Freedom Holding Corp (FRHC) Q1 2027 earnings summary

Executive summary

• Revenue for Q1 ended June 30, 2026, reached $733M, up 40% year-over-year, with net profit of $31.7M and a client base of 8.7M across 24 countries.

• Digital ecosystem integrates 12 main businesses, including financial and non-financial services, supported by 12,100+ employees and 264 offices.

• Market capitalization was ~$8.01B as of June 30, 2026, with a NASDAQ stock price of $130.47.

• S&P Global Ratings upgraded long-term issuer credit ratings for several subsidiaries to 'BB-' from 'B+'.

• Customer base expanded to 8,743,000, up from 8,100,000 at the end of the previous quarter.

Financial highlights

• Revenue for Q1 FY2027 was $733M, up from $524M in Q1 FY2026.

• Net profit for Q1 FY2027 was $31.7M, compared to $32M in Q1 FY2026.

• Trailing twelve months (TTM) revenue as of June 30, 2026, was $2.4B; net income was $148M.

• Assets totaled $14.0B and equity $1.54B as of June 30, 2026.

• EPS (diluted) was $0.52, down from $0.61 in the prior year.

Outlook and guidance

• Continued expansion of digital banking, brokerage, and fintech ecosystem, including telecom and media in Kazakhstan and new markets like Tajikistan and Georgia.

• Ongoing investments in technology, AI, compliance, and infrastructure to drive growth.

• No cash dividends planned as earnings are retained for business expansion.