New York, Feb 23, 2026, 09:55 EST — Regular session
- Freedom Holding Corp slipped roughly 1% at the open, giving back a portion of Friday’s 6.8% gain.
- After tumbling to a 52-week low last week, the stock is now struggling to find its footing.
- Investors continue to parse a quarterly report that revealed customer numbers up, but insurance premium income coming in weaker.
Freedom Holding Corp shares slipped on Monday, paring part of Friday’s strong bounce with light activity in early trading.
The Nasdaq-listed shares slipped roughly 1.1% to $118.36 as of 9:34 a.m. ET, following a Friday close at $119.65.
Why this matters: February’s seen the stock whip around, and traders haven’t settled the debate—was last week’s rally just a breather, or did it finally carve out a bottom?
Friday was telling. Shares swung between $111.86 and $120.46, ultimately closing up 6.8% for the day. That followed a low of $107.98 just the previous session. https://stockanalysis.com/stocks/frhc/history/
Freedom’s fiscal third-quarter numbers, covering the stretch through Dec. 31, landed with revenue slipping and profit nearly flat. The company saw currencies and derivatives gains helping to counterbalance losses from insurance. https://ir.freedomholdingcorp.com/press-releases/detail/91/freedom-holding-corp-reports-third-quarter-fiscal-year
Freedom reported net total revenue of $628.6 million for the quarter, while net income landed at $76.2 million. Diluted earnings per share came in at $1.25.
Insurance weighed heavily. The company reported insurance premiums earned, net of reinsurance, dropped 40% to $106.9 million. Management pointed to a regulatory cap on commissions paid to agents selling policies tied to bank and microfinance loans as the culprit.
Freedom also reported a $45.8 million net gain from foreign exchange operations for the quarter—substantially higher than the same period last year—driven by currency shifts and revaluation. The company posted a $26.5 million net gain on derivatives as well. https://www.businesswire.com/news/home/20260209307353/en/Freedom-Holding-Corp.-Reports-Third-Quarter-Fiscal-Year-2026-Financial-Results
The company cited gains in its customer base, reporting brokerage customers at 828,000 as of Dec. 31. Banking customers reached 4.5 million, according to the firm.
Still, risks linger. That regulatory move denting insurance volumes highlights just how abruptly a rule tweak in Freedom’s key markets can show up in revenue. Gains from trading and currencies? Those, too, can flip in a hurry.
No scheduled events appear on the company’s investor relations calendar, so the stock is moving with shifts in risk appetite and any new regulatory news. https://ir.freedomholdingcorp.com/ir-calendar
