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Side-by-side financial comparison of Freedom Holding Corp. (FRHC) and SCHOLASTIC CORP (SCHL). Click either name above to swap in a different company.

Freedom Holding Corp. is the larger business by last-quarter revenue ($628.6M vs $551.1M, roughly 1.1× SCHOLASTIC CORP). Freedom Holding Corp. runs the higher net margin — 12.1% vs 10.1%, a 2.0% gap on every dollar of revenue. On growth, SCHOLASTIC CORP posted the faster year-over-year revenue change (1.2% vs -4.1%). Over the past eight quarters, SCHOLASTIC CORP's revenue compounded faster (30.5% CAGR vs 16.3%).

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.

Scholastic Corporation is an American multinational publishing, education, and media company that publishes and distributes books, comics, and educational materials for schools, teachers, parents, children, and other educational institutions. Products are distributed via retail and online sales and through schools via reading clubs and book fairs. Clifford the Big Red Dog, a character created by Norman Bridwell in 1963, is the mascot of Scholastic.

FRHC vs SCHL — Head-to-Head

Bigger by revenue
FRHC
FRHC
1.1× larger
FRHC
$628.6M
$551.1M
SCHL
Growing faster (revenue YoY)
SCHL
SCHL
+5.2% gap
SCHL
1.2%
-4.1%
FRHC
Higher net margin
FRHC
FRHC
2.0% more per $
FRHC
12.1%
10.1%
SCHL
Faster 2-yr revenue CAGR
SCHL
SCHL
Annualised
SCHL
30.5%
16.3%
FRHC

Income Statement — Q3 FY2026 vs Q2 FY2026

Metric
FRHC
FRHC
SCHL
SCHL
Revenue
$628.6M
$551.1M
Net Profit
$76.2M
$55.9M
Gross Margin
96.0%
59.1%
Operating Margin
14.9%
15.0%
Net Margin
12.1%
10.1%
Revenue YoY
-4.1%
1.2%
Net Profit YoY
-2.6%
14.5%
EPS (diluted)
$1.25
$2.17

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FRHC
FRHC
SCHL
SCHL
Q4 25
$628.6M
$551.1M
Q3 25
$526.1M
$225.6M
Q2 25
$533.4M
$508.3M
Q1 25
$363.7M
$335.4M
Q4 24
$655.2M
$544.6M
Q3 24
$580.9M
$237.2M
Q2 24
$450.7M
$474.9M
Q1 24
$464.7M
$323.7M
Net Profit
FRHC
FRHC
SCHL
SCHL
Q4 25
$76.2M
$55.9M
Q3 25
$38.7M
$-71.1M
Q2 25
$30.4M
$15.4M
Q1 25
$-142.7M
$-3.6M
Q4 24
$78.3M
$48.8M
Q3 24
$114.7M
$-62.5M
Q2 24
$34.4M
$35.9M
Q1 24
$95.2M
$-26.5M
Gross Margin
FRHC
FRHC
SCHL
SCHL
Q4 25
96.0%
59.1%
Q3 25
97.1%
45.3%
Q2 25
97.4%
59.2%
Q1 25
96.6%
53.9%
Q4 24
98.6%
58.0%
Q3 24
99.1%
45.9%
Q2 24
99.0%
59.5%
Q1 24
54.1%
Operating Margin
FRHC
FRHC
SCHL
SCHL
Q4 25
14.9%
15.0%
Q3 25
11.5%
-40.9%
Q2 25
7.6%
10.5%
Q1 25
-42.7%
-7.1%
Q4 24
15.0%
13.7%
Q3 24
22.1%
-37.3%
Q2 24
9.2%
9.9%
Q1 24
22.5%
-10.8%
Net Margin
FRHC
FRHC
SCHL
SCHL
Q4 25
12.1%
10.1%
Q3 25
7.4%
-31.5%
Q2 25
5.7%
3.0%
Q1 25
-39.2%
-1.1%
Q4 24
11.9%
9.0%
Q3 24
19.7%
-26.3%
Q2 24
7.6%
7.6%
Q1 24
20.5%
-8.2%
EPS (diluted)
FRHC
FRHC
SCHL
SCHL
Q4 25
$1.25
$2.17
Q3 25
$0.63
$-2.83
Q2 25
$0.50
$0.56
Q1 25
$-2.35
$-0.13
Q4 24
$1.29
$1.71
Q3 24
$1.89
$-2.21
Q2 24
$0.57
$1.21
Q1 24
$1.60
$-0.91

