Metrics
The numbers behind Hamilton Lane Incorporated: as-reported financial statements and company metrics for FY2022–FY2026, traced to the source filings, opened with the share-price history those statements have to justify. Every linked figure opens the exact page of the filing it was printed on, with the statement row highlighted. Amounts in US$ thousands unless noted.
Reading notes: All figures are in thousands of US dollars, as printed on the face of the consolidated financial statements ('In thousands, except per share amounts'). Per-share values are as printed. Hamilton Lane's fiscal year ends March 31. Each fiscal year in the FY2022–FY2026 columns is cited to that year's own Form 10-K; every core-statement cell in those columns was page-verified against the index JSON page content. On the face of the income statement, revenue is disaggregated into Management and advisory fees, Incentive fees, and a smaller Consolidated Funds and Partnerships incentive-fee line (labeled 'Consolidated variable interest entities related: Incentive fees' in FY2022–FY2025 and 'Consolidated Funds and Partnerships: Incentive fees' in FY2026); the three sum to Total revenues. HLNE does not present Goodwill or Intangible assets as separate line items on the face of its Consolidated Balance Sheets, so no such rows are shown.
Share Price — Full Available History — 9 Years
The stock closed at $83.16 on Jul 24, 2026 — up 361% over the window shown (+17.7% a year), trading between $18.02 and $201.62. At that close the stock trades at 14× FY2026 diluted EPS as reported below.
Source: market price feed, weekly closes, sampled from 2,364 source observations, Mar 2017–Jul 2026. Price return only, excludes dividends.
FY2026 at a Glance
Revenue (US$ thousands)
Net income (US$ thousands)
Diluted EPS
Source: FY2026 consolidated statements [1] [2] [3] [4]. Click any linked figure to open the filing page with the row highlighted.
Revenue by Type
| Revenue by Type | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| Management and advisory fees | 314,228 | 371,874 | 451,936 | 513,864 | 584,216 |
| Incentive fees | 48,133 | 149,931 | 101,906 | 198,296 | 170,575 |
| Incentive fees — Consolidated Funds and Partnerships | 5,558 | 6,948 | — | 803 | 4,202 |
| Total revenues | 367,919 | 528,753 | 553,842 | 712,963 | 758,993 |
| Total revenues growth, derived | — | +43.7% | +4.7% | +28.7% | +6.5% |
Source: Consolidated Statements of Income — revenue lines [1] [2] [3] [4]. Click any linked figure to open the filing page with the row highlighted.
Income Statement
Source: Consolidated Statements of Income [1] [2] [3] [4]. Click any linked figure to open the filing page with the row highlighted.
Columns marked E are consensus analyst estimates from S&P Capital IQ (CapIQ), shown alongside reported results for direct comparison; they are not company guidance.
Estimate source: S&P Capital IQ (CapIQ) consensus, as of 2026-07-25. Estimate figures are S&P Capital IQ consensus (vendor data — no filing page links). EPS and net income use the normalized (adjusted) consensus where the street reports it. Line-item analyst models (segments, drivers, KPIs) are in the Visible Alpha tab.
Balance Sheet
Source: Consolidated Balance Sheets [5] [6] [7] [8]. Click any linked figure to open the filing page with the row highlighted.
Cash Flow
Source: Consolidated Statements of Cash Flows [9] [10] [11] [12]. Click any linked figure to open the filing page with the row highlighted.
Revenue by Geography
| Revenue by Geography | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| United States | 178,250 | 207,954 | 224,700 | 314,608 | 310,354 |
| Other foreign countries | 189,669 | 320,799 | 329,142 | 398,355 | 448,639 |
| Total revenues | 367,919 | 528,753 | 553,842 | 712,963 | 758,993 |
Source: Revenues by geographic location (revenue note) [13] [14] [15] [16]. Click any linked figure to open the filing page with the row highlighted.
