Freedom Holding Corp (FRHC) Q4 2025 earnings summary

Executive summary

• Revenue grew 23% year-over-year to $2.05 billion, driven by brokerage, insurance, and higher interest income.

• Total assets reached $9.9 billion, with strong customer growth across all sectors.

• Strategic focus on building a unified digital ecosystem integrating financial and lifestyle services.

Financial highlights

• Fee and commission income rose 15% to $505.0 million, with brokerage services income up 29% to $430.1 million.

• Interest income increased 4% to $864.5 million, with margin loan interest up 21% and customer loan interest up 18%.

• Net income was $84.5 million; basic EPS $1.43, diluted EPS $1.40, down from $6.37 and $6.33, respectively, in fiscal 2024.

• Brokerage accounts grew 29% to 683,000; active accounts surged 57% to over 151,000.

• Bank clients more than doubled to 2.5 million; insurance customers reached 1.17 million.

Outlook and guidance

• Continued investment in technology, AI, and product personalization to deepen customer experience.

• Ongoing expansion into new regions and development of the Freedom SuperApp ecosystem.