Freedom Holding (FRHC) Operating Expenses (2010 - 2026)
Freedom Holding's (FRHC) quarterly Operating Expenses came in at $691.7 million in Q2 2026, up 45.16% year-over-year from $476.5 million in Q2 2025, and up 46.51% quarter-over-quarter from $472.1 million in Q1 2026.
Analysis
Freedom Holding (FRHC) Operating Expenses (2010 - 2026) Analysis & Trends
Freedom Holding has disclosed Operating Expenses across 17 years of filings, most recently posting $691.7 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 45.16% year-over-year to $691.7 million; the TTM figure through Jun 2026 stood at $2.2 billion (up 10.26% YoY), while the FY2026 annual figure was $2.0 billion, up 3.46% from the prior year.
- Operating Expenses came in at $691.7 million for Q2 2026 at Freedom Holding, up from $472.1 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $691.7 million in Q2 2026 to a low of $118.3 million in Q3 2022.
- Average Operating Expenses over 5 years is $359.3 million, with a median of $391.1 million recorded in 2024.
- Year-over-year, Operating Expenses soared 154.43% in 2023 and declined 5.58% in 2025.
- Over 5 years, Operating Expenses stood at $162.5 million in 2022, then jumped by 88.91% to $307.0 million in 2023, then soared by 84.44% to $566.2 million in 2024, then declined by 5.58% to $534.7 million in 2025, then grew by 29.37% to $691.7 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $691.7 million in Q2 2026, $472.1 million in Q1 2026, and $534.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,145.36 Bn | 1,556.87 Bn | 30.39 Bn | 18.63 Bn |
| 2 | Morgan Stanley | 335.03 Bn | 174.89 Bn | - | 13.90 Bn |
| 3 | Goldman Sachs | 309.45 Bn | -666.90 Bn | - | 11.67 Bn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 17.50 Bn |
| 5 | Royal Bank Of Canada | 291.49 Bn | 64.61 Bn | - | 7.02 Bn |
| 6 | Wells Fargo & Company | 272.88 Bn | 68.91 Bn | - | 13.66 Bn |
| 7 | American Express | 218.59 Bn | 169.28 Bn | 17.99 Bn | 14.48 Bn |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | -7.44 Bn |
| 9 | Toronto Dominion Bank | 205.88 Bn | 44.55 Bn | - | 6.08 Bn |
| 10 | Freedom Holding | 9.83 Bn | 9.83 Bn | 697.28 Mn | 691.69 Mn |
Historic Data
Download Data
Historic 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 | 476.51 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 |