---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-036796"
form_type: "8-K"
ticker: "HNNA"
cik: "0001145255"
company_name: "HENNESSY ADVISORS INC"
filed_at: "2025-12-03T23:59:59+00:00"
generated_at: "2026-05-16T15:01:52.410884+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hennessy Advisors FY2025 EPS up 38% to $1.27; revenue rises 20% to $35.5M

## Summary
- Net income of $10.0M, up 40% YoY; diluted EPS $1.27 vs $0.92.
- Total revenue $35.5M, up 20%; average AUM $4.5B (+22%).
- Year-end AUM $4.2B (-9%); cash net of debt $32.2M (+36%).
- CEO cites resilient economy; President notes pending deal to expand ETF lineup.
- Quarterly dividend maintained; company remains committed to shareholder returns.

## SEC filing metadata
- accession: 0001437749-25-036796
- form_type: 8-K
- ticker: HNNA
- cik: 0001145255
- company_name: HENNESSY ADVISORS INC
- filed_at: 2025-12-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1145255/000143774925036796/0001437749-25-036796-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1145255/000143774925036796/hnna20251202_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-036796
- JSON: https://secwatch.observer/filing/0001437749-25-036796.json
- Plain text: https://secwatch.observer/filing/0001437749-25-036796.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.