Filing Flows › Hanmi Financial (HAFC) › Q4 2025
Hanmi Financial (HAFC) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 27, 2026
Hanmi Financial (HAFC) reported revenue of $71.2M for the fourth quarter 2025 (Q4 2025), +17% from a year earlier and +0.3% from the quarter before. Operating margin was 29.8%, net earnings $21.2M (29.8% of revenue).
Hanmi Financial, Q4 2025: revenue $71.2M (+17% year over year), operating margin 29.8%, net earnings $21.2M, operating cash flow $52.2M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $71.2M | +0.3% | +17% |
| Operating profit | $21.2M | -4% | +20% |
| Net earnings | $21.2M | -4% | +20% |
| Operating cash flow | $52.2M | -64% | +279% |
| Free cash flow | $51.3M | -65% | +296% |
What changed
Revenue was $71.2M in Q4 2025, up 17% year over year and roughly flat from the previous quarter.
Operating profit was $21.2M, a 29.8% margin (up 0.7 points year over year). Of the extra revenue versus a year earlier, 34% reached operating profit, above the 29% margin then. Total costs grew 16% against revenue growth of 17%. The fastest-growing cost line was Sales & marketing (+23%). Net earnings were $21.2M, up 20% year over year. The effective tax rate was 29.5%. Non-operating items added $8.9M, 29% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $52.2M (up 279% year over year), 246% of net earnings. Non-cash charges added back $875K of depreciation and amortization and $899K of share-based compensation. Working capital and other items added $29.2M. Capital expenditures of $915K left free cash flow of $51.3M.
Questions
What was Hanmi Financial's revenue in the fourth quarter 2025?
Hanmi Financial (HAFC) reported revenue of $71.2M for the fourth quarter 2025 (Q4 2025), +17% from a year earlier and +0.3% from the quarter before.
Was Hanmi Financial profitable in the fourth quarter 2025?
Operating profit was $21.2M (29.8% of revenue) and net earnings $21.2M.
Source: Hanmi Financial 10-K on SEC EDGAR.