Filing Flows › First Western Financial (MYFW) › Q2 2025
First Western Financial (MYFW) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 1, 2025
First Western Financial (MYFW) reported revenue of $22.4M for the second quarter 2025 (Q2 2025), +10% from a year earlier and -9% from the quarter before. Operating margin was 14.8%, net earnings $2.5M (11.2% of revenue).
First Western Financial, Q2 2025: revenue $22.4M (+10% year over year), operating margin 14.8%, net earnings $2.5M, operating cash flow −$9.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $22.4M | -9% | +10% |
| Operating profit | $3.3M | -38% | +134% |
| Net earnings | $2.5M | -40% | +133% |
| Operating cash flow | −$9.1M | -213% | — |
What changed
Revenue was $22.4M in Q2 2025, up 10% year over year and down 9% from the previous quarter.
Operating profit was $3.3M, a 14.8% margin (up 7.9 points year over year). Of the extra revenue versus a year earlier, 95% reached operating profit, above the 7% margin then. Total costs grew 1% against revenue growth of 10%. Net earnings were $2.5M, up 133% year over year. The effective tax rate was 24.5%.
Operating cash flow was −$9.1M. Non-cash charges added back $693K of depreciation and amortization and $508K of share-based compensation. Working capital and other items used $12.8M. Capital expenditures of $575K exceeded it, leaving free cash flow of −$9.7M.
Questions
What was First Western Financial's revenue in the second quarter 2025?
First Western Financial (MYFW) reported revenue of $22.4M for the second quarter 2025 (Q2 2025), +10% from a year earlier and -9% from the quarter before.
Was First Western Financial profitable in the second quarter 2025?
Operating profit was $3.3M (14.8% of revenue) and net earnings $2.5M.