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Side-by-side financial comparison of HANMI FINANCIAL CORP (HAFC) and SmartRent, Inc. (SMRT). Click either name above to swap in a different company.
HANMI FINANCIAL CORP is the larger business by last-quarter revenue ($71.2M vs $36.5M, roughly 2.0× SmartRent, Inc.). HANMI FINANCIAL CORP runs the higher net margin — 29.8% vs -8.9%, a 38.7% gap on every dollar of revenue. On growth, HANMI FINANCIAL CORP posted the faster year-over-year revenue change (17.1% vs 3.1%). HANMI FINANCIAL CORP produced more free cash flow last quarter ($203.7M vs $7.7M). Over the past eight quarters, HANMI FINANCIAL CORP's revenue compounded faster (10.4% CAGR vs -15.0%).
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.
Budget Rent a Car System, Inc. is an American car rental company that was founded in 1958 in Los Angeles, California by Morris Mirkin. Budget is a subsidiary of the Avis Budget Group, with its operations headquartered in Parsippany, New Jersey.
HAFC vs SMRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $71.2M | $36.5M |
| Net Profit | $21.2M | $-3.2M |
| Gross Margin | — | 38.6% |
| Operating Margin | 29.8% | -10.9% |
| Net Margin | 29.8% | -8.9% |
| Revenue YoY | 17.1% | 3.1% |
| Net Profit YoY | 20.0% | 71.6% |
| EPS (diluted) | $0.70 | $-0.02 |
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 | $36.5M | ||
| Q3 25 | $71.0M | $36.2M | ||
| Q2 25 | $65.2M | $38.3M | ||
| Q1 25 | $62.8M | $41.3M | ||
| Q4 24 | $60.8M | $35.4M | ||
| Q3 24 | $58.5M | $40.5M | ||
| Q2 24 | $56.7M | $48.5M | ||
| Q1 24 | $58.4M | $50.5M |
| Q4 25 | $21.2M | $-3.2M | ||
| Q3 25 | $22.1M | $-6.3M | ||
| Q2 25 | $15.1M | $-10.9M | ||
| Q1 25 | $17.7M | $-40.2M | ||
| Q4 24 | $17.7M | $-11.4M | ||
| Q3 24 | $14.9M | $-9.9M | ||
| Q2 24 | $14.5M | $-4.6M | ||
| Q1 24 | $15.2M | $-7.7M |
| Q4 25 | — | 38.6% | ||
| Q3 25 | — | 26.4% | ||
| Q2 25 | — | 33.1% | ||
| Q1 25 | — | 32.8% | ||
| Q4 24 | — | 28.7% | ||
| Q3 24 | — | 33.2% | ||
| Q2 24 | — | 35.7% | ||
| Q1 24 | — | 38.5% |
| Q4 25 | 29.8% | -10.9% | ||
| Q3 25 | 31.1% | -19.4% | ||
| Q2 25 | 23.2% | -30.5% | ||
| Q1 25 | 28.1% | -99.9% | ||
| Q4 24 | 29.1% | -36.6% | ||
| Q3 24 | 25.5% | -29.0% | ||
| Q2 24 | 25.5% | -14.3% | ||
| Q1 24 | 26.0% | -20.1% |
| Q4 25 | 29.8% | -8.9% | ||
| Q3 25 | 31.1% | -17.3% | ||
| Q2 25 | 23.2% | -28.3% | ||
| Q1 25 | 28.1% | -97.2% | ||
| Q4 24 | 29.1% | -32.3% | ||
| Q3 24 | 25.5% | -24.5% | ||
| Q2 24 | 25.5% | -9.5% | ||
| Q1 24 | 26.0% | -15.2% |
| Q4 25 | $0.70 | $-0.02 | ||
| Q3 25 | $0.73 | $-0.03 | ||
| Q2 25 | $0.50 | $-0.06 | ||
| Q1 25 | $0.58 | $-0.21 | ||
| Q4 24 | $0.58 | $-0.06 | ||
| Q3 24 | $0.49 | $-0.05 | ||
| Q2 24 | $0.48 | $-0.02 | ||
