IHS Holding (IHS) Gross Margin (2020 - 2026)
IHS Holding's (IHS) quarterly Gross Margin came in at 48.32% in Q2 2026, down 760.0% year-over-year from 7.32% in Q2 2025, and down 13.41% quarter-over-quarter from 55.8% in Q1 2026.
Analysis
IHS Holding (IHS) Gross Margin (2020 - 2026) Analysis & Trends
IHS Holding (IHS) has reported Gross Margin for 7 consecutive years, with 48.32% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 760.0% year-over-year to 48.32% in Q2 2026; TTM through Jun 2026 was 51.53%, a 260.0% decrease from a year earlier, with the FY2025 full-year figure at 55.41%, up 15163286157.0% from the prior year.
- Gross Margin was 48.32% for Q2 2026 at IHS Holding, down from 55.8% in the prior quarter.
- Over five years, Gross Margin peaked at 56.71% in Q4 2023 and troughed at 23.16% in Q3 2023.
- A 5-year average of 47.46% and a median of 48.71% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 1976 bps in 2023 and jumped 2886 bps in 2024, its largest moves.
- Over 5 years, Gross Margin stood at 35.72% in 2022, then jumped by 59 bps to 56.71% in 2023, then slipped by 6 bps to 53.08% in 2024, then grew by 4 bps to 55.15% in 2025, then dropped by 12 bps to 48.32% in 2026.
- The last three Gross Margin figures came in at 48.32% (Q2 2026), 55.8% (Q1 2026), and 55.15% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 80.54 Bn | 78.77 Bn | 2.72 Bn | 98.79% |
| 2 | Crown Castle | 31.90 Bn | 30.86 Bn | 989.00 Mn | 98.12% |
| 3 | Sba Communications | 19.24 Bn | 19.24 Bn | 539.27 Mn | 75.39% |
| 4 | Array Digital Infrastructure | 3.30 Bn | 2.88 Bn | 30.57 Mn | 56.54% |
| 5 | IHS Holding | 2.84 Bn | 1.77 Bn | 207.10 Mn | 48.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.32% |
| Mar 31, 2026 | 55.80% |
| Dec 31, 2025 | 55.15% |
| Sep 30, 2025 | 47.48% |
| Jun 30, 2025 | 55.92% |
| Mar 31, 2025 | 55.67% |
| Dec 31, 2024 | 53.08% |
| Sep 30, 2024 | 52.01% |
| Jun 30, 2024 | 52.53% |
| Mar 31, 2024 | 39.12% |
| Dec 31, 2023 | 56.71% |
| Sep 30, 2023 | 23.16% |
| Jun 30, 2023 | 45.61% |
| Mar 31, 2023 | 49.11% |
| Dec 31, 2022 | 35.72% |
| Sep 30, 2022 | 42.91% |
| Jun 30, 2022 | 42.14% |
| Mar 31, 2022 | 43.83% |
| Dec 31, 2021 | 43.61% |
| Sep 30, 2021 | 31.85% |