Freedom Holding (FRHC) Financial Statements & Analysis

Freedom Holding (FRHC) Income Statement

Freedom Holding reported revenue of $2.19B in fiscal 2026 (fiscal year ended Mar 31, 2026), up 10.3% from $1.99B a year earlier. Net income was $153.33M, up 101.0% year over year, a net margin of 7.0%. Gross margin was 72.2% and operating margin 32.6%. In the most recent quarter, Q1 fiscal 2027 (ended Jun 30, 2026), revenue was $720.88M, up 37.3% from the same quarter a year earlier.

Freedom Holding Income Statement Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Freedom Holding Corp. income statement - Annual data in billions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Revenue & Gross Profit
Revenue	2.19	1.99	1.66	0.80	0.61	0.35	0.08	0.07	0.06	0.02
Cost of Revenue	0.61	0.93	0.49	0.22	0.19	0.15	0.02	0.01	0.00	0.00
Gross Profit	1.58	1.06	1.16	0.57	0.43	0.20	0.06	0.07	0.06	0.02
Operating Expenses
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	0.87	0.38	0.22	0.10	0.06	0.02	0.00	0.00	0.00	0.00
Operating Expenses	0.87	0.44	0.24	0.13	0.06	0.02	0.03	0.04	0.02	0.02
Operating Income	0.72	0.62	0.93	0.44	0.36	0.18	0.04	0.02	0.03	0.00
Other Income/Expense
Interest Income	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	0.49	0.54	0.50	0.21	0.08	0.02	0.01	0.01	0.01	0.00
Other Income/Expense	-0.49	0.02	-0.49	0.00	0.00	-0.03	-0.01	-0.01	-0.01	0.01
Income
Income Before Tax	0.23	0.10	0.44	0.24	0.36	0.15	0.03	0.01	0.02	0.01
Income Tax Expense	0.07	0.03	0.06	0.04	0.04	0.02	0.00	0.00	0.00	0.00
Net Income	0.15	0.08	0.38	0.21	0.23	0.15	0.02	0.01	0.02	0.01
Net Income - Continuous Operations	0.15	0.08	0.38	0.19	0.33	0.15	0.02	0.01	0.02	0.01
Net Income - Discontinued Operations	-	-	-	0.01	-0.10	-	-	-	-	-
EBITDA	0.75	0.66	0.95	0.45	0.38	0.18	0.04	0.03	0.03	0.01
EBIT	0.23	0.64	0.44	0.44	0.36	0.15	-	-	-	-
Depreciation & Amortization	0.03	0.02	0.01	0.01	0.00	0.00	0.00	0.00	0.00	0.00
Earnings Per Share
Basic EPS	3.00	1.00	6.00	4.00	4.00	3.00	-	-	1.00	1.00
Diluted EPS	3.00	1.00	6.00	3.00	4.00	3.00	-	-	1.00	1.00
Basic Shares Outstanding	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.03	0.01
Diluted Shares Outstanding	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.03	0.01

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Freedom Holding Financial Statements

What was Freedom Holding's revenue in fiscal 2026?

Freedom Holding reported revenue of $2.19B in fiscal 2026 (fiscal year ended Mar 31, 2026). That was up 10.3% from $1.99B a year earlier.

Is Freedom Holding profitable?

Yes. Freedom Holding earned net income of $153.33M in fiscal 2026, a net margin of 7.0%. In fiscal 2025 it earned $76.29M.

What is Freedom Holding's operating margin?

Freedom Holding's operating income was $715.00M on revenue of $2.19B in fiscal 2026, an operating margin of 32.6%, compared with 31.4% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition