Freedom Holding Corp. Reports Financial Results for the Nine Months and Quarter Ended December 31, 2025
MWN-AI** Summary
Freedom Holding Corp. (NASDAQ: FRHC) reported impressive financial results for the quarter and nine months ending December 31, 2025, showcasing significant growth in both assets and shareholder equity. Total assets surged 25% year-over-year to $12.38 billion, driven primarily by an expansion of the company's investment portfolio and increased client balances in brokerage accounts.
Key financial highlights for the nine-month period included an operating cash flow of $1.73 billion, a rise in total shareholders' equity to $1.40 billion (up from $1.21 billion), and a net income of $76.2 million for the third quarter. Diluted earnings per share were reported at $1.25 for the quarter and $2.38 for the nine-month period, underscoring the company's effective management and robust financial health.
Revenue for the quarter reached $628.6 million, with total revenue for the nine-month period hitting $1.69 billion. This diverse revenue stream stemmed from interest income, brokerage and commission revenues, and insurance premiums, reflecting sustained customer activity across the company's various segments amidst varying market conditions.
The company also experienced notable customer growth during the reporting period, with banking customers increasing from 2.5 million to 4.5 million and brokerage clients growing by over 20%. This growth was fueled by the company's innovative digital offerings and the robust expansion of its financial ecosystem.
Timur Turlov, Chairman and CEO, emphasized the success of their strategy to create a comprehensive digital ecosystem, which now boasts over 7 million users. The company aims to leverage this platform for further expansion, with plans to grow its presence in new markets, reinforced by partnerships with global technology leaders like NVIDIA and Amazon.
Overall, Freedom Holding Corp. continues to position itself as a dynamic player in the financial services industry, illustrating its commitment to growth and innovation.
MWN-AI** Analysis
Freedom Holding Corp. (NASDAQ: FRHC) has showcased impressive financial results for the nine months and quarter ended December 31, 2025, reflecting robust growth and expansion in its diversified financial services and technology offerings. The company's total assets increased by a notable 25%, reaching $12.38 billion, driven by a growing investment portfolio and an expanded client base in its brokerage accounts. This uptrend in assets is a strong indicator of increasing market confidence and operational efficiency.
Key financial metrics are equally compelling: the company generated operating cash flow of $1.73 billion and reported net income of $76.2 million for the third quarter. The diluted earnings per share of $1.25 for the quarter and $2.38 for the nine-month period highlight profitability, enhancing investor sentiment. Additionally, cash and cash equivalents significantly rose to $3.51 billion, cementing the company’s liquidity position.
The strategic focus on customer growth has yielded remarkable results, with the banking customer base expanding from 2.5 million to 4.5 million in just nine months, and a 20% increase in the brokerage segment. This growth is attributed to enhanced digital offerings and the development of a comprehensive financial ecosystem, which integrates various financial services with everyday needs—a strategy that resonates well with contemporary consumer behavior.
Given these factors, investors should consider the potential of Freedom Holding Corp. as it continues to innovate and expand across multiple markets and services. The company's established presence in key regions, coupled with its robust financial performance, may present attractive investment opportunities. However, investors should remain cautious of market fluctuations and unexpected geopolitical developments in the regions where the company operates. A balanced approach—monitoring market trends while recognizing Freedom's growth potential—may yield favorable returns in the near future.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
PR Newswire
NEW YORK, Feb. 10, 2026 /PRNewswire/ -- Freedom Holding Corp. (NASDAQ: FRHC), a diversified financial services and technology group, today announced financial results for the three and nine months ended December 31, 2025, reflecting growth in assets and shareholders' equity, strong operating cash flow generation, and continued expansion of its customer base across core business segments.
The holding company's total assets at the end of the third quarter amounted to $12.38 billion, which is 25% higher than at the end of the previous fiscal year - $9.91 billion. The growth in assets was driven by the expansion of the company's own investment portfolio and an increase in client balances in brokerage accounts.
