Hennessy Advisors, Inc. (HNNA) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 6.72M | 5.84M | 7.22M | 5.55M | 6.6M | 5.54M | 4.74M | 4.2M | 3.44M | 3.22M | 3.15M | 2.75M | 2.92M | 4.29M | 4.52M | 3.61M | 5.63M | 4.24M | 6.12M | 4.22M |
| Gross Margin % | 82.68% | 70.25% | 84.92% | 68.9% | 71.17% | 57.11% | 53.95% | 53.97% | 49.57% | 52.38% | 50.35% | 48.15% | 49.43% | 69.76% | 69.72% | 52.25% | 72.74% | 49.68% | 71.89% | 49.44% |
| Gross Profit Growth % | 1.85% | 5.43% | 52.41% | 32.09% | 91.92% | 72.28% | 50.3% | 53.04% | 17.65% | -24.94% | -30.24% | -23.96% | -48.1% | 1.11% | -26.17% | -14.37% | -0.84% | 12.2% | 15.98% | 23.27% |
| Operating Expenses | 4.11M | 3.24M | 4.2M | 2.7M | 3.15M | 1.71M | 1.8M | 1.62M | 1.52M | 1.79M | 1.4M | 1.36M | 1.33M | 2.68M | 2.47M | 1.28M | 2.96M | 1.45M | 3.25M | 1.18M |
| OpEx % of Revenue | 50.58% | 38.95% | 49.45% | 33.52% | 33.97% | 17.66% | 20.48% | 20.76% | 21.92% | 29.18% | 22.31% | 23.91% | 22.52% | 43.65% | 38.11% | 18.51% | 38.23% | 17.03% | 38.16% | 13.84% |
| Selling, General & Admin | 0 | 1.91M | 1.42M | 1.43M | 1.8M | 1.65M | 1.74M | 1.56M | 1.46M | 1.72M | 1.33M | 1.3M | 1.28M | 2.63M | 2.42M | 1.23M | 2.91M | 1.4M | 3.2M | 1.12M |
| SG&A % of Revenue | - | 23% | 16.66% | 17.79% | 19.39% | 17.03% | 19.81% | 20% | 21.1% | 28.06% | 21.25% | 22.87% | 21.57% | 42.85% | 37.31% | 17.76% | 37.59% | 16.41% | 37.56% | 13.18% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 2.61M | 2.6M | 3.02M | 2.85M | 3.45M | 3.83M | 2.94M | 2.58M | 1.92M | 1.43M | 1.75M | 1.38M | 1.59M | 1.6M | 2.05M | 2.33M | 2.67M | 2.79M | 2.87M | 3.04M |
| Operating Margin % | 32.09% | 31.3% | 35.47% | 35.37% | 37.2% | 39.45% | 33.47% | 33.21% | 27.65% | 23.19% | 28.04% | 24.24% | 26.91% | 26.12% | 31.61% | 33.74% | 34.51% | 32.66% | 33.74% | 35.6% |
| Operating Income Growth % | -24.37% | -32.01% | 2.62% | 10.21% | 79.83% | 168.77% | 67.41% | 87.05% | 20.54% | -11.21% | -14.31% | -40.71% | -40.44% | -42.41% | -28.67% | -23.22% | 4.29% | 15.69% | 24.18% | 32.98% |
| EBITDA | 2.7M | 2.67M | 3.1M | 2.92M | 3.52M | 3.89M | 3M | 2.64M | 1.98M | 1.49M | 1.82M | 1.44M | 1.65M | 1.65M | 2.1M | 2.38M | 2.72M | 2.84M | 2.92M | 3.09M |
| EBITDA Margin % | 33.15% | 32.09% | 36.48% | 36.29% | 37.95% | 40.08% | 34.14% | 33.97% | 28.47% | 24.32% | 29.1% | 25.28% | 27.86% | 26.92% | 32.41% | 34.49% | 35.16% | 33.28% | 34.34% | 36.26% |
| EBITDA Growth % | -23.41% | -31.38% | 3.47% | 10.55% | 78.14% | 160.44% | 64.58% | 83.48% | 19.9% | -9.67% | -13.29% | -39.53% | -39.48% | -41.76% | -28.13% | -22.93% | 3.69% | 14.93% | 23.08% | 31.8% |
| D&A (Non-Cash Add-back) | 86K | 66K | 86K | 74K | 69K | 61K | 59K | 59K | 57K | 69K | 66K | 59K | 56K | 49K | 52K | 52K | 50K | 53K | 51K | 56K |
| EBIT | 3.22M | 2.6M | 3.02M | 2.85M | 3.45M | 4.54M | 3.72M | 3.36M | 2.69M | 2.21M | 2.52M | 2.09M | 2.17M | 2.07M | 2.26M | 2.35M | 2.67M | 2.79M | 2.87M | 3.04M |
| Net Interest Income | 36K | 651K | 696K | 112K | 105K | 137K | 212K | 203K | 203K | 219K | 198K | 146K | 18K | -96K | -562K | -545K | -489K | -506K | 0 | 0 |