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FRHC
FRHC
SCHL
SCHL
Cash + ST InvestmentsLiquidity on hand
$869.2M
$99.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$931.2M
Total Assets
$12.4B
$2.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRHC
FRHC
SCHL
SCHL
Q4 25
$869.2M
$99.3M
Q3 25
$636.0M
$94.3M
Q2 25
$567.9M
$124.0M
Q1 25
$837.3M
$94.7M
Q4 24
$577.9M
$139.6M
Q3 24
$569.2M
$84.1M
Q2 24
$718.7M
$113.7M
Q1 24
$545.1M
$110.4M
Total Debt
FRHC
FRHC
SCHL
SCHL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$231.1M
Q2 24
Q1 24
Stockholders' Equity
FRHC
FRHC
SCHL
SCHL
Q4 25
$1.4B
$931.2M
Q3 25
$1.2B
$878.0M
Q2 25
$1.2B
$946.5M
Q1 25
$1.2B
$941.3M
Q4 24
$1.3B
$986.0M
Q3 24
$1.3B
$957.3M
Q2 24
$1.1B
$1.0B
Q1 24
$1.2B
$997.6M
Total Assets
FRHC
FRHC
SCHL
SCHL
Q4 25
$12.4B
$2.0B
Q3 25
$10.3B
$2.0B
Q2 25
$9.7B
$2.0B
Q1 25
$9.9B
$2.0B
Q4 24
$9.1B
$2.0B
Q3 24
$8.8B
$2.0B
Q2 24
$8.5B
$1.7B
Q1 24
$8.3B
$1.7B
Debt / Equity
FRHC
FRHC
SCHL
SCHL
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
0.24×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FRHC
FRHC
SCHL
SCHL
Operating Cash FlowLast quarter
$717.8M
$73.2M
Free Cash FlowOCF − Capex
$651.7M
FCF MarginFCF / Revenue
103.7%
Capex IntensityCapex / Revenue
10.5%
Cash ConversionOCF / Net Profit
9.42×
1.31×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRHC
FRHC
SCHL
SCHL
Q4 25
$717.8M
$73.2M
Q3 25
$535.3M
$-81.8M
Q2 25
$480.8M
$106.9M
Q1 25
$1.3B
$-12.0M
Q4 24
$-72.8M
$71.2M
Q3 24
$-438.0M
$-41.9M
Q2 24
$854.1M
$69.9M
Q1 24
$309.0M
$13.1M
Free Cash Flow
FRHC
FRHC
SCHL
SCHL
Q4 25
$651.7M
Q3 25
$456.4M
Q2 25
$450.0M
Q1 25
Q4 24
$-92.7M
Q3 24
$-447.5M
Q2 24
$829.9M
Q1 24
FCF Margin
FRHC
FRHC
SCHL
SCHL
Q4 25
103.7%
Q3 25
86.7%
Q2 25
84.4%
Q1 25
Q4 24
-14.1%
Q3 24
-77.0%
Q2 24
184.1%
Q1 24
Capex Intensity
FRHC
FRHC
SCHL
SCHL
Q4 25
10.5%
Q3 25
15.0%
Q2 25
5.8%
Q1 25
Q4 24
3.0%
Q3 24
1.6%
Q2 24
5.4%
Q1 24
Cash Conversion
FRHC
FRHC
SCHL
SCHL
Q4 25
9.42×
1.31×
Q3 25
13.82×
Q2 25
15.82×
6.94×
Q1 25
Q4 24
-0.93×
1.46×
Q3 24
-3.82×
Q2 24
24.83×
1.95×
Q1 24
3.24×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FRHC
FRHC

Segment breakdown not available.

SCHL
SCHL

Book Fairs$242.0M44%
Trade US$102.9M19%
Major Markets$78.3M14%
Education Solutions$62.2M11%
Book Clubs$28.5M5%
Entertainment International$13.5M2%
Other Markets$11.2M2%
Trade International$7.5M1%
Entertainment U.S.$1.6M0%

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