Filing Flows › Hanmi Financial (HAFC) › Q3 2025
Hanmi Financial (HAFC) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Hanmi Financial (HAFC) reported revenue of $71.0M for the third quarter 2025 (Q3 2025), +21% from a year earlier and +9% from the quarter before. Operating margin was 31.1%, net earnings $22.1M (31.1% of revenue).
Hanmi Financial, Q3 2025: revenue $71.0M (+21% year over year), operating margin 31.1%, net earnings $22.1M, operating cash flow $147M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $71.0M | +9% | +21% |
| Operating profit | $22.1M | +46% | +48% |
| Net earnings | $22.1M | +46% | +48% |
| Operating cash flow | $147M | — | 22× |
| Free cash flow | $146M | — | 22× |
What changed
Revenue was $71.0M in Q3 2025, up 21% year over year and up 9% from the previous quarter.
Operating profit was $22.1M, a 31.1% margin (up 5.6 points year over year). Of the extra revenue versus a year earlier, 57% reached operating profit, above the 25% margin then. Total costs grew 12% against revenue growth of 21%. The fastest-growing cost line was Sales & marketing (+13%). Net earnings were $22.1M, up 48% year over year. The effective tax rate was 29.9%. Non-operating items added $9.4M, 30% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $146.9M (up 2085% year over year), 666% of net earnings. Non-cash charges added back $943K of share-based compensation. Working capital and other items added $123.9M. Capital expenditures of $560K left free cash flow of $146.4M.
Questions
What was Hanmi Financial's revenue in the third quarter 2025?
Hanmi Financial (HAFC) reported revenue of $71.0M for the third quarter 2025 (Q3 2025), +21% from a year earlier and +9% from the quarter before.
Was Hanmi Financial profitable in the third quarter 2025?
Operating profit was $22.1M (31.1% of revenue) and net earnings $22.1M.
Source: Hanmi Financial 10-Q on SEC EDGAR.