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Friday 6 November 2026 Export TIGO’s income statement to Excel — free account

Millicom 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

79.09 2.00 +2.59%
Market cap
$13.3B
P/E
19.9×
Fwd P/E
23.4×
Dividend yield
2.84%
F-score
7/9
Altman Z
1.18
Beneish M
−2.15
Dividend safety
42/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Millicom International Cellular SA (TIGO) Revenue growth

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Millicom International Cellular SA's revenue growth over the twelve months to 30 June 2026 was 29.6%, up 29.3 percentage points from fiscal 2025 (0.26%). Over the past ten years it has ranged from −37.5% (fiscal 2016) to 32.0% (fiscal 2022); the current reading is higher than 45% of that period. That is above the Telecom Services industry median of 5.40% and above the Communication Services sector median of 5.07%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 0.26% (2.27)
FY2024 2.53% 1.87
FY2023 0.66% (31.33)
FY2022 32.0% 29.83
FY2021 2.16% 5.97
FY2020 −3.81% (13.69)
FY2019 9.88% 13.07
FY2018 −3.19% (2.48)
FY2017 −0.71% 36.83
FY2016 −37.5% (40.45)

Quarterly newest first

Period Revenue growth Change (points)
Jun 2026 59.4% 14.30
Mar 2026 45.1% 28.57
Dec 2025 16.5% 17.30
Sep 2025 −0.77% 5.47
42 more quarters

Against its own ten years

Low −37.5% High 32.0%
Ten-year median 0.66%
Current reading's percentile 45

Revenue growth against peers

Company Revenue growth
TLK PT Telekomunikasi Indonesia, Tbk compare 35.1%
TIGO Millicom International Cellular SA 29.6%
VIV Telefonica Brasil S.A. compare 16.4%
TIMB TIM S.A. Sponsored ADR compare 14.3%
GSAT Globalstar, Inc. compare 5.91%
KT KT Corporation compare 3.31%
SKM SK Telecom Co., Ltd. compare −0.24%
CHTR Charter Communications, Inc. compare −1.50%
TELFY Telefonica SA compare −6.91%
Telecom Services industry median 5.40%
Communication Services sector median 5.07%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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