HLNE · XBRL financial data
Hamilton Lane financial statements, every fiscal year
The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (HLNE's year ends in late March)
| In millions of dollars | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 | Mar 31, 2026 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 342 | 368 | 529 | 554 | 713 | 759 |
| General and administrative | 49 | — | — | — | — | — |
| Total operating expenses | 186 | 198 | 289 | 308 | 396 | 434 |
| Interest expense | 2 | — | — | — | — | — |
| Other income (expense) | 6 | 64 | (5) | (3) | 8 | 2 |
| Income tax expense (benefit) | 24 | 66 | 55 | 54 | 49 | 75 |
| Net income (loss) | 98 | 146 | 109 | 141 | 217 | 249 |
| Earnings per share, diluted USD per share | 2.81 | 3.98 | — | — | — | — |
Balance sheet
CSVFiscal years (HLNE's year ends in late March)
| In millions of dollars | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 | Mar 31, 2026 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 87 | 76 | 117 | 120 | 284 | 372 |
| Property and equipment, net | 23 | 29 | 28 | 33 | 38 | 35 |
| Right-of-use asset | 64 | 66 | 62 | 62 | 61 | 61 |
| Goodwill | 4 | 10 | 10 | 10 | 10 | 10 |
| Total assets | 1,137 | 1,295 | 1,141 | 1,271 | 1,690 | 2,305 |
| Total liabilities | 546 | 557 | 566 | 595 | 766 | 838 |
| Retained earnings | — | — | — | — | — | 615 |
| Total stockholders' equity | 238 | 347 | 415 | 525 | 717 | 915 |
| Total liabilities and equity | 1,137 | 1,295 | 1,141 | 1,271 | 1,690 | 2,305 |
Cash flows
CSVFiscal years (HLNE's year ends in late March)
| In millions of dollars | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 | Mar 31, 2025 | Mar 31, 2026 |
|---|---|---|---|---|---|---|
| Net income (loss) | 98 | 146 | 109 | 141 | 217 | 249 |
| Stock-based compensation | 7 | 7 | 10 | 12 | 31 | 51 |
| Depreciation and amortization | 4 | 5 | 7 | 8 | 9 | 10 |
| Net cash from operating activities | 188 | 170 | 227 | 121 | 301 | 425 |
| Purchases of property and equipment | 19 | 9 | 5 | 11 | 12 | 6 |
| Net cash from investing activities | (422) | (70) | 178 | (122) | (118) | (495) |
| Proceeds from issuing common stock | 473 | 74 | 44 | 202 | 248 | 55 |
| Share repurchases | 0 | 0 | 0 | 0 | 0 | — |
| Dividends paid | 40 | 50 | 72 | 65 | 76 | 88 |
| Proceeds from long-term debt | 75 | 25 | 32 | 0 | — | — |
| Net cash from financing activities | 271 | (113) | (364) | 4 | (19) | 156 |
| Net change in cash | 37 | (14) | 40 | 3 | 164 | 88 |
Compare with peers
SIC 6282 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6282 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- Runway shows only for companies burning cash with under $10B of public float.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Runway | Quarter |
|---|---|---|---|---|---|---|
| Hamilton Lane | 348 | 204 | 28* | not reported | — | 10-QSep 30, 2026 |
| Affiliated Managers Group | 411 | 641 | 239* | 25.9M | — | 10-QJun 30, 2026 |
| Invesco | 966 | 1,873 | 475* | 439.5M | — | 10-QSep 30, 2026 |
| StepStone Group | 703 | 379 | (458) | not reported | 1.5 quarters | 10-QJun 30, 2026 |
| Franklin Templeton | 3,761 | 2,358 | 581* | 508.1M | — | 10-QJun 30, 2026 |
| Lincoln International | 251 | 226 | not reported | 102.2M | — | 10-QJun 30, 2026 |
| Janus Henderson Group | 1,381 | not reported | 235 | 154.1M | — | 10-QMar 31, 2026 |
| Moelis | 208 | not reported | 230* | not reported | — | 10-QJun 30, 2026 |
| Alliancebernstein Holding | 0 | not reported | 76* | 91.9M | — | 10-QSep 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.