Hamilton Lane INC
Business
Hamilton Lane is a global private markets investment solutions provider that designs, implements and oversees portfolios of private markets funds and direct investments for institutional and private wealth clients. The firm offers customized separate accounts, specialized funds, non-discretionary advisory services, and reporting solutions across private equity, private credit, real estate, infrastructure and venture capital strategies. Hamilton Lane serves institutional and intermediate clients including pension funds, sovereign wealth funds, endowments and family offices globally.
Summary from 10-K filed 2026-05-21
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Total revenues | 759 | 713 | 554 | 529 | 368 | |
| Compensation and benefits | 300 | 274 | 204 | 198 | 129 | |
| Total expenses | 434 | 396 | 308 | 289 | 198 | |
| Equity in income of investees | 52 | 29 | 35 | 5 | 79 | |
| Non-operating gain (loss), net | 2 | 8 | −3 | −5 | 64 | |
| Total other income (expense) | 138 | 46 | 36 | 3 | 144 | |
| Income before income taxes | 463 | 362 | 282 | 243 | 314 | |
| Income tax expense | 75 | 49 | 54 | 55 | 66 | |
| Net income | 388 | 314 | 227 | 187 | 247 | |
| Net income attributable to Hamilton Lane Incorporated | 249 | 217 | 141 | 109 | 146 |
Consolidated Balance Sheet
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Fees receivable | 152 | 181 | 108 | 47 | 52 | |
| Prepaid expenses | 14 | 11 | 11 | 10 | 7 | |
| Furniture, fixtures and equipment, net | 35 | 38 | 33 | 28 | 29 | |
| Lease right-of-use assets, net | 61 | 61 | 62 | 62 | 66 | |
| Investments | 774 | 664 | 604 | 531 | 504 | |
| Deferred income taxes | 293 | 309 | 262 | 234 | 245 | |
| Total assets | 2,305 | 1,690 | 1,271 | 1,141 | 1,295 | |
| Accounts payable | 6 | 5 | 5 | 5 | 3 | |
| Accrued compensation and benefits | 84 | 49 | 36 | 24 | 20 | |
| Accrued members distributions | 27 | 27 | 24 | 16 | 27 | |
| Accrued dividend | 23 | 20 | 18 | 15 | 13 | |
| Debt | 278 | 290 | 196 | 214 | — | |
| Lease liabilities | 78 | 78 | 79 | 79 | 82 | |
| Total liabilities | 838 | 766 | 595 | 566 | 557 | |
| Commitments and contingencies (Note 16) | — | — | — | — | — | |
| Additional paid-in-capital | 299 | 262 | 208 | 172 | 162 | |
| Accumulated other comprehensive income (loss) | 1 | −141,000 | 0 | — | — | |
| Total Hamilton Lane Incorporated stockholders equity | 915 | 717 | 525 | 415 | 347 | |
| Total equity | 1,467 | 924 | 676 | 574 | 461 | |
| Total liabilities and equity | 2,305 | 1,690 | 1,271 | 1,141 | 1,295 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2026 2026-03-31 | FY 2025 2025-03-31 | FY 2024 2024-03-31 | FY 2023 2023-03-31 | FY 2022 2022-03-31 |
|---|---|---|---|---|---|---|
| Depreciation and amortization | 10 | 9 | 8 | 7 | 5 | |
| Change in deferred income taxes | 28 | 12 | 17 | 20 | 24 | |
| Change in payable to related parties pursuant to tax receivable agreement | −4 | 2 | 318,000 | −3 | −5 | |
| Equity-based compensation | 51 | 31 | 12 | 10 | 7 | |
| Equity-based consideration payable to customer | 281,000 | 0 | 0 | — | — | |
| Net realized (gain) loss on sale of investments | 0 | −654,000 | 288,000 | −12 | −12 | |
| Fair value adjustment of other investments | −413,000 | −10 | 333,000 | −21 | −47 | |
