Hamilton Lane INC

For the period ended Dec 31, 2025. Filed Feb 3, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Dec 31, 2025 · Filed Feb 3, 2026

HLNE$96.38+0.5%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Condensed Consolidated Statements of Stockholders’ Equity for the and

Condensed Consolidated Statements of Stockholders’ Equity

	Class A Common Stock	Class B Common Stock	Additional Paid in Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings	Non-ControllingInterests in Partnerships	Non-ControllingInterests in Hamilton Lane Advisors, L.L.C.	Non-Controlling Interests in Consolidated Funds	Total Equity
Balance at March 31, 2025	$43	$12	$261,856	$(141)	$455,511	$6,024	$176,731	$23,859	$923,895
Net income	—	—	—	—	183,007	506	70,483	19,475	273,471
Other comprehensive income	—	—	—	1,291	—	—	392	24	1,707
Equity-based compensation	—	—	29,361	—	—	—	8,819	—	38,180
Warrant vesting	—	—	6,468	—	—	—	1,899	—	8,367
Purchase and retirement of Class A stock for tax withholding	—	—	(1,107)	—	—	—	(330)	—	(1,437)
Deferred tax adjustment	—	—	1,942	—	—	—	—	—	1,942
Dividends declared	—	—	—	—	(67,478)	—	—	—	(67,478)
Capital (distributions to) contributions from non-controlling interests, net	—	—	—	—	—	(67)	—	185,658	185,591
Member distributions	—	—	—	—	—	—	(40,583)	—	(40,583)
Secondary Offering	—	—	5,663	—	—	—	(5,663)	—	—
Employee Share Purchase Plan share issuance	1	—	1,841	—	—	—	554	—	2,396
Equity reallocation between controlling and non-controlling interests	—	—	(875)	—	—	—	875	—	—
Balance at December 31, 2025	$44	$12	$305,149	$1,150	$571,040	$6,463	$213,177	$229,016	$1,326,051

	Class A Common Stock	Class B Common Stock	Additional Paid in Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings	Non-ControllingInterests in Partnerships	Non-ControllingInterests in Hamilton Lane Advisors, L.L.C.	Non-Controlling Interests in Consolidated Funds	Total Equity
Balance at March 31, 2024	$41	$14	$208,402	$—	$316,696	$5,043	$145,762	$—	$675,958
Net income	—	—	—	—	166,918	827	70,654	2,064	240,463
Equity-based compensation	—	—	14,485	—	—	—	5,196	—	19,681
Purchase and retirement of Class A stock for tax withholding	—	—	(729)	—	—	—	(261)	—	(990)
Dividends declared	—	—	—	—	(58,369)	—	—	—	(58,369)
Capital contributions from non-controlling interests, net	—	—	—	—	—	123	—	10,000	10,123
Member distributions	—	—	—	—	—	—	(26,872)	—	(26,872)
Employee Share Purchase Plan share issuance	1	—	1,494	—	—	—	536	—	2,031
Equity reallocation between controlling and non-controlling interests	—	—	304	—	—	—	(304)	—	—
Balance at December 31, 2024	$42	$14	$223,956	$—	$425,245	$5,993	$194,711	$12,064	$862,025

Condensed Consolidated Statements of Stockholders’ Equity

	Class A Common Stock	Class B Common Stock	Additional Paid in Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings	Non-ControllingInterests in Partnerships	Non-ControllingInterests in Hamilton Lane Advisors, L.L.C.	Non-Controlling Interests in Consolidated Funds	Total Equity
Balance at September 30, 2025	$44	$12	$289,308	$1,218	$535,237	$6,296	$200,537	$125,396	$1,158,048
Net income	—	—	—	—	58,372	124	23,426	10,875	92,797
Other comprehensive income	—	—	—	(68)	—	—	(20)	(4)	(92)
Equity-based compensation	—	—	10,043	—	—	—	2,948	—	12,991
Warrant vesting	—	—	6,468	—	—	—	1,899	—	8,367
Purchase and retirement of Class A stock for tax withholding	—	—	(461)	—	—	—	(135)	—	(596)
Deferred tax adjustment	—	—	(1)	—	—	—	—	—	(1)
Dividends declared	—	—	—	—	(22,569)	—	—	—	(22,569)
Capital (distributions to) contributions from non-controlling interests, net	—	—	—	—	—	43	—	92,749	92,792
Member distributions	—	—	—	—	—	—	(16,512)	—	(16,512)
Employee Share Purchase Plan share issuance	—	—	637	—	—	—	189	—	826
Equity reallocation between controlling and non-controlling interests	—	—	(845)	—	—	—	845	—	—
Balance at December 31, 2025	$44	$12	$305,149	$1,150	$571,040	$6,463	$213,177	$229,016	$1,326,051

	Class A Common Stock	Class B Common Stock	Additional Paid in Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings	Non-ControllingInterests in Partnerships	Non-ControllingInterests in Hamilton Lane Advisors, L.L.C.	Non-Controlling Interests in Consolidated Funds	Total Equity
Balance at September 30, 2024	$41	$14	$214,788	$—	$391,737	$5,875	$178,633	$10,834	$801,922
Net income	—	—	—	—	52,972	94	23,159	1,230	77,455
Equity-based compensation	—	—	8,674	—	—	—	3,111	—	11,785
Purchase and retirement of Class A stock for tax withholding	—	—	(54)	—	—	—	(19)	—	(73)
Dividends declared	—	—	—	—	(19,464)	—	—	—	(19,464)
Capital contributions from non-controlling interests, net	—	—	—	—	—	24	—	—	24
Member distributions	—	—	—	—	—	—	(10,386)	—	(10,386)
Employee Share Purchase Plan share issuance	1	—	560	—	—	—	201	—	762
Equity reallocation between controlling and non-controlling interests	—	—	(12)	—	—	—	12	—	—
Balance at December 31, 2024	$42	$14	$223,956	$—	$425,245	$5,993	$194,711	$12,064	$862,025

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.