Hennessy Advisors (HNNA) Operating Expenses (2010 - 2026)

Hennessy Advisors has reported Operating Expenses for 17 years, with the latest figure at $5.5 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses fell 5.18% year-over-year to $5.5 million; the trailing twelve-month figure through Mar 2026 stood at $21.9 million (down 3.57% YoY), and the FY2025 full-year result was $22.4 million, up 7.77% from the prior year.
• Operating Expenses for Q1 2026 stood at $5.5 million, down from $5.7 million in the prior quarter.
• The five-year high for Operating Expenses was $5.9 million in Q4 2024, with the low at $4.3 million in Q2 2023.
• Historically, Operating Expenses has averaged $5.1 million across 5 years, with a median of $5.1 million in 2022.
• Annual changes were most pronounced in 2022 — Operating Expenses retreated 21.42% — and 2024, when it advanced 29.69%.
• Hennessy Advisors' Operating Expenses stood at $4.5 million in 2022, then rose by 3.94% to $4.7 million in 2023, then rose by 24.56% to $5.9 million in 2024, then dropped by 2.76% to $5.7 million in 2025, then slipped by 3.38% to $5.5 million in 2026.
• The last three Operating Expenses figures came in at $5.5 million (Q1 2026), $5.7 million (Q4 2025), and $5.5 million (Q3 2025), per Business Quant data.