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

IHS Holding Ltd is the larger business by last-quarter revenue ($254.0M vs $205.4M, roughly 1.2× SunOpta Inc.). On growth, SunOpta Inc. posted the faster year-over-year revenue change (16.6% vs 0.1%). IHS Holding Ltd produced more free cash flow last quarter ($178.6M vs $12.1M). Over the past eight quarters, SunOpta Inc.'s revenue compounded faster (7.4% 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.

SunOpta, Inc. is a multi-national food and mineral company headquartered in Eden Prairie, Minnesota and founded in 1973 in Canada.

IHS vs STKL — Head-to-Head

Bigger by revenue
IHS
IHS
1.2× larger
IHS
$254.0M
$205.4M
STKL
Growing faster (revenue YoY)
STKL
STKL
+16.5% gap
STKL
16.6%
0.1%
IHS
More free cash flow
IHS
IHS
$166.5M more FCF
IHS
$178.6M
$12.1M
STKL
Faster 2-yr revenue CAGR
STKL
STKL
Annualised
STKL
7.4%
-22.0%
IHS

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
IHS
IHS
STKL
STKL
Revenue
$254.0M
$205.4M
Net Profit
$816.0K
Gross Margin
83.6%
12.4%
Operating Margin
3.3%
Net Margin
0.4%
Revenue YoY
0.1%
16.6%
Net Profit YoY
113.1%
EPS (diluted)
$0.01

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
STKL
STKL
Q4 25
$254.0M
Q3 25
$455.1M
$205.4M
Q2 25
$433.3M
$191.5M
Q1 25
$439.6M
$201.6M
Q4 24
$253.8M
$193.9M
Q3 24
$420.3M
$175.9M
Q2 24
$435.4M
$169.5M
Q1 24
$417.7M
$184.4M
Net Profit
IHS
IHS
STKL
STKL
Q4 25
Q3 25
$147.4M
$816.0K
Q2 25
$32.3M
$4.4M
Q1 25
$30.7M
$4.8M
Q4 24
$-8.7M
Q3 24
$-205.7M
$-6.2M
Q2 24
$-124.3M
$-5.3M
Q1 24
$-1.6B
$2.9M
Gross Margin
IHS
IHS
STKL
STKL
Q4 25
83.6%
Q3 25
47.5%
12.4%
Q2 25
51.3%
14.8%
Q1 25
51.4%
15.0%
Q4 24
72.1%
10.9%
Q3 24
52.0%
13.0%
Q2 24
52.5%
12.5%
Q1 24
39.1%
16.8%
Operating Margin
IHS
IHS
STKL
STKL
Q4 25
Q3 25
35.1%
3.3%
Q2 25
33.8%
5.5%
Q1 25
37.1%
5.2%
Q4 24
1.4%
Q3 24
29.9%
0.5%
Q2 24
34.0%
1.2%
Q1 24
-1.7%
5.5%
Net Margin
IHS
IHS
STKL
STKL
Q4 25
Q3 25
32.4%
0.4%
Q2 25
7.5%
2.3%
Q1 25
7.0%
2.4%
Q4 24
-4.5%
Q3 24
-48.9%
-3.5%
Q2 24
-28.5%
-3.1%
Q1 24
-372.8%
1.6%
EPS (diluted)
IHS
IHS
STKL
STKL
Q4 25
Q3 25
$0.44
$0.01
Q2 25
$0.10
$0.03
Q1 25
$0.10
$0.04
Q4 24
$-0.08
Q3 24
$-0.61
$-0.05
Q2 24
$-0.36
$-0.04
Q1 24
$-4.67
$0.02

Balance Sheet & Financial Strength

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

Metric
IHS
IHS
STKL
STKL
Cash + ST InvestmentsLiquidity on hand
$825.7M
$2.2M
Total DebtLower is stronger
$3.1B
$250.8M
Stockholders' EquityBook value
$-89.8M
$162.8M
Total Assets
$4.5B
$694.1M
Debt / EquityLower = less leverage
1.54×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IHS
IHS
STKL
STKL
Q4 25
$825.7M
Q3 25
$647.6M
$2.2M
Q2 25
$531.8M
$2.2M
Q1 25
$629.0M
$2.3M
Q4 24
$578.0M
$1.6M
Q3 24
$397.5M
$2.9M
Q2 24
$445.7M
$3.2M
Q1 24
$333.2M
$1.5M
Total Debt
IHS
IHS
STKL
STKL
Q4 25
$3.1B
Q3 25
$3.3B
$250.8M
Q2 25
$3.2B
$263.3M
Q1 25
$3.4B
$260.6M
Q4 24
$3.3B
$265.2M
Q3 24
$3.5B
$289.9M
Q2 24
$3.6B
$303.1M
Q1 24
$3.5B
$258.8M
Stockholders' Equity
IHS
IHS
STKL
STKL
Q4 25
$-89.8M
Q3 25
$38.1M
$162.8M
Q2 25
$-98.4M
$159.8M
Q1 25
$-184.4M
$154.8M
Q4 24
$-314.4M
$148.6M
Q3 24
$-284.7M
$155.0M
Q2 24
$-308.3M
$158.8M
Q1 24
$-163.2M
$163.6M
Total Assets
IHS
IHS
STKL
STKL
Q4 25
$4.5B
Q3 25
$4.7B
$694.1M
Q2 25
$4.5B
$704.9M
Q1 25
$4.4B
$690.7M
Q4 24
$4.2B
$668.5M
Q3 24
$4.6B
$699.3M
Q2 24
$4.5B
$704.7M
Q1 24
$4.6B
$671.8M
Debt / Equity
IHS
IHS
STKL
STKL
Q4 25
Q3 25
85.85×
1.54×
Q2 25
1.65×
Q1 25
1.68×
Q4 24
1.78×
Q3 24
1.87×
Q2 24
1.91×
Q1 24
1.58×

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
STKL
STKL
Operating Cash FlowLast quarter
$246.9M
$16.3M
Free Cash FlowOCF − Capex
$178.6M
$12.1M
FCF MarginFCF / Revenue
70.3%
5.9%
Capex IntensityCapex / Revenue
26.9%
2.1%
Cash ConversionOCF / Net Profit
20.03×
TTM Free Cash FlowTrailing 4 quarters
$718.7M
$36.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IHS
IHS
STKL
STKL
Q4 25
$246.9M
Q3 25
$251.3M
$16.3M
Q2 25
$237.7M
$-4.5M
Q1 25
$200.3M
$22.3M
Q4 24
$344.4M
$33.1M
Q3 24
$174.5M
$17.2M
Q2 24
$134.7M
$-5.6M
Q1 24
$75.8M
$5.3M
Free Cash Flow
IHS
IHS
STKL
STKL
Q4 25
$178.6M
Q3 25
$189.2M
$12.1M
Q2 25
$197.7M
$-9.2M
Q1 25
$153.2M
$9.5M
Q4 24
$282.9M
$24.0M
Q3 24
$122.3M
$11.7M
Q2 24
$74.2M
$-15.3M
Q1 24
$14.8M
$-2.3M
FCF Margin
IHS
IHS
STKL
STKL
Q4 25
70.3%
Q3 25
41.6%
5.9%
Q2 25
45.6%
-4.8%
Q1 25
34.8%
4.7%
Q4 24
111.5%
12.4%
Q3 24
29.1%
6.6%
Q2 24
17.0%
-9.0%
Q1 24
3.5%
-1.2%
Capex Intensity
IHS
IHS
STKL
STKL
Q4 25
26.9%
Q3 25
13.6%
2.1%
Q2 25
9.2%
2.5%
Q1 25
10.7%
6.3%
Q4 24
24.2%
4.7%
Q3 24
12.4%
3.2%
Q2 24
13.9%
5.7%
Q1 24
14.6%
4.1%
Cash Conversion
IHS
IHS
STKL
STKL
Q4 25
Q3 25
1.70×
20.03×
Q2 25
7.36×
-1.03×
Q1 25
6.52×
4.63×
Q4 24
Q3 24
Q2 24
Q1 24
1.83×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IHS
IHS

Segment breakdown not available.

STKL
STKL

Beverages And Broths$161.4M79%
Fruit Snacks$40.9M20%
Ingredients$3.1M2%

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