Hennessy Advisors (HNNA) Operating Expenses (2010 - 2026)
Hennessy Advisors (HNNA) reported Operating Expenses of $5.48 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 5.2% from $5.21 million a year earlier but down 0.8% from the prior quarter.
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Analysis
Hennessy Advisors (HNNA) Operating Expenses (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Hennessy Advisors' Operating Expenses came in at $22.2 million, down 2.4% year-over-year; for FY2025 (ended Sep 30, 2025), it was $22.39 million, up 7.8% from FY2024.
- Operating Expenses has a five-year compound annual growth rate of 0.3% (FY2020 to FY2025).
- By fiscal year, Operating Expenses came in at $20.78 million in FY2024 (+17.5%), $17.69 million in FY2023 (-10.8%), $19.83 million in FY2022 (-9.4%) and $21.88 million in FY2021 (-0.9%).
- Five-year quarterly Operating Expenses spans a low of $4.32 million in fiscal Q3 2023 and a high of $5.88 million in fiscal Q1 2025.
- Year over year, Operating Expenses gained in five of the last eight quarters, with growth averaging 7.7%.
- The high point for year-over-year Operating Expenses in five years was fiscal Q4 2024 (growth of 29.7%); the low point was fiscal Q4 2022 (a decline of 21.4%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $5.52 million (Q2 2026), $5.72 million (Q1 2026) and $5.49 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | BlackRock | 164.03 Bn | 110.39 Bn | - | 4.62 Bn |
| 2 | Spdr Gold Trust | 134.08 Bn | -423.92 Bn | - | 149.76 Mn |
| 3 | Blackstone | 84.38 Bn | 79.31 Bn | - | 2.38 Bn |
| 4 | Brookfield | 81.99 Bn | -83.40 Bn | 4.47 Bn | 14.94 Bn |
| 5 | Kkr | 81.98 Bn | 48.46 Bn | - | 5.41 Bn |
| 6 | Brookfield Asset Management | 71.20 Bn | 67.45 Bn | - | 659.00 Mn |
| 7 | Apollo Global Management | 66.86 Bn | 4.54 Bn | 10.56 Bn | 8.74 Bn |
| 8 | Wheaton Precious Metals | 60.68 Bn | 56.11 Bn | 687.86 Mn | 133.83 Mn |
| 9 | Franco Nevada | 45.90 Bn | 43.27 Bn | 451.00 Mn | 7.80 Mn |
| 10 | Hennessy Advisors | 79.28 Mn | -173.57 Mn | - | 5.48 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.48 Mn |
| Mar 31, 2026 | 5.52 Mn |
| Dec 31, 2025 | 5.72 Mn |
| Sep 30, 2025 | 5.49 Mn |
| Jun 30, 2025 | 5.21 Mn |
| Mar 31, 2025 | 5.83 Mn |
| Dec 31, 2024 | 5.88 Mn |
| Sep 30, 2024 | 5.84 Mn |
| Jun 30, 2024 | 5.20 Mn |
| Mar 31, 2024 | 5.02 Mn |
| Dec 31, 2023 | 4.72 Mn |
| Sep 30, 2023 | 4.50 Mn |
| Jun 30, 2023 | 4.32 Mn |
| Mar 31, 2023 | 4.32 Mn |
| Dec 31, 2022 | 4.54 Mn |
| Sep 30, 2022 | 4.43 Mn |
| Jun 30, 2022 | 4.58 Mn |
| Mar 31, 2022 | 5.07 Mn |
| Dec 31, 2021 | 5.75 Mn |
| Sep 30, 2021 | 5.64 Mn |
API Access
Hennessy Advisors Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=HNNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "HNNA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=HNNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();