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Side-by-side financial comparison of IHS Holding Ltd (IHS) and KFORCE INC (KFRC). Click either name above to swap in a different company.

KFORCE INC is the larger business by last-quarter revenue ($330.4M vs $254.0M, roughly 1.3× IHS Holding Ltd). On growth, KFORCE INC posted the faster year-over-year revenue change (0.1% vs 0.1%). IHS Holding Ltd produced more free cash flow last quarter ($178.6M vs $-7.4M). Over the past eight quarters, KFORCE INC's revenue compounded faster (-3.7% CAGR vs -22.0%).

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.

Kforce Inc. is a professional staffing and solutions firm headquartered in the United States. It provides skilled professional placements and specialized workforce solutions primarily across technology, finance & accounting, and healthcare segments, serving a wide range of mid-sized to large enterprise clients nationwide.

IHS vs KFRC — Head-to-Head

Bigger by revenue
KFRC
KFRC
1.3× larger
KFRC
$330.4M
$254.0M
IHS
Growing faster (revenue YoY)
KFRC
KFRC
+0.0% gap
KFRC
0.1%
0.1%
IHS
More free cash flow
IHS
IHS
$186.0M more FCF
IHS
$178.6M
$-7.4M
KFRC
Faster 2-yr revenue CAGR
KFRC
KFRC
Annualised
KFRC
-3.7%
-22.0%
IHS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
IHS
IHS
KFRC
KFRC
Revenue
$254.0M
$330.4M
Net Profit
$7.9M
Gross Margin
83.6%
27.3%
Operating Margin
3.6%
Net Margin
2.4%
Revenue YoY
0.1%
0.1%
Net Profit YoY
-2.7%
EPS (diluted)
$0.46

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
IHS
IHS
KFRC
KFRC
Q1 26
$330.4M
Q4 25
$254.0M
$332.0M
Q3 25
$455.1M
$332.6M
Q2 25
$433.3M
$334.3M
Q1 25
$439.6M
$330.0M
Q4 24
$253.8M
$343.8M
Q3 24
$420.3M
$353.3M
Q2 24
$435.4M
$356.3M
Net Profit
IHS
IHS
KFRC
KFRC
Q1 26
$7.9M
Q4 25
$5.2M
Q3 25
$147.4M
$11.1M
Q2 25
$32.3M
$10.4M
Q1 25
$30.7M
$8.1M
Q4 24
$11.1M
Q3 24
$-205.7M
$14.2M
Q2 24
$-124.3M
$14.2M
Gross Margin
IHS
IHS
KFRC
KFRC
Q1 26
27.3%
Q4 25
83.6%
27.2%
Q3 25
47.5%
27.7%
Q2 25
51.3%
27.1%
Q1 25
51.4%
26.7%
Q4 24
72.1%
27.0%
Q3 24
52.0%
27.9%
Q2 24
52.5%
27.8%
Operating Margin
IHS
IHS
KFRC
KFRC
Q1 26
3.6%
Q4 25
2.6%
Q3 25
35.1%
4.5%
Q2 25
33.8%
4.5%
Q1 25
37.1%
3.5%
Q4 24
4.5%
Q3 24
29.9%
5.3%
Q2 24
34.0%
5.5%
Net Margin
IHS
IHS
KFRC
KFRC
Q1 26
2.4%
Q4 25
1.6%
Q3 25
32.4%
3.3%
Q2 25
7.5%
3.1%
Q1 25
7.0%
2.5%
Q4 24
3.2%
Q3 24
-48.9%
4.0%
Q2 24
-28.5%
4.0%
EPS (diluted)
IHS
IHS
KFRC
KFRC
Q1 26
$0.46
Q4 25
$0.29
Q3 25
$0.44
$0.63
Q2 25
$0.10
$0.59
Q1 25
$0.10
$0.45
Q4 24
$0.60
Q3 24
$-0.61
$0.75
Q2 24
$-0.36
$0.75

