Freedom (FRHC) Revenue & Revenue Breakdown

OverviewOwnership Financials Chart

Freedom Revenue Highlights

Latest Revenue (Y)

$402.40M

Latest Revenue (Q)

$628.62M

Main Segment (Y)

Brokerage Segment

Main Geography (Y)

KAZAKHSTAN

Freedom Revenue by Period

Freedom Revenue by Year

Date	Revenue	Change
2026-03-31	$402.40M	-80.21%
2025-03-31	$2.03B	22.74%
2024-03-31	$1.66B	108.20%
2023-03-31	$795.69M	15.35%
2022-03-31	$689.79M	98.85%
2021-03-31	$346.88M	315.96%
2020-03-31	$83.39M	12.26%
2019-03-31	$74.28M	28.62%
2018-03-31	$57.76M	198.38%
2017-03-31	$19.36M	100.00%
2016-03-31	-	100.00%
2015-03-31	-	100.00%
2014-03-31	-	100.00%
2013-03-31	-	100.00%
2012-03-31	-	100.00%
2011-03-31	-	-100.00%
2010-03-31	$57.27M	-17.73%
2009-03-31	$69.62M	15.65%
2008-03-31	$60.20M	281.33%
2007-03-31	$15.79M	165.01%
2006-03-31	$5.96M	511.80%
2005-03-31	$973.65K	187.45%
2004-03-31	$338.72K	256.34%
2003-03-31	$95.06K	-88.07%
2002-03-31	$796.60K	139.20%
2001-03-31	$333.03K	-49.43%
2000-03-31	$658.60K	-55.01%
1999-03-31	$1.46M	-53.01%
1998-03-31	$3.12M	-45.70%
1997-03-31	$5.74M	-

Freedom generated $402.40M in revenue during NA 2026, up -80.21% compared to the previous quarter, and up 116.00% compared to the same period a year ago.

Freedom Revenue by Quarter

Date	Revenue	Change
2025-12-31	$628.62M	18.41%
2025-09-30	$530.89M	1.15%
2025-06-30	$524.86M	17.74%
2025-03-31	$445.78M	-22.67%
2024-12-31	$576.44M	13.72%
2024-09-30	$506.91M	15.37%
2024-06-30	$439.38M	-10.31%
2024-03-31	$489.87M	13.60%
2023-12-31	$431.23M	2.31%
2023-09-30	$421.48M	34.46%
2023-06-30	$313.45M	36.87%
2023-03-31	$229.01M	62.08%
2022-12-31	$141.29M	-18.84%
2022-09-30	$174.09M	0.90%
2022-06-30	$172.54M	-1060.06%
2022-03-31	$-17.97M	-114.49%
2021-12-31	$124.02M	-60.94%
2021-09-30	$317.50M	155.58%
2021-06-30	$124.23M	-1.56%
2021-03-31	$126.19M	61.08%
2020-12-31	$78.34M	12.39%
2020-09-30	$69.71M	23.57%
2020-06-30	$56.41M	87.47%
2020-03-31	$30.09M	1.77%
2019-12-31	$29.57M	-10.37%
2019-09-30	$32.99M	12.79%
2019-06-30	$29.25M	29.96%
2019-03-31	$22.51M	-14.73%
2018-12-31	$26.39M	51.34%
2018-09-30	$17.44M	135.60%
2018-06-30	$7.40M	-16.79%
2018-03-31	$8.90M	-722.10%
2017-12-31	$-1.43M	-104.09%
2017-09-30	$34.95M	157.85%
2017-06-30	$13.55M	50.73%
2017-03-31	$8.99M	100.00%
2016-12-31	-	100.00%
2016-09-30	-	100.00%
2016-06-30	-	100.00%
2016-03-31	-	100.00%
2015-12-31	-	100.00%
2015-09-30	-	100.00%
2015-06-30	-	100.00%
2015-03-31	-	100.00%
2014-12-31	-	100.00%
2014-09-30	-	100.00%
2014-06-30	-	100.00%
2014-03-31	-	100.00%
2013-12-31	-	100.00%
2013-09-30	-	100.00%
2013-06-30	-	100.00%
2013-03-31	-	100.00%
2012-12-31	-	100.00%
2012-09-30	-	100.00%
2012-06-30	-	100.00%
2012-03-31	-	100.00%
2011-12-31	-	100.00%
2011-09-30	-	100.00%
2011-06-30	-	-100.00%
2011-03-31	$-41.64M	-352.19%
2010-12-31	$16.51M	33.80%
2010-09-30	$12.34M	-3.50%
2010-06-30	$12.79M	-17.70%
2010-03-31	$15.54M	11.83%
2009-12-31	$13.89M	-13.56%
2009-09-30	$16.07M	36.61%
2009-06-30	$11.77M	64.62%
2009-03-31	$7.15M	46.36%
2008-12-31	$4.88M	-78.54%
2008-09-30	$22.76M	-34.65%
2008-06-30	$34.83M	83.12%
2008-03-31	$19.02M	12.99%
2007-12-31	$16.83M	-

