IHS Holding (IHS) Operating Expenses (2020 - 2026)

IHS Holding (IHS) reported Operating Expenses of -$120.7 million for Q1 2026, down 229032158.06% year-over-year from N/an in Q1 2025, and down 1397.86% quarter-over-quarter from $9.3 million in Q4 2025.

IHS Holding (IHS) Operating Expenses (2020 - 2026) Analysis & Trends

IHS Holding (IHS) has 7 years of Operating Expenses data on file, last reported at -$120.7 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at -$120.7 million, down 229032158.06% year-over-year; the trailing twelve-month figure through Mar 2026 was -$247.0 million (down 204.56% YoY), and the FY2025 annual result was $11.4 million, up 777.09% from the prior year.
  • Operating Expenses slipped to -$120.7 million in Q1 2026 per IHS's latest filing, from $9.3 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $9.3 million in Q4 2025 and troughed at -$213.3 million in Q4 2022.
  • A 5-year average of -$73.1 million and a median of -$87.8 million in 2022 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2025 and 2026: Operating Expenses surged 3000.54% in 2025, then plunged 229032158.06% in 2026.
  • A 5-year view of Operating Expenses shows it stood at -$213.3 million in 2022, then surged by 47.44% to -$112.1 million in 2023, then surged by 100.27% to $299945.3 in 2024, then surged by 3000.54% to $9.3 million in 2025, then plunged by 1397.86% to -$120.7 million in 2026.
  • Business Quant data shows IHS's Operating Expenses at -$120.7 million in Q1 2026, $9.3 million in Q4 2025, and -$58.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 IHS Holding 44.35 Bn 43.37 Bn 231.80 -120.70 Mn
2 Cbre 38.64 Bn 37.43 Bn 1.85 Bn -
3 Jones Lang Lasalle 13.86 Bn 13.54 Bn - 6.18 Bn
4 Costar 12.44 Bn 11.16 Bn 701.00 Mn 698.00 Mn
5 Compass 7.37 Bn 6.89 Bn 2.31 Bn 3.06 Bn
6 KE Holdings 7.04 Bn 4.80 Bn 661.06 Mn -476.55 Mn
7 Opendoor Technologies 4.28 Bn 4.21 Bn 72.00 Mn 231.00 Mn
8 Cushman & Wakefield 3.00 Bn 2.40 Bn 420.70 Mn 2.48 Bn
9 Newmark 2.71 Bn 2.66 Bn - 820.20 Mn
10 Kennedy-Wilson Holdings 1.51 Bn 1.37 Bn 83.20 Mn 59.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -120.70 Mn
Dec 31, 2025 9.30 Mn
Sep 30, 2025 -58.30 Mn
Jun 30, 2025 -77.30 Mn
Mar 31, 2025 -52.70
Dec 31, 2024 299,945.30
Sep 30, 2024 -92.80
Jun 30, 2024 -81.40 Mn
Mar 31, 2024 -166.70
Dec 31, 2023 -112.12 Mn
Sep 30, 2023 -93.84 Mn
Jun 30, 2023 -100.72 Mn
Mar 31, 2023 -98.78 Mn
Dec 31, 2022 -213.31 Mn
Sep 30, 2022 -87.84 Mn
Jun 30, 2022 -108.53 Mn
Mar 31, 2022 -98.92 Mn
Dec 31, 2021 -103.74 Mn
Sep 30, 2021 -69.69 Mn
Jun 30, 2021 -92.39 Mn