IHS Holding Ltd IHS
Annual
Quarterly
FY2025 · ended Dec 31, 2025 · Revenue $1.58B, +3.6% YoY · Filed Mar 16, 2026
IHS Holding Ltd (IHS) files with the SEC under industry code 4812, Radiotelephone Communications. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $1.6 billion and net income of $126.8 million. Free cash flow was $718.7 million. As of Dec 31, 2025 it held $825.7 million in cash and investments and $3.5 billion in total debt.
Revenue
$1.58B
+3.6% vs prior year
Net income
$126.80M
+107.7% vs prior year
Operating cash flow
$936.20M
+28.4% vs prior year
Free cash flow
$718.70M
+45.4% vs prior year
EPS
$0.42
+108.6% vs prior year
Dividend per share
None
Shares outstanding
335.52M
+0.6% vs prior year
Net cash
$-2.68B
FY 2025
Operating margin
51.9%
FY 2025
Company profile
- Industry
- Radiotelephone Communications (SIC 4812)
- Listed as
- IHS (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- Mauritius
- Headquarters
- London
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1876183
Other Radiotelephone Communications companies
- T-Mobile US, Inc. TMUS
- Deutsche Telekom AG DTEGY
- Chunghwa Telecom Co Ltd CHT
- Vodafone Group Public Ltd Co VOD
- Telus Corp TU
- Millicom International Cellular SA TIGO
- SK Telecom Co Ltd SKM
- VEON Ltd. VEON
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.6B | $1.5B | $1.9B | $2.0B | $1.6B |
| Operating income | $821.4M | $604.0M | $524.4M | $312.2M | $388.4M |
| Net income | $126.8M | -$1.6B | -$2.0B | -$469.0M | -$26.1M |
| Diluted EPS | $0.42 | -$4.90 | -$5.93 | -$1.39 | -$0.09 |
| Operating cash flow | $936.2M | $729.4M | $853.5M | $907.3M | $750.2M |
| Free cash flow | $718.7M | $494.2M | $388.6M | $528.8M | — |
| Total assets | $4.5B | $4.2B | $5.3B | $6.3B | $5.5B |
| Total liabilities | $4.6B | $4.6B | $5.0B | $5.0B | $3.8B |
| Stockholders' equity | -$89.8M | -$314.4M | $328.7M | $1.3B | $1.7B |
| Cash and investments | $825.7M | $578.0M | $293.8M | $514.1M | $916.5M |
| Total debt | $3.5B | $3.9B | $4.1B | $3.9B | $3.2B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Oct 8, 2026 | Oct 8, 2026 |
| 6-K | Current report (foreign issuer) | Sep 9, 2026 | Sep 9, 2026 |
| 6-K | Current report (foreign issuer) | Sep 1, 2026 | Sep 1, 2026 |
| 6-K | Current report (foreign issuer) | Aug 25, 2026 | Aug 25, 2026 |
| 6-K | Current report (foreign issuer) | Aug 11, 2026 | Jun 30, 2026 |
| 6-K | Current report (foreign issuer) | Aug 11, 2026 | Aug 11, 2026 |
All 178 IHS Holding Ltd SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.