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Side-by-side financial comparison of Freedom Holding Corp. (FRHC) and Weatherford International plc (WFRD). Click either name above to swap in a different company.

Weatherford International plc is the larger business by last-quarter revenue ($1.2B vs $628.6M, roughly 1.8× Freedom Holding Corp.). Freedom Holding Corp. runs the higher net margin — 12.1% vs 9.5%, a 2.7% gap on every dollar of revenue. On growth, Freedom Holding Corp. posted the faster year-over-year revenue change (-4.1% vs -8.3%). Freedom Holding Corp. produced more free cash flow last quarter ($651.7M vs $85.0M). Over the past eight quarters, Freedom Holding Corp.'s revenue compounded faster (16.3% CAGR vs -9.5%).

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.

Weatherford International plc is an American multinational oilfield service company, headquartered in the US and operating in 75 countries globally across the oil and natural gas producing regions. The company provides technical equipment and services used for drilling, evaluation, completion, production, and intervention on gas and oil wells.

FRHC vs WFRD — Head-to-Head

Bigger by revenue
WFRD
WFRD
1.8× larger
WFRD
$1.2B
$628.6M
FRHC
Growing faster (revenue YoY)
FRHC
FRHC
+4.2% gap
FRHC
-4.1%
-8.3%
WFRD
Higher net margin
FRHC
FRHC
2.7% more per $
FRHC
12.1%
9.5%
WFRD
More free cash flow
FRHC
FRHC
$566.7M more FCF
FRHC
$651.7M
$85.0M
WFRD
Faster 2-yr revenue CAGR
FRHC
FRHC
Annualised
FRHC
16.3%
-9.5%
WFRD

Income Statement — Q3 FY2026 vs Q1 FY2026

Metric
FRHC
FRHC
WFRD
WFRD
Revenue
$628.6M
$1.2B
Net Profit
$76.2M
$109.0M
Gross Margin
96.0%
Operating Margin
14.9%
10.7%
Net Margin
12.1%
9.5%
Revenue YoY
-4.1%
-8.3%
Net Profit YoY
-2.6%
-21.6%
EPS (diluted)
$1.25
$1.49

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
WFRD
WFRD
Q1 26
$1.2B
Q4 25
$628.6M
$1.3B
Q3 25
$526.1M
$1.2B
Q2 25
$533.4M
$1.2B
Q1 25
$363.7M
$1.2B
Q4 24
$655.2M
$1.3B
Q3 24
$580.9M
$1.4B
Q2 24
$450.7M
$1.4B
Net Profit
FRHC
FRHC
WFRD
WFRD
Q1 26
$109.0M
Q4 25
$76.2M
$138.0M
Q3 25
$38.7M
$81.0M
Q2 25
$30.4M
$136.0M
Q1 25
$-142.7M
$76.0M
Q4 24
$78.3M
$112.0M
Q3 24
$114.7M
$157.0M
Q2 24
$34.4M
$125.0M
Gross Margin
FRHC
FRHC
WFRD
WFRD
Q1 26
Q4 25
96.0%
Q3 25
97.1%
Q2 25
97.4%
Q1 25
96.6%
Q4 24
98.6%
Q3 24
99.1%
Q2 24
99.0%
Operating Margin
FRHC
FRHC
WFRD
WFRD
Q1 26
10.7%
Q4 25
14.9%
15.4%
Q3 25
11.5%
14.4%
Q2 25
7.6%
19.7%
Q1 25
-42.7%
11.9%
Q4 24
15.0%
14.8%
Q3 24
22.1%
17.2%
Q2 24
9.2%
18.8%
Net Margin
FRHC
FRHC
WFRD
WFRD
Q1 26
9.5%
Q4 25
12.1%
10.7%
Q3 25
7.4%
6.6%
Q2 25
5.7%
11.3%
Q1 25
-39.2%
6.4%
Q4 24
11.9%
8.4%
Q3 24
19.7%
11.1%
Q2 24
7.6%
8.9%
EPS (diluted)
FRHC
FRHC
WFRD
WFRD
Q1 26
$1.49
Q4 25
$1.25
$1.91
Q3 25
$0.63
$1.12
Q2 25
$0.50
$1.87
Q1 25
$-2.35
$1.03
Q4 24
$1.29
$1.53
Q3 24
$1.89
$2.06
Q2 24
$0.57
$1.66

Balance Sheet & Financial Strength

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

Metric
FRHC
FRHC
WFRD
WFRD
Cash + ST InvestmentsLiquidity on hand
$869.2M
$1.0B
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$1.4B
$1.8B
Total Assets
$12.4B
Debt / EquityLower = less leverage
0.84×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FRHC
FRHC
WFRD
WFRD
Q1 26
$1.0B
Q4 25
$869.2M
$987.0M
Q3 25
$636.0M
$967.0M
Q2 25
$567.9M
$943.0M
Q1 25
$837.3M
$873.0M
Q4 24
$577.9M
$916.0M
Q3 24
$569.2M
$920.0M
Q2 24
$718.7M
$862.0M
Total Debt
FRHC
FRHC
WFRD
WFRD
Q1 26
$1.5B
Q4 25
$1.5B
Q3 25
$1.5B
Q2 25
$1.6B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.6B
Q2 24
$1.6B
Stockholders' Equity
FRHC
FRHC
WFRD
WFRD
Q1 26
$1.8B
Q4 25
$1.4B
$1.7B
Q3 25
$1.2B
$1.6B
Q2 25
$1.2B
$1.5B
Q1 25
$1.2B
$1.4B
Q4 24
$1.3B
$1.3B
Q3 24
$1.3B
$1.3B
Q2 24
$1.1B
$1.2B
Total Assets
FRHC
FRHC
WFRD
WFRD
Q1 26
Q4 25
$12.4B
$5.2B
Q3 25
$10.3B
$5.3B
Q2 25
$9.7B
$5.1B
Q1 25
$9.9B
$5.1B
Q4 24
$9.1B
$5.2B
Q3 24
$8.8B
$5.2B
Q2 24
$8.5B
$5.1B
Debt / Equity
FRHC
FRHC
WFRD
WFRD
Q1 26
0.84×
Q4 25
0.86×
Q3 25
0.94×
Q2 25
1.04×
Q1 25
1.17×
Q4 24
1.26×
Q3 24
1.21×
Q2 24
1.33×

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
WFRD
WFRD
Operating Cash FlowLast quarter
$717.8M
$136.0M
Free Cash FlowOCF − Capex
$651.7M
$85.0M
FCF MarginFCF / Revenue
103.7%
7.4%
Capex IntensityCapex / Revenue
10.5%
4.7%
Cash ConversionOCF / Net Profit
9.42×
1.25×
TTM Free Cash FlowTrailing 4 quarters
$470.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FRHC
FRHC
WFRD
WFRD
Q1 26
$136.0M
Q4 25
$717.8M
$268.0M
Q3 25
$535.3M
$138.0M
Q2 25
$480.8M
$128.0M
Q1 25
$1.3B
$142.0M
Q4 24
$-72.8M
$249.0M
Q3 24
$-438.0M
$262.0M
Q2 24
$854.1M
$150.0M
Free Cash Flow
FRHC
FRHC
WFRD
WFRD
Q1 26
$85.0M
Q4 25
$651.7M
$217.0M
Q3 25
$456.4M
$94.0M
Q2 25
$450.0M
$74.0M
Q1 25
$65.0M
Q4 24
$-92.7M
$149.0M
Q3 24
$-447.5M
$184.0M
Q2 24
$829.9M
$88.0M
FCF Margin
FRHC
FRHC
WFRD
WFRD
Q1 26
7.4%
Q4 25
103.7%
16.8%
Q3 25
86.7%
7.6%
Q2 25
84.4%
6.1%
Q1 25
5.4%
Q4 24
-14.1%
11.1%
Q3 24
-77.0%
13.1%
Q2 24
184.1%
6.3%
Capex Intensity
FRHC
FRHC
WFRD
WFRD
Q1 26
4.7%
Q4 25
10.5%
4.0%
Q3 25
15.0%
3.6%
Q2 25
5.8%
4.5%
Q1 25
6.5%
Q4 24
3.0%
7.5%
Q3 24
1.6%
5.5%
Q2 24
5.4%
4.4%
Cash Conversion
FRHC
FRHC
WFRD
WFRD
Q1 26
1.25×
Q4 25
9.42×
1.94×
Q3 25
13.82×
1.70×
Q2 25
15.82×
0.94×
Q1 25
1.87×
Q4 24
-0.93×
2.22×
Q3 24
-3.82×
1.67×
Q2 24
24.83×
1.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FRHC
FRHC

Segment breakdown not available.

WFRD
WFRD

Middle East/North Africa/Asia$556.0M48%
Other$360.0M31%
Europe/Sub-Sahara Africa/Russia$236.0M20%

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