Freedom Holding (FRHC) Operating Expenses (2010 - 2026)
Freedom Holding (FRHC) recorded Operating Expenses of $691.69 million in fiscal Q1 2027 (quarter ended Jun 30, 2026), up 45.2% from $476.51 million a year earlier and up 46.5% from the prior quarter.
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Analysis
Freedom Holding (FRHC) Operating Expenses (2010 - 2026) Analysis & Trends
On a TTM basis, Freedom Holding's Operating Expenses came in at $2.16 billion as of Jun 30, 2026, up 10.3% year-over-year; for FY2026 (ended Mar 31, 2026), it came in at $1.97 billion, up 3.5% from FY2025.
- Annual Operating Expenses has a five-year compound annual growth rate of 58.7% (FY2021 to FY2026).
- Across earlier fiscal years, Operating Expenses came in at $1.9 billion in FY2025 (+57.2%), $1.21 billion in FY2024, $130.22 million in FY2023 and $326.1 million in FY2022 (+67.2%).
- The fiscal Q1 2027 figure is the highest quarterly Operating Expenses in data going back to fiscal Q1 2011.
- On a year-over-year basis, Operating Expenses rose in seven of the last eight quarters, with growth averaging 27.6%.
- Peak year-over-year performance for Operating Expenses in the last five years was growth of 154.4% in fiscal Q2 2024, against a decline of 5.6% in fiscal Q3 2026 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at $472.12 million (Q4 2026), $534.68 million (Q3 2026) and $465.62 million (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 890.60 Bn | 920.07 Bn | - | 27.32 Bn |
| 2 | Banco Santander Chile | 421.74 Bn | 541.68 Bn | - | -3,218.32 Bn |
| 3 | Bank Of America | 385.85 Bn | -1,990.22 Bn | - | 18.63 Bn |
| 4 | Hsbc Holdings | 345.94 Bn | 345.99 Bn | - | - |
| 5 | Morgan Stanley | 303.15 Bn | -205.95 Bn | - | 13.90 Bn |
| 6 | Royal Bank Of Canada | 279.82 Bn | 130.57 Bn | - | 7.02 Bn |
| 7 | Mitsubishi Ufj Financial | 274.62 Bn | -1,313.87 Bn | 10.89 Bn | 17.50 Bn |
| 8 | Goldman Sachs | 267.07 Bn | -3,290.04 Bn | - | 11.67 Bn |
| 9 | Wells Fargo & Company | 243.79 Bn | 245.93 Bn | - | 13.66 Bn |
| 10 | Freedom Holding | 10.44 Bn | 10.44 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 |
API Access
Freedom Holding Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=FRHC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "FRHC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=FRHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();