Freedom Holding Corp. has reported over $1 billion in revenue for the first half of fiscal year 2026, marking a significant milestone for the parent company of the Freedom24 investment platform. The financial results, published for the period ending September 30, 2025, reveal total revenue of $1.06 billion, with $526.1 million generated in the second quarter alone.
Net income for the first half of the fiscal year reached $69.1 million, translating to diluted earnings per share of $1.13. CEO Timur Turlov noted, “During the second quarter of fiscal 2026, we continued to make deliberate investments aimed at building the foundation for Freedom Holding Corp.’s next phase of sustainable growth.”
As of September 30, 2025, the company’s cash and cash equivalents, restricted cash, and investment securities amounted to $4.5 billion. Total assets were reported at $10.3 billion, while shareholders’ equity stood at $1.2 billion. Operating activities generated net cash flows of $1.0 billion in the first half of FY2026.
Fee and commission income reached $239.9 million, bolstered by the expansion of brokerage services and agency fees. Additionally, a net gain on trading securities of $82.7 million was attributed to the sale of Kazakhstani corporate debt securities during the same period. Freedom Holding Corp. also saw its customer base grow to 6.1 million worldwide, including 776,000 brokerage customers, an increase from 683,000 at the end of March 2025.
Turlov remarked on the company’s transformation, stating, “We are in an active phase of transformation – creating an integrated, technology-driven ecosystem that connects brokerage, banking, insurance, telecom, and new digital services under one platform.” He emphasised the importance of disciplined spending to support higher margins and earnings in the future.
In October 2025, Freedom Holding Corp. took a significant step by signing an agreement to acquire Wallet Solutions for $1.9 million, a move aimed at enhancing its digital fintech services. Furthermore, BlackRock, Inc., the world’s largest investment firm, increased its stake in Freedom Holding Corp. to 0.85%. The Motley Fool also recognised the company, adding its shares to the Moneyball Portfolio with a “Buy” recommendation.
In line with its mission to promote Kazakhstan’s digital transformation, Freedom Holding Corp. has partnered with NVIDIA and OpenAI, two leading global technology companies in artificial intelligence. This collaboration aims to enhance AI infrastructure in Central Asia and integrate AI tools into education in Kazakhstan, fostering innovation and long-term growth in the region.
The financial results and strategic initiatives underscore Freedom Holding Corp.’s commitment to expanding beyond traditional finance into technology and innovation, positioning the company well for future growth.
