NYSE$IHS
IHS Holding · Q2 2026 earnings
Q2 2026 earnings · · Before market open · Investor relations
Briefing
IHS Holding reported Q2 2026 results with revenue growth from continuing operations but a net loss.
IHS Holding Limited announced its second quarter 2026 earnings on August 11, 2026. Revenue from continuing operations increased 10.4% year-over-year to $429 million, supported by FX gains, organic growth, and colocation. Adjusted EBITDA was $245 million, down 1.3% YoY, while ALFCF rose to $57.1 million. The company reported a net loss of approximately $8.8 million or $0.03 per share.
- Revenue from continuing operations reached $429M, up 10.4% YoY.
- Adjusted EBITDA declined slightly to $245M amid higher power costs and disposals.
- ALFCF improved 5.9% to $57.1M with better cash discipline.
- Net loss of $8.8M compared to prior year profit; MTN acquisition on track.
Headline financials
Revenue & EPS history
IHS · Revenue · Quarterly
$429M
Revenue by segment
IHS · $467M total across 3 segments · Q1 2026
- Nigeria$285M—61.0%
- Sub-Saharan Africa (ex-Nigeria)$130M—27.9%
- Latin America (discontinued operations)$51.8M—11.1%
Forward guidance
Focus on financial discipline, deleveraging, and MTN acquisition closing in 2026.
Tailwinds
- Strong liquidity with over $1B cash
- Improved net leverage to 2.8x
- Acquisition by MTN on track
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 12 quarterly earnings reports
+4.3%
Avg return
Earnings day
+6.0%
Avg return
5 days after
+4.5%
Avg return
30 days after
69%
9 / 13 earnings
Positive
+24.6%
Q4 2022
Best reaction
-14.1%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | — | — | — | |
| Q1 2026 | +1.4% | -0.1% | +0.5% | |
| Q3 2025 | +3.9% | -4.3% | +18.4% | |
| Q4 2024 | +13.3% | +34.3% | +26.3% | |
| Q2 2024 | +16.4% | +24.3% | +11.4% | |
| Q4 2023 | +13.1% | +21.1% | +40.6% | |
| Q3 2023 | -5.7% | -7.2% | -21.4% | |
| Q2 2023 | -12.0% | -15.1% | -38.8% | |
| Q1 2023 | -5.9% | -7.1% | +2.5% | |
| Q4 2022 | +24.6% | +23.4% | +32.1% | |
| Q3 2022 | +9.2% | +6.9% | -6.2% | |
| Q2 2022 | -14.1% | -13.8% | -21.1% | |
| Q1 2022 | +6.7% | +4.7% | -4.9% | |
| Q4 2021 | +5.1% | +11.4% | +18.7% | |
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