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Side-by-side financial comparison of IHS Holding Ltd (IHS) and TripAdvisor, Inc. (TRIP). Click either name above to swap in a different company.
TripAdvisor, Inc. is the larger business by last-quarter revenue ($411.0M vs $254.0M, roughly 1.6× IHS Holding Ltd). On growth, IHS Holding Ltd posted the faster year-over-year revenue change (0.1% vs 0.0%). IHS Holding Ltd produced more free cash flow last quarter ($178.6M vs $-122.0M). Over the past eight quarters, TripAdvisor, Inc.'s revenue compounded faster (2.0% 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.
Tripadvisor is an American company that operates online travel agencies, comparison shopping websites, and mobile apps with user-generated content.
IHS vs TRIP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $254.0M | $411.0M |
| Net Profit | — | $-38.0M |
| Gross Margin | 83.6% | 91.5% |
| Operating Margin | — | -8.3% |
| Net Margin | — | -9.2% |
| Revenue YoY | 0.1% | 0.0% |
| Net Profit YoY | — | -3900.0% |
| EPS (diluted) | — | $-0.32 |
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.
| Q4 25 | $254.0M | $411.0M | ||
| Q3 25 | $455.1M | $553.0M | ||
| Q2 25 | $433.3M | $529.0M | ||
| Q1 25 | $439.6M | $398.0M | ||
| Q4 24 | $253.8M | $411.0M | ||
| Q3 24 | $420.3M | $532.0M | ||
| Q2 24 | $435.4M | $497.0M | ||
| Q1 24 | $417.7M | $395.0M |
| Q4 25 | — | $-38.0M | ||
| Q3 25 | $147.4M | $53.0M | ||
| Q2 25 | $32.3M | $36.0M | ||
| Q1 25 | $30.7M | $-11.0M | ||
| Q4 24 | — | $1.0M | ||
| Q3 24 | $-205.7M | $39.0M | ||
| Q2 24 | $-124.3M | $24.0M | ||
| Q1 24 | $-1.6B | $-59.0M |
| Q4 25 | 83.6% | 91.5% | ||
| Q3 25 | 47.5% | 92.6% | ||
| Q2 25 | 51.3% | 92.1% | ||
| Q1 25 | 51.4% | 93.2% | ||
| Q4 24 | 72.1% | 93.4% | ||
| Q3 24 | 52.0% | 92.5% | ||
| Q2 24 | 52.5% | 92.8% | ||
| Q1 24 | 39.1% | 93.7% |
| Q4 25 | — | -8.3% | ||
| Q3 25 | 35.1% | 12.7% | ||
| Q2 25 | 33.8% | 11.2% | ||
| Q1 25 | 37.1% | -3.8% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | 29.9% | 13.2% | ||
| Q2 24 | 34.0% | 7.2% | ||
| Q1 24 | -1.7% | -3.8% |
| Q4 25 | — | -9.2% | ||
| Q3 25 | 32.4% | 9.6% | ||
| Q2 25 | 7.5% | 6.8% | ||
| Q1 25 | 7.0% | -2.8% | ||
| Q4 24 | — | 0.2% | ||
| Q3 24 | -48.9% | 7.3% | ||
| Q2 24 | -28.5% | 4.8% | ||
| Q1 24 | -372.8% | -14.9% |
| Q4 25 | — | $-0.32 | ||
| Q3 25 | $0.44 | $0.43 | ||
| Q2 25 | $0.10 | $0.28 | ||
| Q1 25 | $0.10 | $-0.08 | ||
| Q4 24 | — | $0.03 | ||
| Q3 24 | $-0.61 | $0.27 | ||
| Q2 24 | $-0.36 | $0.17 | ||
| Q1 24 | $-4.67 | $-0.43 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $825.7M | $1.0B |
| Total DebtLower is stronger | $3.1B | $819.0M |
| Stockholders' EquityBook value | $-89.8M | $645.0M |
| Total Assets | $4.5B | $2.6B |
