NASDAQ · TIGO

Millicom International Cellular S.A financials

$89.78−3.08%
Close Sep 28, 2026 · split-adjusted

Revenue

Net income

Income statement & cash flow

Fiscal yearFY25
Dec 31
FY24
Dec 31
FY23
Dec 31
FY22
Dec 31
FY21
Dec 31
FY20
Dec 31
FY19
Dec 31
Revenue$5.82B$5.80B$5.66B$5.62B$4.26B$3.81B$4.34B
Gross profit$4.51B$4.38B$4.15B$4.12B$3.06B$2.75B$3.13B
Gross margin77.5%75.5%73.4%73.2%71.9%72.1%72.3%
Operating income$1.54B$1.29B$783.0M$882.0M$409.0M$231.0M$397.0M
Net income$1.32B$253.0M-$82.0M$177.0M$590.0M-$344.0M$149.0M
Net margin22.6%4.4%−1.4%3.1%13.8%−9.0%3.4%
Diluted EPS$7.83$1.46$-0.48$1.27$4.57$-2.67$1.48
EBITDA$2.82B$2.52B$2.12B$2.25B$1.60B$1.44B$1.51B
Operating cash flow$1.73B$1.60B$1.22B$1.28B$954.0M$821.0M$802.0M
Free cash flow$1.08B$1.06B$410.0M$484.0M$214.0M$199.0M$66.0M
Diluted shares168.0M172.6M171.4M139.7M129.1M129.0M101.1M

Balance sheet

Period endDec 31Dec 31Dec 31Dec 31Dec 31Dec 31
Cash & equivalents$1.55B$699.0M$775.0M$1.04B$895.0M$875.0M
Short-term investments$0.00$0.00$0.00$0.00$42.0M$366.0M
Total debt$7.42B$6.24B$7.14B$7.22B$7.74B$5.69B
Total assets$17.25B$13.74B$14.52B$14.20B$15.14B$12.42B
Total liabilities$13.63B$10.16B$11.07B$10.56B$12.40B$10.15B
Shareholders' equity$3.62B$3.58B$3.44B$3.63B$2.74B$2.27B

From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology