IHS Holding (IHS) Operating Income (2020 - 2026)
IHS Holding's Operating Income was $82.8 million in Q2 2026, down 44.5% from $149.2 million a year earlier and down 25.6% from the prior quarter.
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Analysis
IHS Holding (IHS) Operating Income (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, IHS Holding's Operating Income was $677.8 million through Jun 30, 2026, down 0.2% year-over-year; for FY2025, it was $821.4 million, up 36.0% from FY2024.
- Operating Income has now increased for three consecutive years, with a five-year compound annual growth rate of 19.9% (FY2020 to FY2025).
- In earlier years, Operating Income was $604 million in FY2024 (+15.2%), $524.4 million in FY2023 (+67.9%), $312.25 million in FY2022 (-19.6%) and $388.37 million in FY2021 (+17.0%).
- The Q2 2026 figure marks the lowest quarterly Operating Income since Q1 2024.
- Compared with a year earlier, Operating Income was higher in five of the last seven quarters, with growth averaging 120.9%.
- The best year-over-year quarter for Operating Income over five years was Q3 2024 (growth of 823.2%); the worst was Q3 2023 (a decline of 89.8%).
- Per Business Quant data, IHS's Operating Income in the three quarters before Q2 2026 was $111.3 million (Q1 2026), $323.8 million (Q4 2025) and $159.9 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 78.00 Bn | 77.74 Bn | 2.72 Bn | 1.27 Bn |
| 2 | Digital Realty Trust | 65.33 Bn | 55.85 Bn | - | 467.25 Mn |
| 3 | Crown Castle | 28.57 Bn | 27.31 Bn | 989.00 Mn | 470.00 Mn |
| 4 | Sba Communications | 17.27 Bn | 17.36 Bn | 539.27 Mn | 351.86 Mn |
| 5 | Lamar Advertising | 12.72 Bn | 12.54 Bn | 422.53 Mn | 207.96 Mn |
| 6 | OUTFRONT Media | 4.93 Bn | 4.69 Bn | 276.40 Mn | 116.10 Mn |
| 7 | Array Digital Infrastructure | 2.93 Bn | 1.83 Bn | 30.57 Mn | 399.26 Mn |
| 8 | IHS Holding | 2.81 Bn | -54.39 Mn | 207.10 Mn | 82.80 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 | 89.06 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 82.80 Mn |
| Mar 31, 2026 | 111.30 Mn |
| Dec 31, 2025 | 323.80 Mn |
| Sep 30, 2025 | 159.90 Mn |
| Jun 30, 2025 | 149.20 Mn |
| Mar 31, 2025 | 165.80 Mn |
| Dec 31, 2024 | 238.30 Mn |
| Sep 30, 2024 | 125.80 Mn |
| Jun 30, 2024 | 148.20 Mn |
| Mar 31, 2024 | -7.10 Mn |
| Dec 31, 2023 | 174.26 Mn |
| Sep 30, 2023 | 13.63 Mn |
| Jun 30, 2023 | 147.59 Mn |
| Mar 31, 2023 | 195.17 Mn |
| Dec 31, 2022 | -26.75 Mn |
| Sep 30, 2022 | 133.86 Mn |
| Jun 30, 2022 | 96.52 Mn |
| Mar 31, 2022 | 108.62 Mn |
| Dec 31, 2021 | 78.63 Mn |
| Sep 30, 2021 | 55.78 Mn |
API Access
IHS Holding Operating Income 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-income&ticker=IHS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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-income&ticker=IHS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();