T 143.78 Bn 133.82 Bn 25.25 Bn 24.85 Bn
5 Telecom Argentina 27.29 Bn -708.89 Bn - -
6 Charter Communications 17.55 Bn 21.72 Bn - 10.39 Bn
7 Millicom International Cellular 15.13 Bn 13.99 Bn - -650.00 Mn
8 Globalstar 10.40 Bn 10.04 Bn 46.63 Mn 61.89 Mn
9 Sify Technologies 7.22 Bn 7.17 Bn 54.72 Mn -22.56 Mn
10 Lumen Technologies 7.15 Bn 5.53 Bn 1.46 Bn 2.30 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 -650.00 Mn
Dec 31, 2025 -508.00 Mn
Sep 30, 2025 -412.00 Mn
Jun 30, 2025 -416.00 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
Jun 30, 2021 -373.00 Mn