Freedom generated $628.62M in revenue during Q3 2026, up 18.41% compared to the previous quarter, and up 124.01% compared to the same period a year ago.

Freedom Revenue Breakdown

Freedom Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Mar 26	Mar 25	Mar 24
Brokerage Segment	$831.51M	$717.35M	$616.95M
Banking Segment	$689.20M	$506.15M	$614.66M
Insurance Segment	$497.78M	$683.03M	$341.00M
Other Segment	$172.80M	$144.00M	$62.47M

Freedom's latest annual revenue breakdown by segment (product or service), as of Mar 26: Brokerage Segment (37.95%), Banking Segment (31.45%), Insurance Segment (22.72%), and Other Segment (7.89%).

Quarterly Revenue by Product

Product/Service	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24
Banking Segment	$201.70M	$235.54M	$105.72M	$146.24M	$7.07M	$206.37M	$201.51M
Other Segment	$47.68M	$53.61M	$24.59M	$27.95M	$42.59M	$37.66M	$26.42M
Insurance Segment	$43.00M	$129.87M	$150.89M	$174.02M	$159.76M	$197.83M	$178.18M
Brokerage Segment	$210.76M	$209.60M	$145.66M	$113.44M	$154.31M	$213.33M	$174.80M

Freedom's latest quarterly revenue breakdown by segment (product or service), as of Mar 26: Brokerage Segment (41.89%), Banking Segment (40.09%), Other Segment (9.48%), and Insurance Segment (8.55%).

Freedom Revenue Breakdown by Country

Annual Revenue by Country

Country	Mar 26	Mar 25	Mar 23	Mar 22
ARMENIA	$181.73M	$181.70M	-	-
UNITED STATES	$2.93M	$43.95M	$13.08M	$9.14M
KAZAKHSTAN	$1.84B	$1.75B	-	-
CYPRUS	$154.16M	$69.49M	-	-
Other Countries	$13.95M	$5.30M	-	-
Europe	-	-	-	$437.71M
Middle East And Caucasus	-	-	-	-
Asia	-	-	-	$118.07M

Freedom's latest annual revenue breakdown by geography, as of Mar 26: KAZAKHSTAN (83.90%), ARMENIA (8.29%), CYPRUS (7.04%), Other Countries (0.64%), and UNITED STATES (0.13%).

