Income Statement - MILLICOM INTERNATIONAL CELLULAR SA (TIGO)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 5,819.00 | 5,804.00 | 5,661.00 | 5,624.00 | 4,261.00 | 4,171.00 | 4,336.00 | 3,946.00 | 4,076.00 | 4,105.00 | 6,572.00 | 6,386.00 | 4,390.00 | 4,814.00 | 4,529.60 | 3,920.25 | 3,372.73 | 3,150.56 | 2,630.61 | 1,576.10 |
| Cost of revenue | 1,311.00 | 1,420.00 | 3,459.00 | 1,506.00 | 2,785.00 | 2,856.00 | 2,797.00 | 2,419.00 | 2,497.00 | 2,063.00 | 3,074.00 | 2,852.00 | 1,865.00 | 1,964.00 | 1,753.44 | 1,446.06 | 1,323.56 | 1,206.14 | 1,048.50 | 653.46 |
| Gross profit | 4,508.00 | 4,384.00 | 2,202.00 | 4,118.00 | 1,476.00 | 1,315.00 | 1,539.00 | 1,527.00 | 1,579.00 | 2,042.00 | 3,498.00 | 3,534.00 | 2,525.00 | 2,850.00 | 2,776.15 | 2,474.19 | 2,049.17 | 1,944.42 | 1,582.12 | 922.64 |
| Total operating expenses | 2,869.00 | 3,042.00 | 1,429.00 | 3,203.00 | 1,072.00 | 1,075.00 | 1,109.00 | 1,117.00 | 1,143.00 | 1,661.00 | 2,616.00 | 2,598.00 | 1,894.00 | 1,661.00 | 1,454.24 | 1,382.76 | 1,187.19 | 1,114.76 | 919.19 | 490.54 |
| Operating income | 1,639.00 | 1,342.00 | 773.00 | 915.00 | 404.00 | 240.00 | 430.00 | 410.00 | 436.00 | 381.00 | 882.00 | 936.00 | 631.00 | 1,189.00 | 1,321.91 | 1,091.43 | 861.98 | 829.66 | 662.93 | 432.11 |
| Non-operating income (net) | 26.00 | -790.00 | -598.00 | -677.00 | 324.00 | -511.00 | -212.00 | -291.00 | -260.00 | -293.00 | -965.00 | 2,100.00 | -219.00 | -292.00 | -250.72 | 746.77 | -170.39 | -158.65 | -123.48 | -78.10 |
| Income before tax | 1,665.00 | 552.00 | 175.00 | 238.00 | 728.00 | -271.00 | 218.00 | 119.00 | 176.00 | 88.00 | -83.00 | 3,036.00 | 412.00 | 897.00 | 1,071.19 | 1,838.21 | 691.59 | 671.01 | 539.44 | 354.00 |
| Income tax expense | 303.00 | 281.00 | 424.00 | 222.00 | 158.00 | 102.00 | 121.00 | 112.00 | 158.00 | 179.00 | 278.00 | 256.00 | 144.00 | 393.00 | -18.35 | 227.10 | 188.00 | 268.81 | 87.08 | 118.21 |
| Net income | 1,316.00 | 253.00 | -82.00 | 57.00 | 590.00 | -344.00 | 75.00 | 19.00 | 47.00 | -45.00 | -559.00 | 2,620.00 | 231.00 | 508.00 | 888.78 | 1,623.35 | 561.93 | 517.52 | 438.52 | 244.76 |
Show Quarterly Income Statement
Income Statement - MILLICOM INTERNATIONAL CELLULAR SA (TIGO)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 1,985.00 | 1,652.00 | 1,420.00 | 1,372.00 | 1,374.00 | 1,428.00 | 1,431.00 | 1,458.00 | 1,487.00 | 1,475.00 | 1,424.00 | 1,393.00 | 1,369.00 | 1,381.00 | 1,388.00 | 1,447.00 | 1,408.00 | 1,255.00 | 1,006.00 | 1,001.00 | 999.00 | 1,088.00 | 1,026.00 | 970.00 | 1,088.00 | 1,150.00 | 1,097.00 | 1,054.00 | 1,035.00 | 980.00 | 1,018.00 | 1,000.00 | 1,013.00 | 1,056.00 | 1,022.00 | 1,001.00 | 1,043.00 | 1,119.00 | 1,099.00 | 1,100.00 | 1,056.00 | 1,676.50 | 1,640.70 | 1,704.00 | 1,709.00 | 1,859.00 | 1,674.00 | 1,447.00 | 1,405.00 | 1,365.00 | 1,290.00 | 1,258.00 | 1,246.00 | 1,266.00 | 1,199.00 | 1,181.02 | 1,168.32 | 1,177.38 | 1,150.69 | 1,120.11 | 1,081.42 | 1,068.94 | 1,017.73 | 928.55 | 905.03 | 923.68 | 856.20 | 814.31 | 846.07 | 900.06 | 869.11 | 842.51 | 800.70 | 768.20 | 686.36 | 613.35 | 562.70 | 489.77 | 402.50 | 361.63 | 322.20 |
