Freedom Holding (FRHC) Operating Expenses (2010 - 2026)
Freedom Holding (FRHC) posted Operating Expenses of $472.1 million for Q1 2026, down 11.7% sequentially from $534.7 million in Q4 2025, and up 2.13% YoY from $462.3 million in Q1 2025.
Freedom Holding (FRHC) Operating Expenses (2010 - 2026) Analysis & Trends
Freedom Holding has reported Operating Expenses for 17 years, with the latest figure at $472.1 million in Q1 2026.
- Quarterly Operating Expenses rose 2.13% year-over-year to $472.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.0 billion (up 3.46% YoY) and the FY2026 annual result came in at $2.0 billion, up 3.46% from the prior year.
- Operating Expenses slipped to $472.1 million in Q1 2026 per FRHC's latest filing, from $534.7 million in the prior quarter.
- Over five years, Operating Expenses peaked at $566.2 million in Q4 2024 and troughed at $118.3 million in Q3 2022.
- A 5-year average of $340.7 million and a median of $368.8 million in 2024 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses jumped 154.43% in 2023, then fell 5.58% in 2025.
- Over 5 years, Operating Expenses stood at $162.5 million in 2022, then soared by 88.91% to $307.0 million in 2023, then surged by 84.44% to $566.2 million in 2024, then retreated by 5.58% to $534.7 million in 2025, then retreated by 11.7% to $472.1 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $472.1 million, $534.7 million, and $465.6 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Orix | 41.94 Bn | 28.12 Bn | 4.68 Bn | 4.66 Bn |
| 2 | Freedom Holding | 9.87 Bn | 9.87 Bn | 697.28 Mn | 691.69 Mn |
| 3 | Voya Financial | 8.86 Bn | 6.51 Bn | 1.34 Bn | 1.86 Bn |
| 4 | Hilltop Holdings | 2.23 Bn | 240.07 Mn | 41.62 Mn | 266.74 Mn |
| 5 | LendingTree | 427.47 Mn | 316.70 Mn | 88.82 Mn | 291.62 Mn |
| 6 | BRC Group Holdings | 263.92 Mn | 109.81 Mn | 207.76 Mn | 200.92 Mn |
| 7 | Teamshares | 62.05 Mn | 62.05 Mn | 61.42 Mn | 58.42 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 691.69 Mn |
| Mar 31, 2026 | 472.12 Mn |
| Dec 31, 2025 | 534.68 Mn |
| Sep 30, 2025 | 465.62 Mn |
| Jun 30, 2025 | 492.91 Mn |
| Mar 31, 2025 | 462.27 Mn |
| Dec 31, 2024 | 566.25 Mn |
| Sep 30, 2024 | 457.65 Mn |
| Jun 30, 2024 | 413.40 Mn |
| Mar 31, 2024 | 368.78 Mn |
| Dec 31, 2023 | 307.02 Mn |
| Sep 30, 2023 | 300.89 Mn |
| Jun 30, 2023 | 231.63 Mn |
| Mar 31, 2023 | 161.92 Mn |
| Dec 31, 2022 | 162.52 Mn |
| Sep 30, 2022 | 118.26 Mn |
| Jun 30, 2022 | 120.51 Mn |
| Mar 31, 2022 | 155.78 Mn |
| Dec 31, 2021 | 67.26 Mn |
| Sep 30, 2021 | 76.41 Mn |