Millicom International Cellular (TIGO) Operating Income (2009 - 2026)
Millicom International Cellular's (TIGO) quarterly Operating Income came in at $416.0 million in Q1 2026, down 1.19% YoY from $421.0 million in Q1 2025, and down 11.3% on a QoQ basis from $469.0 million in Q4 2025.
Millicom International Cellular (TIGO) Operating Income (2009 - 2026) Analysis & Trends
Millicom International Cellular (TIGO) has 14 years of Operating Income data on file, last reported at $416.0 million in Q1 2026.
- Quarterly Operating Income fell 1.19% year-over-year to $416.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.6 billion (down 5.94% YoY) and the FY2025 annual result came in at $1.6 billion, up 22.13% from the prior year.
- Operating Income slipped to $416.0 million in Q1 2026, from $469.0 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $678.0 million in Q4 2022 to a low of $190.0 million in Q1 2023.
- A 5-year average of $367.1 million and a median of $345.0 million in 2024 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income jumped 127.18% — and 2025, when it decreased 29.9%.
- Tracing TIGO's Operating Income over 5 years: stood at $678.0 million in 2022, then declined by 11.95% to $597.0 million in 2023, then advanced by 12.06% to $669.0 million in 2024, then declined by 29.9% to $469.0 million in 2025, then slipped by 11.3% to $416.0 million in 2026.
- The last three Operating Income figures came in at $416.0 million (Q1 2026), $469.0 million (Q4 2025), and $390.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 205.75 Bn | 204.00 Bn | 27.03 Bn | 7.18 Bn |
| 2 | T-Mobile US | 197.50 Bn | 194.68 Bn | 17.74 Bn | 5.49 Bn |
| 3 | Grupo Televisa, S.A.B | 196.93 Bn | 195.22 Bn | 318.12 Mn | 329.86 Mn |
| 4 | At&T | 175.64 Bn | 158.07 Bn | 25.25 Bn | 7.04 Bn |
| 5 | Chunghwa Telecom | 33.65 Bn | 31.07 Bn | 728.80 Mn | 419.57 Mn |
| 6 | EchoStar | 25.25 Bn | 23.76 Bn | 1.65 Bn | 512.94 Mn |
| 7 | Bce | 22.16 Bn | 22.16 Bn | - | - |
| 8 | Rogers Communications | 19.72 Bn | 18.47 Bn | 1.77 Bn | 1.61 Bn |
| 9 | Telefonica Brasil | 18.48 Bn | 18.48 Bn | 1.32 Bn | 1.51 Bn |
| 10 | Millicom International Cellular | 15.64 Bn | 14.65 Bn | - | 462.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 416.00 Mn |
| Dec 31, 2025 | 469.00 Mn |
| Sep 30, 2025 | 390.00 Mn |
| Jun 30, 2025 | 357.00 Mn |
| Mar 31, 2025 | 421.00 Mn |
| Dec 31, 2024 | 669.00 Mn |
| Sep 30, 2024 | 300.00 Mn |
| Jun 30, 2024 | 345.00 Mn |
| Mar 31, 2024 | 324.00 Mn |
| Dec 31, 2023 | 597.00 Mn |
| Sep 30, 2023 | 209.00 Mn |
| Jun 30, 2023 | 198.00 Mn |
| Mar 31, 2023 | 190.00 Mn |
| Dec 31, 2022 | 678.00 Mn |
| Sep 30, 2022 | 196.00 Mn |
| Jun 30, 2022 | 247.00 Mn |
| Mar 31, 2022 | 234.00 Mn |
| Dec 31, 2021 | 416.00 Mn |
| Sep 30, 2021 | 189.00 Mn |
| Jun 30, 2021 | 124.00 Mn |