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Hennessy Advisors (HNNA) Operating Expenses (2016 - 2026)

Hennessy Advisors filings provide 16 years of Operating Expenses readings, the most recent being $5.7 million for Q4 2025.

  • On a quarterly basis, Operating Expenses fell 2.76% to $5.7 million in Q4 2025 year-over-year; TTM through Dec 2025 was $22.2 million, a 1.34% increase, with the full-year FY2025 number at $22.4 million, up 7.77% from a year prior.
  • Operating Expenses hit $5.7 million in Q4 2025 for Hennessy Advisors, up from $5.5 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $5.9 million in Q4 2024 to a low of $4.3 million in Q2 2023.
  • Median Operating Expenses over the past 5 years was $5.2 million (2024), compared with a mean of $5.1 million.
  • Biggest five-year swings in Operating Expenses: fell 21.42% in 2022 and later grew 29.69% in 2024.
  • Hennessy Advisors' Operating Expenses stood at $5.7 million in 2021, then decreased by 21.0% to $4.5 million in 2022, then increased by 3.94% to $4.7 million in 2023, then increased by 24.56% to $5.9 million in 2024, then fell by 2.76% to $5.7 million in 2025.
  • The last three reported values for Operating Expenses were $5.7 million (Q4 2025), $5.5 million (Q3 2025), and $5.2 million (Q2 2025) per Business Quant data.