Freedom Holding Corp. (FRHC) income statement
NASDAQ · Financial Services · Financial - Conglomerates · 12,100 employees · CEO Timur Ruslanovich Turlov
- Price
- $165.36 -1.1%
- Market cap
- $10.4B
- Enterprise value
- $11.9B Data as of 2026-11-12
- Last report
- Q1 '27 filed 2026-08-10
- Next report
- 2027-02-15
Freedom Holding Corp. (FRHC) reported revenue of $721M for Q1 '27 (+37.3% year on year), operating income of $207M (28.7% of revenue) and net income of $31.7M. Over the last four quarters revenue was $2.33B.
Income statement
| Income statement | Trend | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | Q1 '27 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $421M | $431M | $490M | $439M | $507M | $576M | $446M | $525M | $531M | $616M | $467M | $721M | |
| Cost of revenue | $106M | $129M | $159M | $185M | $224M | $276M | $279M | $272M | $252M | $261M | $110M | $351M | |
| Gross profit | $316M | $302M | $331M | $254M | $283M | $301M | $167M | $253M | $279M | $355M | $357M | $370M | |
| Sales & marketing | $8.64M | $11.1M | $10.5M | $21.9M | $32.4M | $21.5M | $65.9M | $24.5M | $27.5M | $36.6M | $0 | $35.8M | |
| General & administrative | $42.6M | $39.4M | $63.5M | $58.3M | $61.2M | $97.8M | $16.7M | $78.1M | $71.5M | $103M | $0 | $109M | |
| Other operating expenses | -$5.05M | $10.9M | $22M | -$1.77M | -$55.5M | -$43.9M | $98.7M | $4.82M | $19.8M | $15.2M | $208M | $17.7M | |
| Operating expenses | $46.2M | $61.3M | $96M | $78.4M | $38.1M | $75.3M | $181M | $107M | $119M | $155M | $208M | $163M | |
| Operating income | $270M | $241M | $235M | $176M | $245M | $225M | -$14.6M | $145M | $160M | $200M | $149M | $207M | |
| Interest income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $243M | $295M | |
| Interest expense | $139M | $131M | $135M | $146M | $125M | $131M | $134M | $113M | $102M | $128M | $145M | $178M | |
| Other non-operating income (gains on investments, FX ...) | -$4.39M | -$1.85M | -$4.75M | -$11.3M | -$8.08M | -$4.2M | $6.53M | -$8.56M | -$3.04M | -$21.9M | -$27.3M | -$11.6M | |
| Total non-operating income | -$135M | -$129M | -$131M | -$134M | -$117M | -$127M | -$141M | -$105M | -$99.2M | -$106M | -$118M | -$166M | |
| Income before tax | $135M | $112M | $104M | $41.6M | $128M | $98.3M | -$155M | $40.5M | $60.5M | $93.9M | $31M | $40.8M | |
| Income tax | $19.2M | $15.5M | $9.01M | $7.34M | $14M | $20.2M | -$13.1M | $10.1M | $21.8M | $17.7M | $23M | $9.17M | |
| Net income | $116M | $96.4M | $95.2M | $34.4M | $115M | $78.3M | -$143M | $30.4M | $38.7M | $76.2M | $7.98M | $31.7M | |
| EPS (basic) | $1.97 | $1.65 | $1.58 | $0.58 | $1.93 | $1.32 | -$2.34 | $0.51 | $0.65 | $1.27 | $0.13 | $0.52 | |
| EPS (diluted) | $1.95 | $1.63 | $1.58 | $0.57 | $1.89 | $1.29 | -$2.34 | $0.50 | $0.63 | $1.25 | $0.13 | $0.52 | |
| Shares (basic, weighted) | 58.6M | 58.6M | 60.2M | 59.3M | 59.4M | 59.4M | 61M | 59.9M | 59.9M | 60M | 61.3M | 61.3M | |
