# Hennessy Advisors Inc: overview HNNA · Nasdaq · CIK 1145255 · [Financials](/sectors/financials.md) · fiscal year ends Sep 30 Pages: [Overview](/companies/hnna.md) · [Financials](/companies/hnna/financials.md) · [Filings](/companies/hnna/filings.md) · [Insiders](/companies/hnna/insiders.md) Latest reported revenue: [$8.4m](/filings/0001437749-26-025952.md) for Q3 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001437749-26-025952). ## Last eight quarters | Line item | Unit | Q4 FY2024 (2024-09-30) | Q1 FY2025 (2024-12-31) | Q2 FY2025 (2025-03-31) | Q3 FY2025 (2025-06-30) | Q4 FY2025 (2025-09-30) | Q1 FY2026 (2025-12-31) | Q2 FY2026 (2026-03-31) | Q3 FY2026 (2026-06-30) | | --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Revenue | $k | [8,778 d](/filings/0001437749-25-036795.md) | [9,708](/filings/0001437749-26-003203.md) | [9,276](/filings/0001437749-26-015205.md) | [8,054](/filings/0001437749-26-025952.md) | [8,500 d](/filings/0001437749-25-036795.md) | [8,320](/filings/0001437749-26-003203.md) | [8,133](/filings/0001437749-26-015205.md) | [8,390](/filings/0001437749-26-025952.md) | | Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported | | Operating margin | % | [33.5% d](/filings/0001437749-25-036795.md) | [39.5%](/filings/0001437749-26-003203.md) | [37.2%](/filings/0001437749-26-015205.md) | [35.4%](/filings/0001437749-26-025952.md) | [35.5% d](/filings/0001437749-25-036795.md) | [31.3%](/filings/0001437749-26-003203.md) | [32.1%](/filings/0001437749-26-015205.md) | [34.7%](/filings/0001437749-26-025952.md) | | Net margin | % | [26.5% d](/filings/0001437749-25-036795.md) | [29.2%](/filings/0001437749-26-025952.md) | [27.8%](/filings/0001437749-26-025952.md) | [26.3%](/filings/0001437749-26-025952.md) | [28.5% d](/filings/0001437749-25-036795.md) | [23.2%](/filings/0001437749-26-025952.md) | [23.5%](/filings/0001437749-26-025952.md) | [23.8%](/filings/0001437749-26-025952.md) | | Diluted EPS | $ per share | not reported | [0.36](/filings/0001437749-26-003203.md) | [0.33](/filings/0001437749-26-015205.md) | [0.26](/filings/0001437749-26-025952.md) | not reported | [0.24](/filings/0001437749-26-003203.md) | [0.24](/filings/0001437749-26-015205.md) | [0.25](/filings/0001437749-26-025952.md) | | Free cash flow | $k | [3,336 d](/filings/0001437749-25-036795.md) | [2,117](/filings/0001437749-26-003203.md) | [3,664 d](/filings/0001437749-26-015205.md) | [3,949 d](/filings/0001437749-26-025952.md) | [3,622 d](/filings/0001437749-25-036795.md) | [601](/filings/0001437749-26-003203.md) | [2,243 d](/filings/0001437749-26-015205.md) | [3,712 d](/filings/0001437749-26-025952.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 12-month figure less the 9-month figure; 6-month figure less the 3-month figure; 9-month figure less the 6-month figure. ## Last five fiscal years | Line item | Unit | FY2021 (2021-09-30) | FY2022 (2022-09-30) | FY2023 (2023-09-30) | FY2024 (2024-09-30) | FY2025 (2025-09-30) | | --- | --- | ---: | ---: | ---: | ---: | ---: | | Revenue | $m | [32.8](/filings/0001193125-22-300163.md) | [29.7](/filings/0001437749-23-033810.md) | [24.0](/filings/0001437749-24-037244.md) | [29.6](/filings/0001437749-25-036795.md) | [35.5](/filings/0001437749-25-036795.md) | | Gross margin | % | not reported | not reported | not reported | not reported | not reported | | Operating margin | % | [33.2%](/filings/0001193125-22-300163.md) | [33.2%](/filings/0001437749-23-033810.md) | [26.4%](/filings/0001437749-24-037244.md) | [29.9%](/filings/0001437749-25-036795.md) | [37.0%](/filings/0001437749-25-036795.md) | | Net margin | % | [24.1%](/filings/0001193125-22-300163.md) | [20.9%](/filings/0001437749-23-033810.md) | [19.9%](/filings/0001437749-24-037244.md) | [23.9%](/filings/0001437749-25-036795.md) | [28.0%](/filings/0001437749-25-036795.md) | | Diluted EPS | $ per share | [1.07](/filings/0001193125-22-300163.md) | [0.82](/filings/0001437749-23-033810.md) | [0.63](/filings/0001437749-24-037244.md) | [0.92](/filings/0001437749-25-036795.md) | [1.27](/filings/0001437749-25-036795.md) | | Free cash flow | $m | [10.1](/filings/0001193125-22-300163.md) | [8.4](/filings/0001437749-23-033810.md) | [6.9](/filings/0001437749-24-037244.md) | [9.0](/filings/0001437749-25-036795.md) | [13.4](/filings/0001437749-25-036795.md) | - Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. - Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted. - Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing. ## Insider purchases and sales The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/hnna/insiders.md) None in coverage. ## Funds that report holding it From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md) | Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before | | --- | --- | ---: | ---: | --- | --- | | [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $2.4m | 238,662 | | Reduced −194 | | [Truffle Hound Capital, LLC](/funds/1595862.md) | 2026-06-30 | $2.0m | 200,000 | | Unchanged | | [AEGIS FINANCIAL CORP](/funds/1140753.md) | 2026-06-30 | $1.7m | 170,768 | | Added +29,415 | | [RENAISSANCE TECHNOLOGIES LLC](/funds/1037389.md) | 2026-06-30 | $991.5k | 97,688 | | Reduced −2,400 | | [Allworth Financial LP](/funds/1555170.md) | 2026-06-30 | $826.0k | 81,380 | | Unchanged | | [Perigon Wealth Management, LLC](/funds/1575239.md) | 2026-06-30 | $647.5k | 63,798 | | Unchanged | | [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $594.3k | 58,540 | | Added +7,238 | | [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $542.7k | 53,469 | | Added +792 | | [VANGUARD FIDUCIARY TRUST CO](/funds/933478.md) | 2026-06-30 | $280.0k | 27,585 | | Added +194 | | [BRIDGEWAY CAPITAL MANAGEMENT, LLC](/funds/1107261.md) | 2026-06-30 | $239.0k | 23,551 | | Added +1,540 | ## Recent filings [All 845 filings](/companies/hnna/filings.md) | Filed | Accepted | Form | What it is | Accession | | --- | --- | --- | --- | --- | | 2026-08-05 | 20:51 ET | [8-K](/filings/0001437749-26-025953.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-26-025953 | | 2026-08-05 | 20:51 ET | [10-Q](/filings/0001437749-26-025952.md) | Quarterly report, period 2026-06-30 | 0001437749-26-025952 | | 2026-05-28 | 20:15 ET | [8-K](/filings/0001437749-26-018751.md) | 8.01 Other events | 0001437749-26-018751 | | 2026-05-06 | 20:15 ET | [10-Q](/filings/0001437749-26-015205.md) | Quarterly report, period 2026-03-31 | 0001437749-26-015205 | | 2026-05-06 | 20:15 ET | [8-K](/filings/0001437749-26-015206.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-26-015206 | | 2026-02-09 | 21:15 ET | [8-K](/filings/0001437749-26-003520.md) | 5.07 Shareholder vote results | 0001437749-26-003520 | | 2026-02-05 | 21:15 ET | [10-Q](/filings/0001437749-26-003203.md) | Quarterly report, period 2025-12-31 | 0001437749-26-003203 | | 2026-02-05 | 21:15 ET | [8-K](/filings/0001437749-26-003204.md) | 2.02 Results of operations; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001437749-26-003204 | | 2025-12-10 | 21:15 ET | [DEF 14A](/filings/0001437749-25-037402.md) | Proxy statement, period 2026-02-05 | 0001437749-25-037402 | | 2025-12-03 | 21:15 ET | [10-K](/filings/0001437749-25-036795.md) | Annual report, period 2025-09-30 | 0001437749-25-036795 | ## Latest annual report [Form 10-K for the fiscal year ended Sep 30, 2025](/filings/0001437749-25-036795.md), filed Dec 3, 2025. ## Forecast league Q4 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/0af3c086-eeda-47cf-b3d9-f7de09f0dc80) ## About the filer - CIK: 1145255 - Tickers: HNNA - Exchange: Nasdaq - SIC code: 6282 Investment Advice - State of incorporation: not reported - Filer category: Non-accelerated filer
Smaller reporting company Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:34 ET. No prices; not investment advice.