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MARKETS / NASDAQ / HLNE
NASDAQ · INVESTMENT ADVICE · LARGE CAP

Hamilton Lane Inc. HLNE

11 fiscal years on record · USD · FY2025 reported · SEC filings only
$759.0M
▲ 6.5% YoY
$249.2M
▲ 14.6% YoY
$419.1M
▲ 45.2% YoY
In brief

What this company does

It partners with clients to design, implement and oversee portfolios of private markets funds and direct investments. It offers investment solutions across a range of private markets, including private equity, private credit, real estate, infrastructure, other real assets, growth equity, venture capital and impact. As of March 31, 2026, it had approximately $142 billion of discretionary assets under management and approximately $905 billion of non-discretionary assets under advisement. It has approximately 785 employees, including approximately 265 investment professionals, operating across 23 global offices. For the year ended March 31, 2026, its top 10 clients generated approximately 11% of management and advisory fee revenues, and its top 20 clients generated approximately 16% of such revenues. HLI, incorporated in the State of Delaware on December 31, 2007, is a holding company whose principal asset is an equity interest in HLA, of which it is the managing member, and it conducted its initial public offering in 2017.

Written from the business description in Hamilton Lane Incorporated's annual report to the U.S. Securities and Exchange Commission, filed 21 May 2026. Every sentence was checked against that document before publication.

Growth
USD 759.0M
Revenue, FY2025 · full 11-year series below
Revenue $M Net income $M
FY2025 · Revenue 759.0 · Net income 249.2
400M201520172019202120232025
Compound annual growth
+12.8%
+17.3%
+31.7%
+20.5%
+10.8%
+14.0%
+6.6%
+17.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +17.3% a year over five years — but profit grew faster: net income at +20.5%, earnings per share at +14.0%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
51 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 61.0% · Net 51.1%
50%201520172019202120232025
ROE
FY2025 · ROE 30.5%
20%40%201520172019202120232025

Each USD of equity produced 31 cents of profit this year.

Cash & shareholders
USD 87.7M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 419.1
200M400M201520172019202120232025
Net buybacks $M Dividends $M
FY2025 · Dividends 87.7 · Net buybacks —
40M80M-200M-400MDividendsNet buybacks201520172019202120232025

USD 87.7M in dividends — 35% of the year's profit went back to shareholders.

Total assetsUSD 2.3B
EquityUSD 915.2M
CashUSD 371.9M
Gross debtUSD 278.4M
Net debtUSD -93.5M

The company holds more cash than debt.

The 11-year record
11 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 20252024202320222021202020192018201720162015
Revenue $B0.80.70.60.50.40.30.30.30.20.2·
Operating income $B0.50.40.30.20.30.20.10.10.10.10.1
EBITDA $B0.50.40.30.30.30.20.10.10.10.10.1
Income tax $B0.10.00.10.10.10.00.00.00.00.00.0
Net income $B0.20.20.10.10.10.10.10.00.00.00.0
Free cash flow $B0.40.30.10.20.20.20.10.10.10.10.1
EPS, diluted $····3.982.812.151.40···
Dividend / sh $···········
Payout %3535466634404856550·
ROE %30.535.030.028.649.949.945.935.625.01.0·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 21 reconciliationsAUDITED

Reconciled in 11 of 19 fiscal years. 36 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityInvestment Advice
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsMarch 31
Data on record since2015

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