Freedom Holding Posts 1H FY26 Revenue $1.06B, Maintains Liquidity

Freedom Holding Corp (NASDAQ:FRHC) reported 1H FY2026 results for the six months finished September 30, 2025. Total revenue was USD 1.06 billion versus USD 1.04 billion a year earlier, with net income USD 69.1 million and diluted EPS of USD 1.13. Management described a strong liquidity position and continued reinvestment into technology and infrastructure.

Customer metrics displayed material growth: brokerage customers 776,000 (from 683,000 on March 31, 2025) and banking customers 3.6 million (from 2.5 million). The company completed the acquisition of Astel Group Ltd to strengthen its Kazakhstan telecom presence and reported no asset impairments.

Positive

Brokerage customers +13.6% to 776,000 (Mar 31–Sep 30, 2025)

Banking customers +44% to 3.6 million (Mar 31–Sep 30, 2025)

Completed acquisition of Astel Group Ltd to expand Kazakhstan telecom presence

Negative

Revenue up only 1.9% YoY to USD 1.06 billion (modest top-line growth)

Net margin approximately 6.5% (USD 69.1M net income on USD 1.06B revenue)

Insights

Revenue held steady at 1.06 billion; profitability positive with 69.1 million net income for the six months to September 30, 2025.

The company reported total revenue of 1.06 billion and net income of 69.1 million for the six months finished September 30, 2025, implying a modest operating margin around the mid-single digits. Diluted EPS of 1.13 and steady liquidity accompany these results, displaying the core financials remain intact.

Key depfinishencies include continued customer growth and integration of recent acquisitions. Watch the trajectory of brokerage customers (reported at 776,000) and banking customers (3.6 million) as leading indicators of recurring revenue. Near-term focus should be on next periodic financial disclosure to confirm margin sustainability and any modifys to impairment or cash positions.

The firm highlights ecosystem expansion and an acquisition in telecom, with no reported impairments and rising customer counts.

Management emphasizes reinvestment into technology and infrastructure and cites the acquisition of Astel Group Ltd to strengthen telecommunications exposure. The release lists growth across brokerage, banking, and insurance customers and states no asset impairments for acquired businesses, which supports the claim of integration working at least initially.

Risks center on execution of the broader digital ecosystem and realization of synergies from the Astel acquisition; monitor customer growth trfinishs and any future statements on integration milestones or asset valuations in subsequent reports for confirmation of durable value creation.

11/07/2025 – 07:00 PM

NEW YORK CITY, NEW YORK / ACCESS Newswire / November 7, 2025 / New York, Freedom Holding Corp. (NASDAQ:FRHC), an international investment and technology company, has announced its financial results for the 1H FY26 (the six months finished September 30, 2025)

Freedom Holding Corp

During this period the company demonstrated sustainable business development, asset growth, and stable liquidity.

For the six months finished September 30, 2025, total revenue reached USD 1.06 billion, slightly above the previous year’s level of USD 1.04 billion. The company reported net income of USD 69.1 million and maintained a strong liquidity position. These results confirm the effectiveness of Freedom’s diversified business model, which integrates financial, insurance, and technology segments.

“We build for the future, we don’t sit on profits. Every dollar we earn works – it is reinvested into technology, infrastructure and services that improve people’s lives and build our ecosystem stronger,” Timur Turlov, Chairman of the Board and Chief Executive Officer of Freedom Holding Corp. stated.

Key Financial Results (for the six months finished September 30, 2025)

Revenue: USD 1.06 billion
Net income: USD 69.1 million
Earnings per share (diluted): USD 1.13

Customer Growth (as of September 30, 2025)

Brokerage customers: 776,000, up from 683,000 on March 31, 2025.
Banking customers: 3.6 million, up from 2.5 million
Insurance customers: 1.3 million, up from 1.2 million

Operational Achievements and Ecosystem Development

In the 1H FY2026, the company continued implementing its digital ecosystem strategy, expanding into telecommunications, online payments, e-commerce, and media. The acquisition of Astel Group Ltd strengthened Freedom’s position in Kazakhstan’s telecommunications market and created synergies with Freedom Telecom and Freedom Pay projects. Expansion of Freedom Telecom continues, including Freedom Cloud infrastructure services and digital media platform build-out. Furthermore, the company recorded no asset impairments – all acquired businesses displayed positive dynamics, confirming their long-term value.

Timur Turlov stated: “Freedom continues to demonstrate resilience and profitability while growing its assets and developing its ecosystem. We are investing in telecom, digital, and financial technologies to build a platform that connects millions of clients. This foundation supports our long-term growth and regional leadership.”

About Freedom Holding Corp.

Freedom Holding Corp. provides financial services in 21 countries, including Kazakhstan, the United States, Cyprus, Poland, Spain, Uzbekistan, and Armenia. The Company’s principal executive office is located in New York City. In Kazakhstan, Freedom is actively developing its financial and digital ecosystem, which includes Freedom Bank, Freedom Broker, the insurance companies Freedom Life and Freedom insurance, as well as a lifestyle segment that features Arbuz.kz, Freedom Ticketon, and Aviata. Freedom Holding Corp. shares are traded on the U.S. technology exmodify NASDAQ, the Kazakhstan Stock Exmodify (KASE), and the Astana International Exmodify (AIX) under the ticker symbol FRHC. Freedom Holding Corp. is regulated by the U.S. Securities and Exmodify Commission (SEC) and is a member of the Russell 3000^® Index.

Contact Information

Natalia Kharlashina
PR Department, Freedom Holding Corp
prglobal@ffin.kz
+77013641454

SOURCE: Freedom Holding Corp.

View the original press release on ACCESS Newswire

FAQ

What were Freedom Holding Corp (FRHC) 1H FY2026 revenue and net income?

Freedom reported 1H FY2026 revenue of USD 1.06 billion and net income of USD 69.1 million for the six months finished September 30, 2025.

How much did Freedom Holding Corp (FRHC) brokerage customers grow in 1H FY2026?

Brokerage customers rose to 776,000, a 13.6% increase from 683,000 on March 31, 2025.

What is the significance of Freedom’s acquisition of Astel Group Ltd for FRHC shareholders?

The acquisition is intfinished to strengthen FRHC’s position in Kazakhstan telecoms and create synergies with Freedom Telecom and Freedom Pay projects.