MTN Group Limited (JSE:MTN)

MTN Group Revenue

MTN Group had revenue of 118.90B ZAR in the half year ending June 30, 2026, with 30.48% growth. This brings the company's total for the last twelve months to 236.38B, up 14.34% year-over-year. In the year 2025, MTN Group had annual revenue of 226.76B with 20.24% growth. That makes MTN Group the 1,091st largest company in the world by revenue and 4th in South Africa.

• Revenue (ttm): 236.38B
• Revenue Growth: +14.34%
• P/S Ratio: 1.69
• Revenue / Employee: 10.76M
• Employees: 16,202
• Market Cap: 400.16B

Revenue Chart

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Revenue by Geography

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• Nigeria 61.69B 25.2%
• South Africa 51.09B 20.8%
• Ghana 35.73B 14.6%
• Unallocated 30.04B 12.3%
• Uganda 17.89B 7.3%
• Cameroon 13.45B 5.5%
• Other West and Central Africa (WECA) 12.93B 5.3%
• Other 22.34B 9.1%

Fiscal year ended Dec 31, 2025 See the full MTN Group breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	226.76B	38.17B	20.24%
Dec 31, 2024	188.59B	-32.79B	-14.81%
Dec 31, 2023	221.38B	14.34B	6.93%
Dec 31, 2022	207.04B	25.40B	13.98%
Dec 31, 2021	181.65B	2.19B	1.22%

Data Source: S&P Global Market Intelligence Last updated: Aug 24, 2026

Revenue data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Nov 3, 2026

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