| Cost of revenue | 946.00 | 367.00 | 313.00 | 316.00 | 613.00 | 344.00 | 641.00 | 658.00 | 716.00 | 734.00 | 700.00 | 708.00 | 703.00 | 695.00 | 369.00 | 737.00 | 707.00 | 644.00 | 536.00 | 550.00 | 580.00 | 588.00 | 591.00 | 601.00 | 305.00 | 608.00 | 574.00 | 570.00 | 550.00 | 481.00 | 491.00 | 494.00 | 484.00 | 530.00 | 511.00 | 509.00 | 519.00 | 571.00 | 555.00 | 323.00 | 306.00 | 490.40 | 435.10 | 717.00 | 710.00 | 1,367.00 | 449.00 | 537.00 | 518.00 | 578.00 | 509.00 | 486.00 | 468.00 | 909.00 | 281.00 | 433.33 | 421.27 | 405.56 | 398.97 | 391.58 | 364.77 | 355.65 | 339.91 | 318.14 | 188.87 | 336.93 | 304.92 | 169.60 | 193.34 | 328.18 | 329.13 | 310.03 | 202.57 | 491.60 | 173.44 | 235.84 | 150.68 | 312.00 | 109.77 | 136.85 | 125.55 |
| Gross profit | 1,039.00 | 1,285.00 | 1,107.00 | 1,056.00 | 761.00 | 1,084.00 | 790.00 | 800.00 | 771.00 | 741.00 | 724.00 | 685.00 | 666.00 | 686.00 | 1,019.00 | 710.00 | 701.00 | 611.00 | 470.00 | 451.00 | 419.00 | 500.00 | 435.00 | 369.00 | 783.00 | 542.00 | 523.00 | 484.00 | 485.00 | 499.00 | 527.00 | 506.00 | 529.00 | 526.00 | 511.00 | 492.00 | 524.00 | 548.00 | 544.00 | 777.00 | 750.00 | 1,186.10 | 1,205.60 | 987.00 | 999.00 | 492.00 | 1,225.00 | 910.00 | 887.00 | 787.00 | 781.00 | 772.00 | 778.00 | 357.00 | 918.00 | 747.69 | 747.05 | 771.83 | 751.72 | 728.53 | 716.65 | 713.29 | 677.83 | 610.41 | 716.16 | 586.75 | 551.28 | 644.71 | 652.73 | 571.88 | 539.98 | 532.48 | 598.13 | 276.61 | 512.92 | 377.51 | 412.02 | 177.77 | 292.73 | 224.79 | 196.65 |
| Total operating expenses | 650.00 | 816.00 | 717.00 | 699.00 | 423.00 | 711.00 | 504.00 | 471.00 | 473.00 | 527.00 | 528.00 | 498.00 | 490.00 | 462.00 | 823.00 | 475.00 | 474.00 | 447.00 | 367.00 | 373.00 | 360.00 | 405.00 | 369.00 | 330.00 | 649.00 | 415.00 | 392.00 | 408.00 | 374.00 | 447.00 | 399.00 | 391.00 | 409.00 | 403.00 | 404.00 | 401.00 | 403.00 | 491.00 | 437.00 | 680.00 | 645.00 | 1,072.00 | 978.60 | 764.00 | 772.00 | 269.00 | 986.00 | 686.00 | 651.00 | 640.00 | 585.00 | 572.00 | 540.00 | 92.00 | 655.00 | 469.57 | 451.62 | 438.95 | 430.92 | 435.82 | 406.02 | 431.86 | 411.57 | 354.47 | 475.51 | 361.91 | 334.65 | 434.41 | 439.78 | 325.33 | 332.20 | 328.97 | 390.85 | 122.70 | 318.83 | 217.52 | 257.09 | 56.57 | 180.17 | 125.35 | 109.48 |
| Operating income | 389.00 | 469.00 | 390.00 | 357.00 | 338.00 | 373.00 | 286.00 | 329.00 | 298.00 | 214.00 | 196.00 | 187.00 | 176.00 | 224.00 | 196.00 | 235.00 | 227.00 | 164.00 | 103.00 | 78.00 | 59.00 | 95.00 | 66.00 | 39.00 | 134.00 | 127.00 | 131.00 | 76.00 | 111.00 | 52.00 | 128.00 | 115.00 | 120.00 | 123.00 | 107.00 | 91.00 | 121.00 | 57.00 | 107.00 | 129.00 | 141.00 | 114.10 | 227.00 | 223.00 | 227.00 | 225.00 | 239.00 | 224.00 | 236.00 | 147.00 | 196.00 | 200.00 | 238.00 | 266.00 | 264.00 | 278.12 | 295.43 | 332.88 | 320.80 | 292.71 | 310.63 | 281.43 | 266.26 | 255.93 | 238.11 | 224.84 | 216.62 | 208.93 | 211.92 | 246.55 | 207.78 | 205.69 | 207.28 | 153.91 | 194.09 | 160.00 | 154.93 | 148.84 | 104.26 | 99.44 | 87.17 |
