Filing Flows › First Hawaiian (FHB) › Q3 2026
First Hawaiian (FHB) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 2, 2026
First Hawaiian (FHB) reported revenue of $230M for the third quarter 2026 (Q3 2026), +2% from a year earlier and -0.5% from the quarter before. Operating margin was 21.7%, net earnings $63.7M (27.7% of revenue).
First Hawaiian, Q3 2026: revenue $230M (+2% year over year), operating margin 21.7%, net earnings $63.7M, operating cash flow $107M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $230M | -0.5% | +2% |
| Operating profit | $49.9M | -48% | -48% |
| Net earnings | $63.7M | -13% | -14% |
| Operating cash flow | $107M | +710% | +87% |
| Free cash flow | $102M | 13× | +106% |
What changed
Revenue was $230.2M in Q3 2026, up 2% year over year and roughly flat from the previous quarter.
Operating profit was $49.9M, a 21.7% margin (down 20.8 points year over year). Operating profit fell $46.3M even though revenue rose $3.8M versus Q3 2025, so costs grew faster than sales. Total costs grew 38% against revenue growth of 2%. The fastest-growing cost line was Other operating costs (+39%). Net earnings were $63.7M, down 14% year over year. The effective tax rate was -27.8%.
Operating cash flow was $106.8M (up 87% year over year), 168% of net earnings. Non-cash charges added back $7.2M of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items added $31.9M. Capital expenditures of $5.0M left free cash flow of $101.8M.
Questions
What was First Hawaiian's revenue in the third quarter 2026?
First Hawaiian (FHB) reported revenue of $230M for the third quarter 2026 (Q3 2026), +2% from a year earlier and -0.5% from the quarter before.
Was First Hawaiian profitable in the third quarter 2026?
Operating profit was $49.9M (21.7% of revenue) and net earnings $63.7M.
Source: First Hawaiian 10-Q on SEC EDGAR.