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Other financials

Income statement

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

Balance sheet

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Cash & equivalents$348.0M+6.3%
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%
Free cash flow$101.2M+182%

Valuation

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Market cap$5.43B-20.3%
P/E21.8×-10.3×
P/S7.2×-2.7×

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×

Where this comes from

Reported directly by Hamilton Lane in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: Hamilton Lane’s 10-K, filed May 21, 2026.

Filed
May 21, 2026, 4:30 PM EDT
Fiscal year
FY2026
Accession
0001433642-26-000019
Line itemYear Ended March 31, 2026Year Ended March 31, 2025Year Ended March 31, 2024
Change in other assets and liabilities4,459(3,072)(426)
Net cash provided by operating activities$424,917$300,820$120,852
Investing activities:
Purchase of furniture, fixtures and equipment(5,844)(12,156)(11,073)
Purchase of investments and convertible notes(15,000)(12,692)(14,352)
Proceeds from sale of investments6,9481,343
Net proceeds from sale of Consolidated Fund22,135
Proceeds from sale of intangible assets2,0783,305

Item 8. Consolidated Financial Statements and Supplementary Data

FAQ

What is Hamilton Lane's capex?
Hamilton Lane (HLNE) reported capex of $1.75M in Q1 2026.
How has Hamilton Lane's capex changed year-over-year?
Hamilton Lane's capex decreased by 49.3% year-over-year, from $3.44M to $1.75M.
What is the long-term trend for Hamilton Lane's capex?
Over 4 years (2022 to 2026), Hamilton Lane's capex has grown at a -9.0% compound annual growth rate (CAGR), from $8.53M to $5.84M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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