Filing Flows › First Western Financial (MYFW) › Q2 2026
First Western Financial (MYFW) Q2 2026 earnings results (second quarter 2026)
10-Q filed Jul 31, 2026
First Western Financial (MYFW) reported revenue of $28.6M for the second quarter 2026 (Q2 2026), +28% from a year earlier and +1% from the quarter before. Operating margin was 25.9%, net earnings $5.7M (20.0% of revenue).
First Western Financial, Q2 2026: revenue $28.6M (+28% year over year), operating margin 25.9%, net earnings $5.7M, operating cash flow $12.2M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $28.6M | +1% | +28% |
| Operating profit | $7.4M | -9% | +123% |
| Net earnings | $5.7M | -8% | +129% |
| Operating cash flow | $12.2M | -20% | — |
| Free cash flow | $11.2M | -23% | — |
What changed
Revenue was $28.6M in Q2 2026, up 28% year over year and up 1% from the previous quarter.
Operating profit was $7.4M, a 25.9% margin (up 11.1 points year over year). Of the extra revenue versus Q2 2025, 66% reached operating profit, above the 15% margin then. Total costs grew 11% against revenue growth of 28%. The fastest-growing cost line was Sales & marketing (+34%). Net earnings were $5.7M, up 129% year over year. The effective tax rate was 22.6%.
Operating cash flow was $12.2M, 213% of net earnings. Non-cash charges added back $653K of depreciation and amortization and $721K of share-based compensation. Working capital and other items added $5.1M. Capital expenditures of $931K left free cash flow of $11.2M.
Questions
What was First Western Financial's revenue in the second quarter 2026?
First Western Financial (MYFW) reported revenue of $28.6M for the second quarter 2026 (Q2 2026), +28% from a year earlier and +1% from the quarter before.
Was First Western Financial profitable in the second quarter 2026?
Operating profit was $7.4M (25.9% of revenue) and net earnings $5.7M.