Freedom Holding Corp.FRHCEarnings & Financial Report
Freedom Holding Corp. is an investment conglomerate registered in Nevada, USA. The company provides a range of services in retail financial securities brokerage and trading, asset management, capital markets, investment research and counseling, investment banking and underwriting services, mortgages, insurance, banking and other consumer services. Its main area of focus is in the American stock market, as well as the markets of Europe and Central Asia, mainly Kazakhstan.
Revenue
$450.7M
Gross Profit
$446.4M
Operating Profit
$41.6M
Net Profit
$34.4M
Gross Margin
99.0%
Operating Margin
9.2%
Net Margin
7.6%
YoY Growth
42.5%
EPS
$0.57
Freedom Holding Corp. Q1 FY2025 Financial Summary
Freedom Holding Corp. reported revenue of $450.7M (up 42.5% YoY) for Q1 FY2025, with a net profit of $34.4M (down 49.5% YoY) (7.6% margin). Cost of goods sold was $4.3M, operating expenses totaled $404.8M.
Key Financial Metrics
| Total Revenue | $450.7M |
|---|---|
| Net Profit | $34.4M |
| Gross Margin | 99.0% |
| Operating Margin | 9.2% |
| Report Period | Q1 FY2025 |
Revenue Breakdown
Freedom Holding Corp. Q1 FY2025 revenue of $450.7M breaks down across 5 segments, led by Brokerage Segment at $174.9M (38.8% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Brokerage Segment | $174.9M | 38.8% |
| Insurance Segment | $147.3M | 32.7% |
| Banking Segment | $91.2M | 20.2% |
| Other | $28.8M | 6.4% |
| Other Segment | $8.6M | 1.9% |
Freedom Holding Corp. Annual Revenue by Year
Freedom Holding Corp. annual revenue history includes year-by-year totals (for example, 2025 revenue was $2.1B).
| Year | Annual Revenue |
|---|---|
| 2025 | $2.1B |
| 2024 | $1.6B |
| 2023 | $799.1M |
| 2022 | $689.8M |
Freedom Holding Corp. Quarterly Revenue & Net Profit History
Freedom Holding Corp. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $628.6M | -4.1% | $76.2M | 12.1% |
| Q2 FY2026 | $526.1M | -9.4% | $38.7M | 7.4% |
| Q1 FY2026 | $533.4M | +18.4% | $30.4M | 5.7% |
| Q4 FY2025 | $363.7M | -21.7% | $-142.7M | -39.2% |
| Q3 FY2025 | $655.2M | +56.5% | $78.3M | 11.9% |
| Q2 FY2025 | $580.9M | +33.4% | $114.7M | 19.7% |
| Q1 FY2025 | $450.7M | +42.5% | $34.4M | 7.6% |
| Q4 FY2024 | $464.7M | +166.7% | $95.2M | 20.5% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $464.7M | $450.7M | $580.9M | $655.2M | $363.7M | $533.4M | $526.1M | $628.6M |
| YoY Growth | 166.7% | 42.5% | 33.4% | 56.5% | -21.7% | 18.4% | -9.4% | -4.1% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $8.30B | $8.48B | $8.82B | $9.14B | $9.91B | $9.69B | $10.35B | $12.38B |
| Liabilities | $7.13B | $7.33B | $7.55B | $7.87B | $8.70B | $8.46B | $9.13B | $10.98B |
| Equity | $1.16B | $1.15B | $1.26B | $1.26B | $1.21B | $1.23B | $1.22B | $1.39B |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $309.0M | $854.1M | $-438.0M | $-72.8M | $1.34B | $480.8M | $535.3M | $717.8M |