Hamilton Lane INC
For the period ended Jun 30, 2026. Filed Aug 4, 2026.
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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.
Jun 30, 2026 · Filed Aug 4, 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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Condensed Consolidated Statements of Income for theand
Condensed Consolidated Statements of Income
(In thousands, except per share amounts)
| Three Months EndedJune 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Revenues | ||
| Management and advisory fees | $161,367 | $133,696 |
| Incentive fees | 113,964 | 42,262 |
| Total revenues | 275,331 | 175,958 |
| Expenses | ||
| Compensation and benefits | 107,664 | 69,556 |
| General, administrative and other | 38,207 | 28,943 |
| Consolidated Funds and Partnerships: | ||
| General, administrative and other | 2,989 | 484 |
| Total expenses | 148,860 | 98,983 |
| Other income (expense) | ||
| Equity in income of investees | 3,035 | 9,439 |
| Interest expense | (3,497) | (3,856) |
| Interest income | 3,180 | 2,794 |
| Non-operating (loss) gain, net | (595) | 447 |
| Consolidated Funds and Partnerships: | ||
| Equity in (loss) income of investees | (369) | 871 |
| Net gain on investments | 20,812 | 8,539 |
| Interest income | 930 | 240 |
| Total other income (expense) | 23,496 | 18,474 |
| Income before income taxes | 149,967 | 95,449 |
| Income tax expense | 25,083 | 18,379 |
| Net income | 124,884 | 77,070 |
| Less: Income attributable to non-controlling interests in Consolidated Funds and Partnerships | 13,635 | 1,604 |
| Less: Income attributable to non-controlling interests in Hamilton Lane Advisors, L.L.C. | 30,788 | 21,721 |
| Net income attributable to Hamilton Lane Incorporated | $80,461 | $53,745 |
| Basic earnings per share of Class A common stock | $1.94 | $1.30 |
| Diluted earnings per share of Class A common stock | $1.93 | $1.28 |
| Dividends declared per share of Class A common stock | $0.60 | $0.54 |
Condensed Consolidated Statements of Comprehensive Income
| Three Months EndedJune 30, | ||
|---|---|---|
| 2026 | 2025 | |
| Net income | $124,884 | $77,070 |
| Other comprehensive income, net of tax | ||
| Foreign currency translation | (1,106) | 367 |
| Total other comprehensive income, net of tax | $(1,106) | $367 |
| Comprehensive income | 123,778 | 77,437 |
| Less: | ||
| Comprehensive income attributable to non-controlling interests in Consolidated Funds and Partnerships | 13,219 | 1,604 |
| Comprehensive income attributable to non-controlling interests in Hamilton Lane Advisors, L.L.C. | 30,630 | 21,807 |
| Total comprehensive income attributable to Hamilton Lane Incorporated | $79,929 | $54,026 |
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 Consolidated Funds and Partnerships | Non-ControllingInterests in Hamilton Lane Advisors, L.L.C. | Total Equity | |
|---|---|---|---|---|---|---|---|---|
| Balance at March 31, 2026 | $44 | $12 | $299,313 | $1,170 | $614,693 | $330,893 | $220,414 | $1,466,539 |
| Net income | — | — | — | — | 80,461 | 13,635 | 30,788 | 124,884 |
| Other comprehensive income | — | — | — | (532) | — | (416) | (158) | (1,106) |
| Equity-based compensation | — | — | 9,964 | — | — | — | 2,943 | 12,907 |
| Customer incentive warrant | — | — | 217 | — | — | — | 64 | 281 |
| Purchase and retirement of Class A stock for tax withholding | — | — | (482) | — | — | — | (142) | (624) |
| Dividends declared | — | — | — | — | (24,692) | — | — | (24,692) |
| Capital (distributions to) contributions from non-controlling interests, net | — | — | — | — | — | 181,206 | — | 181,206 |
| Member distributions | — | — | — | — | — | — | (18,093) | (18,093) |
| Employee Share Purchase Plan share issuance | — | — | 632 | — | — | — | 187 | 819 |
| Shares repurchased and retired | (1) | — | (38,600) | — | — | — | (11,399) | (50,000) |
| Equity reallocation between controlling and non-controlling interests | — | — | (2,914) | — | — | — | 2,914 | — |
| Balance at June 30, 2026 | $43 | $12 | $268,130 | $638 | $670,462 | $525,318 | $227,518 | $1,692,121 |
| Class A Common Stock | Class B Common Stock | Additional Paid in Capital | Accumulated Other Comprehensive Income (Loss) | Retained Earnings | Non-ControllingInterests in Consolidated Funds and Partnerships | Non-ControllingInterests in Hamilton Lane Advisors, L.L.C. | Total Equity | |
|---|---|---|---|---|---|---|---|---|
| Balance at March 31, 2025 | $43 | $12 | $261,856 | $(141) | $455,511 | $29,883 | $176,731 | $923,895 |
| Net income | — | — | — | — | 53,745 | 1,604 | 21,721 | 77,070 |
| Other comprehensive income | — | — | — | 281 | — | — | 86 | 367 |
| Equity-based compensation | — | — | 9,804 | — | — | — | 2,995 | 12,799 |
| Purchase and retirement of Class A stock for tax withholding | — | — | (5) | — | — | — | (2) | (7) |
| Dividends declared | — | — | — | — | (22,342) | — | — | (22,342) |
| Capital contributions from non-controlling interests, net | — | — | — | — | — | 15,506 | — | 15,506 |
| Member distributions | — | — | — | — | — | — | (13,058) | (13,058) |
| Employee Share Purchase Plan share issuance | 1 | — | 624 | — | — | — | 191 | 816 |
| Equity reallocation between controlling and non-controlling interests | — | — | (588) | — | — | — | 588 | — |
| Balance at June 30, 2025 | $44 | $12 | $271,691 | $140 | $486,914 | $46,993 | $189,252 | $995,046 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.