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NASDAQ · Finance

Hennessy Advisors Inc (HNNA)

Hennessy Advisors Inc brought in $33.3M of revenue over the twelve months to June 30, 2026, down 6.9% from a year earlier. Net income was $8.3M, a net margin of 24.8%. Operating cash flow minus capital spending left $13.4M of free cash flow in fiscal 2025. At June 30, 2026 it held $35.4M in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 5, 2026.

Price
$10.18
-0.10% on the day · September 25, 2026
52-week range $8.90 to $11.02
Market cap
$80.5M
Revenue (last 12 months)
$33.3M
-6.9% year on year
Net margin
24.8%
P/E
8.0
on FY2025 diluted EPS

What Hennessy Advisors Inc does

Hennessy Advisors Inc is registered with the SEC under industry code SIC 6282 (Investment Advice). Its shares trade on NASDAQ under the ticker HNNA.

Revenue and profit by year

Revenue
FY18: $54.6M $54.6M FY18FY19: $42.7M $42.7M FY19FY20: $33.4M $33.4M FY20FY21: $32.8M $32.8M FY21FY22: $29.7M $29.7M FY22FY23: $24M $24M FY23FY24: $29.6M $29.6M FY24FY25: $35.5M $35.5M FY25
Net income
FY18: $20.6M $20.6M FY18FY19: $11M $11M FY19FY20: $7.8M $7.8M FY20FY21: $7.9M $7.9M FY21FY22: $6.2M $6.2M FY22FY23: $4.8M $4.8M FY23FY24: $7.1M $7.1M FY24FY25: $10M $10M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$35.5M$13.1M$10M$1.27$13.4M
2024$29.6M$8.9M$7.1M$0.92$9M
2023$24M$6.3M$4.8M$0.63$6.9M
2022$29.7M$9.8M$6.2M$0.82$8.4M
2021$32.8M$10.9M$7.9M$1.07$10.1M
2020$33.4M$11.3M$7.8M$1.06$10.5M
Next report expected around December 2, 2026.

Estimated from its filing rhythm: 52 weeks after its report of December 3, 2025. Not a date the company has announced. See the report calendar

Where HNNA ranks in Finance

Revenue$35.5M
#367 of 444 in Finance · Bottom 17%
Revenue growth+19.9%
#133 of 415 in Finance · Top 32%
Net margin28.0%
#101 of 418 in Finance · Top 24%
Free cash flow margin37.6%
#76 of 304 in Finance · Top 25%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Finance

Dividends

Hennessy Advisors Inc declared $0.55 per share in fiscal 2025. At the current price that is a yield of 5.40%. It paid out $4.2M in cash dividends, 42% of its net income.

Fiscal yearPer sharePaid outOf profit
2025$0.55$4.2M42%
2024$0.55$4.2M59%
2023$0.55$4.1M86%
2022$0.55$4M65%
2021$0.55$4M50%
2020$0.55$4M51%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Hennessy Advisors Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 13, 2026
  2. August 5, 2026
  3. August 5, 2026
    Quarterly report 10-Q · period to June 30, 2026
  4. July 16, 2026
  5. June 29, 2026
  6. May 28, 2026
  7. May 6, 2026
    Quarterly report 10-Q · period to March 31, 2026
  8. May 6, 2026
  9. April 21, 2026
  10. February 9, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 25, 2026. Insider transactions on SEC

What is HNNA worth? A DCF from its reported cash flow

Insider trades

What the people running Hennessy Advisors Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.

Insiders sold $59.5K worth of shares in the last 90 days and bought none on the open market.

Bought (open market)
$0
last 90 days
Sold
$59.5K
last 90 days
Net sold
5,792
$59.5K
DateInsiderWhatSharesPriceValueFiling
September 24, 2026 Steadman Daniel BExecutive VP Sold 5,000 $10.26 $51.3K Form 4
September 18, 2026 Libarle Daniel GAdvisory Committee Member Received as payindirect 2,800 - - Form 4
September 18, 2026 Newton KieraDirector Received as pay 5,600 - - Form 4
September 18, 2026 Knight ORiordan Lydia DDirector Received as pay 5,600 - - Form 4
September 18, 2026 Seavey Thomas LDirector Received as pay 5,600 - - Form 4
September 18, 2026 Pomilia Susan WeberDirector Received as pay 5,600 - - Form 4
September 18, 2026 Hennessy Brian ADirector Received as payindirect 5,600 - - Form 4
September 18, 2026 Hansel HenryDirector Received as pay 5,600 - - Form 4
September 18, 2026 Fahy KathrynSVP and CFO Received as pay 12,500 - - Form 4
September 18, 2026 Fahy KathrynSVP and CFO Shares withheld for tax 4,258 $10.38 $44.2K Form 4
September 18, 2026 Steadman Daniel BExecutive VP Received as pay 9,400 - - Form 4
September 18, 2026 Steadman Daniel BExecutive VP Shares withheld for tax 3,206 $10.38 $33.3K Form 4
September 18, 2026 Nilsen Teresa MPresident, COO and Secretary, Director Received as pay 19,700 - - Form 4
September 18, 2026 Nilsen Teresa MPresident, COO and Secretary, Director Shares withheld for tax 9,521 $10.38 $98.8K Form 4
September 18, 2026 Hennessy Neil JCEO, Director, 10% owner Received as payindirect 19,700 - - Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

All filings on SEC EDGAR

Questions about HNNA

What does Hennessy Advisors Inc do?

Hennessy Advisors Inc is registered with the SEC under industry code SIC 6282 (Investment Advice). Its shares trade on NASDAQ under the ticker HNNA.

Is Hennessy Advisors Inc profitable?

Yes. Over the twelve months to June 30, 2026 it reported net income of $8.3M on revenue of $33.3M, a net margin of 24.8%.

How much revenue does Hennessy Advisors Inc make?

Over the twelve months to June 30, 2026 Hennessy Advisors Inc reported revenue of $33.3M. That is 6.9% less than a year earlier.

When did Hennessy Advisors Inc last report?

Its most recent periodic report is the quarterly report (10-Q) filed on August 5, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the insider trade from September 25, 2026.

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Where the numbers come from

Financial figures are the values Hennessy Advisors Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.