---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-003204"
form_type: "8-K"
ticker: "HNNA"
cik: "0001145255"
company_name: "HENNESSY ADVISORS INC"
filed_at: "2026-02-05T23:59:59+00:00"
generated_at: "2026-05-16T04:18:02.585171+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Hennessy Advisors Q1 EPS $0.24 down 33%; revenue $8.3M down 14%; raises dividend to $0.15

## Summary
- Revenue of $8.3M (-14% YoY); net income $1.9M (-32%); diluted EPS $0.24 (-33%).
- Average AUM $4.2B (-14%); total AUM $4.1B (-14%) reflecting market and outflows.
- Cash net of debt $31.7M (+28% YoY); balance sheet strengthens.
- Quarterly dividend raised 9% to $0.15/share; payable Mar 4, 2026 to holders of record Feb 18, 2026.
- CEO cites resilient U.S. economy; expects soft landing in 2026 despite inflation and trade worries.

## SEC filing metadata
- accession: 0001437749-26-003204
- form_type: 8-K
- ticker: HNNA
- cik: 0001145255
- company_name: HENNESSY ADVISORS INC
- filed_at: 2026-02-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1145255/000143774926003204/0001437749-26-003204-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1145255/000143774926003204/hnna20260204c_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-003204
- JSON: https://secwatch.observer/filing/0001437749-26-003204.json
- Plain text: https://secwatch.observer/filing/0001437749-26-003204.txt

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