# Freedom Holding Corp.: overview

FRHC · Nasdaq · CIK 924805 · [Financials](/sectors/financials.md) · fiscal year ends Mar 31

Pages: [Overview](/companies/frhc.md) · [Financials](/companies/frhc/financials.md) · [Filings](/companies/frhc/filings.md) · [Insiders](/companies/frhc/insiders.md)

Latest reported revenue: [$732.5m](/filings/0000924805-26-000047.md) for Q1 FY2027, three months to 2026-06-30, from the 10-Q filed Aug 10, 2026 (XBRL us-gaap:Revenues, accession 0000924805-26-000047).

## Last eight quarters

| Line item | Unit | Q2 FY2025 (2024-09-30) | Q3 FY2025 (2024-12-31) | Q4 FY2025 (2025-03-31) | Q1 FY2026 (2025-06-30) | Q2 FY2026 (2025-09-30) | Q3 FY2026 (2025-12-31) | Q4 FY2026 (2026-03-31) | Q1 FY2027 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [586](/filings/0000924805-25-000041.md) | [665](/filings/0000924805-26-000006.md) | [298 d](/filings/0000924805-26-000012.md) | [524](/filings/0000924805-26-000047.md) | [526](/filings/0000924805-25-000041.md) | [629](/filings/0000924805-26-000006.md) | [503 d](/filings/0000924805-26-000012.md) | [733](/filings/0000924805-26-000047.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [19.6%](/filings/0000924805-25-000041.md) | [11.8%](/filings/0000924805-26-000006.md) | [(50.6%) d](/filings/0000924805-26-000012.md) | [7.1%](/filings/0000924805-26-000047.md) | [7.4%](/filings/0000924805-25-000041.md) | [12.1%](/filings/0000924805-26-000006.md) | [1.6% d](/filings/0000924805-26-000012.md) | [4.3%](/filings/0000924805-26-000047.md) |
| Diluted EPS | $ per share | [1.89](/filings/0000924805-25-000041.md) | [1.29](/filings/0000924805-26-000006.md) | not reported | [0.61](/filings/0000924805-26-000047.md) | [0.63](/filings/0000924805-25-000041.md) | [1.25](/filings/0000924805-26-000006.md) | not reported | [0.52](/filings/0000924805-26-000047.md) |
| Free cash flow | $m | [(447) d](/filings/0000924805-25-000041.md) | [(92.7) d](/filings/0000924805-26-000006.md) | [1,310 d](/filings/0000924805-26-000012.md) | [454](/filings/0000924805-26-000047.md) | [452 d](/filings/0000924805-25-000041.md) | [652 d](/filings/0000924805-26-000006.md) | [(1,572) d](/filings/0000924805-26-000012.md) | [(421)](/filings/0000924805-26-000047.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 6-month figure less the 3-month figure; 9-month figure less the 6-month figure; 12-month figure less the 9-month figure.

## Last five fiscal years

| Line item | Unit | FY2022 (2022-03-31) | FY2023 (2023-03-31) | FY2024 (2024-03-31) | FY2025 (2025-03-31) | FY2026 (2026-03-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [690](/filings/0000924805-24-000041.md) | [799](/filings/0000924805-25-000012.md) | [1,647](/filings/0000924805-26-000012.md) | [2,004](/filings/0000924805-26-000012.md) | [2,191](/filings/0000924805-26-000012.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [33.0%](/filings/0000924805-24-000041.md) | [25.7%](/filings/0000924805-25-000012.md) | [23.0%](/filings/0000924805-26-000012.md) | [3.8%](/filings/0000924805-26-000012.md) | [7.0%](/filings/0000924805-26-000012.md) |
| Diluted EPS | $ per share | [3.84](/filings/0000924805-24-000041.md) | [3.45](/filings/0000924805-25-000012.md) | [6.39](/filings/0000924805-26-000012.md) | [1.26](/filings/0000924805-26-000012.md) | [2.51](/filings/0000924805-26-000012.md) |
| Free cash flow | $m | [(412)](/filings/0000924805-24-000041.md) | [(990)](/filings/0000924805-25-000012.md) | [(1,101)](/filings/0000924805-26-000012.md) | [1,600](/filings/0000924805-26-000012.md) | [(13.5)](/filings/0000924805-26-000012.md) |

- Revenue. XBRL Revenue: us-gaap:Revenues.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:Revenues.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:Revenues.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:Revenues.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/frhc/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $77.9m | 597,074 |  | Reduced −5,560 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $30.0m | 230,249 |  | Added +11,241 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $22.4m | 171,415 |  | Added +2,350 |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $14.9m | 115,495 |  | Added +5,938 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $14.2m | 109,215 |  | Reduced −8,400 |
| [SUSQUEHANNA INTERNATIONAL GROUP, LLP](/funds/1446194.md) | 2026-06-30 | $8.3m | 63,500 | Call | Added +49,800 |
| [NORTHERN TRUST CORP](/funds/73124.md) | 2026-06-30 | $7.0m | 53,805 |  | Added +508 |
| [UBS Group AG](/funds/1610520.md) | 2026-06-30 | $6.7m | 50,976 |  | Added +455 |
| [Bank of New York Mellon Corp](/funds/1390777.md) | 2026-06-30 | $6.3m | 48,292 |  | Added +2,000 |
| [JPMORGAN CHASE & CO](/funds/19617.md) | 2026-06-30 | $5.8m | 43,972 |  | Reduced −18,024 |

## Recent filings

[All 400 filings](/companies/frhc/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-09-18 | 16:03 ET | [SCHEDULE 13D/A](/filings/0000929638-26-003570.md) | Ownership report, active investor, amended | 0000929638-26-003570 |
| 2026-09-17 | 08:06 ET | [8-K](/filings/0000924805-26-000051.md) | 5.07 Shareholder vote results | 0000924805-26-000051 |
| 2026-08-10 | 07:04 ET | [10-Q](/filings/0000924805-26-000047.md) | Quarterly report, period 2026-06-30 | 0000924805-26-000047 |
| 2026-07-29 | 16:05 ET | [DEF 14A](/filings/0000924805-26-000041.md) | Proxy statement, period 2026-03-31 | 0000924805-26-000041 |
| 2026-07-10 | 16:16 ET | [8-K](/filings/0000924805-26-000028.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0000924805-26-000028 |
| 2026-07-10 | 16:10 ET | [8-K](/filings/0000924805-26-000026.md) | 3.02 Unregistered sale of equity; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000924805-26-000026 |
| 2026-06-29 | 16:10 ET | [8-K](/filings/0000924805-26-000020.md) | 5.02 Departure or appointment of officers or directors | 0000924805-26-000020 |
| 2026-06-12 | 16:15 ET | [8-K](/filings/0000924805-26-000015.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000924805-26-000015 |
| 2026-06-01 | 16:21 ET | [10-K](/filings/0000924805-26-000012.md) | Annual report, period 2026-03-31 | 0000924805-26-000012 |
| 2026-04-09 | 06:30 ET | [8-K](/filings/0000924805-26-000009.md) | 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0000924805-26-000009 |

## Latest annual report

[Form 10-K for the fiscal year ended Mar 31, 2026](/filings/0000924805-26-000012.md), filed Jun 1, 2026.

## Forecast league

Q2 FY2027, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/2682f71b-c668-4c2d-81b5-b6b1dce87ac0)

## About the filer

- CIK: 924805
- Tickers: FRHC
- Exchange: Nasdaq
- SIC code: 6211 Security Brokers, Dealers & Flotation Companies
- State of incorporation: NV
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 06:23 ET. No prices; not investment advice.