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Hennessy Advisors (HNNA) operating margin by quarter

Hennessy Advisors' operating margin was 34.7% in Q3 FY26 (third quarter fiscal 2026), +2.6 pts from Q2 FY26. Over the last 7 quarters it ranged from 31.3% (Q1 FY26) to 37.2% (Q2 FY25).

Hennessy Advisors operating margin by quarterHennessy Advisors operating margin by quarter33.5%Q4 FY2437.2%Q2 FY2535.4%Q3 FY2535.5%Q4 FY2531.3%Q1 FY2632.1%Q2 FY2634.7%Q3 FY26
QuarterOperating marginQ/QY/Y
Q3 FY2634.7%+2.6 pts-0.7 pts
Q2 FY2632.1%+0.8 pts-5.1 pts
Q1 FY2631.3%-4.2 pts—
Q4 FY2535.5%+0.1 pts+2.0 pts
Q3 FY2535.4%-1.8 pts—
Q2 FY2537.2%+3.7 pts—
Q4 FY2433.5%——

Q3 FY26 at a glance

Hennessy Advisors, Q3 FY26: revenue $8.4M (+4% year over year), operating margin 34.7%, net earnings $2.0M, operating cash flow $3.7M. The chart follows the revenue to costs, profit and cash.

Questions

What is Hennessy Advisors' operating margin?

Hennessy Advisors' operating margin was 34.7% in Q3 FY26 (third quarter fiscal 2026), +2.6 pts from Q2 FY26.

How has Hennessy Advisors' operating margin changed?

Over the last 7 quarters it ranged from 31.3% (Q1 FY26) to 37.2% (Q2 FY25).

Q3 FY26 results → · How Hennessy Advisors makes money →