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Side-by-side financial comparison of Six Flags Entertainment Corporation (FUN) 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 $225.6M, roughly 1.1× Six Flags Entertainment Corporation). On growth, Six Flags Entertainment Corporation posted the faster year-over-year revenue change (11.7% vs 0.1%).

Six Flags, officially Six Flags Entertainment Corporation, is an American amusement park company headquartered in Charlotte, North Carolina, United States. The company has 42 locations in its portfolio, including 27 amusement parks and 15 water parks, with nine on-site resort properties. Formed on July 1, 2024, following a merger of equals between longtime competitors Cedar Fair and the former Six Flags company, it is the largest regional amusement park operator in the world. Upon completion ...

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.

FUN vs IHS — Head-to-Head

Bigger by revenue
IHS
IHS
1.1× larger
IHS
$254.0M
$225.6M
FUN
Growing faster (revenue YoY)
FUN
FUN
+11.6% gap
FUN
11.7%
0.1%
IHS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FUN
FUN
IHS
IHS
Revenue
$225.6M
$254.0M
Net Profit
$-268.6M
Gross Margin
83.6%
Operating Margin
Net Margin
-119.0%
Revenue YoY
11.7%
0.1%
Net Profit YoY
-22.2%
EPS (diluted)

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
FUN
FUN
IHS
IHS
Q1 26
$225.6M
Q4 25
$650.1M
$254.0M
Q3 25
$1.3B
$455.1M
Q2 25
$930.4M
$433.3M
Q1 25
$202.1M
$439.6M
Q4 24
$253.8M
Q3 24
$1.3B
$420.3M
Q2 24
$571.6M
$435.4M
Net Profit
FUN
FUN
IHS
IHS
Q1 26
$-268.6M
Q4 25
$-92.4M
Q3 25
$-1.2B
$147.4M
Q2 25
$-99.6M
$32.3M
Q1 25
$-219.7M
$30.7M
Q4 24
Q3 24
$111.0M
$-205.7M
Q2 24
$55.6M
$-124.3M
Gross Margin
FUN
FUN
IHS
IHS
Q1 26
Q4 25
91.4%
83.6%
Q3 25
91.6%
47.5%
Q2 25
91.3%
51.3%
Q1 25
89.3%
51.4%
Q4 24
72.1%
Q3 24
91.9%
52.0%
Q2 24
90.7%
52.5%
Operating Margin
FUN
FUN
IHS
IHS
Q1 26
Q4 25
-3.8%
Q3 25
-83.7%
35.1%
Q2 25
8.0%
33.8%
Q1 25
-158.9%
37.1%
Q4 24
Q3 24
19.5%
29.9%
Q2 24
21.6%
34.0%
Net Margin
FUN
FUN
IHS
IHS
Q1 26
-119.0%
Q4 25
-14.2%
Q3 25
-90.1%
32.4%
Q2 25
-10.7%
7.5%
Q1 25
-108.7%
7.0%
Q4 24
Q3 24
8.2%
-48.9%
Q2 24
9.7%
-28.5%
EPS (diluted)
FUN
FUN
IHS
IHS
Q1 26
Q4 25
$-0.93
Q3 25
$-11.77
$0.44
Q2 25
$-0.99
$0.10
Q1 25
$-2.20
$0.10
Q4 24
Q3 24
$1.10
$-0.61
Q2 24
$-0.36

Balance Sheet & Financial Strength

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

Metric
FUN
FUN
IHS
IHS
Cash + ST InvestmentsLiquidity on hand
$116.5M
$825.7M
Total DebtLower is stronger
$3.1B
Stockholders' EquityBook value
$279.2M
$-89.8M
Total Assets
$7.7B
$4.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FUN
FUN
IHS
IHS
Q1 26
$116.5M
Q4 25
$91.1M
$825.7M
Q3 25
$70.7M
$647.6M
Q2 25
$107.4M
$531.8M
Q1 25
$61.5M
$629.0M
Q4 24
$578.0M
Q3 24
$89.7M
$397.5M
Q2 24
$52.9M
$445.7M
Total Debt
FUN
FUN
IHS
IHS
Q1 26
Q4 25
$5.2B
$3.1B
Q3 25
$5.0B
$3.3B
Q2 25
$5.3B
$3.2B
Q1 25
$5.0B
$3.4B
Q4 24
$3.3B
Q3 24
$4.6B
$3.5B
Q2 24
$2.3B
$3.6B
Stockholders' Equity
FUN
FUN
IHS
IHS
Q1 26
$279.2M
Q4 25
$549.8M
$-89.8M
Q3 25
$614.3M
$38.1M
Q2 25
$1.8B
$-98.4M
Q1 25
$1.8B
$-184.4M
Q4 24
$-314.4M
Q3 24
$2.3B
$-284.7M
Q2 24
$-308.3M
Total Assets
FUN
FUN
IHS
IHS
Q1 26
$7.7B
Q4 25
$7.8B
$4.5B
Q3 25
$7.9B
$4.7B
Q2 25
$9.5B
$4.5B
Q1 25
$9.2B
$4.4B
Q4 24
$4.2B
Q3 24
$9.4B
$4.6B
Q2 24
$2.3B
$4.5B
Debt / Equity
FUN
FUN
IHS
IHS
Q1 26
Q4 25
9.40×
Q3 25
8.16×
85.85×
Q2 25
2.97×
Q1 25
2.75×
Q4 24
Q3 24
1.95×
Q2 24

Cash Flow & Capital Efficiency

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

Metric
FUN
FUN
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
FUN
FUN
IHS
IHS
Q1 26
Q4 25
$-37.7M
$246.9M
Q3 25
$356.2M
$251.3M
Q2 25
$187.0M
$237.7M
Q1 25
$-178.0M
$200.3M
Q4 24
$344.4M
Q3 24
$337.4M
$174.5M
Q2 24
$134.7M
Free Cash Flow
FUN
FUN
IHS
IHS
Q1 26
Q4 25
$-109.3M
$178.6M
Q3 25
$256.2M
$189.2M
Q2 25
$18.8M
$197.7M
Q1 25
$-318.0M
$153.2M
Q4 24
$282.9M
Q3 24
$227.7M
$122.3M
Q2 24
$74.2M
FCF Margin
FUN
FUN
IHS
IHS
Q1 26
Q4 25
-16.8%
70.3%
Q3 25
19.4%
41.6%
Q2 25
2.0%
45.6%
Q1 25
-157.4%
34.8%
Q4 24
111.5%
Q3 24
16.9%
29.1%
Q2 24
17.0%
Capex Intensity
FUN
FUN
IHS
IHS
Q1 26
Q4 25
11.0%
26.9%
Q3 25
7.6%
13.6%
Q2 25
18.1%
9.2%
Q1 25
69.3%
10.7%
Q4 24
24.2%
Q3 24
8.1%
12.4%
Q2 24
13.9%
Cash Conversion
FUN
FUN
IHS
IHS
Q1 26
Q4 25
Q3 25
1.70×
Q2 25
7.36×
Q1 25
6.52×
Q4 24
Q3 24
3.04×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

FUN
FUN

In-park admissions revenues$113.4M50%
In-park product revenues$89.0M39%
Out-of-park revenues$28.8M13%

IHS
IHS

Segment breakdown not available.

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