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Hamilton Lane HLNE Fund reimbursement revenue — Total revenues

Other product segments

Specialized funds
$103.27M+30.2%
Customized separate accounts
$35.08M+8.7%
Reporting, monitoring, data and analytics
$9.4M+17.2%
Advisory
$4.75M-13.5%
Distribution management
$288K-59.0%

Similar metrics at other companies

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STEPFund reimbursement revenues — Service fees
$3.08M+37.1%
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HGVCost reimbursements — Revenue
$149M+12.0%
Travel + Leisure logo
TNLReimbursable revenues — Net revenues
$107M-1.8%
Marriott International logo
MARCost reimbursement revenue — Total Revenue
$4.84B+4.1%
Marriott Vacations Worldwide logo
VACCost reimbursements — Revenue from contracts with customers
$430M+15.3%
Brookdale Senior Living logo
BKDReimbursed costs incurred on behalf of managed communities — Total Revenue
$37.03M+9.6%

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%
Free cash flow$101.2M+182%

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

Reported directly by Hamilton Lane in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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 fund reimbursement revenue — total revenues?
Hamilton Lane (HLNE) reported fund reimbursement revenue — total revenues of $2.43M in Q1 2026.
How has Hamilton Lane's fund reimbursement revenue — total revenues changed year-over-year?
Hamilton Lane's fund reimbursement revenue — total revenues increased by 20.2% year-over-year, from $2.02M to $2.43M.
What is the long-term trend for Hamilton Lane's fund reimbursement revenue — total revenues?
Over 4 years (2022 to 2026), Hamilton Lane's fund reimbursement revenue — total revenues has grown at a 46.3% compound annual growth rate (CAGR), from $2.16M to $9.87M.
What does fund reimbursement revenue — total revenues mean?
This metric represents the revenue recognized by the firm as reimbursement for costs incurred on behalf of managed investment funds. It reflects the pass-through of operational expenses related to fund management activities that are contractually recoverable from the funds themselves. Monitoring this revenue stream helps investors distinguish between core management fee income and cost-recovery activities that do not directly contribute to operating margins.