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Freedom Holding FRHC Insurance — Net income before income tax

Other segment segments

Brokerage
$110.65M+51.3%
Other
-$90.07M-45.9%
Bank
$16.99M+111%

Similar metrics at other companies

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WRBInsurance — Pre-Tax Income
$524.66M+3.0%
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ONBInsurance — Net Income Loss
$1.93M+99.7%
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ALLYInsurance operations — Income (loss) from continuing operations before income tax expense
$28M+1,300%
Cincinnati Financial logo
CINFPersonal Insurance — Income ( Loss) Before Income Taxes
$30M+108%
W.R. Berkley logo
WRBInsurance — Pre-Tax Income (Loss)
$530.53M+5.2%
Cincinnati Financial logo
CINFLife Insurance Product Line — Income Before Income Taxes
$6M+20.0%

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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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 income before income tax?
Freedom Holding (FRHC) reported insurance — net income before income tax of $20.99M in Q4 2025.
How has Freedom Holding's insurance — net income before income tax changed year-over-year?
Freedom Holding's insurance — net income before income tax increased by 1246.5% year-over-year, from -$1.83M to $20.99M.
What is the long-term trend for Freedom Holding's insurance — net income before income tax?
Over 2 years (2022 to 2024), Freedom Holding's insurance — net income before income tax has grown at a 118.1% compound annual growth rate (CAGR), from $9.68M to $46.04M.
What does insurance — net income before income tax mean?
Pre-tax profit specifically generated by the insurance business segment.
How do you interpret insurance — net income before income tax?
Higher pre-tax income indicates strong operational performance and effective management of underwriting and investment activities.
How does insurance — net income before income tax compare across companies?
Standard segment profitability metric; used to compare the core earnings power of different business units.