Hamilton Lane INC (HLNE) financials — revenue, cash, debt and margins

Key figures

Trailing twelve months where a flow is involved, latest reported balance where it is not.

Valuation

Market cap: n/a
P/E (TTM): 21.58
Price / sales: —
EV / EBITDA: —
Price / book: —

Cash flow

FCF yield: —
SBC-adjusted FCF yield: —
SBC impact: 13.9%
Stock compensation (TTM): $51M

Margins & growth

Profit margin: 32.1%
Operating margin: —
Quarterly revenue (year on year): 56.5%
Quarterly earnings (year on year): 49.7%

Balance sheet

Cash & investments: $349.7M
Debt: $364.8M
Net cash / (debt): -$15.1M

Where the revenue comes from

Management and Advisory Fee Revenue Specialized Funds is 49% of revenue.

By product or service

Year to Mar 31, 2026 · $759M

Management and Advisory Fee Revenue Specialized Funds49%
$374.4M+18.8% vs. a year earlier
Incentive Fee Revenue including Consolidated VI Es23%
$174.8M-12.2% vs. a year earlier
Management and Advisory Fee Revenue Customized Separate Accounts19%
$141.5M+5.3% vs. a year earlier
Management and Advisory Fee Revenue Reporting and Other5%
$35.8M+22.3% vs. a year earlier
Management and Advisory Fee Revenue Advisory3%
$20.5M-10.2% vs. a year earlier
Management and Advisory Fee Revenue Fund Reimbursement Revenue1%
$9.9M+3.0% vs. a year earlier
Management and Advisory Fee Revenue Distribution Management0.29%
$2.2M-17.1% vs. a year earlier

By region

Year to Mar 31, 2026 · $759M

Outside the US59%
$448.6M+12.6% vs. a year earlier
United States41%
$310.4M-1.4% vs. a year earlier

What it owns and what it owes

Both on one scale, because both are money — the bar that is taller is the one that matters.

Cash and debt

Cash & InvestmentsTotal Debt

Cash counts short-term investments, not just the bank balance — technology companies park most of it in marketable securities, and leaving those out understates it several times over. Debt includes lease obligations.

Where the money goes

Cost of RevenueR&D ExpenseSG&A Expense

Only the three costs filers report consistently. Anything a company does not break out sits outside these bands, so the stack is not the whole cost base.

The rest of the series

Not on the overview because five charts is as much as one decision needs — but here in full, on one period switch. Each bar sums the four quarters ending there — a full year, brought up to today.

Total Revenue

$858.37MQ2 2026+13.1%

1Y: +24.01%2Y: +37.22%5Y: +144.63%

Everything the company sold, before any costs. Each bar sums the four quarters ending there — a full year, brought up to today.

Profit

$275.9MQ2 2026+10.7%32.1% of revenue

1Y: +30.02%2Y: +63.42%5Y: +124.41%

What was left after every cost, including tax. Each bar sums the four quarters ending there — a full year, brought up to today.

Profit margin

32.1%Q2 2026-2.1%

How much of every dollar of sales the company keeps as profit. A grocer keeps a few cents; a software company can keep half. Each point covers the four quarters ending there — a full year, brought up to today.

Free Cash Flow

$366.83MQ2 2026-12.5%

1Y: +8.53%2Y: +174.93%5Y: +143.07%

Cash left over after running and maintaining the business. Each bar sums the four quarters ending there — a full year, brought up to today.

Profit per share

$3.982022+41.6%

No TTM figures — showing Yearly

The same profit, split across every share. If this lags the profit chart above, the company is issuing shares and your slice is getting smaller. Restated onto today’s share count, so stock splits do not show as jumps. One bar per fiscal year, as filed. Stops at the last completed year.

Price to earnings

24.9x2022-31.8%

Paid per unit of yearly profit. Periods with a loss, or profits too small for the ratio to mean anything, are left out — the line breaks rather than drawing through them. Each point covers the four quarters ending there — a full year, brought up to today.

Dividends paid

$90MQ2 2026+2.6%

1Y: +14.50%2Y: +32.38%5Y: +110.03%

Cash handed to shareholders. A flat line at zero means the company pays none. Each bar sums the four quarters ending there — a full year, brought up to today.

About Hamilton Lane INC

Ticker: HLNE
SEC classification: Investment Advice (6282)
Listed on: Nasdaq
Incorporated in: DE
Financial year ends: March 31
Filer size: Large accelerated filer

About this data

Everything above comes from Hamilton Lane INC’s own filings with the SEC, as reported. No estimates, no analyst figures, nothing adjusted.

Not reported by this filer: Cost of Revenue, Gross Profit, R&D Expense, Operating Income, Shares outstanding, Interest Income, Net Interest Income, Non-interest Income, Non-interest Expense, Provision for Credit Losses, Deposits, Loans, Current Assets, Current Liabilities, Short-term Investments, Inventory, Receivables, Long-term Debt (current), Short-term Borrowings, Borrowings (total), Operating Lease (current), Operating Lease (noncurrent), Finance Lease (current), Finance Lease Liabilities (total), and Finance Lease (noncurrent). Companies choose which XBRL tags to use, and anything untagged cannot be recovered — so these are blank rather than guessed.