IHS Holding IHS
NYSE IHS
$8.48 +0.02 (+0.18%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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