Freedom Holding (FRHC) Cost of Revenue (2019 - 2026)

Freedom Holding has reported Cost of Revenue for 8 years, with the latest figure at $35.8 million in Q1 2026.

• Quarterly Cost of Revenue fell 56.07% year-over-year to $35.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $161.2 million (down 12.88% YoY) and the FY2026 annual result came in at $218.6 million, down 36.92% from the prior year.
• Cost of Revenue advanced to $35.8 million in Q1 2026 per FRHC's latest filing, from $25.3 million in the prior quarter.
• Over five years, Cost of Revenue peaked at $93.9 million in Q4 2024 and troughed at -$85.6 million in Q1 2024.
• A 5-year average of $22.8 million and a median of $24.7 million in 2022 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2023 and 2025: Cost of Revenue plunged 343.56% in 2023, then soared 1881.12% in 2025.
• Over 5 years, Cost of Revenue stood at $18.3 million in 2022, then soared by 133.8% to $42.8 million in 2023, then jumped by 119.36% to $93.9 million in 2024, then plunged by 73.01% to $25.3 million in 2025, then jumped by 41.4% to $35.8 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $35.8 million, $25.3 million, and $15.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.