Hennessy Advisors Inc (HNNA) Financial Statements
Industry: Investment Advice
In fiscal 2025, Hennessy Advisors reported revenue of $35.5M, up 19.9% from $29.6M the year before. Net income was $10.0M (a 28.0% net margin), or $1.27 per diluted share. Operating margin was 37.0%. Operating activities generated $13.8M of cash, leaving $13.4M of free cash flow. At fiscal year end, Hennessy Advisors held $160.5M in total assets against $62.7M in total liabilities, including $72.4M of cash and equivalents.
Open the full interactive Hennessy Advisors financials → Quarterly statements, key ratios, valuation history and price charts.
Hennessy Advisors Key Stats
| Share Price | $10.31 |
|---|---|
| Market Cap | $82.9M |
| P/E Ratio | 8.1 |
| Dividend Yield | 5.37% |
| Revenue YoY Growth | +19.9% |
| 52-Week Range | $8.46 – $10.48 |
| Shares Outstanding | 7.9 million (basic, 2026 Q3) |
Hennessy Advisors Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $33.4M | $32.8M | $29.7M | $24.0M | $29.6M | $35.5M |
| Operating Income | $11.3M | $10.9M | $9.8M | $6.3M | $8.9M | $13.1M |
| Pre-Tax Income | $11.0M | $10.9M | $7.9M | $6.6M | $9.7M | $13.6M |
| Income Tax | $3.1M | $3.0M | $1.8M | $1.8M | $2.6M | $3.7M |
| Net Income | $7.8M | $7.9M | $6.2M | $4.8M | $7.1M | $10.0M |
| Diluted EPS | $1.06 | $1.07 | $0.82 | $0.63 | $0.92 | $1.27 |
Hennessy Advisors Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $8.5M | $8.3M | $8.1M | $8.4M |
| Net Income | $2.4M | $1.9M | $1.9M | $2.0M |
| Diluted EPS | $0.31 | $0.24 | $0.24 | $0.25 |
Hennessy Advisors Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $10.0M | $15.8M | $58.5M | $60.5M | $63.9M | $72.4M |
| Current Assets | $13.4M | $19.7M | $61.7M | $63.7M | $68.3M | $76.5M |
| Total Assets | $94.8M | $101.9M | $143.7M | $145.7M | $152.1M | $160.5M |
| Current Liabilities | $5.1M | $5.6M | $4.7M | $4.2M | $5.0M | $6.0M |
| Total Long-Term Debt | — | — | $38.9M | $39.2M | $39.5M | $39.8M |
| Total Liabilities | $16.6M | $18.6M | $57.4M | $58.0M | $60.8M | $62.7M |
| Shareholders' Equity | $78.2M | $83.3M | $86.3M | $87.8M | $91.3M | $97.7M |
Hennessy Advisors Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $10.6M | $10.4M | $8.7M | $7.1M | $9.3M | $13.8M |
| Cash From Investing | -$882,000 | -$249,000 | -$231,000 | -$819,000 | -$1.3M | -$627,000 |
| Cash From Financing | -$24.5M | -$4.3M | $34.2M | -$4.3M | -$4.5M | -$4.7M |
| Free Cash Flow | $10.5M | $10.1M | $8.4M | $6.9M | $9.0M | $13.4M |
| Dividends Paid | $4.0M | $4.0M | $4.0M | $4.1M | $4.2M | $4.2M |
Figures from Hennessy Advisors' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Hennessy Advisors financials page for every line item.
Hennessy Advisors Company Profile
| Ticker | HNNA |
|---|---|
| Exchange | Nasdaq |
| Industry | Investment Advice |
| Headquarters | Novato, California |
| Fiscal Year End | September 30 |
| SEC Filer Category | Non-accelerated filer, smaller reporting company |
| SEC CIK | 0001145255 |
Frequently Asked Questions
What was Hennessy Advisors' revenue in fiscal 2025?
Hennessy Advisors (HNNA) reported revenue of $35.5M for fiscal 2025.
What is Hennessy Advisors' annual revenue history?
Hennessy Advisors' annual revenue by fiscal year: 2020: $33.4M; 2021: $32.8M; 2022: $29.7M; 2023: $24.0M; 2024: $29.6M; 2025: $35.5M.
What was Hennessy Advisors' net income in fiscal 2025?
Hennessy Advisors reported net income of $10.0M for fiscal 2025.
What was Hennessy Advisors' earnings per share (EPS) in fiscal 2025?
Hennessy Advisors' diluted EPS was $1.27 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Hennessy Advisors generate in fiscal 2025?
Hennessy Advisors generated $13.4M of free cash flow in fiscal 2025.
What was Hennessy Advisors' revenue last quarter?
In its most recent reported quarter (2026 Q3), Hennessy Advisors reported revenue of $8.4M.
How much debt does Hennessy Advisors have?
Hennessy Advisors reported $39.8M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Hennessy Advisors are outstanding?
Hennessy Advisors reported a weighted average of 7.9 million basic shares outstanding in 2026 Q3.
What is Hennessy Advisors' market cap?
Based on its latest closing price, Hennessy Advisors (HNNA) has a market capitalization of about $82.9M.
When does Hennessy Advisors' fiscal year end?
Hennessy Advisors' fiscal year end, as registered with the SEC, is September 30.
Where is Hennessy Advisors headquartered?
Hennessy Advisors lists its business address in Novato, California in its SEC filings.