Key Financial Highlights
- For the nine months ending 31 December 2025, operating cash flow reached $1.73 billion
- Total shareholders' equity rose to $1.40 billion, up from $1.21 billion at the end of the prior fiscal year.
- Net income for the 3Q FY2026 was $76.2 million.
- Diluted earnings per share (EPS) were $1.25 for the quarter and $2.38 for the nine-month period.
Cash flow and liquidity
During the nine-month period, net cash provided by operating activities totaled $1.73 billion. This was driven primarily by growth in customer funds held in brokerage accounts, as well as a reduction in margin-related balances.
As of 31 December 2025, cash, cash equivalents, and restricted cash stood at $3.51 billion, compared to $1.64 billion at the start of the financial year.
Revenue and operating performance
Total revenue for the three months ending 31 December 2025 amounted to $628.6 million, driven by interest income, brokerage and commission revenues, and insurance premiums. Revenue for the nine-month period totaled $1.69 billion. This diversified revenue mix reflects continued customer activity across the brokerage, banking, and insurance segments, providing stability in the face of fluctuating market conditions.
Customer Growth and Business Development
Freedom Holding Corp. continued to scale its platform during the reporting period. The number of banking customers increased from 2.5 million to 4.5 million over nine months, while the brokerage customer base grew by more than 20%. Growth was supported by expanded digital offerings and continued development of the company's financial and non-financial ecosystem.
The company demonstrated the effectiveness of its diversified business model across financial, insurance, and technology segments.
"We continue to develop our digital ecosystem by integrating traditional brokerage and banking with everyday consumer services. This ecosystem supports a wide range of use cases, from daily purchases such as groceries and tickets to transactions involving complex investment instruments. The strategy we adopted several years ago - to build a trusted operating environment rather than a simple marketplace - is delivering results. More than 7 million customers now use our platform. Our SuperApp is the most downloaded application in Kazakhstan, with plans for expansion into additional markets. Global technology leaders, including NVIDIA, Amazon, and Microsoft, are participating in our projects," said Timur Turlov, Chairman of the Board of Directors and Chief Executive Officer of Freedom Holding Corp.
About Freedom Holding Corp.
Freedom Holding Corp. provides financial services in?21?countries, including Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, and Armenia. The Company's principal executive office is located in New York City. In Kazakhstan, Freedom is actively developing its financial and digital ecosystem, which includes Freedom Bank, Freedom Broker, the insurance companies Freedom Life and Freedom insurance, as well as a lifestyle segment that features Arbuz.kz, Freedom Ticketon, and Aviata. Freedom Holding Corp. shares are traded on the U.S. technology exchange NASDAQ, the Kazakhstan Stock Exchange (KASE), and the Astana International Exchange (AIX) under the ticker symbol FRHC. Freedom Holding Corp. is regulated by the U.S. Securities and Exchange Commission (SEC) and the common stock is included in Russell 3000 Index.
Contact:
Head of Public Relations
Natalia Kharlashina
Freedom Holding Corp.
[email protected]
+77013641454
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SOURCE Freedom Holding Corp.
FAQ**
What strategies has Freedom Holding Corp. FRHC implemented to achieve a 25% growth in total assets, increasing from $9.91 billion to $12.38 billion by December 32025?
How does the increase in diluted earnings per share (EPS) to $1.for the quarter relate to the overall growth in net income to $76.2 million for Freedom Holding Corp. FRHC?
Given the substantial rise in cash and cash equivalents to $3.51 billion, what plans does Freedom Holding Corp. FRHC have for utilizing this liquidity to further diversify its revenue mix?
How has the expansion of the customer base, particularly the increase of banking customers from 2.5 million to 4.5 million, impacted Freedom Holding Corp. FRHC’s operational strategy and revenue growth?
**MWN-AI FAQ is based on asking OpenAI questions about Freedom Holding Corp. (NASDAQ: FRHC).
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