Balance Sheet & Financial Strength

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

Metric
IHS
IHS
KFRC
KFRC
Cash + ST InvestmentsLiquidity on hand
$825.7M
$1.3M
Total DebtLower is stronger
$3.1B
Stockholders' EquityBook value
$-89.8M
$117.4M
Total Assets
$4.5B
$384.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IHS
IHS
KFRC
KFRC
Q1 26
$1.3M
Q4 25
$825.7M
$2.1M
Q3 25
$647.6M
$1.3M
Q2 25
$531.8M
$2.5M
Q1 25
$629.0M
$444.0K
Q4 24
$578.0M
$349.0K
Q3 24
$397.5M
$127.0K
Q2 24
$445.7M
$110.0K
Total Debt
IHS
IHS
KFRC
KFRC
Q1 26
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
Stockholders' Equity
IHS
IHS
KFRC
KFRC
Q1 26
$117.4M
Q4 25
$-89.8M
$124.6M
Q3 25
$38.1M
$132.1M
Q2 25
$-98.4M
$134.4M
Q1 25
$-184.4M
$138.0M
Q4 24
$-314.4M
$154.6M
Q3 24
$-284.7M
$167.4M
Q2 24
$-308.3M
$166.6M
Total Assets
IHS
IHS
KFRC
KFRC
Q1 26
$384.8M
Q4 25
$4.5B
$365.6M
Q3 25
$4.7B
$374.2M
Q2 25
$4.5B
$373.6M
Q1 25
$4.4B
$368.2M
Q4 24
$4.2B
$357.8M
Q3 24
$4.6B
$369.9M
Q2 24
$4.5B
$362.7M
Debt / Equity
IHS
IHS
KFRC
KFRC
Q1 26
Q4 25
Q3 25
85.85×
Q2 25
Q1 25
Q4 24
Q3 24
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
IHS
IHS
KFRC
KFRC
Operating Cash FlowLast quarter
$246.9M
Free Cash FlowOCF − Capex
$178.6M
$-7.4M
FCF MarginFCF / Revenue
70.3%
-2.2%
Capex IntensityCapex / Revenue
26.9%
1.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$718.7M
$43.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IHS
IHS
KFRC
KFRC
Q1 26
Q4 25
$246.9M
$19.7M
Q3 25
$251.3M
$23.3M
Q2 25
$237.7M
$18.4M
Q1 25
$200.3M
$249.0K
Q4 24
$344.4M
$21.8M
Q3 24
$174.5M
$31.0M
Q2 24
$134.7M
$20.9M
Free Cash Flow
IHS
IHS
KFRC
KFRC
Q1 26
$-7.4M
Q4 25
$178.6M
$16.7M
Q3 25
$189.2M
$19.8M
Q2 25
$197.7M
$14.2M
Q1 25
$153.2M
$-3.9M
Q4 24
$282.9M
$20.9M
Q3 24
$122.3M
$27.5M
Q2 24
$74.2M
$17.8M
FCF Margin
IHS
IHS
KFRC
KFRC
Q1 26
-2.2%
Q4 25
70.3%
5.0%
Q3 25
41.6%
6.0%
Q2 25
45.6%
4.3%
Q1 25
34.8%
-1.2%
Q4 24
111.5%
6.1%
Q3 24
29.1%
7.8%
Q2 24
17.0%
5.0%
Capex Intensity
IHS
IHS
KFRC
KFRC
Q1 26
1.0%
Q4 25
26.9%
0.9%
Q3 25
13.6%
1.1%
Q2 25
9.2%
1.2%
Q1 25
10.7%
1.3%
Q4 24
24.2%
0.3%
Q3 24
12.4%
1.0%
Q2 24
13.9%
0.9%
Cash Conversion
IHS
IHS
KFRC
KFRC
Q1 26
Q4 25
3.82×
Q3 25
1.70×
2.11×
Q2 25
7.36×
1.76×
Q1 25
6.52×
0.03×
Q4 24
1.97×
Q3 24
2.18×
Q2 24
1.48×

Financial Flow Comparison

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

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