Growth Metrics

Freedom Holding (FRHC) Change in Taxes (2015 - 2025)

Freedom Holding recorded quarterly Change in Taxes of -$1.6 million in Q4 2025, down 111.78% quarter-over-quarter from $13.2 million in Q3 2025, and down 107.61% year-over-year from $20.4 million in Q4 2024.

Freedom Holding's Change in Taxes history runs 11 years deep, the most recent figure standing at -$1.6 million for Q4 2025.

  • In Q4 2025, Change in Taxes fell 107.61% year-over-year to -$1.6 million; the TTM figure through Dec 2025 stood at $2.6 million (down 87.48% YoY), while the FY2025 annual figure was -$4.1 million, down 114.39% from the prior year.
  • Change in Taxes came in at -$1.6 million for Q4 2025 at Freedom Holding, down from $13.2 million in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of $20.4 million in Q4 2024 to a low of -$19.3 million in Q1 2025.
  • A 5-year average of $2.3 million and a median of $5.2 million in 2023 frame the typical range for Change in Taxes.
  • Across the five-year window, Change in Taxes jumped 1947.0% in 2021 and tumbled 466.27% in 2025, its largest moves.
  • Freedom Holding's Change in Taxes stood at -$13.3 million in 2021, then plunged by 43.77% to -$19.1 million in 2022, then soared by 127.25% to $5.2 million in 2023, then soared by 292.39% to $20.4 million in 2024, then sank by 107.61% to -$1.6 million in 2025.
  • According to Business Quant data, Change in Taxes over the past three periods registered -$1.6 million, $13.2 million, and $10.3 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Freedom Holding 8.88 Bn 8.01 Bn 603.27 Mn -1.55 Mn
2 Voya Financial 7.67 Bn 9.49 Bn 1.47 Bn -
3 Hilltop Holdings 2.21 Bn 2.24 Bn -2.46 Mn -
4 LendingTree 507.89 Mn 422.38 Mn 88.70 Mn 77,000.00
5 BRC Group Holdings 323.63 Mn 380.44 Mn 319.70 Mn -
6 Orix - - 5.07 Bn 4.39 Bn

Historic Data

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DateValue
Dec 31, 2025 -1.55 Mn
Dec 31, 2025 -1.55 Mn
Sep 30, 2025 13.19 Mn
Sep 30, 2025 13.19 Mn
Jun 30, 2025 10.28 Mn
Jun 30, 2025 10.28 Mn
Mar 31, 2025 -19.35 Mn
Mar 31, 2025 -19.35 Mn
Dec 31, 2024 20.41 Mn
Dec 31, 2024 20.41 Mn
Sep 30, 2024 -12.64 Mn
Sep 30, 2024 -12.64 Mn
Jun 30, 2024 7.49 Mn
Jun 30, 2024 7.49 Mn
Mar 31, 2024 5.28 Mn
Mar 31, 2024 5.28 Mn
Dec 31, 2023 5.20 Mn
Dec 31, 2023 5.20 Mn
Sep 30, 2023 6.75 Mn
Sep 30, 2023 6.75 Mn
Jun 30, 2023 11.20 Mn
Jun 30, 2023 11.20 Mn
Mar 31, 2023 4.54 Mn
Mar 31, 2023 4.54 Mn
Dec 31, 2022 -19.09 Mn
Dec 31, 2022 -19.09 Mn
Sep 30, 2022 -4.71 Mn
Sep 30, 2022 -4.71 Mn
Jun 30, 2022 9.25 Mn
Jun 30, 2022 9.25 Mn
Mar 31, 2022 -6.05 Mn
Mar 31, 2022 -6.05 Mn
Dec 31, 2021 -13.28 Mn
Dec 31, 2021 -13.28 Mn
Sep 30, 2021 14.68 Mn
Sep 30, 2021 14.68 Mn
Jun 30, 2021 5.01 Mn
Jun 30, 2021 5.01 Mn
Mar 31, 2021 9.46 Mn
Mar 31, 2021 9.46 Mn
Sep 30, 2020 717,000.00
Sep 30, 2020 717,000.00
Jun 30, 2020 3.13 Mn
Jun 30, 2020 3.13 Mn
Mar 31, 2020 1.25 Mn
Mar 31, 2020 1.25 Mn
Dec 31, 2019 -2.45 Mn
Dec 31, 2019 -2.45 Mn
Sep 30, 2019 1.01 Mn
Sep 30, 2019 1.01 Mn
Jun 30, 2019 844,000.00
Jun 30, 2019 844,000.00
Mar 31, 2019 673,000.00
Mar 31, 2019 673,000.00
Dec 31, 2018 -526,000.00
Dec 31, 2018 -526,000.00
Sep 30, 2018 607,000.00
Sep 30, 2018 607,000.00
Mar 31, 2018 -2,000.00
Mar 31, 2018 -2,000.00
Dec 31, 2017 4,000.00
Dec 31, 2017 4,000.00
Sep 30, 2017 7,000.00
Sep 30, 2017 7,000.00
Jun 30, 2017 -137,000.00
Jun 30, 2017 -137,000.00
Mar 31, 2017 286,000.00
Mar 31, 2017 286,000.00
Dec 31, 2016 9,000.00
Dec 31, 2016 9,000.00
Sep 30, 2016 -9,000.00
Sep 30, 2016 -9,000.00
Jun 30, 2016 -50,000.00
Jun 30, 2016 -50,000.00
Sep 30, 2015 -100.00
Sep 30, 2015 -100.00
Jun 30, 2015 100.00
Jun 30, 2015 100.00
Mar 31, 2015 100.00
Mar 31, 2015 100.00