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Segments

By segment

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Other$28.41M+324%
Bank$19.47M+69.5%
Brokerage$13.11M+51.8%
Insurance$2.4M+369%

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 us-gaap:GeneralAndAdministrativeExpense.

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,
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
General and administrative expense222,339162,474120,888
Allowance for expected credit losses52,36562,44521,225
Cost of sales79,63231,27817,538
TOTAL EXPENSE1,965,3261,899,5721,208,318
INCOME BEFORE INCOME TAX225,965104,583438,938

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Freedom Holding's G&A?
Freedom Holding (FRHC) reported G&A of $63.39M in Q1 2026.
How has Freedom Holding's G&A changed year-over-year?
Freedom Holding's G&A increased by 131.9% year-over-year, from $27.33M to $63.39M.
What is the long-term trend for Freedom Holding's G&A?
Over 4 years (2022 to 2026), Freedom Holding's G&A has grown at a 75.3% compound annual growth rate (CAGR), from $23.53M to $222.34M.
What does G&A mean?
Overhead costs not directly tied to production or sales — corporate management, legal, accounting, office rent, insurance, and other administrative functions.

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