Filing Flows › Hennessy Advisors (HNNA) › Q3 FY26 › vs Q3 FY25
Hennessy Advisors (HNNA) Q3 FY26 vs Q3 FY25 (year over year)
Hennessy Advisors's revenue rose $336K (+4%) from $8.1M in Q3 FY25 to $8.4M in Q3 FY26. The biggest changes: Investment Advice +$319K (+4%); Shareholder Service +$17K (+3%). Operating margin 34.7% against 35.4% (-0.7 pts).
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 draws each line against Q3 FY25, the increases inside each band.
Margins
| Q3 FY26 | Q3 FY25 | Change | |
|---|---|---|---|
| Operating margin | 34.7% | 35.4% | -0.7 pts |
| Net margin | 23.8% | 26.3% | -2.5 pts |
| Free cash flow margin | 44.2% | 49.0% | -4.8 pts |
Every line
| Line | Q3 FY26 | Q3 FY25 | Change | % |
|---|---|---|---|---|
| Investment Advice | $7.8M | $7.5M | $319K | +4% |
| Shareholder Service | $563K | $546K | $17K | +3% |
| Revenue | $8.4M | $8.1M | $336K | +4% |
| Operating profit | $2.9M | $2.8M | $64K | +2% |
| Costs & expenses | $5.5M | $5.2M | $272K | +5% |
| Pre-tax earnings | $2.8M | $3.0M | −$186K | -6% |
| Other expense, net | $138K | −$112K | $250K | — |
| General & admin | $1.6M | $1.4M | $148K | +10% |
| Other operating costs | $3.9M | $3.8M | $124K | +3% |
| Net earnings | $2.0M | $2.1M | −$122K | -6% |
| Income tax | $776K | $840K | −$64K | -8% |
| Depreciation | $77K | $74K | $3K | +4% |
| Share-based compensation | $299K | $275K | $24K | +9% |
| Working capital & other | $1.4M | $1.5M | −$179K | -12% |
| Operating cash flow | $3.7M | $4.0M | −$274K | -7% |
| Free cash flow (OCF − capex) | $3.7M | $3.9M | −$237K | -6% |
| Capital expenditures | $30K | $67K | −$37K | -55% |
Questions
How much did Hennessy Advisors's revenue grow year over year in Q3 FY26?
Hennessy Advisors's revenue rose $336K (+4%) from $8.1M in Q3 FY25 to $8.4M in Q3 FY26.
What drove Hennessy Advisors's revenue change in Q3 FY26?
Investment Advice +$319K (+4%); Shareholder Service +$17K (+3%).