Hamilton Lane INC
Financial highlights
| Metric | FY 03/31/26 | FY 03/31/25 | FY 03/31/24 | FY 03/31/23 | FY 03/31/22 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $759.0M | $713.0M | $553.8M | $528.8M | $367.9M |
| Operating expenses | $434.1M | $396.4M | $308.0M | $288.7M | $198.4M |
| Pretax income | $462.9M | $362.3M | $281.7M | $242.6M | $313.7M |
| Income tax expense | $75.2M | $48.5M | $54.5M | $55.4M | $66.4M |
| Net income | $249.2M | $217.4M | $140.9M | $109.1M | $146.0M |
| Balance Sheet | |||||
| Total assets | $2.3B | $1.7B | $1.3B | $1.1B | $1.3B |
| Total liabilities | $838.4M | $766.5M | $595.2M | $566.4M | $557.5M |
| Total debt | — | — | — | $213.5M | $171.3M |
| Stockholders' equity | $915.2M | $717.3M | $525.2M | $415.4M | $346.9M |
| Cash Flow Statement | |||||
| Cash from operations | $424.9M | $300.8M | $120.9M | $226.6M | $169.5M |
| Depreciation and amortization | $9.9M | $9.3M | $8.2M | $7.4M | $5.5M |
| Stock-based compensation | $50.9M | $31.4M | $12.1M | $9.9M | $7.4M |
| Capital expenditure | $5.8M | $12.2M | $11.1M | $4.7M | $8.5M |
| Free cash flow | $419.1M | $288.7M | $109.8M | $221.8M | $161.0M |
| Dividends paid | $87.7M | $76.0M | $65.4M | $72.4M | $49.6M |
| Share repurchases | $20.0M | $2,000 | $2,000 | $0 | $1,000 |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 55.8M
Annual filing data through FY ended March 31, 2026; float as of July 4, 2026.