Growth Metrics

Freedom Holding (FRHC) Gross Margin (2021 - 2025)

Freedom Holding's Gross Margin history spans 4 years, with the latest figure at 95.97% for Q4 2025.

  • For Q4 2025, Gross Margin rose 8277.0% year-over-year to 95.97%; the TTM value through Dec 2025 reached 61.06%, down 12497.0%, while the annual FY2025 figure was 22.0%, N/A changed from the prior year.
  • Gross Margin for Q4 2025 was 95.97% at Freedom Holding, down from 97.12% in the prior quarter.
  • Across five years, Gross Margin topped out at 113.91% in Q1 2021 and bottomed at 13.19% in Q4 2024.
  • The 4-year median for Gross Margin is 85.26% (2022), against an average of 82.02%.
  • The largest annual shift saw Gross Margin tumbled -2865bps in 2022 before it skyrocketed 8277bps in 2025.
  • A 4-year view of Gross Margin shows it stood at 79.65% in 2021, then decreased by -4bps to 76.35% in 2022, then tumbled by -83bps to 13.19% in 2024, then soared by 627bps to 95.97% in 2025.
  • Per Business Quant, the three most recent readings for FRHC's Gross Margin are 95.97% (Q4 2025), 97.12% (Q3 2025), and 97.39% (Q2 2025).