Freedom Holding Corp. (FRHC)

NASDAQ: FRHC · Real-Time Price · USD

181.57

+1.18 (0.65%)

At close: Oct 16, 2026, 4:00 PM EDT

179.50

-2.07 (-1.14%)

After-hours: Oct 16, 2026, 7:58 PM EDT

Freedom Holding Financials Overview

Financials in millions USD. Fiscal year is April - March.

Millions USD. Fiscal year is Apr - Mar.

Revenue & Profits

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	1,752	1,635	1,417	1,074	538.04	609.05
Revenue Growth	13.87%	15.39%	31.91%	99.59%	-11.66%	88.05%
Operating Income	125.03	158.29	52.9	366.69	183.78	363.92
Net Income	147.63	153.33	76.29	379.11	205.14	227.49
Earnings Per Share	2.42	2.51	1.26	6.39	3.45	3.83
EPS Growth	85.62%	99.21%	-80.28%	85.28%	-9.98%	49.48%

Revenue by Segment

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Brokerage	909.43	797.74	625.79	533.07	342.74	373.38
Other	95.52	74.9	72.6	74.57	-16.57	104.27
Banking	271.04	272.22	96.49	169.41	55.45	39.48
Insurance	476.36	489.72	621.7	296.85	156.42	91.93
Total	1,752	1,635	1,417	1,074	538.04	609.05

Cash & Debt

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Cash & Investments	4,326	3,305	3,113	4,234	2,994	1,384
Total Debt	2,788	2,432	1,953	3,069	1,608	885.66
Net Cash (Debt)	1,538	873.56	1,159	1,165	1,386	498.19
Net Cash Growth	95.32%	-24.64%	-0.46%	-15.99%	178.25%	45.96%
Net Cash Per Share	25.14	14.29	19.16	19.62	23.30	8.39

Cash Flow & CapEx

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Cash Flow	-637.23	185.22	1,681	-1,064	-951.68	-406.37
Capital Expenditures	-251.55	-198.77	-80.9	-36.74	-38.54	-5.62
Free Cash Flow	-888.78	-13.55	1,600	-1,101	-990.23	-411.99
Free Cash Flow Growth	-	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Operating Margin	7.13%	9.68%	3.73%	34.15%	34.16%	59.75%
Pretax Margin	12.52%	13.82%	7.38%	40.87%	43.85%	59.71%
Profit Margin	8.43%	9.38%	5.38%	35.30%	38.13%	37.35%
FCF Margin	-50.72%	-0.83%	112.96%	-102.53%	-184.04%	-67.64%

Valuation

Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Oct '26 Oct 19, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
PE Ratio	75.04	57.82	105.03	11.11	20.86	15.60
Forward PE	-	12.50	12.50	12.50	12.50	14.06
P/FCF Ratio	-	-	5.01	-	-	-
PS Ratio	6.61	5.42	5.66	3.92	7.95	5.83