IHS Holding LtdIHSEarnings & Financial Report
NYSE · telecommunications
IHS Towers is one of the largest independent owners, operators and developers of shared communications infrastructure in the world, with operations across Africa and Latin America. It is the fifth-largest independent multinational tower company in the world.
NextMar 13, 2026
IHS Q3 2025 Key Financial Metrics
Revenue
$455.1M
Gross Profit
$216.1M
Operating Profit
$159.9M
Net Profit
$147.4M
Gross Margin
47.5%
Operating Margin
35.1%
Net Margin
32.4%
YoY Growth
8.3%
EPS
$0.44
Financial Flow
IHS Holding Ltd Q3 2025 Financial Summary
IHS Holding Ltd reported revenue of $455.1M for Q3 2025, with a net profit of $147.4M (32.4% margin). Cost of goods sold was $239.0M, operating expenses totaled $56.2M.
Key Financial Metrics
| Total Revenue | $455.1M |
|---|---|
| Net Profit | $147.4M |
| Gross Margin | 47.5% |
| Operating Margin | 35.1% |
| Report Period | Q3 2025 |
Income Statement
| Q2 2023 | Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $546.2M | $467.0M | $417.7M | $435.4M | $420.3M | $439.6M | $433.3M | $455.1M |
| YoY Growth | N/A | -10.4% | -30.7% | -20.3% | -10.0% | 5.2% | -0.5% | 8.3% |
Balance Sheet
| Q2 2023 | Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $5.68B | $5.54B | $4.61B | $4.54B | $4.57B | $4.42B | $4.49B | $4.68B |
| Liabilities | $4.93B | $5.06B | $4.77B | $4.83B | $4.84B | $4.60B | $4.59B | $4.65B |
| Equity | $750.7M | $484.8M | $-163.1M | $-289.6M | $-266.0M | $-184.4M | $-98.4M | $38.1M |
Cash Flow
| Q2 2023 | Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $243.6M | $224.8M | $75.8M | $134.7M | $174.5M | $200.3M | $237.7M | $251.3M |