| Interest Income | 614K | 651K | 696K | 686K | 677K | 709K | 783K | 772K | 771K | 786K | 764K | 711K | 580K | 467K | 0 | 17K | 1K | 2K | 0 | 0 |
| Interest Expense | 578K | 0 | 0 | 574K | 572K | 572K | 571K | 569K | 568K | 567K | 566K | 565K | 562K | 563K | 562K | 562K | 490K | 508K | 0 | 0 |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 2.65M | 2.68M | 3.14M | 2.96M | 3.56M | 3.97M | 3.15M | 2.79M | 2.12M | 1.64M | 1.95M | 1.53M | 1.61M | 1.51M | 1.7M | 1.79M | 2.18M | 2.28M | 2.87M | 3.04M |
| Pretax Margin % | 32.53% | 32.2% | 36.89% | 36.76% | 38.34% | 40.86% | 35.89% | 35.82% | 30.58% | 26.76% | 31.21% | 26.8% | 27.21% | 24.56% | 26.16% | 25.85% | 28.2% | 26.73% | 33.74% | 35.62% |
| Income Tax | 736K | 749K | 714K | 840K | 973K | 1.13M | 822K | 759K | 582K | 444K | 612K | 412K | 415K | 390K | 321K | 485K | 582K | 368K | 872K | 793K |
| Effective Tax Rate % | 27.82% | 27.96% | 22.77% | 28.37% | 27.36% | 28.56% | 26.1% | 27.22% | 27.43% | 27.01% | 31.34% | 26.96% | 25.78% | 25.84% | 18.94% | 27.16% | 26.65% | 16.13% | 30.37% | 26.11% |
| Net Income | 1.91M | 1.93M | 2.42M | 2.12M | 2.58M | 2.83M | 2.33M | 2.03M | 1.54M | 1.2M | 1.34M | 1.12M | 1.2M | 1.12M | 1.37M | 1.3M | 1.6M | 1.91M | 2M | 2.24M |
| Net Margin % | 23.48% | 23.2% | 28.49% | 26.33% | 27.85% | 29.19% | 26.52% | 26.07% | 22.19% | 19.53% | 21.43% | 19.58% | 20.2% | 18.21% | 21.21% | 18.83% | 20.68% | 22.42% | 23.49% | 26.32% |
| Net Income Growth % | -26.05% | -31.9% | 4.04% | 4.53% | 67.73% | 136.17% | 73.6% | 81.81% | 28.87% | 7.24% | -2.4% | -14.22% | -25.41% | -41.51% | -31.27% | -42.02% | -15.06% | 7.9% | 36.17% | 26.42% |
| Net Income (Continuing) | 1.91M | 1.93M | 2.42M | 2.12M | 2.58M | 2.83M | 2.33M | 2.03M | 1.54M | 1.2M | 1.34M | 1.12M | 1.2M | 1.12M | 1.37M | 1.3M | 1.6M | 1.91M | 2M | 2.24M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.24 | 0.24 | 0.31 | 0.27 | 0.33 | 0.36 | -0.62 | 0.26 | 0.20 | 0.16 | 0.18 | 0.15 | 0.16 | 0.15 | 0.18 | 0.17 | 0.21 | 0.25 | 0.27 | 0.30 |
| EPS Growth % | -27.27% | -33.33% | 150% | 3.85% | 65% | 125% | -444.44% | 73.33% | 25% | 6.67% | 0% | -11.76% | -23.81% | -40% | -33.33% | -43.33% | -19.23% | 4.17% | 35% | 25% |
| EPS (Basic) | 0.25 | 0.24 | 0.31 | 0.27 | 0.33 | 0.36 | -0.62 | 0.26 | 0.20 | 0.16 | 0.18 | 0.15 | 0.16 | 0.15 | 0.18 | 0.17 | 0.21 | 0.26 | 0.27 | 0.30 |
| Diluted Shares Outstanding | 8M | 7.97M | 7.89M | 7.96M | 7.91M | 7.86M | 7.72M | 7.73M | 7.7M | 7.67M | 7.62M | 7.61M | 7.61M | 7.58M | 7.56M | 7.58M | 7.55M | 7.52M | 7.43M | 7.43M |
| Basic Shares Outstanding | 7.9M | 7.89M | 7.89M | 7.79M | 7.78M | 7.78M | 7.68M | 7.68M | 7.68M | 7.67M | 7.59M | 7.58M | 7.57M | 7.57M | 7.5M | 7.48M | 7.48M | 7.47M | 7.36M | 7.36M |
| Dividend Payout Ratio | 60.89% | 55.23% | 43.39% | 49.55% | 40.65% | 0.07% | 44.63% | 51.11% | 67.4% | 86.5% | 76.44% | 91.94% | 85.77% | 91.69% | 73.8% | 77.48% | 62.98% | 52.69% | 49.72% | 44.25% |