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Side-by-side financial comparison of HANMI FINANCIAL CORP (HAFC) and IRONWOOD PHARMACEUTICALS INC (IRWD). Click either name above to swap in a different company.

HANMI FINANCIAL CORP is the larger business by last-quarter revenue ($71.2M vs $47.7M, roughly 1.5× IRONWOOD PHARMACEUTICALS INC). HANMI FINANCIAL CORP runs the higher net margin — 29.8% vs -4.8%, a 34.6% gap on every dollar of revenue. On growth, HANMI FINANCIAL CORP posted the faster year-over-year revenue change (17.1% vs -47.3%). HANMI FINANCIAL CORP produced more free cash flow last quarter ($203.7M vs $74.6M). Over the past eight quarters, HANMI FINANCIAL CORP's revenue compounded faster (10.4% CAGR vs -20.2%).

Hanmi Bank Corporation is a community bank headquartered in Los Angeles, California, with 35 branches and eight loan production offices in California, Texas, Illinois, New York, New Jersey and Virginia.

Ironwood Pharmaceuticals, Inc. is a publicly traded pharmaceutical company. It was originally called Microbia, Inc.

HAFC vs IRWD — Head-to-Head

Bigger by revenue
HAFC
HAFC
1.5× larger
HAFC
$71.2M
$47.7M
IRWD
Growing faster (revenue YoY)
HAFC
HAFC
+64.4% gap
HAFC
17.1%
-47.3%
IRWD
Higher net margin
HAFC
HAFC
34.6% more per $
HAFC
29.8%
-4.8%
IRWD
More free cash flow
HAFC
HAFC
$129.1M more FCF
HAFC
$203.7M
$74.6M
IRWD
Faster 2-yr revenue CAGR
HAFC
HAFC
Annualised
HAFC
10.4%
-20.2%
IRWD