| Proceeds received from Funds | 35 | 47 | 28 | 16 | 47 | |
| Non-cash lease expense | 10 | 9 | 9 | 7 | 10 | |
| Other | 3 | 1 | 706,000 | −3 | −815,000 | |
| Fees receivable | 30 | −73 | −61 | 5 | −23 | |
| Prepaid expenses | −3 | −185,000 | −1 | −3 | −683,000 | |
| Due from related parties | −8 | −8 | −528,000 | −5 | 623,000 | |
| Other assets | −608,000 | 39,000 | 15 | −7 | 20,000 | |
| Accounts payable | 190,000 | 964,000 | −54,000 | 2 | 654,000 | |
| Accrued compensation and benefits | 36 | 13 | 12 | 4 | −9 | |
| Lease liability | −10 | −9 | −9 | −8 | −3 | |
| Other liabilities | −7 | 19 | 3 | −13 | 12 | |
| Net cash provided by operating activities | 425 | 301 | 121 | 227 | 170 | |
| Purchase of furniture, fixtures and equipment | −6 | −12 | −11 | −5 | −9 | |
| Purchase of investments and convertible notes | −15 | −13 | −14 | −37 | −19 | |
| Proceeds from sale of investments | 0 | 7 | 1 | 13 | 13 | |
| Net proceeds from sale of Consolidated Fund | 22 | 0 | 0 | — | — | |
| Proceeds from sale of intangible assets | 0 | 2 | 3 | 0 | 0 | |
| Distributions received from Funds | 12 | 23 | 14 | 14 | 15 | |
| Contributions to Funds | −97 | −58 | −58 | −85 | −73 | |
| Net cash used in investing activities | −495 | −118 | −122 | 178 | −70 | |
| Proceeds from offering | 55 | 248 | 202 | 44 | 74 | |
| Purchase of membership interests | −55 | −248 | −202 | −44 | −74 | |
| Borrowings of debt, net of deferred financing costs | 0 | 98 | 0 | 32 | — | |
| Repayments of long term debt | −13 | −4 | −3 | −4 | −2 | |
| Draw-down of revolver | 0 | 0 | 10 | 40 | 0 | |
| Repayment of revolver | 0 | 0 | −25 | −25 | −15 | |
| Repurchase of Class A common stock for employee tax withholding | −5 | −5 | −4 | −2 | −3 | |
| Proceeds received from issuance of shares under Employee Share Purchase Plan | 3 | 3 | 2 | 2 | 2 | |
| Payments to related parties pursuant to the tax receivable agreement | −12 | −12 | −11 | −10 | −23 | |
| Dividends paid | −88 | −76 | −65 | −72 | −50 | |
| Members distributions paid | −54 | −44 | −44 | −63 | −48 | |
| Net cash provided by (used in) financing activities | 156 | −19 | 4 | −364 | −113 | |
| Effect of exchange rate changes on cash and cash equivalents | 2 | −102,000 | 0 | 0 | 0 | |
| Increase in cash and cash equivalents, restricted cash, and cash and cash equivalents held at Consolidated Funds and Partnerships | 88 | 164 | 3 | 40 | −14 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Hamilton Lane INC's CIK number?
Hamilton Lane INC's SEC CIK number is 0001433642 (1433642). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Hamilton Lane INC's SEC filings?
All of Hamilton Lane INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Hamilton Lane INC last report earnings?
Hamilton Lane INC (HLNE) most recently filed an earnings 8-K with the SEC on May 21, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001433642-26-000016). This is Hamilton Lane INC's most recent earnings filing of record — not a forecast of its next earnings date.
What is Hamilton Lane INC's most recent earnings 8-K?
Hamilton Lane INC's latest earnings 8-K (Item 2.02) was filed May 21, 2026 under accession 0001433642-26-000016. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Hamilton Lane INC's latest earnings 8-K →
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