IHS Holding (IHS) revenue breakdown
By segment, Nigeria is the largest at 68% of fiscal 2025 revenue; SSA grew fastest, 9% a year over 6 years.
By region, NIGERIA is the largest at 68% of fiscal 2025 revenue; Rest of world grew fastest, 9% a year over 6 years.
Revenue by segment
Fiscal years, as IHS Holding reports them in its 10-K filings; fiscal 2025 total $1.6B.
| Segments | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|
| Nigeria | $926M | $1.0B | $1.1B | $1.4B | $1.4B | $998M | $1.1B | 68% |
| SSA | $305M | $313M | $344M | $413M | $503M | $484M | $513M | 32% |
| MENA | — | $22M | $29M | $36M | $41M | $45M | — | — |
| LATAM | — | $30M | $60M | $160M | — | — | — | — |
Revenue by region
Fiscal years, as IHS Holding reports them in its 10-K filings; fiscal 2025 total $1.6B.
| Regions | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|
| NIGERIA | $926M | $1.0B | $1.1B | $1.4B | $1.4B | $998M | $1.1B | 68% |
| Rest of world | $305M | $365M | $433M | $609M | $544M | $529M | $513M | 32% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for IHS.
Open IHS in InvestinglyQuestions
Where does IHS Holding make its money?
In fiscal 2025, by segment: Nigeria $1.1B, SSA $513M.
From IHS Holding's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.