IHS Holding (IHS) Beginning Cash Balance (2020 - 2026)
IHS Holding's Beginning Cash Balance came in at $966.5 million for Q2 2026, up 53.7% from $629 million a year earlier and up 13.3% from the prior quarter.
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Analysis
IHS Holding (IHS) Beginning Cash Balance (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, IHS Holding reported Beginning Cash Balance of $3 billion, up 46.5% year-over-year; for FY2025, it came in at $578 million, up 96.7% from FY2024.
- Beginning Cash Balance carries a five-year compound annual growth rate of -8.5% (FY2020 to FY2025).
- Going back by year, Beginning Cash Balance was $293.8 million in FY2024 (-42.8%), $514.08 million in FY2023 (-43.9%), $916.49 million in FY2022 (+56.6%) and $585.42 million in FY2021 (-34.9%).
- The Q2 2026 figure represents the highest quarterly Beginning Cash Balance in data going back to Q3 2020.
- Year-over-year, Beginning Cash Balance has increased for six consecutive quarters, with growth averaging 53.3% over the last seven quarters.
- The fastest year-over-year change in Beginning Cash Balance over five years came in Q1 2025 (growth of 96.7%), and the weakest in Q1 2023 (a decline of 43.9%).
- Business Quant data shows IHS's Beginning Cash Balance at $853.3 million (Q1 2026), $651.5 million (Q4 2025) and $533.1 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 966.50 Mn |
| Mar 31, 2026 | 853.30 Mn |
| Dec 31, 2025 | 651.50 Mn |
| Sep 30, 2025 | 533.10 Mn |
| Jun 30, 2025 | 629.00 Mn |
| Mar 31, 2025 | 578.00 Mn |
| Dec 31, 2024 | 397.50 Mn |
| Sep 30, 2024 | 445.70 Mn |
| Jun 30, 2024 | 333.20 Mn |
| Mar 31, 2024 | 293.80 Mn |
| Sep 30, 2023 | 433.05 Mn |
| Jun 30, 2023 | 515.59 Mn |
| Mar 31, 2023 | 514.08 Mn |
| Sep 30, 2022 | 567.30 Mn |
| Jun 30, 2022 | 508.61 Mn |
| Mar 31, 2022 | 916.49 Mn |
| Dec 31, 2021 | 501.49 Mn |
| Sep 30, 2021 | 541.64 Mn |
| Jun 30, 2021 | 545.40 Mn |
| Mar 31, 2021 | 585.42 Mn |
API Access
IHS Holding Beginning Cash Balance API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=IHS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "beginning-cash-balance", "ticker": "IHS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=beginning-cash-balance&ticker=IHS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();