stockrowMillicom International Cellular SA
TIGO Communication Services Telecom Services
Millicom International Cellular SA’s revenue for fiscal 2025 (year ended December 2025) was $5.8 billion, roughly unchanged from fiscal 2024.
- Revenue
- +59.4%
- EPS
- −84.0%
- Free cash flow
- +66.1%
- Total debt
- +47.9%
Quarter to June 2026, against a year earlier
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Millicom International Cellular SA (TIGO) Gross margin
Millicom International Cellular SA's gross margin over the twelve months to 30 June 2026 was 76.5%, down 0.9 percentage points from fiscal 2025 (77.5%). Over the past ten years it has ranged from 70.4% (fiscal 2017) to 77.5% (fiscal 2025) — the current reading is the highest in ten years. That is above the Telecom Services industry median of 48.8% and above the Communication Services sector median of 51.3%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 77.5% | 1.94 |
| FY2024 | 75.5% | 2.15 |
| FY2023 | 73.4% | 0.16 |
| FY2022 | 73.2% | 1.31 |
| FY2021 | 71.9% | (0.02) |
| FY2020 | 71.9% | (0.37) |
| FY2019 | 72.3% | 0.61 |
| FY2018 | 71.7% | 1.25 |
| FY2017 | 70.4% | (0.64) |
| FY2016 | 71.1% | (1.64) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 75.3% | (0.61) |
| Mar 2026 | 75.9% | (1.89) |
| Dec 2025 | 77.8% | (0.20) |
| Sep 2025 | 78.0% | 0.93 |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| TLK PT Telekomunikasi Indonesia, Tbk compare | 100.0% |
| SKM SK Telecom Co., Ltd. compare | 87.6% |
| TIGO Millicom International Cellular SA | 76.5% |
| TELFY Telefonica SA compare | 66.8% |
| TIMB TIM S.A. Sponsored ADR compare | 54.5% |
| VIV Telefonica Brasil S.A. compare | 45.0% |
| CHTR Charter Communications, Inc. compare | 39.9% |
| KT KT Corporation compare | 7.05% |
| GSAT Globalstar, Inc. compare | 0.00% |
| Telecom Services industry median | 48.8% |
| Communication Services sector median | 51.3% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on TIGO
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement