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Financials · FRHC

Freedom Holding Corp. (FRHC) financials

For the twelve months ended Jun 30, 2026, Freedom Holding Corp. reported $2.39B of revenue and $154.59M of net income.

Revenue, TTM
$2.39B
Revenue growth, YoY
+15.3%
Net income, TTM
$154.59M
Net income growth, YoY
+95.1%
Net margin
6.5%
Free cash flow, TTM
-$888.78M
EPS, diluted, TTM
$2.42
Cash
$1.35B
P/E
64.38
P/S
4.16
Market cap
$9.95B
Annual revenue$2.19B
FY2017FY2026
Annual net income$153.33M
FY2017FY2026
Annual free cash flow-$13.54M
FY2017FY2026

FRHC revenue and earnings growth

FRHC revenueQ1 2027$732.53M

Quarter YoY
+39.8%
QoQ
+45.6%
FY YoY
+9.3%
5Y CAGR
+44.6%

FRHC revenue was $732.53M in fiscal Q1 2027 (ended Jun 30, 2026), up 39.8% from a year earlier and up 45.6% from the prior quarter. For the full fiscal 2026 it was $2.19B, up 9.3% from fiscal 2025. Compound annual growth was +44.6% over 5 years. It rose in each of the last 8 fiscal years. Fiscal 2026 is the highest of the 15 fiscal years on file.

FRHC net incomeQ1 2027$31.66M

Quarter YoY
-15.2%
QoQ
+296.9%
FY YoY
+101.0%
5Y CAGR
+0.5%

FRHC net income was $31.66M in fiscal Q1 2027 (ended Jun 30, 2026), down 15.2% from a year earlier and up 296.9% from the prior quarter. For the full fiscal 2026 it was $153.33M, up 101.0% from fiscal 2025. Compound annual growth was +0.5% over 5 years. It rose in 5 of the last 8 fiscal years.

FRHC EPSQ1 2027$0.52

Quarter YoY
-14.8%
FY YoY
+99.2%

FRHC diluted EPS was $0.52 in fiscal Q1 2027 (ended Jun 30, 2026), down 14.8% from a year earlier. For the full fiscal 2026 it was $2.51, up 99.2% from fiscal 2025.

FRHC free cash flowQ1 2027-$420.76M

FRHC free cash flow was -$420.76M in fiscal Q1 2027 (ended Jun 30, 2026), compared with $454.48M a year earlier. For the full fiscal 2026 it was -$13.54M, compared with $1.60B in fiscal 2025.

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Income statement

Income statement
Line item
FY2026
Mar 31, 2026
FY2025
Mar 31, 2025
FY2024
Mar 31, 2024
FY2023
Mar 31, 2023
FY2022
Mar 31, 2022
FY2021
Mar 31, 2021
FY2020
Mar 31, 2020
FY2019
Mar 31, 2019
FY2018
Mar 31, 2018
FY2017
Mar 31, 2017
Revenue$2.19B$2.00B$1.65B$799.14M$689.79M$346.88M$83.39M$74.28M$55.22M$0
Cost of revenue$79.63M$31.28M$17.54M$0------
Gross profit$2.11B$1.97B$1.63B$799.14M------
Selling, general and admin$222.34M$162.47M$120.89M$59.97M$23.53M$11.12M---$214.3K
Operating income----------$582.0K
Interest expense--$501.11M$208.95M$76.95M$22.44M$10.20M$14.65M$14.24M-
Pre-tax income$225.97M$104.58M$438.94M$235.94M$363.69M$151.81M$29.09M-$8.35M--$578.0K
Income tax$72.64M$28.43M$60.42M$42.78M$38.57M$23.31M$4.93M$1.37M$479.0K$100
Net income$153.33M$76.29M$379.11M$205.14M$227.49M$149.65M$24.84M$7.15M$19.23M-$578.1K
EPS, basic$2.56$1.28$6.43$3.50$3.84$2.56$0.43$0.12$0.58-
EPS, diluted$2.51$1.26$6.39$3.45$3.84$2.56$0.43$0.12$0.58-
Diluted shares61.1M60.5M59.4M59.5M59.38B58.44B58.3M58.2M33.4M280.3M

Balance sheet

Balance sheet
Line item
FY2026
Mar 31, 2026
FY2025
Mar 31, 2025
FY2024
Mar 31, 2024
FY2023
Mar 31, 2023
FY2022
Mar 31, 2022
FY2021
Mar 31, 2021
FY2020
Mar 31, 2020
FY2019
Mar 31, 2019
FY2018
Mar 31, 2018
FY2017
Mar 31, 2017
Cash and equivalents$966.12M$1.64B$545.08M$1.03B$773.41M$659.50M$86.38M$62.09M$65.73M$35.37M
Current assets---------$8.58M
Goodwill$51.10M$49.09M$52.65M$14.19M$5.90M$7.70M$2.61M$2.94M$3.29M$981.0K
Total assets$13.16B$9.92B$8.30B$5.08B$3.23B$2.10B$453.52M$350.91M$330.09M$120.31M
Current liabilities---------$8.74M
Total debt-----$0----
Total liabilities$11.67B$8.69B$7.13B$4.31B$2.68B$1.82B$324.49M$233.31M$214.99M$77.08M
Shareholders' equity$1.49B$1.22B$1.18B$783.74M$546.61M$307.67M$149.37M$117.60M$127.03M$43.89M

Cash flow

Cash flow
Line item
FY2026
Mar 31, 2026
FY2025
Mar 31, 2025
FY2024
Mar 31, 2024
FY2023
Mar 31, 2023
FY2022
Mar 31, 2022
FY2021
Mar 31, 2021
FY2020
Mar 31, 2020
FY2019
Mar 31, 2019
FY2018
Mar 31, 2018
FY2017
Mar 31, 2017
Operating cash flow$185.22M$1.68B-$1.06B-$951.68M-$406.37M$529.40M$82.62M$58.48M-$19.19M-$369.1K
Capital expenditures$198.77M$80.90M$36.73M$38.54M$5.62M$1.52M$2.00M$4.99M$1.98M$0
Free cash flow-$13.54M$1.60B-$1.10B-$990.23M-$411.99M$527.88M$80.63M$53.49M-$21.17M-$369.1K
Investing cash flow-$1.05B-$905.47M-$638.22M-$1.46B-$146.32M$6.35M-$19.76M-$6.73M-$869.0K$0
Financing cash flow$1.19B-$1.58M$1.67B$2.13B$618.53M$492.52M$58.08M-$42.32M$64.78M$320.0K
Stock-based compensation$68.05M$59.59M$22.72M$9.29M$7.86M$114.0K$423.0K$3.50M$1.62M-
Depreciation and amortization$26.37M$12.14M$6.81M$4.08M$2.27M$2.12M$746.0K$790.0K$233.0K$3.3K

Key ratios

Key ratios
Line item
FY2026
Mar 31, 2026
FY2025
Mar 31, 2025
FY2024
Mar 31, 2024
FY2023
Mar 31, 2023
FY2022
Mar 31, 2022
FY2021
Mar 31, 2021
FY2020
Mar 31, 2020
FY2019
Mar 31, 2019
FY2018
Mar 31, 2018
FY2017
Mar 31, 2017
Revenue growth, YoY9.3%21.7%106.1%15.9%98.9%316.0%12.3%34.5%--
Net income growth, YoY101.0%-79.9%84.8%-9.8%52.0%502.5%247.5%-62.8%--
EPS growth, YoY99.2%-80.3%85.2%-50.0%-258.3%---
Gross margin96.4%98.4%98.9%100.0%------
Net margin7.0%3.8%23.0%25.7%33.0%43.1%29.8%9.6%34.8%-
Free cash flow margin-0.6%79.8%-66.8%-123.9%-59.7%152.2%96.7%72.0%-38.3%-
Return on equity10.3%6.2%32.2%26.2%41.6%48.6%16.6%6.1%15.1%-1.3%
Return on assets1.2%0.8%4.6%4.0%7.0%7.1%5.5%2.0%5.8%-0.5%
Current ratio---------0.98
Debt to equity-----0.00----

Source: XBRL data Freedom Holding Corp. files with the SEC, latest filing dated Aug 10, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

FRHC peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
FRHC$2.39B+15.3%$154.59M6.5%$9.95B
MS$80.16B+16.2%$20.45B25.5%$298.37B
GS$69.70B+18.7%$22.17B31.8%$264.37B
BLK$28.54B+24.7%$6.91B24.2%$188.85B
SCHW$27.06B+18.1%$10.64B39.3%$160.48B
CME$6.97B+9.0%$4.43B63.5%$113.81B
ICE$14.05B+12.1%$4.16B29.6%$99.76B
HOOD$5.08B+20.9%$1.98B39.0%$70.11B
NDAQ$9.15B+11.5%$2.08B22.8%$60.20B

FRHC FAQ

9 questions
  • What is FRHC revenue?
    Freedom Holding Corp. (FRHC) reported $2.39B of revenue for the twelve months ended Jun 30, 2026. That is up 15.3% from the year before. Revenue for fiscal 2026 was $2.19B.
  • Is FRHC profitable?
    Yes. Freedom Holding Corp. earned $154.59M in net income for the twelve months ended Jun 30, 2026, a net margin of 6.5%.
  • How much cash and debt does FRHC have?
    Freedom Holding Corp. reported $1.35B in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is FRHC revenue growing?
    Freedom Holding Corp.'s revenue changed +9.3% in fiscal 2026, to $2.19B. Its compound annual growth rate was +44.6% over 5 years.
  • What is FRHC gross margin?
    Freedom Holding Corp.'s gross profit was $2.29B on $2.39B of revenue for the twelve months ended Jun 30, 2026, a gross margin of 95.8%.
  • What is FRHC free cash flow?
    Freedom Holding Corp. generated -$888.78M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of -$637.23M less capital expenditures.
  • What is FRHC earnings per share?
    Diluted earnings per share were $2.42 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did FRHC last report financial results?
    The latest statements here come from Freedom Holding Corp.'s 10-Q filed on Aug 10, 2026, covering the period ended Jun 30, 2026.
  • Where does this FRHC financial data come from?
    Quantisnow builds these statements from the structured XBRL data Freedom Holding Corp. files with the SEC. It is provided for information only and is not investment advice.