The financials
Hamilton Lane Incorporated by the numbers
Hamilton Lane Incorporated (HLNE) reported revenue of $194M in Q4 2026 (quarter ended Mar 31, 2026), down 2.2% from the same quarter a year earlier. That came with net income of $66M (34% of revenue). For the full year FY2026, revenue was $759M (+6.5% year on year) and net income $249M. Its largest product in Jun 2026 was Management And Advisory Fee Revenue Specialized Funds at $109M, 40% of the disclosed total, just ahead of Incentive Fee Revenue Specialized Funds at 39%.
| Income statement | Q4 2026 | Q4 2025 | Change |
|---|---|---|---|
| Revenue | $194M | $198M | −2.2% |
| Operating income | $82M | $84M | −2.1% |
| Net income | $66M | $50M | +31% |
| Product | Revenue | Share |
|---|---|---|
| Management And Advisory Fee Revenue Specialized Funds | $109M | 40% |
| Incentive Fee Revenue Specialized Funds | $108M | 39% |
| Management And Advisory Fee Revenue Customized Separate Accounts | $35M | 13% |
| Management And Advisory Fee Revenue Reporting And Other | $9.9M | 3.6% |
| Incentive Fee Revenue Customized Separate Accounts | $6.4M | 2.3% |
| Management And Advisory Fee Revenue Advisory | $4.6M | 1.7% |
| Management And Advisory Fee Revenue Fund Reimbursement | $3.1M | 1.1% |
| Management And Advisory Fee Revenue Distribution Management | $257K | 0.1% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $275.3M (+42%)
Incentive Fee Revenue Specialized Funds grew +181% year on yearManagement And Advisory Fee Revenue Distribution Management -74% year on year
Segment Latestquarter on quarteryear on year
- Management And Advisory Fee Revenue Specialized Funds$108.8M$108.8MQoQ +5.4%year on year +32%+5.4%+32%
- Incentive Fee Revenue Specialized Funds$107.6M$107.6MQoQ +189%year on year +181%+189%+181%
- Management And Advisory Fee Revenue Customized Separate Accounts$34.7M$34.7MQoQ -1.1%year on year +0.33%-1.1%+0.33%
- Management And Advisory Fee Revenue Reporting And Other$9.9M$9.9MQoQ +5.4%year on year +18%+5.4%+18%
- Incentive Fee Revenue Customized Separate Accounts$6.4M$6.4MQoQ +421%year on year +58%+421%+58%
- Management And Advisory Fee Revenue Advisory$4.6M$4.6MQoQ -4.0%year on year -17%-4.0%-17%
- Management And Advisory Fee Revenue Fund Reimbursement$3.1M$3.1MQoQ +29%year on year +106%+29%+106%
- Management And Advisory Fee Revenue Distribution Management$257.0K$257.0KQoQ -11%year on year -74%-11%-74%