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Freedom Holding FRHC Other — Insurance premiums earned, net of reinsurance

Other segment segments

Insurance
$106.92M-39.8%
Banking
$0
Brokerage
$0

Similar metrics at other companies

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EGInsurance — Underwriting gain (loss)
-$161M+87.1%
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EGReinsurance — Underwriting gain (loss)
$256M-10.5%
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SPNTReinsurance — Underwriting Income (Loss)
$19.6M-30.2%
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SPNTInsurance & Services — Underwriting Income (Loss)
$35.4M-10.4%
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EGReinsurance Treaty — Underwriting Income (Loss)
$315M+358%
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MCYOther — Underwriting gain (loss)
-$700K-75.0%

Other financials

Income statement

See full
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 us-gaap:UnderwritingIncomeLoss.

The source filing: Freedom Holding’s 10-Q, filed February 9, 2026.

Filed
Feb 9, 2026, 4:25 PM EST
Fiscal quarter
Q3 FY2026
Calendar quarter
Q4 2025
Accession
0000924805-26-000006
STATEMENT OF OPERATIONSBrokerageBankingInsuranceOtherTotal
Fee and commission income$132,194$(18,330)$12,225$126,089
Net (loss)/gain on trading securities(2,564)51,771(569)(5,160)43,478
Interest income79,620126,76419,8592,551228,794
Insurance premiums earned, net of reinsurance106,924106,924
Net (loss)/gain on foreign exchange operations(9,161)53,739(283)1,47945,774
Net gain on derivative8,5919,6318,31826,540
Sales of goods and services29,14829,148
Other income92311,9633,9435,04521,874

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Freedom Holding's other — insurance premiums earned, net of reinsurance?
Freedom Holding (FRHC) reported other — insurance premiums earned, net of reinsurance of $0 in Q4 2025.
What does other — insurance premiums earned, net of reinsurance mean?
The portion of insurance premiums recognized as revenue by the 'Other' segment after accounting for reinsurance cessions. This represents the core top-line performance of the segment's insurance underwriting activities.

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