---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-015206"
form_type: "8-K"
ticker: "HNNA"
cik: "0001145255"
company_name: "HENNESSY ADVISORS INC"
filed_at: "2026-05-06T23:59:59+00:00"
generated_at: "2026-05-14T22:32:26.526994+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Hennessy Advisors Q2 revenue $8.1M (-12%), EPS $0.24 (-27%), declares $0.15 dividend

## Summary
- Revenue $8.1M, down 12% YoY; net income $1.9M, down 26%.
- Diluted EPS $0.24, down 27% from $0.33 a year ago.
- AUM $3.9B (-8% YoY); average AUM $4.2B (-12%).
- Cash net of debt $32.8M, up 20% from $27.3M.
- Dividend $0.15/share, payable June 4, record May 21, annualized yield 6.0%.

## SEC filing metadata
- accession: 0001437749-26-015206
- form_type: 8-K
- ticker: HNNA
- cik: 0001145255
- company_name: HENNESSY ADVISORS INC
- filed_at: 2026-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1145255/000143774926015206/0001437749-26-015206-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1145255/000143774926015206/hnna20260430_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-015206
- JSON: https://secwatch.observer/filing/0001437749-26-015206.json
- Plain text: https://secwatch.observer/filing/0001437749-26-015206.txt

## Source-grounded claims
- claim_id: 660cc8b0fcb25357aa61103a9f14d1122eaa91a1
  claim: HENNESSY ADVISORS INC reported second fiscal quarter ended March 31, 2026 results: revenue $8,132,584, net income 1,909,709, EPS 0.24.
  evidence_excerpt: the firm for the future while maintaining financial discipline today.” Summary Highlights (compared to the prior comparable quarter ended March 31, 2025): ● Total revenue of $8.1 million, a decrease of 12%. ● Net income of $1.9 million, a decrease of 26%. ● Fully diluted earnings per share of $0.24, a decrease of 27%. ● Average assets under management, upon which
  evidence_url: https://www.sec.gov/Archives/edgar/data/1145255/000143774926015206/0001437749-26-015206-index.htm

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