IHS Earnings Reports

IHS Holding Limited delivered a strong Q3 2025 with a return to profitability, driven by increased revenue, improved operational efficiency, and a surge in finance income. Adjusted EBITDA margin remained strong despite macroeconomic pressures.

IHS Holding Limited delivered a strong Q2 2025, generating $32.3 million in net income, improving from a $124.3 million loss in the prior year. Revenue was stable, and operating income remained robust despite slight year-over-year declines. The company raised full-year 2025 guidance, reflecting continued momentum.

IHS Holding Limited posted a solid Q1 2025 with revenue reaching $439.6 million and net income turning positive at $30.7 million. Adjusted EBITDA jumped 36.4%, while cash from operations more than doubled year-over-year.

In Q4 2024, IHS Holding generated $437.8 million in revenue, down 14.1% year-over-year due to currency headwinds, but increased 4.2% quarter-over-quarter. The company reported a net income of $243.1 million, reversing last year’s loss, driven by unrealized foreign exchange gains and a gain from the Kuwait subsidiary disposal. Adjusted EBITDA reached $246.4 million with a margin of 56.3%.