Growth Metrics

Freedom Holding (FRHC) Shares Outstanding (Diluted Average) (2017 - 2025)

Freedom Holding recorded quarterly Shares Outstanding (Diluted Average) of $61.1 million in Q4 2025, little changed quarter-over-quarter from $61.1 million in Q3 2025, and up 0.91% year-over-year from $60.5 million in Q4 2024.

Freedom Holding's Shares Outstanding (Diluted Average) history runs 9 years deep, the most recent figure standing at $61.1 million for Q4 2025.

  • In Q4 2025, Shares Outstanding (Diluted Average) rose 0.91% year-over-year to $61.1 million; the TTM figure through Dec 2025 stood at $61.1 million (up 0.91% YoY), while the FY2025 annual figure was $60.5 million, up 1.9% from the prior year.
  • Shares Outstanding (Diluted Average) came in at $61.1 million for Q4 2025 at Freedom Holding, roughly flat from $61.1 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $59.7 billion in Q3 2022 to a low of $59.3 million in Q4 2023.
  • A 5-year average of $26.7 billion and a median of $61.1 million in 2025 frame the typical range for Shares Outstanding (Diluted Average).
  • Across the five-year window, Shares Outstanding (Diluted Average) jumped 101201.3% in 2021 and sank 99.9% in 2023, its largest moves.
  • Freedom Holding's Shares Outstanding (Diluted Average) stood at $59.3 billion in 2021, then climbed by 0.33% to $59.5 billion in 2022, then tumbled by 99.9% to $59.3 million in 2023, then rose by 2.12% to $60.5 million in 2024, then gained by 0.91% to $61.1 million in 2025.
  • According to Business Quant data, Shares Outstanding (Diluted Average) over the past three periods registered $61.1 million, $61.1 million, and $61.1 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Freedom Holding 8.88 Bn 8.01 Bn 603.27 Mn 61.10 Mn
2 Voya Financial 7.67 Bn 9.49 Bn 1.47 Bn -
3 Hilltop Holdings 2.21 Bn 2.24 Bn -2.46 Mn -
4 LendingTree 507.89 Mn 422.38 Mn 88.70 Mn 14.14 Mn
5 BRC Group Holdings 323.63 Mn 380.44 Mn 319.70 Mn 32.17 Mn
6 Orix - - 5.07 Bn -

Historic Data

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DateValue
Dec 31, 2025 61.10 Mn
Sep 30, 2025 61.09 Mn
Jun 30, 2025 61.06 Mn
Mar 31, 2025 60.49 Mn
Dec 31, 2024 60.55 Mn
Sep 30, 2024 60.36 Mn
Jun 30, 2024 60.26 Mn
Mar 31, 2024 59.36 Mn
Dec 31, 2023 59.29 Mn
Sep 30, 2023 59.29 Bn
Jun 30, 2023 59.29 Bn
Mar 31, 2023 59.50 Mn
Dec 31, 2022 59.52 Bn
Sep 30, 2022 59.68 Bn
Jun 30, 2022 59.54 Bn
Mar 31, 2022 59.38 Bn
Dec 31, 2021 59.33 Bn
Sep 30, 2021 59.22 Bn
Jun 30, 2021 59.53 Mn
Mar 31, 2021 58.44 Bn
Sep 30, 2020 58.46 Mn
Jun 30, 2020 58.46 Mn
Mar 31, 2020 58.25 Mn
Dec 31, 2019 58.34 Mn
Sep 30, 2019 58.31 Bn
Jun 30, 2019 58.25 Mn
Mar 31, 2019 58.24 Mn
Dec 31, 2018 58.23 Mn
Sep 30, 2018 58.21 Mn
Jun 30, 2018 58.19 Mn
Mar 31, 2018 33.39 Mn
Dec 31, 2017 45.02 Mn
Sep 30, 2017 22.54 Mn
Jun 30, 2017 11.31 Mn
Mar 31, 2017 11.21 Mn