Freedom 2026年季度报告

FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended June30, 2026 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from ________ to _________ Commission File Number001-33034 FREEDOM HOLDING CORP. (Exact name of registrant as specified in its charter) 30-0233726 Nevada 40 Wall Street, 58th FloorNew York, NY 10005 (Address of principal executive offices) (212) 980 4400(Registrant's telephone number, including area code) Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has beensubject to such filing requirements for the past 90 days. YesNo Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required tosubmit such files). YesNo Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and"emerging growth company" in Rule 12b-2 of the Exchange Act. Large accelerated filerAccelerated filerNon-accelerated filerSmaller reporting companyEmerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complyingwith any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act.)Yes☐No As of August7, 2026, the registrant had 63,787,666 shares of common stock, par value $0.001, issued and outstanding. FREEDOM HOLDING CORP.FORM 10-QTABLE OF CONTENTS PagePART I — FINANCIAL INFORMATIONItem 1.Unaudited Condensed Consolidated Financial Statements3Condensed Consolidated Balance Sheets as ofJune30, 2026, and March31, 20263Condensed Consolidated Statements of Operations and Statements of Other Comprehensive Income forthe Three Months EndedJune30, 2026and 20254Condensed Consolidated Statements of Cash Flows for the Three Months EndedJune30, 2026and 20256Condensed Consolidated Statements of Shareholders’ Equity for the Three Months EndedJune30, 2026and 20258Notes to Condensed Consolidated Financial Statements9Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations66Item 3.Qualitative and Quantitative Disclosures About Market Risk93Item 4.Controls and Procedures97PART II — OTHER INFORMATION98Item 1.Legal Proceedings98Item 1A.Risk Factors98Item 5.Other Information98Item 6.Exhibits99Signatures100 CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)(All amounts in thousands of United States dollars, unless otherwise stated) FREEDOM HOLDING CORP Table of contents FREEDOM HOLDING CORP The following table provides a reconciliation of cash and cash equivalents and restricted cash reported within the Condensed ConsolidatedBalance Sheets that sum to the total of the same such amounts shown in the Condensed Consolidated Statements of Cash Flows: FREEDOM HOLDING CORP. FREEDOM HOLDING CORP. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)(All amounts in thousands of United States dollars, except share data, unless otherwise stated) NOTE 1 – DESCRIPTION OF BUSINESS Overview Freedom Holding Corp. ("FRHC" and, together with its subsidiaries, the "Company" or the "Group") is a corporation organized in the UnitedStates under the laws of the State of Nevada that through its operating subsidiaries provides securities brokerage, securities dealing forcustomers and for our own account, market making activities, investment research, investment counseling, retail and commercial banking,insurance products, payment services information, processing services and lifestyle services. The Company also owns several ancillarybusinesses, which complement its core financial services businesses, including telecommunications and media businesses in Kazakhstan thatare in the early stages of development generating limited revenue relative to the Company's core financial services businesses. FRHC is theholding company of subsidiaries incorporated in Kazakhstan, Cyprus, the United States (USA), the United Kingdom (UK), Armenia, theUnited Arab Emirates (UAE), Japan, Uzbekistan, Kyrgyzstan, Georgia, Tajikistan, Azerbaijan, Türkiye, Bulgaria, Germany, Greece, Lithuania,The Netherlands, Portugal, Spain, Austria, France and Poland and the