Freedom Holding annual operating expenses
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Freedom Holding Operating Expenses Growth & History (FRHC)
Freedom Holding's operating expenses was $1.97B for fiscal 2026.
View full Freedom Holding company overviewFreedom Holding annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | $1.97B | $65.8M | +3.46% |
| 2025 | 2025-03-31 | $1.90B | $691.3M | +57.21% |
| 2024 | 2024-03-31 | $1.21B | $645.1M | +114.54% |
| 2023 | 2023-03-31 | $563.2M | $237.1M | +72.71% |
| 2022 | 2022-03-31 | $326.1M | $131.0M | +67.16% |
| 2021 | 2021-03-31 | $195.1M | $140.8M | +259.25% |
| 2020 | 2020-03-31 | $54.3M | −$11.5M | −17.44% |
| 2019 | 2019-03-31 | $65.8M | $30.3M | +85.21% |
| 2018 | 2018-03-31 | $35.5M | $34.9M | +6001.99% |
| 2017 | 2017-03-31 | $581,974 | $88,140 | +17.85% |
| 2016 | 2016-03-31 | $493,834 | $413,424 | +514.15% |
| 2015 | 2015-03-31 | $80,410 | −$1.5M | −94.94% |
| 2014 | 2014-03-31 | $1.6M | −$1.5M | −48.92% |
| 2013 | 2013-03-31 | $3.1M | −$20.9M | −87.02% |
| 2012 | 2012-03-31 | $24.0M | $7.9M | +48.80% |
| 2011 | 2011-03-31 | $16.1M | — | — |
Freedom Holding quarterly operating expenses
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Q1.27
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-06-30 | $691.7M | $215.2M | +45.16% |
| Q4 2026 | 2026-03-31 | $488.5M | $26.3M | +5.68% |
| Q3 2026 | 2025-12-31 | $534.7M | −$31.6M | −5.58% |
| Q2 2026 | 2025-09-30 | $465.6M | $8.0M | +1.74% |
| Q1 2026 | 2025-06-30 | $476.5M | $63.1M | +15.26% |
| Q4 2025 | 2025-03-31 | $462.3M | $93.5M | +25.35% |
| Q3 2025 | 2024-12-31 | $566.3M | $259.2M | +84.44% |
| Q2 2025 | 2024-09-30 | $457.7M | $156.8M | +52.10% |
| Q1 2025 | 2024-06-30 | $413.4M | $181.8M | +78.47% |
| Q4 2024 | 2024-03-31 | $368.8M | $206.9M | +127.76% |
| Q3 2024 | 2023-12-31 | $307.0M | $144.5M | +88.91% |
| Q2 2024 | 2023-09-30 | $300.9M | $182.6M | +154.43% |
| Q1 2024 | 2023-06-30 | $231.6M | $111.1M | +92.22% |
| Q4 2023 | 2023-03-31 | $161.9M | $45.9M | +39.59% |
| Q3 2023 | 2022-12-31 | $162.5M | $95.3M | +141.64% |
| Q2 2023 | 2022-09-30 | $118.3M | $41.8M | +54.77% |
| Q1 2023 | 2022-06-30 | $120.5M | $54.1M | +81.39% |
| Q4 2022 | 2022-03-31 | $116.0M | $22.8M | +24.51% |
| Q3 2022 | 2021-12-31 | $67.3M | $34.4M | +104.90% |
| Q2 2022 | 2021-09-30 | $76.4M | $34.9M | +83.85% |
| Q1 2022 | 2021-06-30 | $66.4M | $38.9M | +141.28% |
| Q4 2021 | 2021-03-31 | $93.2M | — | — |
| Q3 2021 | 2020-12-31 | $32.8M | $7.3M | +28.37% |
| Q2 2021 | 2020-09-30 | $41.6M | $20.1M | +93.42% |
| Q1 2021 | 2020-06-30 | $27.5M | $8.0M | +40.77% |
| Q3 2020 | 2019-12-31 | $25.6M | $8.6M | +50.87% |
| Q2 2020 | 2019-09-30 | $21.5M | $6.4M | +42.21% |
| Q1 2020 | 2019-06-30 | $19.6M | $5.1M | +35.50% |
| Q4 2019 | 2019-03-31 | $19.3M | $6.7M | +52.94% |
| Q3 2019 | 2018-12-31 | $16.9M | $5.6M | +49.06% |
| Q2 2019 | 2018-09-30 | $15.1M | $8.8M | +138.93% |
| Q1 2019 | 2018-06-30 | $14.4M | $9.2M | +176.85% |
| Q4 2018 | 2018-03-31 | $12.6M | $9.9M | +360.17% |
| Q3 2018 | 2017-12-31 | $11.4M | $11.3M | +11217.60% |
| Q2 2018 | 2017-09-30 | $6.3M | $6.2M | +7214.62% |
| Q1 2018 | 2017-06-30 | $5.2M | $3.2M | +153.48% |
| Q4 2017 | 2017-03-31 | $2.7M | $2.6M | +2453.25% |
| Q3 2017 | 2016-12-31 | $100,463 | −$2,132 | −2.08% |
| Q2 2017 | 2016-09-30 | $86,457 | −$46,841 | −35.14% |
| Q1 2017 | 2016-06-30 | $2.1M | $1.9M | +1265.27% |
| Q4 2016 | 2016-03-31 | $107,275 | — | — |
| Q3 2016 | 2015-12-31 | $102,595 | $24,773 | +31.83% |
| Q2 2016 | 2015-09-30 | $133,298 | $117,445 | +740.84% |
| Q1 2016 | 2015-06-30 | $150,666 | $120,338 | +396.79% |
| Q3 2015 | 2014-12-31 | $77,822 | −$311,756 | −80.02% |
| Q2 2015 | 2014-09-30 | $15,853 | −$588,234 | −97.38% |
| Q1 2015 | 2014-06-30 | $30,328 | −$513,618 | −94.42% |
| Q4 2014 | 2014-03-31 | $51,089 | −$473,820 | −90.27% |
| Q3 2014 | 2013-12-31 | $389,578 | −$399,308 | −50.62% |
| Q2 2014 | 2013-09-30 | $604,087 | −$431,011 | −41.64% |
| Q1 2014 | 2013-06-30 | $543,946 | −$217,112 | −28.53% |
| Q4 2013 | 2013-03-31 | $524,909 | $148,617 | +39.50% |
| Q3 2013 | 2012-12-31 | $788,886 | $475,621 | +151.83% |
| Q2 2013 | 2012-09-30 | $1.0M | −$17.9M | −94.54% |
| Q1 2013 | 2012-06-30 | $761,058 | −$3.6M | −82.37% |
| Q4 2012 | 2012-03-31 | $376,292 | −$4.8M | −92.70% |
| Q3 2012 | 2011-12-31 | $313,265 | −$3.8M | −92.35% |
| Q2 2012 | 2011-09-30 | $19.0M | $15.2M | +402.25% |
| Q1 2012 | 2011-06-30 | $4.3M | $1.2M | +40.16% |
| Q4 2011 | 2011-03-31 | $5.2M | — | — |
| Q3 2011 | 2010-12-31 | $4.1M | — | — |
| Q2 2011 | 2010-09-30 | $3.8M | — | — |
| Q1 2011 | 2010-06-30 | $3.1M | — | — |
Freedom Holding operating expenses trends
Over the last five fiscal years, Freedom Holding's operating expenses increased from $195.1M to $1.97B, a change of $1.77B. The latest reported quarter, Q1 2027, shows $691.7M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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