Hennessy Advisors Operating Expenses Growth & History (HNNA)
Hennessy Advisors's operating expenses was $22.4M for fiscal 2025.
View full Hennessy Advisors company overviewHennessy Advisors annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | $22.4M | $1.6M | +7.77% |
| 2024 | 2024-09-30 | $20.8M | $3.1M | +17.49% |
| 2023 | 2023-09-30 | $17.7M | −$2.1M | −10.80% |
| 2022 | 2022-09-30 | $19.8M | −$2.1M | −9.38% |
| 2021 | 2021-09-30 | $21.9M | −$189,000 | −0.86% |
| 2020 | 2020-09-30 | $22.1M | −$4.6M | −17.32% |
| 2019 | 2019-09-30 | $26.7M | −$3.4M | −11.36% |
| 2018 | 2018-09-30 | $30.1M | $1.7M | +5.81% |
| 2017 | 2017-09-30 | $28.5M | $842,000 | +3.05% |
| 2016 | 2016-09-30 | $27.6M | $2.7M | +10.81% |
| 2015 | 2015-09-30 | $24.9M | $4.5M | +22.30% |
| 2014 | 2014-09-30 | $20.4M | $5.0M | +32.52% |
| 2013 | 2013-09-30 | $15.4M | $10.1M | +190.72% |
| 2012 | 2012-09-30 | $5.3M | −$207,000 | −3.77% |
| 2011 | 2011-09-30 | $5.5M | −$603,000 | −9.89% |
| 2010 | 2010-09-30 | $6.1M | — | — |
Hennessy Advisors quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | $5.5M | $272,000 | +5.23% |
| Q2 2026 | 2026-03-31 | $5.5M | −$302,000 | −5.18% |
| Q1 2026 | 2025-12-31 | $5.7M | −$162,000 | −2.76% |
| Q4 2025 | 2025-09-30 | $5.5M | −$355,000 | −6.08% |
| Q3 2025 | 2025-06-30 | $5.2M | $6,000 | +0.12% |
| Q2 2025 | 2025-03-31 | $5.8M | $804,000 | +16.01% |
| Q1 2025 | 2024-12-31 | $5.9M | $1.2M | +24.56% |
| Q4 2024 | 2024-09-30 | $5.8M | $1.3M | +29.69% |
| Q3 2024 | 2024-06-30 | $5.2M | $880,000 | +20.38% |
| Q2 2024 | 2024-03-31 | $5.0M | $697,000 | +16.12% |
| Q1 2024 | 2023-12-31 | $4.7M | $179,000 | +3.94% |
| Q4 2023 | 2023-09-30 | $4.5M | $72,000 | +1.62% |
| Q3 2023 | 2023-06-30 | $4.3M | −$259,000 | −5.66% |
| Q2 2023 | 2023-03-31 | $4.3M | −$748,000 | −14.75% |
| Q1 2023 | 2022-12-31 | $4.5M | −$1.2M | −21.00% |
| Q4 2022 | 2022-09-30 | $4.4M | −$1.2M | −21.42% |
| Q3 2022 | 2022-06-30 | $4.6M | −$913,000 | −16.63% |
| Q2 2022 | 2022-03-31 | $5.1M | −$299,000 | −5.57% |
| Q1 2022 | 2021-12-31 | $5.7M | $367,000 | +6.82% |
| Q4 2021 | 2021-09-30 | $5.6M | $580,000 | +11.46% |
| Q3 2021 | 2021-06-30 | $5.5M | $879,000 | +19.06% |
| Q2 2021 | 2021-03-31 | $5.4M | −$515,000 | −8.75% |
| Q1 2021 | 2020-12-31 | $5.4M | −$1.1M | −17.40% |
| Q4 2020 | 2020-09-30 | $5.1M | −$1.6M | −23.86% |
| Q3 2020 | 2020-06-30 | $4.6M | −$1.9M | −29.19% |
