Hennessy Advisors Q3 revenue up 4%, net income down 6% on early note redemption
Hennessy Advisors reported results for its fiscal third quarter ended June 30, 2026, with revenue up 4.2% to $8.4 million. Net income fell 5.7% to $2.0 million, which the company attributed mainly to the early redemption of its notes payable, and diluted EPS was $0.25 versus $0.26 a year earlier. The company also declared a $0.15 per share quarterly dividend, payable September 3, 2026.
Key points
- Total revenue of $8,390,476, up 4.2% from $8,054,259 a year earlier, driven by higher average assets under management
- Net income of $1,999,148, down 5.7%, mainly from the early redemption of $40.25 million in notes payable ahead of their December 31, 2026 maturity
- Diluted EPS of $0.25 versus $0.26 in the prior-year quarter; total assets under management of $4.4 billion, up 2.6%
- Quarterly cash dividend of $0.15 per share, payable September 3, 2026, to holders of record on August 20, 2026
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.