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Hamilton Lane

HLNE

Hamilton Lane is a leading global private markets investment solutions provider that designs and manages diversified portfolios of private equity, credit, and real assets.

Market cap
$3.52B-44.4%
Revenue$759.0M+6.5%
Net income$249.2M+14.6%
Free cash flow$419.1M+45.2%
EPS (diluted)$5.92+9.4%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 3 weeks)
Revenue estimate$218.3M
EPS estimate$1.46

Financials

Q4 2026

Income statement

See full
Revenue$193.6M-2.2%
Net income$66.2M+31.0%
EPS (diluted)$1.48+9.4%

Balance sheet

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Total debt$356.5M-3.2%
Total equity$915.2M+27.6%
Total assets$2.3B+36.4%

Cash flow

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Operating cash flow$103.0M+162%
CapEx$1.7M-49.3%
Free cash flow$101.2M+182%

Valuation & ratios

Valuation

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Market cap$3.52B-44.4%
P/E14.1×-14.4×
P/S4.6×-4.1×

Profitability

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Net margin32.8%+2.3pp
FCF margin55.2%+14.7pp

Returns & leverage

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Return on equity30.5%-4.5pp
Debt / equity0.4×-0.1×

Segments

By product

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Specialized funds$103.3M+30.2%
Customized separate accounts$35.1M+8.7%
Reporting, monitoring, data and analytics$9.4M+17.2%
Advisory$4.7M-13.5%
Fund reimbursement revenue$2.4M+20.2%

Competitors

Profile

Hamilton Lane is a leading global private markets investment solutions provider that designs and manages diversified portfolios of private equity, credit, and real assets. The company offers a combination of discretionary and non-discretionary services, leveraging proprietary data and analytical tools to provide institutional and private wealth clients with access to specialized investment opportunities. Its value proposition is built on deep industry relationships, risk management expertise, and a scalable platform for private market outsourcing.

Competitive position

A leading global provider of private markets solutions with a massive scale of assets under advisement and a specialized focus on the private wealth channel.

GeographiesUnited States, Europe, Asia, Middle East, Latin America, Australia
Customer segmentsInstitutional investors, Pension funds, Sovereign wealth funds, High-net-worth individuals, Family offices
Business modelAsset-based management fees, Performance-based incentive fees, Subscription SaaS, Advisory fee-for-service
SuppliersThird-party fund managers, Private companies for direct investment, Data providers, Technology infrastructure
CustomersPublic and corporate pension plans, Insurance companies, Endowments and foundations, Registered investment advisers, Private banks
Listed2017
Employees700.0
CEOErik R. Hirsch
FilingsSEC EDGAR

Questions, answered.

What is Hamilton Lane's market cap?
Hamilton Lane (HLNE) has a market capitalization of $3.5B and trades on NASDAQ.
What is Hamilton Lane's revenue and profitability?
Hamilton Lane generated $759.0M in trailing twelve-month revenue with net income of $249.2M, representing a net margin of 32.8%, with free cash flow of $419.1M. These figures are based on the Q1 2026 filing.
Who are Hamilton Lane's competitors?
Hamilton Lane's key competitors include StepStone Group Inc., Blackstone Inc., Silvercrest Asset Management Group Inc., and others. These companies compete in similar markets and product categories.
Who does Hamilton Lane partner with?
Hamilton Lane's notable partners include Nasdaq.
What subsidiaries does Hamilton Lane have?
Hamilton Lane's subsidiaries include Hamilton Lane Advisors, L.L.C., HLA Investments, LLC.
Where is Hamilton Lane headquartered?
Hamilton Lane is headquartered in United States of America and employs approximately 700 people. It has been publicly traded since 2017.