IHS Holding (IHS) Operating Expenses (2020 - 2026)
IHS Holding (IHS) posted Operating Expenses of -$125.4 million for Q2 2026, compared with -$68.1 million a year earlier.
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Analysis
IHS Holding (IHS) Operating Expenses (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at IHS Holding was -$369.1 million; for FY2025, it came in at -$223.4 million.
- In prior years, IHS Holding's Operating Expenses was -$145.4 million in FY2024, -$362.27 million in FY2023, -$480.32 million in FY2022 and $35.15 million in FY2021 (-77.8%).
- The Q2 2026 figure stands as the lowest quarterly Operating Expenses since Q1 2024.
- According to Business Quant data, Operating Expenses for the three prior quarters was -$120.7 million (Q1 2026), -$64.7 million (Q4 2025) and -$58.3 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 78.00 Bn | 77.74 Bn | 2.72 Bn | 1.48 Bn |
| 2 | Digital Realty Trust | 65.33 Bn | 55.85 Bn | - | 1.46 Bn |
| 3 | Crown Castle | 28.57 Bn | 27.31 Bn | 989.00 Mn | 538.00 Mn |
| 4 | Sba Communications | 17.27 Bn | 17.36 Bn | 539.27 Mn | 363.41 Mn |
| 5 | Lamar Advertising | 12.72 Bn | 12.54 Bn | 422.53 Mn | 408.79 Mn |
| 6 | OUTFRONT Media | 4.93 Bn | 4.69 Bn | 276.40 Mn | 406.40 Mn |
| 7 | Array Digital Infrastructure | 2.93 Bn | 1.83 Bn | 30.57 Mn | -345.19 Mn |
| 8 | IHS Holding | 2.81 Bn | -54.39 Mn | 207.10 Mn | -125.40 Mn |
| 9 | Fermi | 2.73 Bn | 1.87 Bn | - | 26.76 Mn |
| 10 | Clear Channel Outdoor Holdings | 1.19 Bn | 478.09 Mn | 241.86 Mn | 69.97 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -125.40 Mn |
| Mar 31, 2026 | -120.70 Mn |
| Dec 31, 2025 | -64.70 Mn |
| Sep 30, 2025 | -58.30 Mn |
| Jun 30, 2025 | -68.10 Mn |
| Mar 31, 2025 | -52.70 Mn |
| Dec 31, 2024 | -54.40 Mn |
| Sep 30, 2024 | -92.80 Mn |
| Jun 30, 2024 | -81.30 Mn |
| Mar 31, 2024 | -166.70 Mn |
| Dec 31, 2023 | -112.12 Mn |
| Sep 30, 2023 | -93.84 Mn |
| Jun 30, 2023 | -100.72 Mn |
| Mar 31, 2023 | -97.32 Mn |
| Dec 31, 2022 | -213.31 Mn |
| Sep 30, 2022 | 16.01 Mn |
| Jun 30, 2022 | -102.85 Mn |
| Mar 31, 2022 | -82.20 Mn |
| Dec 31, 2021 | -11.01 Mn |
| Sep 30, 2021 | 20.58 Mn |
API Access
IHS Holding Operating Expenses 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=operating-expenses&ticker=IHS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=IHS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();