Millicom International Cellular (TIGO) Operating Income (2009 - 2026)
Millicom International Cellular (TIGO) posted Operating Income of $416.0 million for Q1 2026, down 11.3% on a QoQ basis from $469.0 million in Q4 2025, and down 1.19% year-over-year from $421.0 million in Q1 2025.
Millicom International Cellular (TIGO) Operating Income (2009 - 2026) Analysis & Trends
Millicom International Cellular's Operating Income history runs 15 years deep, the most recent figure standing at $416.0 million for 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 was $416.0 million for Q1 2026 at Millicom International Cellular, down from $469.0 million in the prior quarter.
- Across five years, Operating Income topped out at $678.0 million in Q4 2022 and bottomed at $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 declined 29.9%.
- Millicom International Cellular's Operating Income stood at $678.0 million in 2022, then retreated by 11.95% to $597.0 million in 2023, then grew by 12.06% to $669.0 million in 2024, then retreated by 29.9% to $469.0 million in 2025, then declined by 11.3% to $416.0 million in 2026.
- Business Quant data shows TIGO's Operating Income at $416.0 million in Q1 2026, $469.0 million in Q4 2025, and $390.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | America Movil Sab De Cv | 1,543.97 Bn | 1,543.97 Bn | 7.08 Bn | 5.86 Bn |
| 2 | Perusahaan Perseroan Persero Pt Telekomunikasi Indonesia Tbk | 1,427.96 Bn | -8,564.04 Bn | - | - |
| 3 | Grupo Televisa, S.A.B | 958.85 Bn | 957.15 Bn | 317.18 Mn | 431.89 Mn |
| 4 | Chunghwa Telecom | 334.17 Bn | 331.99 Bn | 719.92 Mn | 414.69 Mn |
| 5 | Verizon Communications | 198.41 Bn | 190.05 Bn | 29.14 Bn | 8.24 Bn |
| 6 | T-Mobile US | 192.12 Bn | 189.29 Bn | 17.74 Bn | 5.49 Bn |
| 7 | At&T | 169.04 Bn | 151.47 Bn | 25.25 Bn | 7.04 Bn |
| 8 | Veon | 90.84 Bn | 90.84 Bn | - | 306.00 Mn |
| 9 | Tim | 50.18 Bn | 50.03 Bn | 677.20 Mn | 1.07 Bn |
| 10 | Millicom International Cellular | 15.93 Bn | 14.66 Bn | - | 416.00 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 | 530.00 Mn |
| Sep 30, 2021 | 189.00 Mn |
| Jun 30, 2021 | 124.00 Mn |