Value Line, Inc. filed its Form 10-Q for the quarterly period ended July 31, 2026 with the Securities and Exchange Commission on September 14, 2026, reporting financial results for the first fiscal quarter of its year ending April 30, 2027.

Key Highlights

  • Net income: $4,655 thousand for the three months ended July 31, 2026, compared with $6,460 thousand for the same period in 2025.
  • Earnings per share: $0.50 basic and fully diluted, versus $0.69 in the prior-year quarter, on a weighted average share count of 9,384,249.
  • Total revenues from publishing: $8,051 thousand, down from $8,606 thousand a year earlier, with investment periodicals declining to $5,774 thousand from $6,140 thousand.
  • EAM Trust interest: Revenues and profits interests in EAM Trust contributed $3,879 thousand to pre-tax income, compared with $5,121 thousand in the prior-year quarter.
  • Total assets: $152,667 thousand as of July 31, 2026, versus $151,916 thousand at April 30, 2026.
  • Shares outstanding: 9,382,098 shares of common stock as of August 31, 2026, with 616,727 treasury shares held at cost of $16,675 thousand.
  • Dividends paid: $3,285 thousand in cash dividends during the quarter, with $3,284 thousand in dividends payable on the balance sheet at July 31, 2026.

Value Line Q1 FY2027: Publishing Revenue Declines While Investment Gains Offset Results

According to the filing, Value Line, Inc. (NASDAQ:VALU) reported net income of $4,655 thousand for the three months ended July 31, 2026, a decline from $6,460 thousand reported for the same period one year prior. Income before income taxes was $6,377 thousand, compared with $8,636 thousand in the prior-year quarter. The income tax provision for the quarter was $1,722 thousand, versus $2,176 thousand in the year-ago period.

The company disclosed total publishing revenues of $8,051 thousand, consisting of $5,774 thousand from investment periodicals and related publications and $2,277 thousand from copyright fees. Both categories declined from the prior-year quarter, when investment periodicals contributed $6,140 thousand and copyright fees contributed $2,466 thousand. Total expenses fell to $7,024 thousand from $7,110 thousand, with income from operations reaching $1,027 thousand versus $1,496 thousand a year earlier. Investment gains of $1,471 thousand were also reported, down from $2,019 thousand in the comparable quarter.

The balance sheet as of July 31, 2026 showed total assets of $152,667 thousand, including equity securities of $35,564 thousand and available-for-sale fixed income securities of $36,878 thousand. The company's investment in EAM Trust stood at $59,979 thousand. Total shareholders' equity was $109,166 thousand, with retained earnings of $123,949 thousand. Net cash provided by operating activities was $4,705 thousand for the quarter, while net cash used in investing activities was $9,484 thousand, reflecting purchases of equity securities of $9,340 thousand and fixed income securities of $5,336 thousand.

What Was Disclosed

Value Line filed a quarterly report covering the three months ended July 31, 2026, disclosing consolidated income, balance sheet, cash flow, and shareholders' equity data, along with share count and dividend information, all prepared on an unaudited basis.