Freedom Holding Corp. income statement
In fiscal 2026, Freedom Holding Corp. reported revenue of $2.19bn, up 9.3% on the year before and net income of $153m, or $2.51 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2011Mar 2011 | 2012Mar 2012 | 2013Mar 2013 | 2014Mar 2014 | 2015Mar 2015 | 2016Mar 2016 | 2017Mar 2017 | 2018Mar 2018 | 2019Mar 2019 | 2020Mar 2020 | 2021Mar 2021 | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 55 | 74 | 83 | 347 | 690 | 799 | 1,647 | 2,004 | 2,191 | 2,390 |
| Cost of revenue | — | — | — | — | — | — | — | — | — | — | — | — | 0 | 18 | 31 | 80 | 101 |
| Gross profit | — | — | — | — | — | — | — | — | — | — | — | — | 799 | 1,630 | 1,973 | 2,112 | 2,289 |
| General and administrative | 10 | 20 | 3 | 1 | 0 | 0 | 0 | — | — | — | 11 | 24 | 60 | 121 | 162 | 222 | 257 |
| Operating income | −16 | −24 | −3 | −2 | −0 | −0 | −1 | — | — | — | — | — | — | — | — | — | — |
| Interest expense | 6 | 4 | 0 | — | — | — | — | 14 | 15 | 10 | 22 | 77 | 209 | 501 | — | — | — |
| Net interest income | — | — | — | — | — | — | — | −6 | 15 | 12 | 16 | 45 | 86 | — | — | — | — |
| Provision for credit losses | — | — | — | — | — | — | — | — | — | — | — | — | — | 53 | 79 | 97 | — |
| Income before tax | — | — | — | −2 | −0 | −0 | −1 | — | −8 | 29 | 152 | 364 | 236 | 439 | 105 | 226 | 226 |
| Income tax | — | 0 | 0 | 0 | −0 | −0 | 0 | 0 | 1 | 5 | 23 | 39 | 43 | 60 | 28 | 73 | 72 |
| Net income | 5 | −139 | −3 | −2 | −0 | −0 | −1 | 19 | 7 | 25 | 150 | 227 | 205 | 379 | 76 | 153 | 155 |
| Diluted EPS | — | — | — | — | — | — | — | — | — | $0.43 | $2.56 | $3.84 | $3.45 | $6.39 | $1.26 | $2.51 | $2.53 |
| Diluted shares (average) | — | 7m | 7m | — | — | 31m | 35m | 33m | 58m | 58m | 58m | 59m | 60m | 59m | 60m | 61m | 61m |
| EBITDA | −16 | −24 | −3 | −1 | −0 | −0 | −1 | — | — | — | — | — | — | — | — | — | — |
| Quarter | 2025 Q2Sept 2024 | 2025 Q3Dec 2024 | 2025 Q4Mar 2025 | 2026 Q1Jun 2025 | 2026 Q2Sept 2025 | 2026 Q3Dec 2025 | 2026 Q4Mar 2026 | 2027 Q1Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 586 | 665 | 298 | 524 | 526 | 629 | 503 | 733 |
| Cost of revenue | 5 | 9 | 12 | 14 | 15 | 25 | 25 | 35 |
| Gross profit | 581 | 655 | 286 | 510 | 511 | 603 | 478 | 697 |
| General and administrative | 41 | 54 | 27 | 42 | 46 | 71 | 63 | 76 |
| Interest expense | 125 | 131 | — | — | — | — | — | — |
| Provision for credit losses | 14 | 30 | 26 | 25 | 20 | 17 | 35 | — |
| Income before tax | 128 | 98 | −164 | 47 | 60 | 94 | 31 | 41 |
| Income tax | 14 | 20 | −13 | 10 | 22 | 18 | 23 | 9 |
| Net income | 115 | 78 | −151 | 37 | 39 | 76 | 8 | 32 |
| Diluted EPS | $1.89 | $1.29 | −$2.50 | $0.61 | $0.63 | $1.25 | $0.13 | $0.52 |
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