| Shares (diluted, weighted) | 59.3M | 59.3M | 60.2M | 60.3M | 60.5M | 60.5M | 61M | 61.1M | 61.1M | 61.1M | 61.3M | 61.3M | |
| Depreciation & amortization | $4M | $4.48M | $3.51M | $4.15M | $3.91M | $4.65M | $4.45M | $6.11M | $6.27M | $8.32M | $13.9M | $9.88M | |
| EBITDA | $278M | $247M | $243M | $191M | $257M | $234M | -$16.6M | $160M | $169M | $230M | $190M | $228M |
| Income statement | Trend | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.4M | $57.8M | $74.3M | $83.4M | $347M | $690M | $796M | $1.66B | $2.03B | $2.19B | |
| Cost of revenue | $346K | $2.29M | $6.24M | $19.4M | $146M | $187M | $225M | $492M | $964M | $610M | |
| Gross profit | $19M | $55.5M | $68M | $64M | $201M | $503M | $571M | $1.16B | $1.07B | $1.58B | |
| Sales & marketing | $0 | $0 | $0 | $0 | $6.97M | $11.9M | $14.1M | $38.3M | $125M | $103M | |
| General & administrative | $579K | $0 | $0 | $0 | $15.7M | $44.1M | $86.3M | $178M | $251M | $763M | |
| Other operating expenses | $19M | $22.1M | $44.6M | $25.7M | $0 | $2.5M | $29.1M | $21.2M | $62.4M | $0 | |
| Operating expenses | $19.6M | $22.1M | $44.6M | $25.7M | $22.6M | $58.5M | $129M | $237M | $438M | $866M | |
| Operating income | -$582K | $33.3M | $23.4M | $38.3M | $178M | $445M | $441M | $927M | $632M | $715M | |
| Interest expense | $3.81M | $14.7M | $14.6M | $10.2M | $22.4M | $76.9M | $209M | $501M | $536M | $489M | |
| Other non-operating income (gains on investments, FX ...) | -$10.2M | -$4K | $251K | -$991K | $3.62M | $4.01M | -$3.45M | -$9.7M | -$17.1M | $0 | |
| Total non-operating income | $6.35M | -$14.7M | -$14.9M | -$9.21M | -$26.1M | -$81M | -$205M | -$491M | -$519M | -$489M | |
| Income before tax | $5.77M | $18.6M | $8.52M | $29.1M | $152M | $364M | $236M | $435M | $113M | $226M | |
| Income tax | -$524K | $418K | $1.37M | $4.93M | $23.3M | $38.6M | $42.8M | $60.4M | $28.4M | $72.6M | |
| Net income | $6.29M | $18.2M | $7.15M | $24.8M | $150M | $227M | $205M | $376M | $84.7M | $153M | |
| EPS (basic) | $0.56 | $0.55 | $0.12 | $0.43 | $2.56 | $3.84 | $3.50 | $6.37 | $1.43 | $2.56 | |
| EPS (diluted) | $0.56 | $0.54 | $0.12 | $0.43 | $2.56 | $3.84 | $3.45 | $6.33 | $1.40 | $2.51 | |
| Shares (basic, weighted) | 11.2M | 33.2M | 58M | 58.2M | 58.4M | 59.4M | 58.6M | 59M | 59.4M | 60M | |
| Shares (diluted, weighted) | 11.2M | 33.4M | 58.2M | 58.3M | 58.4M | 59.4M | 59.5M | 59.4M | 60.5M | 61.1M | |
| Depreciation & amortization | $199K | $1.49M | $2.03M | $1.11M | $2.69M | $3.42M | $5.14M | $14.6M | $17.2M | $34.6M | |
| EBITDA | $9.78M | $34.8M | $25.2M | $40.4M | $177M | $444M | $450M | $951M | $666M | $750M |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-06-30, 10-K 2026-03-31, 10-Q 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-K 2025-03-31, 10-Q 2024-12-31, 10-Q 2024-09-30, 10-Q 2024-06-30
Data as of 2026-11-12