| Q2 2020 | 2020-03-31 | $5.9M | −$612,000 | −9.42% |
| Q1 2020 | 2019-12-31 | $6.5M | −$526,000 | −7.47% |
| Q4 2019 | 2019-09-30 | $6.6M | −$906,000 | −12.00% |
| Q3 2019 | 2019-06-30 | $6.5M | −$927,000 | −12.46% |
| Q2 2019 | 2019-03-31 | $6.5M | −$1.2M | −16.11% |
| Q1 2019 | 2018-12-31 | $7.0M | −$340,000 | −4.61% |
| Q4 2018 | 2018-09-30 | $7.5M | $26,000 | +0.35% |
| Q3 2018 | 2018-06-30 | $7.4M | $532,000 | +7.70% |
| Q2 2018 | 2018-03-31 | $7.7M | $621,000 | +8.72% |
| Q1 2018 | 2017-12-31 | $7.4M | $327,000 | +4.64% |
| Q4 2017 | 2017-09-30 | $7.5M | $398,000 | +5.59% |
| Q3 2017 | 2017-06-30 | $6.9M | $46,000 | +0.67% |
| Q2 2017 | 2017-03-31 | $7.1M | $385,000 | +5.71% |
| Q1 2017 | 2016-12-31 | $7.1M | $160,000 | +2.32% |
| Q4 2016 | 2016-09-30 | $7.1M | $600,000 | +9.19% |
| Q3 2016 | 2016-06-30 | $6.9M | $573,000 | +9.11% |
| Q2 2016 | 2016-03-31 | $6.7M | $602,000 | +9.81% |
| Q1 2016 | 2015-12-31 | $6.9M | $920,000 | +15.41% |
| Q4 2015 | 2015-09-30 | $6.5M | $1.2M | +22.39% |
| Q3 2015 | 2015-06-30 | $6.3M | $1.2M | +24.02% |
| Q2 2015 | 2015-03-31 | $6.1M | $1.0M | +19.63% |
| Q1 2015 | 2014-12-31 | $6.0M | $1.1M | +23.24% |
| Q4 2014 | 2014-09-30 | $5.3M | $980,000 | +22.52% |
| Q3 2014 | 2014-06-30 | $5.1M | $1.0M | +25.83% |
| Q2 2014 | 2014-03-31 | $5.1M | $1.2M | +31.77% |
| Q1 2014 | 2013-12-31 | $4.8M | $1.7M | +56.17% |
| Q4 2013 | 2013-09-30 | $4.4M | $2.9M | +203.70% |
| Q3 2013 | 2013-06-30 | $4.0M | $2.8M | +240.66% |
| Q2 2013 | 2013-03-31 | $3.9M | $2.6M | +202.09% |
| Q1 2013 | 2012-12-31 | $3.1M | $1.7M | +124.04% |
| Q4 2012 | 2012-09-30 | $1.4M | $114,000 | +8.64% |
| Q3 2012 | 2012-06-30 | $1.2M | −$123,000 | −9.42% |
| Q2 2012 | 2012-03-31 | $1.3M | −$109,000 | −7.80% |
| Q1 2012 | 2011-12-31 | $1.4M | −$89,000 | −6.04% |
| Q4 2011 | 2011-09-30 | $1.3M | — | — |
| Q3 2011 | 2011-06-30 | $1.3M | −$169,000 | −11.46% |
| Q2 2011 | 2011-03-31 | $1.4M | −$120,000 | −7.91% |
| Q1 2011 | 2010-12-31 | $1.5M | — | — |
| Q3 2010 | 2010-06-30 | $1.5M | — | — |
| Q2 2010 | 2010-03-31 | $1.5M | — | — |
Hennessy Advisors operating expenses trends
Over the last five fiscal years, Hennessy Advisors's operating expenses increased from $22.1M to $22.4M, a change of $323,000. The latest reported quarter, Q3 2026, shows $5.5M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Hennessy Advisors source filings ↗