Quarterly ResultJun 2, 2026, 02:24 AM
Freedom Holding Corp. Net Income +101% to $153.3M; Record Revenue $2.19B
AI Summary
Freedom Holding Corp. announced record financial results for fiscal year 2026, with net income more than doubling to $153.3 million and total revenue reaching $2.19 billion. The company demonstrated strong growth across its diversified business model, significantly expanding its customer base in brokerage and banking segments. Strategic initiatives included international expansion, the acquisition of Turkish Bank A.S., and plans for a $2 billion investment in NVIDIA AI infrastructure in Kazakhstan.
Key Highlights
- Net income increased 101% to $153.3 million for fiscal 2026.
- Total revenue, net reached a record $2.19 billion, up 9% from fiscal 2025.
- Brokerage customers increased from 683,000 to 858,000.
- Banking customers doubled from 2.52 million to 5.03 million.
- Total assets reached $13.16 billion, up 33% year over year.
- Diluted earnings per share were $2.51 for the fiscal year.
- Acquired approximately 99.32% of Turkish Bank A.S. (subject to approval).
- Plans to create sovereign NVIDIA AI infrastructure with $2 billion investment.
Price Impact
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