| Debt / EquityLower = less leverage | — | 1.27× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $825.7M | $1.0B | ||
| Q3 25 | $647.6M | $1.2B | ||
| Q2 25 | $531.8M | $1.2B | ||
| Q1 25 | $629.0M | $1.2B | ||
| Q4 24 | $578.0M | $1.1B | ||
| Q3 24 | $397.5M | $1.1B | ||
| Q2 24 | $445.7M | $1.2B | ||
| Q1 24 | $333.2M | $1.2B |
| Q4 25 | $3.1B | $819.0M | ||
| Q3 25 | $3.3B | $821.0M | ||
| Q2 25 | $3.2B | $822.0M | ||
| Q1 25 | $3.4B | $1.2B | ||
| Q4 24 | $3.3B | $831.0M | ||
| Q3 24 | $3.5B | $832.0M | ||
| Q2 24 | $3.6B | — | ||
| Q1 24 | $3.5B | — |
| Q4 25 | $-89.8M | $645.0M | ||
| Q3 25 | $38.1M | $707.0M | ||
| Q2 25 | $-98.4M | $627.0M | ||
| Q1 25 | $-184.4M | $643.0M | ||
| Q4 24 | $-314.4M | $943.0M | ||
| Q3 24 | $-284.7M | $944.0M | ||
| Q2 24 | $-308.3M | $857.0M | ||
| Q1 24 | $-163.2M | $825.0M |
| Q4 25 | $4.5B | $2.6B | ||
| Q3 25 | $4.7B | $2.8B | ||
| Q2 25 | $4.5B | $2.9B | ||
| Q1 25 | $4.4B | $2.8B | ||
| Q4 24 | $4.2B | $2.6B | ||
| Q3 24 | $4.6B | $2.7B | ||
| Q2 24 | $4.5B | $2.8B | ||
| Q1 24 | $4.6B | $2.7B |
| Q4 25 | — | 1.27× | ||
| Q3 25 | 85.85× | 1.16× | ||
| Q2 25 | — | 1.31× | ||
| Q1 25 | — | 1.81× | ||
| Q4 24 | — | 0.88× | ||
| Q3 24 | — | 0.88× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $246.9M | $-103.0M |
| Free Cash FlowOCF − Capex | $178.6M | $-122.0M |
| FCF MarginFCF / Revenue | 70.3% | -29.7% |
| Capex IntensityCapex / Revenue | 26.9% | 4.6% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $718.7M | $163.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $246.9M | $-103.0M | ||
| Q3 25 | $251.3M | $44.0M | ||
| Q2 25 | $237.7M | $202.0M | ||
| Q1 25 | $200.3M | $102.0M | ||
| Q4 24 | $344.4M | $-3.0M | ||
| Q3 24 | $174.5M | $-43.0M | ||
| Q2 24 | $134.7M | $51.0M | ||
| Q1 24 | $75.8M | $139.0M |
| Q4 25 | $178.6M | $-122.0M | ||
| Q3 25 | $189.2M | $25.0M | ||
| Q2 25 | $197.7M | $177.0M | ||
| Q1 25 | $153.2M | $83.0M | ||
| Q4 24 | $282.9M | $-26.0M | ||
| Q3 24 | $122.3M | $-63.0M | ||
| Q2 24 | $74.2M | $36.0M | ||
| Q1 24 | $14.8M | $123.0M |
| Q4 25 | 70.3% | -29.7% | ||
| Q3 25 | 41.6% | 4.5% | ||
| Q2 25 | 45.6% | 33.5% | ||
| Q1 25 | 34.8% | 20.9% | ||
| Q4 24 | 111.5% | -6.3% | ||
| Q3 24 | 29.1% | -11.8% | ||
| Q2 24 | 17.0% | 7.2% | ||
| Q1 24 | 3.5% | 31.1% |
| Q4 25 | 26.9% | 4.6% | ||
| Q3 25 | 13.6% | 3.4% | ||
| Q2 25 | 9.2% | 4.7% | ||
| Q1 25 | 10.7% | 4.8% | ||
| Q4 24 | 24.2% | 5.6% | ||
| Q3 24 | 12.4% | 3.8% | ||
| Q2 24 | 13.9% | 3.0% | ||
| Q1 24 | 14.6% | 4.1% |
| Q4 25 | — | — | ||
| Q3 25 | 1.70× | 0.83× | ||
| Q2 25 | 7.36× | 5.61× | ||
| Q1 25 | 6.52× | — | ||
| Q4 24 | — | -3.00× | ||
| Q3 24 | — | -1.10× | ||
| Q2 24 | — | 2.13× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
IHS
Segment breakdown not available.
TRIP
| Third Party | $327.0M | 80% |
| The Fork | $58.0M | 14% |
| Other | $26.0M | 6% |
