Filing Flows › Comparisons › MLCI vs HNNA
Mount Logan Capital vs Hennessy Advisors: MLCI and HNNA compared
Mount Logan Capital is the larger company: $12.9M of revenue in its latest quarter (Q3 2026) against $8.4M for Hennessy Advisors (Q3 FY26). Mount Logan Capital is growing faster (+12% against +4% a year earlier). Hennessy Advisors is more profitable, with an operating margin of 34.7% against -29.0%.
Where the money goes: MLCI and HNNA
Mount Logan Capital (MLCI) · Q3 2026
Mount Logan Capital, Q3 2026: revenue $12.9M (+12% year over year), operating margin -29.0%, net loss $3.7M. The chart follows the revenue to costs, profit and cash.
Hennessy Advisors (HNNA) · Q3 FY26
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.
| Mount Logan Capital (MLCI) | Hennessy Advisors (HNNA) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 FY26 |
| Revenue | $12.9M | $8.4M |
| Revenue growth, Y/Y | +12% | +4% |
| Operating margin | -29.0% | 34.7% |
| Net earnings | −$3.7M | $2.0M |
| Net margin | -29.0% | 23.8% |
| Operating cash flow | — | $3.7M |
| Free cash flow | — | $3.7M |
Where the revenue comes from
Hennessy Advisors
- Investment Advice: $7.8M (93%)
- Shareholder Service: $563K (7%)
Questions
Which is bigger, Mount Logan Capital or Hennessy Advisors?
Mount Logan Capital is the larger company: $12.9M of revenue in its latest quarter (Q3 2026) against $8.4M for Hennessy Advisors (Q3 FY26).
Is Mount Logan Capital or Hennessy Advisors growing faster?
Mount Logan Capital is growing faster (+12% against +4% a year earlier).
Which is more profitable, Mount Logan Capital or Hennessy Advisors?
Hennessy Advisors is more profitable, with an operating margin of 34.7% against -29.0%.
More: Mount Logan Capital earnings · how Mount Logan Capital makes money · Hennessy Advisors earnings · how Hennessy Advisors makes money
From the companies' latest 10-Q, 10-K or earnings release (8-K filed Nov 5, 2026; 10-Q filed Aug 5, 2026). Fiscal quarters can end on different dates. Not investment advice.