FY2025 · period end Dec '25 · from the 10-K filed Mar 16, 2026
| Metric | FY25Dec '25 | FY24Dec '24 | FY23Dec '23 | FY22Dec '22 | FY21Dec '21 |
|---|---|---|---|---|---|
| Revenue | $1.58B | $1.53B | $1.93B | $1.96B | $1.58B |
| Gross Profit | $0.88B | $0.79B | $0.89B | $0.80B | $0.67B |
| Operating Income | $0.82B | $0.60B | $0.52B | $0.31B | $0.39B |
| Net Income | — | — | — | — | — |
| EPS (Diluted) | $0.42 | negative: -$4.90 | negative: -$5.93 | negative: -$1.39 | negative: -$0.09 |
| Metric | FY25Dec '25 | FY24Dec '24 | FY23Dec '23 | FY22Dec '22 | FY21Dec '21 |
|---|---|---|---|---|---|
| Total Assets | $4.49B | $4.25B | $5.33B | $6.32B | $5.54B |
| Total Liabilities | $4.58B | $4.56B | $5.01B | $4.96B | $3.80B |
| Stockholders' Equity | negative: -$0.09B | negative: -$0.31B | $0.33B | $1.34B | $1.74B |
| Cash & Equivalents | $0.83B | $0.58B | $0.29B | $0.51B | $0.92B |
| Total Debt | — | — | — | — | — |
| Metric | FY25Dec '25 | FY24Dec '24 | FY23Dec '23 | FY22Dec '22 | FY21Dec '21 |
|---|---|---|---|---|---|
| Operating Cash Flow | $0.94B | $0.73B | $0.85B | $0.91B | $0.75B |
| Capital Expenditures | $0.22B | $0.24B | $0.46B | $0.38B | $0.24B |
| Free Cash Flow | $0.72B | $0.49B | $0.39B | $0.53B | $0.51B |
| Metric | FY25Dec '25 | FY24Dec '24 | FY23Dec '23 | FY22Dec '22 | FY21Dec '21 |
|---|---|---|---|---|---|
| Gross Margin | 55.4% | 52.0% | 46.2% | 41.0% | 42.6% |
| Operating Margin | 0.5% | 0.4% | 0.3% | 0.2% | 0.2% |
| Net Margin | 0.6% | 1.6% | 1.4% | 0.6% | 0.4% |
| Return on Equity | — | — | 322.0% | 82.1% | 45.0% |
| Return on Assets | 21.1% | 49.6% | 46.1% | 21.4% | 13.4% |
| Debt / Equity | — | — | 9.30× | 2.17× | 1.50× |
Showing the most recent 5 annual periods. Get 15 years of history on the Pro plan, or unlimited history back to 1993 plus the smart-money dataset and webhooks on Institutional.
| Form | Accession ID | Report Date | Filing Date | Accepted At | Source |
|---|---|---|---|---|---|
| 20-F | 0001104659-26-028162 | Dec 31, 2025 | Mar 16, 2026 | Mar 16, 2026 13:42 UTC | EDGAR |
| 20-F | 0001558370-25-003172 | Dec 31, 2024 | Mar 18, 2025 | Mar 18, 2025 11:20 UTC | EDGAR |
| 20-F | 0001558370-24-002949 | Dec 31, 2023 | Mar 12, 2024 | Mar 12, 2024 10:43 UTC | EDGAR |
| 20-F | 0001558370-23-004762 | Dec 31, 2022 | Mar 28, 2023 | Mar 28, 2023 10:20 UTC | EDGAR |
| 20-F | 0001558370-22-003612 | Dec 31, 2021 | Mar 15, 2022 | Mar 15, 2022 11:12 UTC | EDGAR |
Direct links to SEC EDGAR. IHS has additional filings available on the SEC site.
6 numbers IHS Holding Ltd later changed — same XBRL tag, both filings linked.
OperatingIncome·Q3 2023
Major restatementwas$7.5M
Revised up.
NetIncomeToCommon·Q3 2022
Major restatementwas-$46.5M
Revised up.
OperatingIncome·FY 2024
Major restatementwas$479.1M
Revised up in a 20-F.
PretaxIncome·FY 2024
Major restatementwas-$1.6B
Revised up in a 20-F.
OperatingIncome·Q2 2023
Major restatementwas$166.6M
Revised down.
TotalRevenue·FY 2024
Major restatementwas$1.7B
Revised down in a 20-F. Any P/S built on the original was 12.0% too low.
IHS is not the only one.
See every restatement we've found across the market — or get an alert the next time IHS revises a number.
Restatements are detected by comparing every vintage of a fact across all of IHS Holding Ltd's filings back to 1993. A revision is not by itself a sign of wrongdoing — companies re-file for many legitimate reasons. This list is not exhaustive: it shows IHS's most significant revisions, and a figure absent from it has not been certified as unrevised.
Who is buying and selling IHS Holding Ltd — insider transactions from Forms 3/4/5/144 and institutional ownership from 13F, 13D, and 13G filings, point-in-time stamped like every other fact in the library. Traders read it as a positioning signal; risk desks read it as concentration.
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