Freedom Holding Corp. filed its Form 10-Q for the quarterly period ended June 30, 2026 with the U.S. Securities and Exchange Commission, reporting net income of $31,660 thousand and total assets of $14,046,883 thousand for the three months ended June 30, 2026.

Key Highlights

  • Total revenue, net: $732,527 thousand for the three months ended June 30, 2026, compared to $523,981 thousand in the same period of 2025.
  • Net income: $31,660 thousand for the three months ended June 30, 2026, down from $37,356 thousand in the prior-year period.
  • Total assets: $14,046,883 thousand as of June 30, 2026, compared to $13,155,239 thousand as of March 31, 2026.
  • Basic earnings per share: $0.52 for the three months ended June 30, 2026, versus $0.62 in the same period of 2025.
  • Total shareholders' equity: $1,535,276 thousand as of June 30, 2026, up from $1,489,279 thousand as of March 31, 2026.
  • Shares outstanding: 63,787,666 shares of common stock as of August 7, 2026, according to the filing.

Freedom Holding Corp. Revenue Growth and Expense Increases in the June 2026 Quarter

According to the filing, Freedom Holding Corp. (Nasdaq Capital Market: FRHC) reported total revenue, net of $732,527 thousand for the three months ended June 30, 2026, an increase from $523,981 thousand in the comparable prior-year period. The company disclosed that revenue components included interest income of $295,106 thousand, net insurance revenue of $124,175 thousand, fee and commission income of $156,734 thousand, net gain on trading securities of $79,778 thousand, sales of goods and services of $41,510 thousand, net gain on foreign exchange operations of $13,726 thousand, net gain on derivatives of $9,853 thousand, and other income of $11,645 thousand.

Total expenses rose to $691,693 thousand from $476,506 thousand in the prior-year quarter, the filing disclosed. Notable expense items included interest expense of $177,563 thousand, insurance claims and policyholder benefits net of reinsurance of $131,582 thousand, payroll and bonuses of $153,127 thousand, and general and administrative expense of $76,205 thousand. Income before income tax was $40,834 thousand, and after recording income tax expense of $9,174 thousand, net income attributable to common shareholders was $31,660 thousand, compared to $37,356 thousand in the three months ended June 30, 2025.

On the balance sheet, the company reported cash and cash equivalents of $1,351,050 thousand and investment securities of $4,182,982 thousand as of June 30, 2026. Total liabilities were $14,046,883 thousand -- correction per the filing: total liabilities were $12,511,607 thousand. The filing also noted an unsettled liability arising from a private placement of $300,000 thousand as of June 30, 2026, which carried no comparable balance as of March 31, 2026. Comprehensive income attributable to common shareholders was $22,531 thousand, reflecting other comprehensive loss of $9,129 thousand, which included foreign currency translation adjustments of ($4,400) thousand.

What Was Disclosed

Freedom Holding Corp. disclosed its unaudited condensed consolidated financial statements for the quarter ended June 30, 2026, covering revenue, expenses, net income, balance sheet positions, cash flows, and shareholders' equity, with comparative figures for the prior-year period.