What is Freedom Holding's market cap?

Freedom Holding (FRHC) has a market capitalization of $10.9B and trades on NASDAQ.

What is Freedom Holding's revenue and profitability?

Freedom Holding generated $2.4B in trailing twelve-month revenue with net income of $154.6M, representing a net margin of 6.5%. Gross margin stands at 95.8%, with free cash flow of -$888.8M. These figures are based on the Q2 2026 filing.

Who are Freedom Holding's competitors?

Freedom Holding's key competitors include Interactive Brokers, Oppenheimer & Co., Fidelity National Information Services, Inc., and others. These companies compete in similar markets and product categories.

Who does Freedom Holding partner with?

Freedom Holding's notable partners include NVIDIA Corporation, Visa, Mastercard, and others.

What subsidiaries does Freedom Holding have?

Freedom Holding's subsidiaries include Freedom Bank Kazakhstan JSC, Freedom Finance Europe Limited, Prime Executions, Inc., and others.

Where is Freedom Holding headquartered?

Freedom Holding is headquartered in Kazakhstan and employs approximately 6,197 people. It has been publicly traded since 1994.

Freedom Holding (FRHC) Stock Fundamentals & Financials

Freedom Holding Corp. is a diversified financial services holding company that provides a digital-first ecosystem of brokerage, banking, and insurance services.

Market cap

$10.87B+2.0%

Revenue$2.4B+15.3%

Net income$154.6M-41.6%

Free cash flow-$888.8M-135%

EPS (diluted)$2.53-42.0%

Trailing twelve months · change vs. prior year

Earnings

Q1 2027 report

August 10, 2026

Revenue$135.2MBeat by $11.0M EPS$0.52Miss by $0.35

Read the full report

Next report

Nov 6, 2026 (in 2 months)

Revenue estimate$124.1M

EPS estimate$0.87

Financials

Q1 2027

Income statement

See full

Revenue$732.5M+39.8%

Gross profit$697.3M+36.7%

Net income$31.7M-15.2%

EPS (diluted)$0.52-14.8%

Balance sheet

See full

Cash & equivalents$2.8B+69.2%

Total debt$63.0M+53.5%

Total equity$1.5B+24.9%

Total assets$14.0B+45.0%

Cash flow

See full

Operating cash flow-$341.6M-171%

CapEx$79.1M+200%

Free cash flow-$420.8M-193%

Valuation & ratios

Valuation

See full

Market cap$10.87B+2.0%

Enterprise value$8.1B-10.2%

P/E70.3×—

P/S4.6×-0.6×

Profitability

See full

Gross margin95.8%-2.3pp

Net margin6.5%—

FCF margin-37.2%—

Returns & leverage

See full

Return on equity11.2%—

Debt / equity0×0.0×

Segments

By segment

See full

Other$41.5M+141%

Banking-—

Brokerage-—

Insurance-—

Competitors

By market cap

Intercontinental Exchange$90.9B-10.4%

Interactive Brokers Group, Inc.$44.0B+59.8%

Fidelity National Information Services$21.0B-42.5%

Freedom Holding$10.9B+2.0%

BGC Group, Inc.$5.7B+18.8%

AllianceBernstein$3.4B-22.4%

Oppenheimer Holdings$1.2B+65.3%

RIL

BRC Group Holdings, Inc.$285.0M+66.6%

By revenue growth

BGC Group, Inc.+27.6%

Interactive Brokers Group, Inc.+19.4%

Oppenheimer Holdings+18.5%

Fidelity National Information Services+18.3%

Freedom Holding+15.3%

Intercontinental Exchange+7.0%

By net margin

Interactive Brokers Group, Inc.71.34%-12.7pp

Intercontinental Exchange30.08%+6.2pp

Fidelity National Information Services27.64%+26.6pp

Freedom Holding6.47%-6.3pp

BGC Group, Inc.6.04%+0.3pp

Oppenheimer Holdings5.66%+0.4pp

Profile

Freedom Holding Corp. is a diversified financial services holding company that provides a digital-first ecosystem of brokerage, banking, and insurance services. The company democratizes access to international capital markets for retail customers while integrating lifestyle services like e-commerce, telecommunications, and media. Its core value proposition lies in a unified technological infrastructure that enables seamless cross-border financial transactions and data-driven customer engagement.

Competitive position

A leading digital financial ecosystem in Central Asia with a niche edge in providing emerging market investors access to U.S. capital markets.

GeographiesKazakhstan, United States, Cyprus, European Union, Central Asia, United Arab Emirates

Customer segmentsRetail investors, Mass-affluent consumers, SMEs, Institutional clients

Business modelTransaction-based brokerage, Interest income lending, Insurance premiums, Ecosystem platform

SuppliersGlobal stock exchanges, Cloud infrastructure providers, Payment networks (Visa, Mastercard), Government data registries, Hardware suppliers (NVIDIA)

CustomersRetail brokerage clients, Banking depositors, SME borrowers, Insurance policyholders, Institutional investment banking clients

CountryKazakhstan

Listed1994

Employees6.2K

CEOTimur Ruslanovich Turlov

SectorFinancial Services

IndustryFinancial - Capital Markets

Websitefreedomholdingcorp.com

FilingsSEC EDGAR

FAQ

What is Freedom Holding's market cap?: Freedom Holding (FRHC) has a market capitalization of $10.9B and trades on NASDAQ.
What is Freedom Holding's revenue and profitability?: Freedom Holding generated $2.4B in trailing twelve-month revenue with net income of $154.6M, representing a net margin of 6.5%. Gross margin stands at 95.8%, with free cash flow of -$888.8M. These figures are based on the Q2 2026 filing.
Who are Freedom Holding's competitors?: Freedom Holding's key competitors include Interactive Brokers, Oppenheimer & Co., Fidelity National Information Services, Inc., and others. These companies compete in similar markets and product categories.
Who does Freedom Holding partner with?: Freedom Holding's notable partners include NVIDIA Corporation, Visa, Mastercard, and others.
What subsidiaries does Freedom Holding have?: Freedom Holding's subsidiaries include Freedom Bank Kazakhstan JSC, Freedom Finance Europe Limited, Prime Executions, Inc., and others.
Where is Freedom Holding headquartered?: Freedom Holding is headquartered in Kazakhstan and employs approximately 6,197 people. It has been publicly traded since 1994.

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