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Side-by-side financial comparison of HANMI FINANCIAL CORP (HAFC) and Lifeway Foods, Inc. (LWAY). Click either name above to swap in a different company.
HANMI FINANCIAL CORP is the larger business by last-quarter revenue ($71.2M vs $55.4M, roughly 1.3× Lifeway Foods, Inc.). HANMI FINANCIAL CORP runs the higher net margin — 29.8% vs 4.6%, a 25.2% gap on every dollar of revenue. On growth, Lifeway Foods, Inc. posted the faster year-over-year revenue change (18.0% vs 17.1%). HANMI FINANCIAL CORP produced more free cash flow last quarter ($203.7M vs $-17.4M). Over the past eight quarters, Lifeway Foods, Inc.'s revenue compounded faster (11.4% CAGR vs 10.4%).
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.
Lifeway Foods is an Illinois-based health food company founded in 1986. They are a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome.
HAFC vs LWAY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $71.2M | $55.4M |
| Net Profit | $21.2M | $2.5M |
| Gross Margin | — | 27.8% |
| Operating Margin | 29.8% | 6.8% |
| Net Margin | 29.8% | 4.6% |
| Revenue YoY | 17.1% | 18.0% |
| Net Profit YoY | 20.0% | 1688.1% |
| EPS (diluted) | $0.70 | $0.15 |
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.
| Q4 25 | $71.2M | $55.4M | ||
| Q3 25 | $71.0M | $57.1M | ||
| Q2 25 | $65.2M | $53.9M | ||
| Q1 25 | $62.8M | $46.1M | ||
| Q4 24 | $60.8M | $46.9M | ||
| Q3 24 | $58.5M | $46.1M | ||
| Q2 24 | $56.7M | $49.2M | ||
| Q1 24 | $58.4M | $44.6M |
| Q4 25 | $21.2M | $2.5M | ||
| Q3 25 | $22.1M | $3.5M | ||
| Q2 25 | $15.1M | $4.2M | ||
| Q1 25 | $17.7M | $3.5M | ||
| Q4 24 | $17.7M | $-160.0K | ||
| Q3 24 | $14.9M | $3.0M | ||
| Q2 24 | $14.5M | $3.8M | ||
| Q1 24 | $15.2M | $2.4M |
| Q4 25 | — | 27.8% | ||
| Q3 25 | — | 28.7% | ||
| Q2 25 | — | 28.6% | ||
| Q1 25 | — | 23.9% | ||
| Q4 24 | — | 25.3% | ||
| Q3 24 | — | 25.7% | ||
| Q2 24 | — | 27.0% | ||
| Q1 24 | — | 25.8% |
| Q4 25 | 29.8% | 6.8% | ||
| Q3 25 | 31.1% | 8.8% | ||
| Q2 25 | 23.2% | 10.8% | ||
| Q1 25 | 28.1% | 3.4% | ||
| Q4 24 | 29.1% | 1.5% | ||
| Q3 24 | 25.5% | 9.1% | ||
| Q2 24 | 25.5% | 11.0% | ||
| Q1 24 | 26.0% | 8.0% |
| Q4 25 | 29.8% | 4.6% | ||
| Q3 25 | 31.1% | 6.2% | ||
| Q2 25 | 23.2% | 7.9% | ||
| Q1 25 | 28.1% | 7.7% | ||
| Q4 24 | 29.1% | -0.3% | ||
| Q3 24 | 25.5% | 6.5% | ||
| Q2 24 | 25.5% | 7.7% | ||
| Q1 24 | 26.0% | 5.4% |
| Q4 25 | $0.70 | $0.15 | ||
| Q3 25 | $0.73 | $0.23 | ||
| Q2 25 | $0.50 | $0.28 | ||
| Q1 25 | $0.58 | $0.23 | ||
| Q4 24 | $0.58 | $0.00 | ||
| Q3 24 | $0.49 | $0.19 | ||
| Q2 24 | $0.48 | $0.25 | ||
| Q1 24 | $0.50 | $0.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $5.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $796.4M | $85.8M |