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HAFC
HAFC
IRWD
IRWD
Revenue
$71.2M
$47.7M
Net Profit
$21.2M
$-2.3M
Gross Margin
Operating Margin
29.8%
14.3%
Net Margin
29.8%
-4.8%
Revenue YoY
17.1%
-47.3%
Net Profit YoY
20.0%
-200.9%
EPS (diluted)
$0.70
$0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HAFC
HAFC
IRWD
IRWD
Q4 25
$71.2M
$47.7M
Q3 25
$71.0M
$122.1M
Q2 25
$65.2M
$85.2M
Q1 25
$62.8M
$41.1M
Q4 24
$60.8M
$90.5M
Q3 24
$58.5M
$91.6M
Q2 24
$56.7M
$94.4M
Q1 24
$58.4M
$74.9M
Net Profit
HAFC
HAFC
IRWD
IRWD
Q4 25
$21.2M
$-2.3M
Q3 25
$22.1M
$40.1M
Q2 25
$15.1M
$23.6M
Q1 25
$17.7M
$-37.4M
Q4 24
$17.7M
$2.3M
Q3 24
$14.9M
$3.6M
Q2 24
$14.5M
$-860.0K
Q1 24
$15.2M
$-4.2M
Operating Margin
HAFC
HAFC
IRWD
IRWD
Q4 25
29.8%
14.3%
Q3 25
31.1%
61.8%
Q2 25
23.2%
53.2%
Q1 25
28.1%
-70.7%
Q4 24
29.1%
34.8%
Q3 24
25.5%
28.0%
Q2 24
25.5%
26.5%
Q1 24
26.0%
14.7%
Net Margin
HAFC
HAFC
IRWD
IRWD
Q4 25
29.8%
-4.8%
Q3 25
31.1%
32.8%
Q2 25
23.2%
27.7%
Q1 25
28.1%
-90.9%
Q4 24
29.1%
2.5%
Q3 24
25.5%
4.0%
Q2 24
25.5%
-0.9%
Q1 24
26.0%
-5.6%
EPS (diluted)
HAFC
HAFC
IRWD
IRWD
Q4 25
$0.70
$0.01
Q3 25
$0.73
$0.23
Q2 25
$0.50
$0.14
Q1 25
$0.58
$-0.23
Q4 24
$0.58
$0.03
Q3 24
$0.49
$0.02
Q2 24
$0.48
$-0.01
Q1 24
$0.50
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HAFC
HAFC
IRWD
IRWD
Cash + ST InvestmentsLiquidity on hand
$215.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$796.4M
$-261.8M
Total Assets
$7.9B
$396.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HAFC
HAFC
IRWD
IRWD
Q4 25
$215.5M
Q3 25
$140.4M
Q2 25
$92.9M
Q1 25
$108.5M
Q4 24
$88.6M
Q3 24
$88.2M
Q2 24
$105.5M
Q1 24
$121.5M
Total Debt
HAFC
HAFC
IRWD
IRWD
Q4 25
Q3 25
$199.5M
Q2 25
$199.3M
Q1 25
$199.2M
Q4 24
$199.0M
Q3 24
$198.8M
Q2 24
$198.6M
Q1 24
$398.3M
Stockholders' Equity
HAFC
HAFC
IRWD
IRWD
Q4 25
$796.4M
$-261.8M
Q3 25
$779.5M
$-264.2M
Q2 25
$762.8M
$-308.2M
Q1 25
$751.5M
$-334.1M
Q4 24
$732.2M
$-301.3M
Q3 24
$736.7M
$-311.3M
Q2 24
$707.1M
$-321.7M
Q1 24
$703.1M
$-330.5M
Total Assets
HAFC
HAFC
IRWD
IRWD
Q4 25
$7.9B
$396.9M
Q3 25
$7.9B
$396.1M
Q2 25
$7.9B
$342.9M
Q1 25
$7.7B
$327.2M
Q4 24
$7.7B
$350.9M
Q3 24
$7.7B
$389.5M
Q2 24
$7.6B
$395.6M
Q1 24
$7.5B
$438.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HAFC
HAFC
IRWD
IRWD
Operating Cash FlowLast quarter
$206.0M
$74.6M
Free Cash FlowOCF − Capex
$203.7M
$74.6M
FCF MarginFCF / Revenue
286.2%
156.3%
Capex IntensityCapex / Revenue
3.2%
0.0%
Cash ConversionOCF / Net Profit
9.70×
TTM Free Cash FlowTrailing 4 quarters
$356.1M
$127.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HAFC
HAFC
IRWD
IRWD
Q4 25
$206.0M
$74.6M
Q3 25
$146.9M
$47.6M
Q2 25
$-19.0M
$-15.1M
Q1 25
$25.8M
$20.0M
Q4 24
$52.6M
$15.2M
Q3 24
$6.7M
$9.9M
Q2 24
$2.1M
$33.5M
Q1 24
$30.0M
$45.0M
Free Cash Flow
HAFC
HAFC
IRWD
IRWD
Q4 25
$203.7M
$74.6M
Q3 25
$146.4M
$47.6M
Q2 25
$-19.6M
$-15.1M
Q1 25
$25.6M
$19.9M
Q4 24
$49.9M
Q3 24
$6.5M
$9.9M
Q2 24
$1.3M
$33.4M
Q1 24
$29.2M
$44.9M
FCF Margin
HAFC
HAFC
IRWD
IRWD
Q4 25
286.2%
156.3%
Q3 25
206.3%
39.0%
Q2 25
-30.0%
-17.7%
Q1 25
40.7%
48.4%
Q4 24
82.1%
Q3 24
11.1%
10.8%
Q2 24
2.3%
35.4%
Q1 24
50.0%
60.0%
Capex Intensity
HAFC
HAFC
IRWD
IRWD
Q4 25
3.2%
0.0%
Q3 25
0.8%
0.0%
Q2 25
0.9%
0.0%
Q1 25
0.4%
0.1%
Q4 24
4.3%
0.0%
Q3 24
0.4%
0.0%
Q2 24
1.4%
0.1%
Q1 24
1.4%
0.1%
Cash Conversion
HAFC
HAFC
IRWD
IRWD
Q4 25
9.70×
Q3 25
6.66×
1.19×
Q2 25
-1.26×
-0.64×
Q1 25
1.46×
Q4 24
2.97×
6.74×
Q3 24
0.45×
2.71×
Q2 24
0.14×
Q1 24
1.98×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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