| Non-operating income (net) | -235.00 | -158.00 | -101.00 | 417.00 | -48.00 | -253.00 | -163.00 | -173.00 | -145.00 | -148.00 | -160.00 | -154.00 | -137.00 | -160.00 | -192.00 | -164.00 | -128.00 | 567.00 | -68.00 | -146.00 | -29.00 | -94.00 | -119.00 | -92.00 | -301.00 | 150.00 | -227.00 | -81.00 | -70.00 | -117.00 | -57.00 | -84.00 | -33.00 | -42.00 | -61.00 | -105.00 | -84.00 | -149.00 | -84.00 | -47.00 | -74.00 | -378.80 | -164.30 | -195.00 | -206.00 | -74.00 | 7.00 | 86.00 | 2,094.00 | -106.00 | -177.00 | -84.00 | -27.00 | -42.00 | -85.00 | 16.08 | -95.27 | -39.48 | -73.89 | -43.25 | -29.22 | -55.75 | 998.88 | -78.73 | -35.97 | -43.94 | -32.08 | -48.56 | -39.13 | -75.59 | -33.71 | -33.43 | -20.35 | -46.86 | -24.93 | -26.14 | -25.56 | 5.78 | -24.75 | -42.75 | -25.59 |
| Income before tax | 154.00 | 311.00 | 289.00 | 774.00 | 290.00 | 120.00 | 123.00 | 156.00 | 153.00 | 66.00 | 36.00 | 33.00 | 39.00 | 64.00 | 4.00 | 71.00 | 99.00 | 731.00 | 35.00 | -68.00 | 30.00 | 1.00 | -53.00 | -53.00 | -167.00 | 277.00 | -96.00 | -5.00 | 41.00 | -65.00 | 71.00 | 31.00 | 87.00 | 81.00 | 46.00 | -14.00 | 37.00 | -92.00 | 23.00 | 82.00 | 67.00 | -264.70 | 62.70 | 28.00 | 21.00 | 151.00 | 246.00 | 310.00 | 2,330.00 | 41.00 | 19.00 | 116.00 | 211.00 | 224.00 | 179.00 | 294.20 | 200.16 | 293.40 | 246.91 | 249.47 | 281.41 | 225.68 | 1,265.14 | 177.20 | 202.14 | 180.90 | 184.54 | 160.37 | 172.79 | 170.96 | 174.07 | 172.26 | 186.93 | 107.05 | 169.15 | 133.86 | 129.38 | 154.62 | 79.51 | 56.69 | 61.58 |
| Income tax expense | 79.00 | 45.00 | 85.00 | 101.00 | 71.00 | 67.00 | 66.00 | 78.00 | 71.00 | 223.00 | 61.00 | 81.00 | 59.00 | 22.00 | 53.00 | 77.00 | 70.00 | 92.00 | 12.00 | 33.00 | 21.00 | 54.00 | -1.00 | 65.00 | -16.00 | 31.00 | 47.00 | 23.00 | 18.00 | 45.00 | 1.00 | 35.00 | 33.00 | 33.00 | 43.00 | 40.00 | 42.00 | 68.00 | 27.00 | 50.00 | 34.00 | 122.50 | 38.50 | 91.00 | 39.00 | 88.00 | 30.00 | 67.00 | 71.00 | -2.00 | 54.00 | 62.00 | 68.00 | 156.00 | 61.00 | 84.90 | 91.32 | 8.67 | -166.50 | 57.50 | 81.98 | 52.15 | 59.78 | 54.99 | 60.17 | 44.20 | 50.99 | 51.49 | 42.78 | 140.21 | 30.55 | 64.74 | 41.87 | -35.18 | 34.64 | 39.89 | 47.73 | 41.44 | 26.73 | 22.19 | 26.82 |
| Net income | 109.00 | 252.00 | 195.00 | 676.00 | 193.00 | 31.00 | 51.00 | 78.00 | 92.00 | -63.00 | -1.00 | -22.00 | 3.00 | 57.00 | -31.00 | 9.00 | 23.00 | 643.00 | 5.00 | -100.00 | 42.00 | -56.00 | -51.00 | -115.00 | -122.00 | 223.00 | -131.00 | -25.00 | 13.00 | -94.00 | 68.00 | -6.00 | 50.00 | 30.00 | 21.00 | -27.00 | 24.00 | -144.00 | 19.00 | 39.00 | 38.00 | -426.20 | 12.00 | -99.00 | -46.00 | 48.00 | 165.00 | 186.00 | 2,244.00 | 55.00 | -37.00 | 66.00 | 145.00 | 87.00 | 114.00 | 212.21 | 94.61 | 231.28 | 287.92 | 175.17 | 230.14 | 157.16 | 1,205.25 | 134.29 | 155.53 | 454.21 | 142.69 | 114.27 | 139.62 | -159.97 | 161.30 | 131.94 | 158.11 | 112.75 | 137.63 | 91.68 | 345.20 | 49.90 | 51.79 | 33.85 | 33.41 |