HNNA · Hennessy Advisors Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.13M | $8.32M | - | $8.05M | $6.94M | $9.71M | $5.70M | $5.92M | $6.14M | $6.91M |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $1.64M | $1.91M | - | $1.43M | $1.46M | $1.65M | $1.30M | $1.28M | $1.57M | $1.23M |
| Total Operating Expenses | $5.52M | $5.72M | - | $5.21M | $5.02M | $5.88M | $4.32M | $4.32M | $4.54M | $4.58M |
| D&A | $86.0K | $66.0K | - | $74.0K | $57.0K | $61.0K | $59.0K | $56.0K | $49.0K | $52.0K |
| Operating Income | $2.61M | $2.60M | - | $2.85M | $1.92M | $3.83M | $1.38M | $1.59M | $1.60M | $2.33M |
| Interest Expense | $578.0K | $576.0K | - | $574.0K | $568.0K | $572.0K | $565.0K | $562.0K | $563.0K | $562.0K |
| Income Tax | $736.0K | $749.0K | - | $840.0K | $582.0K | $1.13M | $412.0K | $415.0K | $390.0K | $485.0K |
| Net Income | $1.91M | $1.93M | - | $2.12M | $1.54M | $2.83M | $1.12M | $1.20M | $1.12M | $1.30M |
| EPS - Basic | $0.25 | $0.24 | - | $0.27 | $0.20 | $0.36 | $0.15 | $0.16 | $0.15 | $0.17 |
| EPS - Diluted | $0.24 | $0.24 | - | $0.26 | $0.20 | $0.36 | $0.15 | $0.15 | $0.15 | $0.17 |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $73.06M | $71.97M | $72.43M | $70.32M | $67.56M | $64.98M | $60.48M | $57.87M | $57.05M | $58.49M |
| Accounts Receivable | - | - | - | - | - | - | - | $1.94M | $2.08M | $2.05M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $77.11M | $76.01M | $76.52M | $74.19M | $71.77M | $69.49M | $63.70M | $60.95M | $60.15M | $61.66M |
| Total Assets | $160.54M | $159.56M | $160.46M | $158.00M | $155.53M | $153.30M | $145.72M | $142.97M | $142.22M | $143.65M |
| Current Liabilities | $43.35M | $43.56M | $6.01M | $4.76M | $4.04M | $3.80M | $4.19M | $2.63M | $2.69M | $4.72M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $60.52M | $60.65M | $62.72M | $61.45M | $60.33M | $59.90M | $57.97M | $55.88M | $55.56M | $57.35M |
| Stockholders' Equity | $100.02M | $98.91M | $97.74M | $96.55M | $95.20M | $93.39M | $87.75M | $87.09M | $86.66M | $86.30M |
| Retained Earnings | $75.83M | $75.10M | $74.26M | $73.05M | $72.00M | $70.48M | $65.95M | $65.58M | $65.42M | $65.35M |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | $661.0K | - | - | - | $2.23M | - | - | ($32.0K) | - |
| Investing Cash Flow | - | ($60.0K) | - | - | - | ($127.0K) | - | - | ($381.0K) | - |
| Financing Cash Flow | - | ($1.06M) | - | - | - | ($1.05M) | - | - | ($1.02M) | - |
| CapEx | - | $60.0K | - | - | - | $117.0K | - | - | $64.0K | - |
| Free Cash Flow | - | $601.0K | - | - | - | $2.12M | - | - | ($96.0K) | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 | Q1 '22 | Q3 '22 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 32.1% | 31.3% | - | 35.4% | 27.7% | 39.5% | 24.2% | 26.9% | 26.1% | 33.7% |
| EBITDA margin | 33.1% | 32.1% | - | 36.3% | 28.5% | 40.1% | 25.3% | 27.9% | 26.9% | 34.5% |
| Net margin | 23.5% | 23.2% | - | 26.3% | 22.2% | 29.2% | 19.6% | 20.2% | 18.2% | 18.8% |
| Free cash flow margin | - | 7.2% | - | - | - | 21.8% | - | - | -1.6% | - |
| FCF / Net income | - | 0.31 | - | - | - | 0.75 | - | - | -0.09 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 20.1% | 23.0% | - | 17.8% | 21.1% | 17.0% | 22.9% | 21.6% | 25.5% | 17.8% |
| Effective tax rate | 27.8% | 28.0% | - | 28.4% | 27.4% | 28.6% | 27.0% | 25.8% | 25.8% | 27.2% |
