IHS Holding (IHS) Operating Expenses (2020 - 2026)
IHS Holding's (IHS) quarterly Operating Expenses came in at -$125.4 million in Q2 2026, down 83.33% year-over-year from -$752.4 million in Q2 2025, and down 3.89% quarter-over-quarter from -$120.7 million in Q1 2026.
Analysis
IHS Holding (IHS) Operating Expenses (2020 - 2026) Analysis & Trends
IHS Holding (IHS) has reported Operating Expenses for 7 consecutive years, with -$125.4 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses fell 83.33% year-over-year to -$125.4 million in Q2 2026; TTM through Jun 2026 was -$366.7 million, a 39.06% decrease from a year earlier, with the FY2025 full-year figure at -$220.1 million, up 18.09% from the prior year.
- Operating Expenses was -$125.4 million for Q2 2026 at IHS Holding, down from -$120.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at -$49.8 million in Q4 2024 and troughed at -$216.2 million in Q4 2022.
- A 5-year average of -$98.9 million and a median of -$93.3 million in 2023 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses surged 68.39% in 2025 and slumped 129.03% in 2026, its largest moves.
- Over 5 years, Operating Expenses stood at -$216.2 million in 2022, then soared by 48.87% to -$110.6 million in 2023, then surged by 54.95% to -$49.8 million in 2024, then fell by 25.1% to -$62.3 million in 2025, then sank by 101.28% to -$125.4 million in 2026.
- The last three Operating Expenses figures came in at -$125.4 million (Q2 2026), -$120.7 million (Q1 2026), and -$62.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 80.54 Bn | 78.77 Bn | 2.72 Bn | 1.48 Bn |
| 2 | Crown Castle | 31.90 Bn | 30.86 Bn | 989.00 Mn | 538.00 Mn |
| 3 | Sba Communications | 19.24 Bn | 19.24 Bn | 539.27 Mn | 363.41 Mn |
| 4 | Array Digital Infrastructure | 3.30 Bn | 2.88 Bn | 30.57 Mn | -345.19 Mn |
| 5 | IHS Holding | 2.84 Bn | 1.77 Bn | 207.10 Mn | -125.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -125.40 Mn |
| Mar 31, 2026 | -120.70 Mn |
| Dec 31, 2025 | -62.30 Mn |
| Sep 30, 2025 | -58.30 Mn |
| Jun 30, 2025 | -68.40 Mn |
| Mar 31, 2025 | -52.70 Mn |
| Dec 31, 2024 | -49.80 Mn |
| Sep 30, 2024 | -92.80 Mn |
| Jun 30, 2024 | -81.40 Mn |
| Mar 31, 2024 | -166.70 Mn |
| Dec 31, 2023 | -110.55 Mn |
| Sep 30, 2023 | -93.84 Mn |
| Jun 30, 2023 | -100.72 Mn |
| Mar 31, 2023 | -97.32 Mn |
| Dec 31, 2022 | -216.23 Mn |
| Sep 30, 2022 | -89.15 Mn |
| Jun 30, 2022 | -102.85 Mn |
| Mar 31, 2022 | -90.56 Mn |
| Dec 31, 2021 | -100.88 Mn |
| Sep 30, 2021 | -65.35 Mn |