| Total Assets | $7.9B | $105.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $5.6M | ||
| Q3 25 | — | $23.0M | ||
| Q2 25 | — | $21.2M | ||
| Q1 25 | — | $19.4M | ||
| Q4 24 | — | $16.7M | ||
| Q3 24 | — | $20.6M | ||
| Q2 24 | — | $14.6M | ||
| Q1 24 | — | $12.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $2.5M |
| Q4 25 | $796.4M | $85.8M | ||
| Q3 25 | $779.5M | $82.8M | ||
| Q2 25 | $762.8M | $78.7M | ||
| Q1 25 | $751.5M | $74.2M | ||
| Q4 24 | $732.2M | $71.9M | ||
| Q3 24 | $736.7M | $71.5M | ||
| Q2 24 | $707.1M | $68.0M | ||
| Q1 24 | $703.1M | $63.5M |
| Q4 25 | $7.9B | $105.6M | ||
| Q3 25 | $7.9B | $109.5M | ||
| Q2 25 | $7.9B | $98.3M | ||
| Q1 25 | $7.7B | $93.7M | ||
| Q4 24 | $7.7B | $90.5M | ||
| Q3 24 | $7.7B | $91.3M | ||
| Q2 24 | $7.6B | $84.9M | ||
| Q1 24 | $7.5B | $82.8M |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.04× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $206.0M | $267.0K |
| Free Cash FlowOCF − Capex | $203.7M | $-17.4M |
| FCF MarginFCF / Revenue | 286.2% | -31.5% |
| Capex IntensityCapex / Revenue | 3.2% | 31.9% |
| Cash ConversionOCF / Net Profit | 9.70× | 0.11× |
| TTM Free Cash FlowTrailing 4 quarters | $356.1M | $-16.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $206.0M | $267.0K | ||
| Q3 25 | $146.9M | $6.9M | ||
| Q2 25 | $-19.0M | $3.9M | ||
| Q1 25 | $25.8M | $-150.0K | ||
| Q4 24 | $52.6M | $-2.6M | ||
| Q3 24 | $6.7M | $7.5M | ||
| Q2 24 | $2.1M | $6.5M | ||
| Q1 24 | $30.0M | $1.5M |
| Q4 25 | $203.7M | $-17.4M | ||
| Q3 25 | $146.4M | $1.8M | ||
| Q2 25 | $-19.6M | $1.6M | ||
| Q1 25 | $25.6M | $-2.4M | ||
| Q4 24 | $49.9M | $-3.8M | ||
| Q3 24 | $6.5M | $5.9M | ||
| Q2 24 | $1.3M | $5.1M | ||
| Q1 24 | $29.2M | $-923.0K |
| Q4 25 | 286.2% | -31.5% | ||
| Q3 25 | 206.3% | 3.1% | ||
| Q2 25 | -30.0% | 3.0% | ||
| Q1 25 | 40.7% | -5.1% | ||
| Q4 24 | 82.1% | -8.2% | ||
| Q3 24 | 11.1% | 12.8% | ||
| Q2 24 | 2.3% | 10.4% | ||
| Q1 24 | 50.0% | -2.1% |
| Q4 25 | 3.2% | 31.9% | ||
| Q3 25 | 0.8% | 9.0% | ||
| Q2 25 | 0.9% | 4.3% | ||
| Q1 25 | 0.4% | 4.8% | ||
| Q4 24 | 4.3% | 2.7% | ||
| Q3 24 | 0.4% | 3.3% | ||
| Q2 24 | 1.4% | 2.9% | ||
| Q1 24 | 1.4% | 5.5% |
| Q4 25 | 9.70× | 0.11× | ||
| Q3 25 | 6.66× | 1.96× | ||
| Q2 25 | -1.26× | 0.92× | ||
| Q1 25 | 1.46× | -0.04× | ||
| Q4 24 | 2.97× | — | ||
| Q3 24 | 0.45× | 2.50× | ||
| Q2 24 | 0.14× | 1.73× | ||
| Q1 24 | 1.98× | 0.64× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HAFC
Segment breakdown not available.
LWAY
| Drinkable Kefirotherthan Pro Bugs | $47.8M | 86% |
| Cheese | $4.7M | 8% |
| Cream And Other | $1.7M | 3% |
| Other | $1.2M | 2% |
