Millicom International Cellular $TIGO

Communication Services

$91.17
+2.85 (+3.23%)
As of Oct 5, 2026, 4:21 PM EDT
Price history
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Millicom International Cellular (TIGO) is trading up at $91.17 (+3.23%), as of the latest quote. It is a Russell 1000 constituent in the Communication Services sector.

Millicom International Cellular revenue & net income history (FY2016–FY2025)

RevenueNet income
$5.82B$2.74B−$344.0MFY2016 revenue: $4.04BFY2016 net income: −$32.0M'16FY2017 revenue: $3.94BFY2017 net income: $87.0M'17FY2018 revenue: $3.95BFY2018 net income: −$10.0M'18FY2019 revenue: $4.34BFY2019 net income: $149.0M'19FY2020 revenue: $3.81BFY2020 net income: −$344.0M'20FY2021 revenue: $4.26BFY2021 net income: $590.0M'21FY2022 revenue: $5.62BFY2022 net income: $177.0M'22FY2023 revenue: $5.66BFY2023 net income: −$82.0M'23FY2024 revenue: $5.80BFY2024 net income: $253.0M'24FY2025 revenue: $5.82BFY2025 net income: $1.32B'25
Millicom International Cellular annual financial statements
FY2016Dec 2016FY2017Dec 2017FY2018Dec 2018FY2019Dec 2019FY2020Dec 2020FY2021Dec 2021FY2022Dec 2022FY2023Dec 2023FY2024Dec 2024FY2025Dec 2025
Income statement
Revenue$4.04B$3.94B$3.95B$4.34B$3.81B$4.26B$5.62B$5.66B$5.80B$5.82B
Growth (year over year)—−2.6%+0.3%+9.9%−12.2%+12.0%+32.0%+0.7%+2.5%+0.3%
Gross profit$2.87B$2.77B$2.83B$3.13B$2.75B$3.06B$4.12B$4.15B$4.38B$4.51B
Gross margin70.9%70.3%71.7%72.3%72.1%71.9%73.2%73.4%75.5%77.5%
Operating income$490.0M$632.0M$640.0M$575.0M$402.0M$619.0M$915.0M$826.0M$1.34B$1.64B
Operating margin12.1%16.1%16.2%13.3%10.6%14.5%16.3%14.6%23.1%28.2%
Net income−$32.0M$87.0M−$10.0M$149.0M−$344.0M$590.0M$177.0M−$82.0M$253.0M$1.32B
Net margin−0.8%2.2%−0.3%3.4%−9.0%13.8%3.1%−1.4%4.4%22.6%
EPS (diluted)−$0.32$0.86−$0.10$1.48−$2.67$4.57$1.27−$0.48$1.46$7.83
Balance sheet
Cash and equivalents$646.0M$619.0M$528.0M$1.16B$875.0M$895.0M$1.04B$775.0M$699.0M$1.55B
Total assets$9.63B$9.46B$10.3B$12.9B$12.4B$15.1B$14.2B$14.5B$13.7B$17.3B
Total liabilities$6.26B$6.18B$7.52B$10.2B$10.1B$12.4B$10.6B$11.1B$10.2B$13.6B
Shareholders' equity$3.37B$3.10B$2.54B$2.41B$2.06B$2.58B$3.60B$3.53B$3.63B$3.64B
Cash flow
Operating cash flow$878.0M$820.0M$792.0M$801.0M$821.0M$956.0M$1.28B$1.22B$1.60B$1.73B
Capital expenditure$719.0M$650.0M$632.0M$736.0M$622.0M$740.0M$800.0M$814.0M$540.0M$650.0M
Free cash flow$159.0M$170.0M$160.0M$65.0M$199.0M$216.0M$484.0M$409.0M$1.06B$1.08B
Dividends paid$265.0M$265.0M$266.0M$268.0M$0$0$0$0$0$754.0M
Share buybacks$3.00M$3.00M$0$0$10.0M$50.0M$0$5.00M$99.0M$119.0M

From Millicom International Cellular's 20-F filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Per-share figures are per ordinary share, which is not always the share traded in the US: an ADS can stand for several, or for part of one. Filings on SEC EDGAR →

About Millicom International Cellular

Millicom International Cellular SA is a Luxembourg-domiciled fixed line and mobile telecommunications services provider operating in Latin America under the Tigo brand. Its main shareholder is Xavier Niel, a French billionaire who owns 46% of the company.

Source: Wikipedia — Millicom

Headquarters
Luxembourg, Luxembourg From SEC filings, Oct 2026

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