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Side-by-side financial comparison of Core AI Holdings, Inc. (CHAI) and IHS Holding Ltd (IHS). Click either name above to swap in a different company.

IHS Holding Ltd is the larger business by last-quarter revenue ($254.0M vs $3.7M, roughly 68.9× Core AI Holdings, Inc.).

Inflection AI, Inc. is an American technology company which has developed machine learning and generative artificial intelligence hardware and apps, founded in 2022. The company is structured as a public benefit corporation and is headquartered in Palo Alto, California.

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.

CHAI vs IHS — Head-to-Head

Bigger by revenue
IHS
IHS
68.9× larger
IHS
$254.0M
$3.7M
CHAI

Income Statement — Q3 2025 vs Q4 2025

Metric
CHAI
CHAI
IHS
IHS
Revenue
$3.7M
$254.0M
Net Profit
$-5.4M
Gross Margin
20.1%
83.6%
Operating Margin
-135.2%
Net Margin
-145.7%
Revenue YoY
0.1%
Net Profit YoY
EPS (diluted)
$-1.74

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CHAI
CHAI
IHS
IHS
Q4 25
$254.0M
Q3 25
$3.7M
$455.1M
Q2 25
$433.3M
Q1 25
$439.6M
Q4 24
$253.8M
Q3 24
$420.3M
Q2 24
$435.4M
Q1 24
$417.7M
Net Profit
CHAI
CHAI
IHS
IHS
Q4 25
Q3 25
$-5.4M
$147.4M
Q2 25
$32.3M
Q1 25
$30.7M
Q4 24
Q3 24
$-205.7M
Q2 24
$-124.3M
Q1 24
$-1.6B
Gross Margin
CHAI
CHAI
IHS
IHS
Q4 25
83.6%
Q3 25
20.1%
47.5%
Q2 25
51.3%
Q1 25
51.4%
Q4 24
72.1%
Q3 24
52.0%
Q2 24
52.5%
Q1 24
39.1%
Operating Margin
CHAI
CHAI
IHS
IHS
Q4 25
Q3 25
-135.2%
35.1%
Q2 25
33.8%
Q1 25
37.1%
Q4 24
Q3 24
29.9%
Q2 24
34.0%
Q1 24
-1.7%
Net Margin
CHAI
CHAI
IHS
IHS
Q4 25
Q3 25
-145.7%
32.4%
Q2 25
7.5%
Q1 25
7.0%
Q4 24
Q3 24
-48.9%
Q2 24
-28.5%
Q1 24
-372.8%
EPS (diluted)
CHAI
CHAI
IHS
IHS
Q4 25
Q3 25
$-1.74
$0.44
Q2 25
$0.10
Q1 25
$0.10
Q4 24
Q3 24
$-0.61
Q2 24
$-0.36
Q1 24
$-4.67

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CHAI
CHAI
IHS
IHS
Cash + ST InvestmentsLiquidity on hand
$3.5M
$825.7M
Total DebtLower is stronger
$3.1B
Stockholders' EquityBook value
$15.4M
$-89.8M
Total Assets
$20.2M
$4.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CHAI
CHAI
IHS
IHS
Q4 25
$825.7M
Q3 25
$3.5M
$647.6M
Q2 25
$531.8M
Q1 25
$629.0M
Q4 24
$578.0M
Q3 24
$397.5M
Q2 24
$445.7M
Q1 24
$333.2M
Total Debt
CHAI
CHAI
IHS
IHS
Q4 25
$3.1B
Q3 25
$3.3B
Q2 25
$3.2B
Q1 25
$3.4B
Q4 24
$3.3B
Q3 24
$3.5B
Q2 24
$3.6B
Q1 24
$3.5B
Stockholders' Equity
CHAI
CHAI
IHS
IHS
Q4 25
$-89.8M
Q3 25
$15.4M
$38.1M
Q2 25
$-98.4M
Q1 25
$-184.4M
Q4 24
$-314.4M
Q3 24
$-284.7M
Q2 24
$-308.3M
Q1 24
$-163.2M
Total Assets
CHAI
CHAI
IHS
IHS
Q4 25
$4.5B
Q3 25
$20.2M
$4.7B
Q2 25
$4.5B
Q1 25
$4.4B
Q4 24
$4.2B
Q3 24
$4.6B
Q2 24
$4.5B
Q1 24
$4.6B
Debt / Equity
CHAI
CHAI
IHS
IHS
Q4 25
Q3 25
85.85×
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CHAI
CHAI
IHS
IHS
Operating Cash FlowLast quarter
$246.9M
Free Cash FlowOCF − Capex
$178.6M
FCF MarginFCF / Revenue
70.3%
Capex IntensityCapex / Revenue
26.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$718.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CHAI
CHAI
IHS
IHS
Q4 25
$246.9M
Q3 25
$251.3M
Q2 25
$237.7M
Q1 25
$200.3M
Q4 24
$344.4M
Q3 24
$174.5M
Q2 24
$134.7M
Q1 24
$75.8M
Free Cash Flow
CHAI
CHAI
IHS
IHS
Q4 25
$178.6M
Q3 25
$189.2M
Q2 25
$197.7M
Q1 25
$153.2M
Q4 24
$282.9M
Q3 24
$122.3M
Q2 24
$74.2M
Q1 24
$14.8M
FCF Margin
CHAI
CHAI
IHS
IHS
Q4 25
70.3%
Q3 25
41.6%
Q2 25
45.6%
Q1 25
34.8%
Q4 24
111.5%
Q3 24
29.1%
Q2 24
17.0%
Q1 24
3.5%
Capex Intensity
CHAI
CHAI
IHS
IHS
Q4 25
26.9%
Q3 25
13.6%
Q2 25
9.2%
Q1 25
10.7%
Q4 24
24.2%
Q3 24
12.4%
Q2 24
13.9%
Q1 24
14.6%
Cash Conversion
CHAI
CHAI
IHS
IHS
Q4 25
Q3 25
1.70×
Q2 25
7.36×
Q1 25
6.52×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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