Freedom Holding (FRHC) Gross Margin (2021 - 2026)

Freedom Holding (FRHC) posted quarterly Gross Margin of 101.59% for Q1 2026, up 84.0% year-over-year from 55.21% in Q1 2025, and up 679.22% sequentially from 13.04% in Q4 2025.

Freedom Holding (FRHC) Gross Margin (2021 - 2026) Analysis & Trends

Freedom Holding has disclosed Gross Margin across 6 years of filings, most recently posting 101.59% for Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 84.0% year-over-year to 101.59%; the trailing twelve-month figure through Mar 2026 stood at 107.82% (up 196.0% YoY), and the FY2026 full-year result was 18.28%, down 372.0% from the prior year.
  • Gross Margin was 101.59% for Q1 2026 at Freedom Holding, up from 13.04% in the prior quarter.
  • Over five years, Gross Margin peaked at 101.59% in Q1 2026 and troughed at 13.04% in Q4 2025.
  • The 5-year median for Gross Margin is 79.04% (2022), against an average of 75.55%.
  • On a YoY basis, Gross Margin climbed as much as 4069 bps in 2025 and fell as far as 8555 bps in 2025.
  • Year by year, Gross Margin stood at 76.35% in 2022, then increased by 2 bps to 77.7% in 2023, then climbed by 27 bps to 98.59% in 2024, then tumbled by 87 bps to 13.04% in 2025, then soared by 679 bps to 101.59% in 2026.
  • Per Business Quant, the three latest FRHC Gross Margin figures stand at 101.59% (Q1 2026), 13.04% (Q4 2025), and 97.12% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Voya Financial 8.51 Bn 10.33 Bn 1.47 Bn 72.23%
2 Freedom Holding 8.34 Bn 7.37 Bn -1.62 Bn 101.59%
3 Hilltop Holdings 2.27 Bn 2.30 Bn -2.46 Mn -211.99%
4 LendingTree 511.07 Mn 425.56 Mn 88.70 Mn 27.10%
5 BRC Group Holdings 276.39 Mn 333.20 Mn 319.70 Mn 90.81%
6 BRC Group Holdings - - 319.70 Mn 90.81%
7 BRC Group Holdings - - 319.70 Mn 90.81%
8 BRC Group Holdings - - 319.70 Mn 90.81%
9 Orix - - 5.07 Bn 86.32%
10 Voya Financial - - 1.47 Bn 72.23%

Historic Data

Download Data
DateValue
Mar 31, 2026 101.59%
Dec 31, 2025 13.04%
Sep 30, 2025 97.12%
Jun 30, 2025 19.28%
Mar 31, 2025 100.74%
Dec 31, 2024 98.59%
Sep 30, 2024 56.43%
Jun 30, 2024 99.06%
Mar 31, 2023 77.70%
Dec 31, 2022 76.35%
Sep 30, 2022 79.04%
Jun 30, 2022 77.97%
Mar 31, 2022 85.26%
Dec 31, 2021 77.23%
Sep 30, 2021 93.14%
Jun 30, 2021 84.37%
Mar 31, 2021 92.64%