Freedom Holding Corp. Reports 17% Revenue Growth in Q1 FY2026

Freedom Holding Corp. (FRHC) announced unaudited financial results for Q1 FY2026, showcasing a 17% year-over-year revenue increase to $533.4 million. The growth was driven by robust performance in banking and insurance segments, with banking revenue surging 60% to $146.2 million and insurance revenue climbing 18% to $174 million.

CEO Timur Turlov highlighted the company's strategic investments in technology and expansion into key markets like Central Asia and Europe. Freedom Bank Kazakhstan's customer base grew to 2.9 million, while the insurance segment now serves 1.4 million clients.

The firm reported net income of $30.4 million ($0.50 per diluted share) and operating cash FLOW of $480.8 million. Total assets stood at $9.69 billion, with shareholders' equity reaching $1.23 billion.