Filing Flows › Hanmi Financial (HAFC) › Q1 2026
Hanmi Financial (HAFC) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 8, 2026
Hanmi Financial (HAFC) reported revenue of $71.7M for the first quarter 2026 (Q1 2026), +14% from a year earlier and +0.8% from the quarter before. Operating margin was 31.4%, net earnings $22.6M (31.4% of revenue).
Hanmi Financial, Q1 2026: revenue $71.7M (+14% year over year), operating margin 31.4%, net earnings $22.6M, operating cash flow $23.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $71.7M | +0.8% | +14% |
| Operating profit | $22.6M | +6% | +28% |
| Net earnings | $22.6M | +6% | +28% |
| Operating cash flow | $23.9M | -54% | -9% |
| Free cash flow | $23.4M | -54% | -10% |
What changed
Revenue was $71.7M in Q1 2026, up 14% year over year and up 1% from the previous quarter.
Operating profit was $22.6M, a 31.4% margin (up 3.3 points year over year). Of the extra revenue versus Q1 2025, 55% reached operating profit, above the 28% margin then. Total costs grew 9% against revenue growth of 14%. The fastest-growing cost line was Sales & marketing (+18%). Net earnings were $22.6M, up 28% year over year. The effective tax rate was 26.0%. Non-operating items added $7.9M, 26% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $23.9M (down 9% year over year), 106% of net earnings. Non-cash charges added back $862K of depreciation and amortization and $707K of share-based compensation. Capital expenditures of $499K left free cash flow of $23.4M.
Questions
What was Hanmi Financial's revenue in the first quarter 2026?
Hanmi Financial (HAFC) reported revenue of $71.7M for the first quarter 2026 (Q1 2026), +14% from a year earlier and +0.8% from the quarter before.
Was Hanmi Financial profitable in the first quarter 2026?
Operating profit was $22.6M (31.4% of revenue) and net earnings $22.6M.
Source: Hanmi Financial 10-Q on SEC EDGAR.