| Return on assets | 1.2% | 1.2% | - | 1.3% | 1.0% | 1.8% | 0.8% | 0.8% | 0.8% | 0.9% |
| Return on equity | 1.9% | 2.0% | - | 2.2% | 1.6% | 3.0% | 1.3% | 1.4% | 1.3% | 1.5% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.78 | 1.75 | 12.72 | 15.58 | 17.79 | 18.29 | 15.20 | 23.13 | 22.40 | 13.07 |
| Quick ratio | 1.78 | 1.75 | 12.72 | 15.58 | 17.79 | 18.29 | 15.20 | 23.13 | 22.40 | 13.07 |
| Cash ratio | 1.69 | 1.65 | 12.05 | 14.76 | 16.74 | 17.10 | 14.43 | 21.96 | 21.25 | 12.40 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 4.5x | 4.5x | - | 5.0x | 3.4x | 6.7x | 2.4x | 2.8x | 2.9x | 4.1x |
| Equity multiplier | 1.61 | 1.61 | 1.64 | 1.64 | 1.63 | 1.64 | 1.66 | 1.64 | 1.64 | 1.66 |
| Liabilities / Assets | 0.38 | 0.38 | 0.39 | 0.39 | 0.39 | 0.39 | 0.40 | 0.39 | 0.39 | 0.40 |
| Efficiency | ||||||||||
| Asset turnover | 0.05 | 0.05 | - | 0.05 | 0.04 | 0.06 | 0.04 | 0.04 | 0.04 | 0.05 |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | 120d | 123d | 108d |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 40.6x | 40.0x | - | 48.5x | 49.8x | 35.4x | 44.4x | 51.7x | 56.0x | 51.0x |
| P / B | 0.8x | 0.8x | - | 1.0x | 0.8x | 1.1x | 0.6x | 0.7x | 0.7x | 0.8x |
| P / S | 9.6x | 9.2x | - | 12.5x | 11.1x | 10.3x | 8.9x | 10.0x | 10.4x | 9.5x |
| EV / EBITDA | 1.8x | 1.7x | - | 10.3x | 4.6x | 9.1x | -6.8x | 0.7x | 4.0x | 3.0x |
| Growth | ||||||||||
| Revenue growth (YoY) | - | - | - | 41.3% | 17.3% | - | -17.5% | -23.6% | -21.1% | -19.0% |
| Revenue CAGR (3y) | 11.2% | - | - | -1.9% | -4.4% | 7.6% | -6.1% | -12.7% | -23.7% | -12.9% |
| Revenue CAGR (5y) | 0.5% | 1.3% | - | -5.1% | -13.1% | -6.8% | -15.9% | -15.8% | -14.3% | -12.1% |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | - | - | - | 106.2% | 20.5% | - | -40.7% | -40.4% | -33.4% | -23.2% |
| Net income growth (YoY) | - | - | - | 90.1% | 28.9% | - | -14.2% | -25.4% | -36.9% | -42.0% |
| EPS growth (YoY) | - | - | - | 73.3% | 33.3% | - | -11.8% | -28.6% | -37.5% | -43.3% |
| EPS CAGR (3y) | 17.0% | - | - | -4.7% | -8.4% | 14.5% | -14.5% | -17.8% | -27.3% | -20.6% |
| EPS CAGR (5y) | -1.6% | 0.0% | - | -5.2% | -11.6% | -1.6% | -22.3% | -23.7% | -27.3% | -19.7% |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | -9.4% | - | - | - | -2.0% | - | - | - | - |
| Book value growth (YoY) | - | - | 1.2% | 10.0% | 9.3% | - | 1.7% | 2.0% | 9.3% | 3.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-30.
Product / service
$35.54M totalInvestment Advice$33.17M · 93.3%
Shareholder Service$2.36M · 6.7%
Peer comparison
Same SIC group: Investment Advice
Comparing HENNESSY ADVISORS INC against the 5 most active filers in the same SIC group.
Dividends
$0.58/share trailing 12 months · +4.3% YoY
| Ex-date | Per share |
|---|---|
| May 21, 2026 | $0.1500 |
| Feb 18, 2026 | $0.1500 |
| Nov 12, 2025 | $0.1380 |
| Aug 20, 2025 | $0.1380 |
| May 20, 2025 | $0.1380 |
| Feb 24, 2025 | $0.1380 |
| Nov 14, 2024 | $0.1380 |
| Aug 22, 2024 | $0.1380 |
| May 21, 2024 | $0.1380 |
| Feb 16, 2024 | $0.1380 |
| Nov 10, 2023 | $0.1380 |
| Aug 22, 2023 | $0.1380 |
| May 22, 2023 | $0.1380 |
| Feb 17, 2023 | $0.1380 |
| Nov 14, 2022 | $0.1380 |
| Aug 15, 2022 | $0.1380 |
| May 20, 2022 | $0.1380 |
| Feb 18, 2022 | $0.1380 |
| Nov 9, 2021 | $0.1380 |
| Aug 16, 2021 | $0.1380 |
| May 24, 2021 | $0.1380 |
| Feb 23, 2021 | $0.1380 |
| Nov 10, 2020 | $0.1380 |
| Aug 18, 2020 | $0.1380 |