Freedom Holding Corp. Posts Robust Q3 and Nine-Month Results

New York, 10 February 2026 – Freedom Holding Corp. (Nasdaq: FRHC), a diversified financial services and technology group, has reported its financial results for the third quarter and nine months ended 31 December 2025, highlighting strong growth in assets, shareholder equity, cash flows, and customer engagement across its core business segments.

The company’s total assets reached $12.38 billion at the end of the reporting period, a 25% increase from $9.91 billion at the close of the previous fiscal year. This expansion was primarily driven by the growth of Freedom Holding Corp.’s proprietary investment portfolio and a significant rise in client balances in brokerage accounts.

Key Financial Highlights

Revenue and Operational Performance

For the three months ending 31 December 2025, total revenue amounted to $628.6 million, with interest income, brokerage and commission revenue, and insurance premiums serving as primary contributors. Revenue for the nine-month period reached $1.69 billion, reflecting sustained activity across the brokerage, banking, and insurance segments and demonstrating resilience amid fluctuating market conditions.

Operating cash flow for the nine months totalled $1.73 billion, largely driven by growth in client funds held in brokerage accounts and a reduction in margin-related balances. At the end of December 2025, the company held $3.51 billion in cash and cash equivalents, more than doubling the $1.64 billion reported at the start of the financial year.

Customer Growth and Strategic Development

Freedom Holding Corp. expanded its banking customer base from 2.5 million to 4.5 million over the nine months, while brokerage clients increased by over 20%. This growth was supported by the company’s enhanced digital offerings and the continued development of its comprehensive financial and non-financial ecosystem.

“We are steadily advancing our digital ecosystem, integrating brokerage and banking services with everyday consumer experiences. Our SuperApp, now the most downloaded application in Kazakhstan, demonstrates the success of our strategy to build a trusted operating environment rather than a mere marketplace,” said Timur Turlov, Chairman and CEO. “With over 7 million customers globally, we continue to expand our platform with partnerships involving technology leaders such as NVIDIA, Amazon, and Microsoft.”

About Freedom Holding Corp.

Freedom Holding Corp. provides financial services across 21 countries, including the United States, Kazakhstan, Cyprus, Poland, Spain, Uzbekistan, and Armenia. Its portfolio includes Freedom Bank, Freedom Broker, insurance arms Freedom Life and Freedom Insurance, and lifestyle platforms Arbuz.kz, Freedom Ticketon, and Aviata. The company’s shares are listed on NASDAQ, KASE, and AIX, with regulation by the U.S. SEC and inclusion in the Russell 3000 Index.