Quarterly Revenue by Country

Country	Mar 26	Dec 25	Sep 25	Jun 25	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22
ARMENIA	$36.23M	$45.93M	$55.90M	$43.66M	-	-	-	-	-	-	-
UNITED STATES	-	$3.23M	$4.17M	$5.78M	$5.59M	$1.62M	$7.84M	$5.80M	$358.00K	$3.32M	$3.61M
Other Countries	$3.89M	$3.99M	$4.11M	$1.96M	-	-	-	-	-	-	-
KAZAKHSTAN	$415.50M	$534.68M	$426.78M	$461.57M	-	-	-	-	-	-	-
CYPRUS	$57.77M	$40.80M	$35.14M	$20.46M	-	-	-	-	-	-	-
Central Asia and Eastern Europe	-	-	-	-	$361.33M	-	-	-	-	-	-
Europe, excluding Eastern Europe	-	-	-	-	$39.50M	-	-	-	-	-	-
Middle East	-	-	-	-	$12.21M	$9.23M	$221.00K	$13.00K	$19.00K	$-10.00K	-
Asia	-	-	-	-	-	-	-	-	$153.14M	$113.37M	$98.87M
Europe	-	-	-	-	-	-	-	-	$61.03M	$63.61M	$69.48M

Freedom's latest quarterly revenue breakdown by geography, as of Mar 26: KAZAKHSTAN (80.93%), CYPRUS (11.25%), ARMENIA (7.06%), and Other Countries (0.76%).

Freedom Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
NMR	Nomura	$4.16T	$1.17T
SNEX	StoneX Group	$132.38B	$45.76B
SF	Stifel Financial	$6.30B	$1.67B
EVR	Evercore	$3.88B	$1.05B
HLI	Houlihan Lokey	$2.62B	$717.07M
PIPR	Piper Sandler Companies	$1.90B	$475.14M
PJT	PJT Partners	$1.71B	$418.20M
OPY	Oppenheimer	$1.64B	$424.44M
MC	Moelis	$1.52B	$356.89M
DFIN	Donnelley Financial Solutions	$767.00M	$205.50M
FRHC	Freedom	$402.40M	$628.62M
SRL	Scully Royalty	$54.94M	$21.04M
MIGI	Mawson Infrastructure Group	$39.75M	$4.82M
MFH	Mercurity Fintech	$1.87M	$507.55K

FRHC Revenue FAQ

What is Freedom’s yearly revenue?

Freedom's yearly revenue for 2026 was $402.4M, representing a decrease of -80.21% compared to 2025. The company's yearly revenue for 2025 was $2.03B, representing an increase of 22.74% compared to 2024. FRHC's yearly revenue for 2024 was $1.66B, representing an increase of 108.20% compared to 2023.

What is Freedom’s quarterly revenue?

Freedom's quarterly revenue for Q3 2026 was $628.62M, a 18.41% increase from the previous quarter (Q2 2026), and a 9.05% increase year-over-year (Q3 2025). The company's quarterly revenue for Q2 2026 was $530.89M, a 1.15% increase from the previous quarter (Q1 2026), and a 4.73% increase year-over-year (Q2 2025). FRHC's quarterly revenue for Q1 2026 was $524.86M, a 17.74% increase from the previous quarter (Q4 2025), and a 19.45% increase year-over-year (Q1 2025).

What is Freedom’s revenue growth rate?

Freedom's revenue growth rate for the last 3 years (2024-2026) was -75.71%, and for the last 5 years (2022-2026) was -41.66%.

What are Freedom’s revenue streams?

Freedom's revenue streams in r 26 are Brokerage Segment, Banking Segment, Insurance Segment, and Other Segment. Brokerage Segment generated $831.51M in revenue, accounting 37.95% of the company's total revenue, up 15.91% year-over-year. Banking Segment generated $689.2M in revenue, accounting 31.45% of the company's total revenue, up 36.17% year-over-year. Insurance Segment generated $497.78M in revenue, accounting 22.72% of the company's total revenue, down -27.12% year-over-year. Other Segment generated $172.8M in revenue, accounting 7.89% of the company's total revenue, up 19.99% year-over-year.

What is Freedom’s main source of revenue?

For the fiscal year ending Mar 26, the largest source of revenue of Freedom was Brokerage Segment. This segment made a revenue of $831.51M, representing 37.95% of the company's total revenue.