HENNESSY ADVISORS INC
Financial highlights
| Metric | FY 09/30/25 | FY 09/30/24 | FY 09/30/23 | FY 09/30/22 | FY 09/30/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $35.5M | $29.6M | $24.0M | $29.7M | $32.8M |
| Operating expenses | $22.4M | $20.8M | $17.7M | $19.8M | $21.9M |
| Operating income | $13.1M | $8.9M | $6.3M | $9.8M | $10.9M |
| Interest expense | $2.3M | $2.3M | $2.3M | $2.1M | $0 |
| Pretax income | $13.6M | $9.7M | $6.6M | $7.9M | $10.9M |
| Income tax expense | $3.7M | $2.6M | $1.8M | $1.8M | $3.0M |
| Net income | $10.0M | $7.1M | $4.8M | $6.2M | $7.9M |
| Balance Sheet | |||||
| Cash and equivalents | $72.4M | $63.9M | $60.5M | $58.5M | $15.8M |
| Current assets | $76.5M | $68.3M | $63.7M | $61.7M | $19.7M |
| Total assets | $160.5M | $152.1M | $145.7M | $143.7M | $101.9M |
| Current liabilities | $6.0M | $5.0M | $4.2M | $4.7M | $5.6M |
| Total liabilities | $62.7M | $60.8M | $58.0M | $57.4M | $18.6M |
| Stockholders' equity | $97.7M | $91.3M | $87.8M | $86.3M | $83.3M |
| Cash Flow Statement | |||||
| Cash from operations | $13.8M | $9.3M | $7.1M | $8.7M | $10.4M |
| Depreciation and amortization | $290,000 | $244,000 | $230,000 | $207,000 | $232,000 |
| Stock-based compensation | $1.1M | $990,000 | $1.0M | $1.3M | $1.4M |
| Capital expenditure | $440,000 | $313,000 | $215,000 | $216,000 | $249,000 |
| Free cash flow | $13.4M | $9.0M | $6.9M | $8.4M | $10.1M |
| Dividends paid | $4.2M | $4.2M | $4.1M | $4.0M | $4.0M |
| Share repurchases | $459,000 | $403,000 | $233,000 | $356,000 | $322,000 |
Shares outstanding 7.9M · Free float 49.4%
Annual filing data through FY ended September 30, 2025; float as of July 12, 2026.