Freedom Holding (FRHC) Operating Expenses (2010 - 2026)

Freedom Holding (FRHC) posted quarterly Operating Expenses of $472.1 million for Q1 2026, up 2.13% year-over-year from $462.3 million in Q1 2025, and down 11.7% sequentially from $534.7 million in Q4 2025.

Freedom Holding (FRHC) Operating Expenses (2010 - 2026) Analysis & Trends

Freedom Holding has disclosed Operating Expenses across 17 years of filings, most recently posting $472.1 million for Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 2.13% year-over-year to $472.1 million; the trailing twelve-month figure through Mar 2026 stood at $2.0 billion (up 3.46% YoY), and the FY2026 full-year result was $2.0 billion, up 3.46% from the prior year.
  • Operating Expenses was $472.1 million for Q1 2026 at Freedom Holding, down 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.
  • The 5-year median for Operating Expenses is $368.8 million (2024), against an average of $340.7 million.
  • Year-over-year, Operating Expenses surged 154.43% in 2023 and dropped 5.58% in 2025.
  • Year by year, 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.
  • Per Business Quant, the three latest FRHC Operating Expenses figures stand at $472.1 million (Q1 2026), $534.7 million (Q4 2025), and $465.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Voya Financial 8.51 Bn 10.33 Bn 1.47 Bn 848.00 Mn
2 Freedom Holding 8.34 Bn 7.37 Bn -1.62 Bn 472.12 Mn
3 Hilltop Holdings 2.27 Bn 2.30 Bn -2.46 Mn 248.30 Mn
4 LendingTree 511.07 Mn 425.56 Mn 88.70 Mn 296.15 Mn
5 BRC Group Holdings 276.39 Mn 333.20 Mn 319.70 Mn 199.13 Mn
6 BRC Group Holdings - - 319.70 Mn 199.13 Mn
7 BRC Group Holdings - - 319.70 Mn 199.13 Mn
8 BRC Group Holdings - - 319.70 Mn 199.13 Mn
9 Orix - - 5.07 Bn 5.31 Bn
10 Voya Financial - - 1.47 Bn 848.00 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 66.43 Mn