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Freedom Holding FRHC Bank — Insurance claims and policyholder benefits, net of reinsurance

Other segment segments

Insurance
$259.31M-0.5%
Brokerage
$0
Other
$0

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Other financials

Income statement

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Revenue$503.1M+68.6%
Gross profit$477.9M+67.1%
Net income$8.0M
EPS (diluted)$0.13

Balance sheet

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Cash & equivalents$966.1M-41.3%
Total debt$48.8M+20.5%
Total equity$1.5B+21.6%
Total assets$13.2B+32.7%

Cash flow

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Operating cash flow$717.8M
CapEx$23.0M-15.8%
Free cash flow-$1.6B-220%

Valuation

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Market cap$9.52B-18.2%
Enterprise value$8.6B-14.1%
P/E62.1×
P/S4.3×-1.2×

Profitability

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Gross margin96.4%-2.1pp
Operating margin-28%
Net margin7%
FCF margin-0.6%

Returns & leverage

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Return on equity11.3%
Debt / equity0.0×
Current ratio

Where this comes from

Reported directly by Freedom Holding in its filing.

Tagged under the XBRL concept frhc:InsuranceClaimsAndPolicyholderBenefitsNetOfReinsurance.

The source filing: Freedom Holding’s 10-K, filed June 1, 2026.

Filed
Jun 1, 2026, 4:21 PM EDT
Fiscal year
FY2026
Accession
0000924805-26-000012
Line itemYears ended March 31,Years ended March 31,Years ended March 31,Years ended March 31,Years ended March 31,Years ended March 31,
Expense:
Fee and commission expense218,565346,502154,716
Interest expense489,036535,895501,111
Insurance claims and policyholder benefits, net of reinsurance259,309260,488117,273
Payroll and bonuses426,471287,347180,283
Professional services46,25828,92434,238
Stock compensation expense68,04759,59222,719
Advertising and sponsorship expense (including $27,151,$18,497, and — from related parties)103,304124,62738,327

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Freedom Holding's bank — insurance claims and policyholder benefits, net of reinsurance?
Freedom Holding (FRHC) reported bank — insurance claims and policyholder benefits, net of reinsurance of $0 in Q1 2026.
What does bank — insurance claims and policyholder benefits, net of reinsurance mean?
The total costs incurred by the insurance operations within the banking segment related to policyholder claims and benefits, adjusted for reinsurance recoveries. This measures the direct cost of the insurance products provided.

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