Hamilton Lane INC
For the period ended Mar 31, 2025. Filed May 30, 2025.
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FY2025 · Filed May 30, 2025
HLNE$95.87+7.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
| March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Cash and cash equivalents | $229,161 | $114,634 |
| Restricted cash | 6,331 | 4,985 |
| Fees receivable | 181,411 | 108,291 |
| Prepaid expenses | 11,258 | 11,073 |
| Due from related parties | 16,217 | 8,150 |
| Furniture, fixtures and equipment, net | 37,586 | 33,013 |
| Lease right-of-use assets, net | 61,413 | 62,425 |
| Investments | 664,354 | 603,697 |
| Deferred income taxes | 308,525 | 261,887 |
| Other assets | 28,827 | 34,435 |
| Assets of consolidated variable interest entities: | ||
| Cash and cash equivalents | 48,112 | — |
| Investments | 96,700 | 28,575 |
| Other assets | 460 | 35 |
| Total assets | $1,690,355 | $1,271,200 |
| Liabilities and equity | ||
| Accounts payable | $5,469 | $4,505 |
| Accrued compensation and benefits | 48,556 | 35,979 |
| Accrued members’ distributions | 26,810 | 23,815 |
| Accrued dividend | 20,233 | 17,628 |
| Debt | 290,303 | 196,159 |
| Payable to related parties pursuant to tax receivable agreement | 240,648 | 201,422 |
| Lease liabilities | 78,017 | 79,033 |
| Other liabilities (includes $12,190 and $13,071 at fair value) | 55,502 | 36,700 |
| Liabilities of consolidated variable interest entities: | ||
| Other liabilities | 922 | 1 |
| Total liabilities | $766,460 | $595,242 |
| Commitments and contingencies (Note 16) | ||
| Class A common stock, $0.001 par value, 300,000,000 authorized; 43,497,538 and 40,547,806 issued and outstanding as of March 31, 2025 and 2024, respectively | 43 | 41 |
| Class B common stock, $0.001 par value, 50,000,000 authorized; 12,178,412 and 13,664,635 issued and outstanding as of March 31, 2025 and 2024, respectively | 12 | 14 |
| Additional paid-in-capital | 261,856 | 208,402 |
| Accumulated other comprehensive (loss) income | (141) | — |
| Retained earnings | 455,511 | 316,696 |
| Total Hamilton Lane Incorporated stockholders’ equity | $717,281 | $525,153 |
| Non-controlling interests in general partnerships | 6,024 | 5,043 |
| Non-controlling interests in Hamilton Lane Advisors, L.L.C. | 176,731 | 145,762 |
| Non-controlling interests in consolidated funds | 23,859 | — |
| Total equity | $923,895 | $675,958 |
| Total liabilities and equity | $1,690,355 | $1,271,200 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.