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Hamilton Lane HLNE Free cash flow

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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%
CapEx$1.7M-49.3%

Valuation

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Market cap$3.59B-32.2%
P/E14.4×-10.0×
P/S4.7×-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

Calculated from Hamilton Lane’s reported figures.

The official record: Hamilton Lane’s 10-K, filed May 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hamilton Lane's free cash flow?
Hamilton Lane (HLNE) reported free cash flow of $101.23M in Q1 2026.
How has Hamilton Lane's free cash flow changed year-over-year?
Hamilton Lane's free cash flow increased by 182.5% year-over-year, from $35.84M to $101.23M.
What is the long-term trend for Hamilton Lane's free cash flow?
Over 3 years (2022 to 2026), Hamilton Lane's free cash flow has grown at a 37.6% compound annual growth rate (CAGR), from $161M to $419.07M.
What does free cash flow mean?
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and maintain or expand its capital asset base. It serves as a critical indicator of a company's ability to fund organic growth, pay down debt, or return capital to shareholders without relying on external financing.