Millicom International Cellular S.A. Financial Statements
NASDAQ: TIGOTelecommunicationsTelecommunications EquipmentUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Millicom International Cellular S.A. revenue and earnings
In fiscal 2025, Millicom International Cellular S.A. generated $5.82 billion in revenue, up 0.3% from fiscal 2024, its 5th consecutive year of revenue growth. Net income was $1.32 billion (+420.2% year over year), for a net margin of 22.6% versus a median of 3.1% in the prior 5 years. Gross margin was 77.5% (up from 75.5%) and operating margin 28.2%.
Diluted earnings per share came in at $7.83, up from $1.46. Over the last 5 fiscal years, TIGO's revenue has grown at a 8.9% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Millicom International Cellular S.A. income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.82B | 5.80B | 5.66B | 5.62B | 4.26B | 3.81B | 4.34B | 3.95B | 3.94B | 4.04B |
| Revenue growth (YoY) | +0.26% | +2.53% | +0.66% | +31.99% | +11.98% | -12.25% | +9.88% | +0.25% | -2.65% | — |
| Cost of Revenue | 1.31B | 1.42B | 1.51B | 1.51B | 1.20B | 1.06B | 1.20B | 1.12B | 1.17B | 1.18B |
| Gross Profit | 4.51B | 4.38B | 4.15B | 4.12B | 3.06B | 2.75B | 3.13B | 2.83B | 2.77B | 2.87B |
| Operating Expenses | 2.87B | 3.04B | 3.33B | 3.20B | 2.44B | 2.34B | 2.56B | 2.19B | 2.13B | 2.38B |
| Operating Income | 1.64B | 1.34B | 826.00M | 915.00M | 619.00M | 402.00M | 575.00M | 640.00M | 632.00M | 490.00M |
| Interest Expense | 702.00M | 716.00M | 712.00M | 617.00M | 495.00M | 560.00M | 564.00M | 367.00M | 389.00M | 372.00M |
| Pretax Income | 1.67B | 552.00M | 175.00M | 238.00M | 728.00M | -252.00M | 218.00M | 119.00M | 172.00M | 109.00M |
| Income Tax | 303.00M | 281.00M | 424.00M | 222.00M | 158.00M | 72.00M | 120.00M | 112.00M | 162.00M | 179.00M |
| Net Income | 1.32B | 253.00M | -82.00M | 177.00M | 590.00M | -344.00M | 149.00M | -10.00M | 87.00M | -32.00M |
| Net Income growth (YoY) | +420.16% | — | -146.33% | -70.00% | — | -330.87% | — | -111.49% | — | — |
| EPS (Basic) | 7.86 | 1.47 | -0.48 | 1.27 | 4.59 | -2.68 | 1.48 | -0.10 | 0.86 | -0.32 |
| EPS (Diluted) | 7.83 | 1.46 | -0.48 | 1.27 | 4.57 | -2.67 | 1.48 | -0.10 | 0.86 | -0.32 |
| Shares Outstanding (Basic) | 167.56M | 171.31M | 171.40M | 139.05M | 128.57M | 128.63M | 101.14M | 100.79M | 100.38M | 100.34M |
| Shares Outstanding (Diluted) | 168.00M | 172.56M | 171.40M | 139.69M | 129.12M | 128.98M | 101.14M | 100.79M | 100.38M | 100.34M |
| EBITDA | 2.92B | 2.58B | 2.16B | 2.28B | 1.81B | 1.61B | 1.69B | 1.47B | 1.51B | 1.42B |
| Gross Margin | 77.47% | 75.53% | 73.38% | 73.22% | 71.88% | 72.14% | 72.30% | 71.69% | 70.30% | 70.94% |
| Operating Margin | 28.17% | 23.12% | 14.59% | 16.27% | 14.53% | 10.57% | 13.26% | 16.22% | 16.06% | 12.12% |
| Net Margin | 22.62% | 4.36% | -145.00% | 3.15% | 13.85% | -9.04% | 3.44% | -25.00% | 2.21% | -79.00% |
This table shows 10 annual periods of Millicom International Cellular S.A.'s income statement, from FY 2025 back to FY 2016, across 17 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow TIGO's reporting calendar. What is a income statement?