Freedom Holding Corp. announced financial results for the third quarter of fiscal year 2026, which ended December 31, 2025.
The company reported $1.7 billion in revenue for the nine-month period. Growth across the brokerage, banking, and insurance segments drove the top-line results. The total customer base expanded to 7.2 million.
The trailing twelve-month net margin fell to 0.2%. This figure represents a sharp decline from the 19.8% margin reported one year earlier.
The company's stock price dropped significantly following the data release. Investors expressed concern that the margin compression challenges the company's long-term growth narrative.