{"id":992759,"date":"2026-08-10T09:00:55","date_gmt":"2026-08-10T13:00:55","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/freedom-holding-corp-reports-40-increase-in-quarterly-revenue-to-732-5-million\/"},"modified":"2026-08-10T09:00:55","modified_gmt":"2026-08-10T13:00:55","slug":"freedom-holding-corp-reports-40-increase-in-quarterly-revenue-to-732-5-million","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/freedom-holding-corp-reports-40-increase-in-quarterly-revenue-to-732-5-million\/","title":{"rendered":"Freedom Holding Corp. Reports 40% Increase in Quarterly Revenue to $732.5 Million"},"content":{"rendered":"
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NEW YORK, Aug. 10, 2026 (GLOBE NEWSWIRE) — Revenue<\/strong>in the brokerage and banking segments grew by 60% and 54%, respectively; total assets reached $14.0 billion as the company continued to expand its digital ecosystem and international banking presence<\/strong><\/p>\n

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\n Freedom Holding Corp.<\/u>
\n <\/a> (NASDAQ: FRHC), an international financial services and technology group, today announced its condensed consolidated financial results for the first quarter of fiscal year 2027, covering the three months ended June 30, 2026.<\/p>\n

The company\u2019s net revenue increased by 40% to $732.5 million, compared with $524.0 million in the same period last year. Growth was driven primarily by the brokerage and banking businesses, together with the continued expansion of Freedom\u2019s telecommunications, payments, travel, and other digital services. As of June 30, 2026, Freedom Holding Corp.\u2019s total assets were $14.05 billion, compared with $13.16 billion as of March 31, 2026. Shareholders\u2019 equity increased to $1.54 billion, while cash and restricted cash totaled $2.82 billion at the end of the reporting period.<\/p>\n

Freedom Holding Corp. also expanded its digital ecosystem through the acquisition of ChessBase GmbH. A month after the reporting period, the company completed its acquisition of an approximately 99.32% stake in Turkish Bank A.\u015e., further strengthening its international banking presence.<\/p>\n

\u201cWe have made a strong start to the new fiscal year, significantly increasing revenue while continuing to deliver strong quarterly profits. This allows us not only to invest actively in the further development of the Freedom ecosystem, but also to expand it into new markets. We completed the acquisition of a bank in Turkey, where we will soon begin rolling out our ecosystem, which has already proven successful in Kazakhstan,\u201d said Timur Turlov, founder and Chief Executive Officer of Freedom Holding Corp<\/strong>.<\/p>\n

\n Key Financial Results<\/strong>\n <\/p>\n