Filing Flows › First Hawaiian (FHB) › Q3 2026 › vs Q2 2026
First Hawaiian (FHB) Q3 2026 vs Q2 2026 (quarter over quarter)
First Hawaiian's revenue fell $1.0M (-0.5%) from $231M in Q2 2026 to $230M in Q3 2026. Operating margin 21.7% against 41.2% (-19.5 pts).
First Hawaiian, Q3 2026: revenue $230M (+2% year over year), operating margin 21.7%, net earnings $63.7M, operating cash flow $107M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Operating margin | 21.7% | 41.2% | -19.5 pts |
| Net margin | 27.7% | 31.7% | -4.0 pts |
| Free cash flow margin | 44.2% | 3.3% | +40.9 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $230M | $231M | −$1.0M | -0.5% |
| Operating profit | $49.9M | $95.2M | −$45.4M | -48% |
| Costs & expenses | $180M | $136M | $44.3M | +33% |
| Pre-tax earnings | $49.9M | $95.2M | −$45.4M | -48% |
| Sales & marketing | $2.2M | $2.2M | −$21K | -1% |
| Other operating costs | $178M | $134M | $44.3M | +33% |
| Income tax benefit | $13.9M | −$21.9M | $35.7M | — |
| Net earnings | $63.7M | $73.4M | −$9.6M | -13% |
| Depreciation & amortization | $7.2M | $7.5M | −$273K | -4% |
| Share-based compensation | $4.0M | $4.0M | −$4K | -0.1% |
| Working capital & other | $31.9M | −$71.6M | $104M | — |
| Operating cash flow | $107M | $13.2M | $93.6M | +710% |
| Free cash flow (OCF − capex) | $102M | $7.7M | $94.1M | 13× |
| Capital expenditures | $5.0M | $5.5M | −$490K | -9% |
Questions
How much did First Hawaiian's revenue grow quarter over quarter in Q3 2026?
First Hawaiian's revenue fell $1.0M (-0.5%) from $231M in Q2 2026 to $230M in Q3 2026. Operating margin 21.7% against 41.2% (-19.5 pts).