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Hennessy Advisors

HNNA

Hennessy Advisors, Inc. is a publicly traded investment management firm that provides advisory and shareholder services to the Hennessy Funds family.

Market cap
$80.6M-18.2%
Revenue$33.0M-7.1%
Net income$8.4M-14.2%
Free cash flow$10.4M-17.2%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 3 weeks)
Revenue estimate$10.0M
EPS estimate$0.37

Financials

Q2 2026

Income statement

See full
Revenue$8.1M-12.3%
Net income$1.9M-26.1%

Balance sheet

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Cash & equivalents$73.1M+8.1%
Total debt$516.0K-98.7%
Total equity$100.0M+5.1%
Total assets$160.5M+3.2%

Cash flow

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Operating cash flow$2.3M-38.3%
CapEx$66.0K-18.5%
Free cash flow$2.2M-38.8%

Valuation & ratios

Valuation

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Market cap$80.6M-18.2%
Enterprise value$8.07M-88.3%
P/E9.6×-0.4×
P/S2.4×-0.3×

Profitability

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Net margin25.4%-2.1pp
FCF margin31.6%-3.8pp

Returns & leverage

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Return on equity8.6%-2.0pp
Debt / equity-0.4×
Current ratio1.8×-16.0×

Competitors

Profile

Hennessy Advisors, Inc. is a publicly traded investment management firm that provides advisory and shareholder services to the Hennessy Funds family. The company employs a disciplined, buy-and-hold investment philosophy across a suite of mutual funds and exchange-traded funds. Its growth strategy is driven by organic asset accumulation through national distribution networks and the strategic acquisition of investment management contracts from other firms.

Competitive position

A boutique investment manager that competes by offering specialized quantitative and actively managed niche strategies while utilizing a 'manager of managers' sub-advisory model.

GeographiesUnited States
Customer segmentsRetail, High Net Worth, Financial Intermediaries
Business modelAsset-based fees, Investment Management
SuppliersSub-advisory investment firms, Fund administrators, Custodial banks, Broker-dealers for trade execution
CustomersRetail mutual fund investors, ETF investors, Broker-dealer networks, Fund supermarkets
Listed2002
Employees18.0
CEONeil Joseph Hennessy
FilingsSEC EDGAR

Questions, answered.

What is Hennessy Advisors's market cap?
Hennessy Advisors (HNNA) has a market capitalization of $80.6M and trades on NASDAQ.
What is Hennessy Advisors's revenue and profitability?
Hennessy Advisors generated $33.0M in trailing twelve-month revenue with net income of $8.4M, representing a net margin of 25.4%, with free cash flow of $10.4M. These figures are based on the Q1 2026 filing.
Who are Hennessy Advisors's competitors?
Hennessy Advisors's key competitors include Franklin Resources, Inc., T. Rowe Price Group, Inc., BlackRock, Inc., and others. These companies compete in similar markets and product categories.
Who does Hennessy Advisors partner with?
Hennessy Advisors's notable partners include U.S. Bank Global Fund Services, Broad Run Investment Management, LLC, SPARX Asset Management Co., Ltd., and others.
Where is Hennessy Advisors headquartered?
Hennessy Advisors is headquartered in United States of America and employs approximately 18 people. It has been publicly traded since 2002.