Value Line (VALU) Q2 2026 earnings summary

Executive summary

• Core business focuses on investment publications, proprietary research, and licensing to third parties.

• Maintains significant non-voting interests in EAM, which manages Value Line Funds.

• Target audiences include individual investors, institutions, and professionals.

• Net income for the six months ended October 31, 2025, was $12,142,000 ($1.29 per share), up 4.9% from the same period last year.

• Revenues from Eulav Asset Management rose 15.8% year-over-year to $10,275,000.

Financial highlights

• Net income for six months ended October 31, 2025 was $12.1M, up 4.9% year-over-year; EPS $1.29, up 5%.

• Net income for the quarter was $5.7M, flat year-over-year; EPS $0.60.

• Operating income for six months was $3.0M, down 16.2% year-over-year.

• Total publishing revenues for six months were $17.2M, down 3.2% year-over-year.

• Investment gains for six months were $3.2M, up 10.6% year-over-year.

Outlook and guidance

• Management expects sufficient liquidity and no need for borrowings in the next twelve months.

• Dividend payments and share repurchases are expected to continue.