| Q1 24 | $0.50 | $-0.04 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $104.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $796.4M | $232.1M |
| Total Assets | $7.9B | $320.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $104.5M | ||
| Q3 25 | — | $100.0M | ||
| Q2 25 | — | $105.0M | ||
| Q1 25 | — | $125.6M | ||
| Q4 24 | — | $142.5M | ||
| Q3 24 | — | $163.4M | ||
| Q2 24 | — | $187.4M | ||
| Q1 24 | — | $204.7M |
| Q4 25 | $796.4M | $232.1M | ||
| Q3 25 | $779.5M | $234.4M | ||
| Q2 25 | $762.8M | $238.8M | ||
| Q1 25 | $751.5M | $250.7M | ||
| Q4 24 | $732.2M | $289.4M | ||
| Q3 24 | $736.7M | $305.1M | ||
| Q2 24 | $707.1M | $329.4M | ||
| Q1 24 | $703.1M | $333.1M |
| Q4 25 | $7.9B | $320.9M | ||
| Q3 25 | $7.9B | $335.8M | ||
| Q2 25 | $7.9B | $354.0M | ||
| Q1 25 | $7.7B | $366.1M | ||
| Q4 24 | $7.7B | $420.2M | ||
| Q3 24 | $7.7B | $448.6M | ||
| Q2 24 | $7.6B | $475.3M | ||
| Q1 24 | $7.5B | $485.5M |
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 | $7.7M |
| Free Cash FlowOCF − Capex | $203.7M | $7.7M |
| FCF MarginFCF / Revenue | 286.2% | 21.0% |
| Capex IntensityCapex / Revenue | 3.2% | 0.0% |
| Cash ConversionOCF / Net Profit | 9.70× | — |
| TTM Free Cash FlowTrailing 4 quarters | $356.1M | $-25.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $206.0M | $7.7M | ||
| Q3 25 | $146.9M | $-2.1M | ||
| Q2 25 | $-19.0M | $-14.9M | ||
| Q1 25 | $25.8M | $-12.2M | ||
| Q4 24 | $52.6M | $-12.0M | ||
| Q3 24 | $6.7M | $-3.7M | ||
| Q2 24 | $2.1M | $-13.9M | ||
| Q1 24 | $30.0M | $-3.3M |
| Q4 25 | $203.7M | $7.7M | ||
| Q3 25 | $146.4M | $-2.2M | ||
| Q2 25 | $-19.6M | $-16.2M | ||
| Q1 25 | $25.6M | $-14.3M | ||
| Q4 24 | $49.9M | $-13.3M | ||
| Q3 24 | $6.5M | $-3.9M | ||
| Q2 24 | $1.3M | $-14.1M | ||
| Q1 24 | $29.2M | $-3.4M |
| Q4 25 | 286.2% | 21.0% | ||
| Q3 25 | 206.3% | -6.1% | ||
| Q2 25 | -30.0% | -42.3% | ||
| Q1 25 | 40.7% | -34.7% | ||
| Q4 24 | 82.1% | -37.5% | ||
| Q3 24 | 11.1% | -9.7% | ||
| Q2 24 | 2.3% | -29.1% | ||
| Q1 24 | 50.0% | -6.7% |
| Q4 25 | 3.2% | 0.0% | ||
| Q3 25 | 0.8% | 0.2% | ||
| Q2 25 | 0.9% | 3.3% | ||
| Q1 25 | 0.4% | 5.3% | ||
| Q4 24 | 4.3% | 3.5% | ||
| Q3 24 | 0.4% | 0.6% | ||
| Q2 24 | 1.4% | 0.5% | ||
| Q1 24 | 1.4% | 0.1% |
| Q4 25 | 9.70× | — | ||
| Q3 25 | 6.66× | — | ||
| Q2 25 | -1.26× | — | ||
| Q1 25 | 1.46× | — | ||
| Q4 24 | 2.97× | — | ||
| Q3 24 | 0.45× | — | ||
| Q2 24 | 0.14× | — | ||
| Q1 24 | 1.98× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HAFC
Segment breakdown not available.
SMRT
| Hosted Services | $18.1M | 50% |
| Hardware Service | $12.5M | 34% |
| Smart Operations Solutions | $2.6M | 7% |
| Access Control | $2.0M | 5% |
| Other Smart Communities Solutions | $1.3M | 3% |
