Safe Harbor Financial Reports Strong Q4 and Full Year 2025 Results

Highlights include 12% sequential sales growth, debt elimination, and balance sheet transformation.

Apr. 16, 2026 at 10:52am

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An extreme close-up of various metal and mechanical banking components, conveying a sense of industrial power and financial security without depicting any literal currency or financial symbols.Safe Harbor Financial's improved balance sheet and operational progress position the company to continue providing critical financial services to the rapidly growing cannabis industry.Denver Today

Safe Harbor Financial, a leading fintech platform serving the banking, lending, and financial services needs of the regulated cannabis and hemp industries, announced its financial results for the fourth quarter and full year ended December 31, 2025. The company eliminated $18 million in debt, returned to positive stockholders' equity of $8.2 million, and ended the year with $6.8 million in cash.

Why it matters

Safe Harbor's transformation highlights the company's ability to navigate the evolving cannabis finance landscape, providing critical banking, lending, and other financial services to a rapidly growing industry. The improved balance sheet and operational progress position Safe Harbor for continued growth and innovation.

The details

Key Q4 2025 results include a 12% sequential increase in revenue to $2.1 million, a 70% increase in loan program income, and a 72% year-over-year decline in operating expenses to $3.3 million. For the full year 2025, revenue was $7.7 million and the company reported a net loss of $2.2 million, a significant improvement from the $48.3 million net loss in 2024.

  • Safe Harbor released its preliminary 2025 results in early 2026.
  • The company's audit was completed and full-year results announced on April 16, 2026.

The players

Safe Harbor Financial

A leading fintech platform serving the banking, lending, and financial services needs of the regulated cannabis and hemp industries.

Terrance Mendez

Chief Executive Officer of Safe Harbor Financial.

Partner Colorado Credit Union (PCCU)

A credit union that has an extended agreement with Safe Harbor through 2031 to provide banking services.

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What they’re saying

“When we released our preliminary results, we could confirm the strategic wins but not all of the final numbers for the year ended December 31, 2025. Now that our audit is complete, the full picture is clear and it validates what we said in the preliminary release.”

— Terrance Mendez, Chief Executive Officer

“With a clean balance sheet, a financial institution agreement extended through 2031 at nearly double our prior share of loan program income, and new revenue lines, we enter 2026 in a fundamentally different financial position than we have been in at any point in our recent history.”

— Terrance Mendez, Chief Executive Officer

What’s next

Safe Harbor plans to continue expanding its financial services offerings for the cannabis industry, leveraging its improved balance sheet and extended partnership with PCCU.

The takeaway

Safe Harbor's strong financial performance and balance sheet transformation position the company as a leader in providing critical banking, lending, and other financial services to the rapidly growing cannabis industry.