Long-Term Record
| Fiscal year | Total revenues | Management and advisory fees | Net income attributable to Hamilton Lane Incorporated | Diluted earnings per share of Class A common stock | Fee Related Earnings |
|---|---|---|---|---|---|
| FY2017 | 179,820 | 172,674 | 612 | — | 72,252 |
| FY2018 | 244,033 | 195,030 | 17,341 | — | 81,223 |
| FY2019 | 252,179 | 217,773 | 33,573 | 1.40 | 89,901 |
| FY2020 | 274,048 | 244,920 | 60,825 | 2.15 | 109,310 |
| FY2021 | 341,635 | 289,444 | 98,022 | 2.81 | 130,039 |
| FY2022 | 367,919 | 314,228 | 145,986 | 3.98 | 144,254 |
| FY2023 | 528,753 | 371,874 | 109,120 | 3.01 | 158,809 |
| FY2024 | 553,842 | 451,936 | 140,858 | 3.69 | 206,719 |
| FY2025 | 712,963 | 513,864 | 217,417 | 5.41 | 276,465 |
| FY2026 | 758,993 | 584,216 | 249,180 | 5.92 | 344,510 |
Source: consolidated statements across filings; older years from the standardized feed [1] [2] [3] [4]. Click any linked figure to open the filing page with the row highlighted.
Operating KPIs
| KPI | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| Total assets under management (AUM) | 106,382,000,000 | 111,901,000,000 | 124,406,000,000 | 138,295,000,000 | 141,834,000,000 |
| Total assets under advisement (AUA) | 794,732,000,000 | 744,770,000,000 | 796,173,000,000 | 819,473,000,000 | 905,317,000,000 |
| Total fee-earning assets under management (FAUM) | 49,131,000,000 | 57,346,000,000 | 65,749,000,000 | 72,047,000,000 | 81,512,000,000 |
Source: standardized company data feed — these figures carry no page links.
Analyst Consensus
Mean target
Median target
High target
Low target
Street ratings: 4 strong buy, 2 buy, 1 hold. Consensus: Buy.
Estimate source: S&P Capital IQ (CapIQ) consensus, as of 2026-07-25. Estimate figures are S&P Capital IQ consensus (vendor data — no filing page links). EPS and net income use the normalized (adjusted) consensus where the street reports it. Line-item analyst models (segments, drivers, KPIs) are in the Visible Alpha tab.
Traceability
277 of 360 figures on this page (77%) link to the filing page where they are printed — click a linked figure to open the source PDF at that page with the row highlighted. Unlinked figures come from standardized data feeds or pre-filing years.
All figures are in thousands of US dollars, as printed on the face of the consolidated financial statements ('In thousands, except per share amounts'). Per-share values are as printed.
Hamilton Lane's fiscal year ends March 31. Each fiscal year in the FY2022–FY2026 columns is cited to that year's own Form 10-K; every core-statement cell in those columns was page-verified against the index JSON page content.
On the face of the income statement, revenue is disaggregated into Management and advisory fees, Incentive fees, and a smaller Consolidated Funds and Partnerships incentive-fee line (labeled 'Consolidated variable interest entities related: Incentive fees' in FY2022–FY2025 and 'Consolidated Funds and Partnerships: Incentive fees' in FY2026); the three sum to Total revenues.
HLNE does not present Goodwill or Intangible assets as separate line items on the face of its Consolidated Balance Sheets, so no such rows are shown.
The FY2024 Form 10-K did not disaggregate revenue by geography; the FY2024 revenue-by-geography column is taken from the comparative column of the FY2025 Form 10-K (Revenues by geographic location note).
The 'Net income' line is total consolidated net income including non-controlling interests; 'Net income attributable to Hamilton Lane Incorporated' is the portion attributable to Class A shareholders. The standardized data feed's 'net_income' equals the attributable line and reconciles to the filings.
FY2017–FY2021 long-term figures and all AUM/AUA/fee-earning AUM KPIs and Fee Related Earnings come from the standardized data feed (SEC XBRL / provider) and are shown without page links; Fee Related Earnings and AUM/AUA/FAUM are provider-sourced (Fee Related Earnings is a non-GAAP measure).
Quarterly income-statement figures are the single-quarter (three-month) columns from each Form 10-Q; quarterly balance sheets are point-in-time. Quarterly cash flows (printed year-to-date only in the 10-Qs) are omitted; the renderer falls back to the numeric feed for quarterly cash flow.