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| Date | Value |
|---|---|
| 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% |