Freedom Holding (FRHC) Cost of Revenue (2021 - 2026)

Freedom Holding has disclosed Cost of Revenue across 6 years of filings, most recently posting $25.2 million for Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 104.11% year-over-year to $25.2 million; the trailing twelve-month figure through Mar 2026 stood at $79.6 million (up 154.59% YoY), and the FY2026 full-year result was $79.6 million, up 154.59% from the prior year.
• Cost of Revenue was $25.2 million for Q1 2026 at Freedom Holding, roughly flat from $25.3 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $50.6 million in Q4 2022 and troughed at -$126.4 million in Q1 2023.
• The 5-year median for Cost of Revenue is $15.1 million (2025), against an average of $10.5 million.
• Year-over-year, Cost of Revenue plunged 605.06% in 2023 and soared 224.53% in 2025.
• Year by year, Cost of Revenue stood at $50.6 million in 2022, then slumped by 349.7% to -$126.4 million in 2023, then jumped by 107.43% to $9.4 million in 2024, then jumped by 170.0% to $25.3 million in 2025, then declined by 0.42% to $25.2 million in 2026.
• Per Business Quant, the three latest FRHC Cost of Revenue figures stand at $25.2 million (Q1 2026), $25.3 million (Q4 2025), and $15.1 million (Q3 2025).