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Freedom Holding FRHC Insurance — Net gain on foreign exchange operations

Other segment segments

Bank
$38.7M-13.3%
Other
-$9.09M-405%
Brokerage
-$2.16M

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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$8.81B+10.6%
Enterprise value$7.89B+24.0%
P/E57.4×
P/S0.0×

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 us-gaap:ForeignCurrencyTransactionGainLossBeforeTax.

The official record: Freedom Holding’s 10-Q, filed February 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Freedom Holding's insurance — net gain on foreign exchange operations?
Freedom Holding (FRHC) reported insurance — net gain on foreign exchange operations of -$283K in Q4 2025.
How has Freedom Holding's insurance — net gain on foreign exchange operations changed year-over-year?
Freedom Holding's insurance — net gain on foreign exchange operations decreased by 112.3% year-over-year, from $2.3M to -$283K.
What is the long-term trend for Freedom Holding's insurance — net gain on foreign exchange operations?
Over 2 years (2022 to 2024), Freedom Holding's insurance — net gain on foreign exchange operations has grown at a -15.1% compound annual growth rate (CAGR), from $1.81M to -$1.31M.
What does insurance — net gain on foreign exchange operations mean?
The net profit or loss resulting from fluctuations in foreign currency exchange rates related to the insurance segment's international assets and liabilities. This captures the impact of currency volatility on the segment's financial results.