Filing Flows › First Western Financial (MYFW) › Q3 2025
First Western Financial (MYFW) Q3 2025 earnings results (third quarter 2025)
10-Q filed Oct 31, 2025
First Western Financial (MYFW) reported revenue of $24.0M for the third quarter 2025 (Q3 2025), +9% from a year earlier and +7% from the quarter before. Operating margin was 16.5%, net earnings $3.2M (13.3% of revenue).
First Western Financial, Q3 2025: revenue $24.0M (+9% year over year), operating margin 16.5%, net earnings $3.2M, operating cash flow $10.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $24.0M | +7% | +9% |
| Operating profit | $4.0M | +20% | +48% |
| Net earnings | $3.2M | +27% | +49% |
| Operating cash flow | $10.0M | — | -47% |
| Free cash flow | $9.0M | — | -52% |
What changed
Revenue was $24.0M in Q3 2025, up 9% year over year and up 7% from the previous quarter.
Operating profit was $4.0M, a 16.5% margin (up 4.4 points year over year). Of the extra revenue versus a year earlier, 65% reached operating profit, above the 12% margin then. Total costs grew 4% against revenue growth of 9%. Net earnings were $3.2M, up 49% year over year. The effective tax rate was 19.6%.
Operating cash flow was $10.0M (down 47% year over year), 315% of net earnings. Non-cash charges added back $645K of depreciation and amortization and $690K of share-based compensation. Working capital and other items added $5.5M. Capital expenditures of $1.1M left free cash flow of $9.0M.
Questions
What was First Western Financial's revenue in the third quarter 2025?
First Western Financial (MYFW) reported revenue of $24.0M for the third quarter 2025 (Q3 2025), +9% from a year earlier and +7% from the quarter before.
Was First Western Financial profitable in the third quarter 2025?
Operating profit was $4.0M (16.5% of revenue) and net earnings $3.2M.