In this paper a hardware design of area-efficient hash processor which implements MD5 algorithm using hardware sharing and carry-save addition schemes is described. To reduce area, the processor adopts hardware sharing scheme in which 1 step operation is divided into 2 substeps and then each substep is executed using the same hardware. Also to increase clock frequency, three serial additions of substep operation are transformed into two carry-save additions and one carry propagation addition. The MD5 hash processor is designed using 0.25 $mu extrm{m}$CMOS technology and consists of about 13,000 gates. From timing simulation results, the designed MD5 hash processor has 465 Mbps hash rates for 512-bit input message data under 120 MHz operating frequency.