Freedom Holding (FRHC) Gross Margin (2019 - 2026)
Freedom Holding (FRHC) posted Gross Margin of 98.31% for Q1 2026, up 654.11% sequentially from 13.04% in Q4 2025, and up 2565.0% YoY from 3.69% in Q1 2025.
Freedom Holding (FRHC) Gross Margin (2019 - 2026) Analysis & Trends
Freedom Holding has reported Gross Margin for 8 years, with the latest figure at 98.31% in Q1 2026.
- Quarterly Gross Margin rose 2565.0% year-over-year to 98.31% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 94.98% (up 869.0% YoY) and the FY2026 annual result came in at 90.03%, up 731.0% from the prior year.
- Gross Margin advanced to 98.31% in Q1 2026 per FRHC's latest filing, from 13.04% in the prior quarter.
- Over five years, Gross Margin peaked at 125.83% in Q1 2023 and troughed at 768.49% in Q4 2024.
- A 5-year average of 37.64% and a median of 90.93% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin slumped 85826 bps in 2024, then surged 78153 bps in 2025.
- Over 5 years, Gross Margin stood at 91.44% in 2022, then retreated by 2 bps to 89.77% in 2023, then sank by 956 bps to 768.49% in 2024, then surged by 102 bps to 13.04% in 2025, then soared by 654 bps to 98.31% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 98.31%, 13.04%, and 97.12% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 43.06 Bn | 29.24 Bn | 4.68 Bn | 85.10% |
| 2 | Freedom Holding | 10.26 Bn | 10.26 Bn | 697.28 Mn | 95.19% |
| 3 | Voya Financial | 8.87 Bn | 6.52 Bn | 1.34 Bn | 70.46% |
| 4 | Hilltop Holdings | 2.22 Bn | 230.23 Mn | 41.62 Mn | 94.17% |
| 5 | LendingTree | 430.68 Mn | 319.91 Mn | 88.82 Mn | 28.34% |
| 6 | BRC Group Holdings | 268.84 Mn | 114.72 Mn | 207.76 Mn | 86.88% |
| 7 | Teamshares | 61.12 Mn | 61.12 Mn | 61.42 Mn | 41.31% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 95.19% |
| Mar 31, 2026 | 98.31% |
| Dec 31, 2025 | 13.04% |
| Sep 30, 2025 | 97.12% |
| Jun 30, 2025 | 84.09% |
| Mar 31, 2025 | 72.66% |
| Dec 31, 2024 | -768.49% |
| Sep 30, 2024 | 99.11% |
| Jun 30, 2024 | 99.06% |
| Mar 31, 2024 | 92.55% |
| Dec 31, 2023 | 89.77% |
| Sep 30, 2023 | 92.74% |
| Jun 30, 2023 | 90.93% |
| Mar 31, 2023 | 125.83% |
| Dec 31, 2022 | 91.44% |
| Sep 30, 2022 | 89.76% |
| Jun 30, 2022 | 86.48% |
| Mar 31, 2022 | 85.47% |
| Dec 31, 2021 | 77.23% |
| Sep 30, 2021 | 92.87% |